Plug Power Financials

PLUG Stock  USD 2.24  0.11  5.16%   
Based on the analysis of Plug Power's profitability, liquidity, and operating efficiency, Plug Power is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, Plug Power's Total Current Liabilities is most likely to increase significantly in the upcoming years. The Plug Power's current Total Stockholder Equity is estimated to increase to about 3 B, while Cash And Short Term Investments are projected to decrease to roughly 128.3 M. Key indicators impacting Plug Power's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio1.761.8522
Notably Down
Pretty Stable
The essential information of the day-to-day investment outlook for Plug Power includes many different criteria found on its balance sheet. An individual investor should monitor Plug Power's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Plug Power.

Net Income

(1.3 Billion)

  
Understanding current and past Plug Power Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Plug Power's financial statements are interrelated, with each one affecting the others. For example, an increase in Plug Power's assets may result in an increase in income on the income statement.

Plug Power Earnings Geography

Plug Power Stock Summary

Plug Power competes with Bloom Energy, Microvast Holdings, Solid Power, FREYR Battery, and Polar Power. Plug Power Inc. delivers end-to-end clean hydrogen and zero-emissions fuel cell solutions for supply chain and logistics applications, on-road electric vehicles, stationary power market, and others in North America and internationally. The company was founded in 1997 and is headquartered in Latham, New York. Plug Power operates under Electrical Equipment Parts classification in the United States and is traded on NASDAQ Exchange. It employs 2249 people.
Specialization
Industrials, Electrical Equipment & Parts
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS72919P2020
CUSIP72919P202 72919P103
LocationNew York; U.S.A
Business Address968 Albany Shaker
SectorElectrical Equipment
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.plugpower.com
Phone518 782 7700
CurrencyUSD - US Dollar

Plug Power Key Financial Ratios

Plug Power Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets771.2M2.4B6.0B5.8B4.9B5.1B
Other Current Liab15.5M39.2M108.4M458.4M399.7M419.7M
Net Debt397.7M(597.3M)(1.7B)208.1M833.8M875.5M
Retained Earnings(1.3B)(1.9B)(2.4B)(3.1B)(4.5B)(4.3B)
Accounts Payable47.6M58.8M92.3M191.9M257.8M270.7M
Cash139.5M1.3B2.5B690.6M135.0M241.0M
Net Receivables25.4M42.8M131.3M191.9M370.1M388.6M
Total Liab636.5M910.1M1.3B1.7B2.0B2.1B
Total Current Assets313.3M1.6B4.4B3.3B1.8B1.9B
Inventory72.4M139.4M269.2M645.6M961.3M1.0B
Other Current Assets21.2M72.3M178.5M309.3M320.6M336.7M
Short Term Debt76.0M117.2M92.8M65.7M85.9M90.2M
Common Stock3.2M4.7M5.9M6.1M6.3M6.6M
Other Liab117.3M55.3M206.5M291.1M334.8M351.5M
Other Assets183.8M265.7M609.4M837.6M963.2M1.0B
Long Term Debt110.2M85.6M305.4M193.9M196.5M206.3M
Intangible Assets5.5M38.9M158.2M207.7M188.9M353.4M
Good Will9.4M9.0M8.8M72.4M220.4M248.6M
Treasury Stock(30.6M)(31.2M)(40.4M)(72.5M)(65.3M)(62.0M)
Net Tangible Assets121.4M1.4B4.2B3.6B4.1B4.4B
Capital Surpluse1.5B3.4B7.1B7.3B8.4B8.8B

Plug Power Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense35.5M60.5M43.2M39.0M45.2M47.5M
Total Revenue230.2M(100.5M)502.3M701.4M891.3M935.9M
Gross Profit28.0M(523.8M)(171.3M)(194.4M)(507.8M)(482.4M)
Operating Income(50.0M)(550.3M)(437.3M)(679.6M)(1.3B)(1.3B)
Ebit(37.5M)(566.5M)(432.9M)(684.1M)(1.3B)(1.3B)
Research Development33.7M51.0M64.8M99.6M113.7M119.4M
Ebitda(37.4M)(550.9M)(409.6M)(632.5M)(1.3B)(1.2B)
Cost Of Revenue202.3M423.3M673.7M895.8M1.4B1.5B
Income Before Tax(85.5M)(592.5M)(476.2M)(723.2M)(1.4B)(1.3B)
Net Income(121.0M)(561.7M)(460.0M)(724.0M)(1.4B)(1.3B)
Income Tax Expense35.5M(30.8M)(16.2M)839K(7.4M)(7.0M)
Interest Income35.4M58.4M4.0M37.3M55.8M29.8M
Net Interest Income(35.5M)(58.4M)(39.2M)(1.8M)10.6M11.2M

Plug Power Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash259.3M1.3B1.5B(1.6B)(380.2M)(361.2M)
Free Cash Flow(66.1M)(206.5M)(551.4M)(1.3B)(1.8B)(1.7B)
Depreciation12.7M14.8M23.4M51.6M71.1M74.6M
Other Non Cash Items8.8M444.4M92.0M61.6M578.8M607.7M
Capital Expenditures14.6M50.2M193.3M463.9M696.1M730.9M
Net Income(85.5M)(561.7M)(460.0M)(724.0M)(1.4B)(1.3B)
End Period Cash Flow369.5M1.6B3.1B1.5B1.2B1.2B
Change To Inventory(24.5M)(63.4M)(98.8M)(363.7M)(408.6M)(388.2M)
Investments(14.2M)(95.3M)(1.7B)(115.1M)728.1M764.5M
Change Receivables10.6M(15.7M)(27.6M)(30.9M)(27.8M)(26.4M)
Net Borrowings71.7M294.1M20.6M1.5M1.7M1.6M
Change To Netincome12.8M(24.3M)92.4M206.3M237.2M249.1M

Plug Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Plug Power's current stock value. Our valuation model uses many indicators to compare Plug Power value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Plug Power competition to find correlations between indicators driving Plug Power's intrinsic value. More Info.
Plug Power is rated below average in return on equity category among its peers. It is regarded fifth in return on asset category among its peers . At this time, Plug Power's Return On Equity is most likely to slightly decrease in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Plug Power by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Plug Power Systematic Risk

Plug Power's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Plug Power volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Plug Power correlated with the market. If Beta is less than 0 Plug Power generally moves in the opposite direction as compared to the market. If Plug Power Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Plug Power is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Plug Power is generally in the same direction as the market. If Beta > 1 Plug Power moves generally in the same direction as, but more than the movement of the benchmark.

Plug Power Thematic Clasifications

Plug Power is part of several thematic ideas from Climate Change to Driverless Cars. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Plug Power Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Plug Power's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Plug Power growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.0221)

At this time, Plug Power's Price Earnings To Growth Ratio is most likely to increase slightly in the upcoming years.

Plug Power November 30, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Plug Power help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Plug Power. We use our internally-developed statistical techniques to arrive at the intrinsic value of Plug Power based on widely used predictive technical indicators. In general, we focus on analyzing Plug Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Plug Power's daily price indicators and compare them against related drivers.

Complementary Tools for Plug Stock analysis

When running Plug Power's price analysis, check to measure Plug Power's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Plug Power is operating at the current time. Most of Plug Power's value examination focuses on studying past and present price action to predict the probability of Plug Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plug Power's price. Additionally, you may evaluate how the addition of Plug Power to your portfolios can decrease your overall portfolio volatility.
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