Ballard Historical Income Statement
| BLDP Stock | USD 2.58 0.05 1.90% |
Historical analysis of Ballard Power income statement accounts such as Interest Expense of 569.9 K, Selling General Administrative of 17.8 M or Total Revenue of 69.1 M can show how well Ballard Power Systems performed in making a profits. Evaluating Ballard Power income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ballard Power's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Ballard Power Systems latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Ballard Power Systems is a good buy for the upcoming year.
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About Ballard Income Statement Analysis
Ballard Power Systems Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Ballard Power shareholders. The income statement also shows Ballard investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Ballard Power Income Statement Chart
Ballard Power Systems Income Statement is one of the three primary financial statements used for reporting Ballard's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Ballard Power Systems revenue and expense. Ballard Power Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Ballard Power's Other Operating Expenses is relatively stable compared to the past year. As of 04/23/2024, Research Development is likely to grow to about 98.1 M, while Selling General Administrative is likely to drop slightly above 17.8 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts Ballard Power Systems generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Ballard Power Systems. It is also known as Ballard Power overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Ballard Power's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ballard Power Systems current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ballard Power Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. At this time, Ballard Power's Other Operating Expenses is relatively stable compared to the past year. As of 04/23/2024, Research Development is likely to grow to about 98.1 M, while Selling General Administrative is likely to drop slightly above 17.8 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 102.0M | 145.8M | 134.0M | 77.2M | Cost Of Revenue | 90.5M | 96.9M | 135.2M | 141.9M |
Ballard Power income statement Correlations
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Ballard Power Account Relationship Matchups
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Ballard Power income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | (3.5M) | (5.0M) | (6.7M) | 9.7M | 13.0M | 8.8M | |
| Interest Expense | 1.4M | 1.3M | 1.3M | 1.3M | 1.1M | 569.9K | |
| Selling General Administrative | 13.5M | 16.5M | 25.0M | 28.9M | 24.0M | 17.8M | |
| Total Revenue | 106.3M | 103.9M | 104.5M | 83.8M | 104.2M | 69.1M | |
| Gross Profit | 22.6M | 21.0M | 14.0M | (13.1M) | (30.9M) | (29.4M) | |
| Other Operating Expenses | 132.1M | 145.0M | 192.5M | 145.8M | 269.1M | 282.6M | |
| Operating Income | (25.8M) | (41.2M) | (88.0M) | (158.9M) | (164.9M) | (156.6M) | |
| Ebit | (25.8M) | (41.2M) | (88.0M) | (158.9M) | (164.9M) | (156.6M) | |
| Research Development | 26.9M | 35.5M | 62.2M | 96.0M | 93.5M | 98.1M | |
| Ebitda | (29.3M) | (46.2M) | (94.7M) | (149.2M) | (151.9M) | (144.3M) | |
| Cost Of Revenue | 83.7M | 82.9M | 90.5M | 96.9M | 135.2M | 141.9M | |
| Total Operating Expenses | 48.4M | 62.1M | 102.0M | 145.8M | 134.0M | 77.2M | |
| Income Before Tax | (39.0M) | (49.3M) | (114.6M) | (177.0M) | (136.4M) | (129.6M) | |
| Total Other Income Expense Net | (13.2M) | (8.2M) | (26.6M) | (18.1M) | 28.5M | 29.9M | |
| Net Income | (39.1M) | (49.5M) | (114.4M) | (173.5M) | (181.0M) | (171.9M) | |
| Income Tax Expense | 20K | 130K | (216K) | (3.5M) | 160.9K | 152.9K | |
| Net Income From Continuing Ops | (39.1M) | (49.5M) | (114.4M) | (173.5M) | (144.2M) | (137.0M) | |
| Net Income Applicable To Common Shares | (39.1M) | (51.4M) | (114.2M) | (173.5M) | (156.1M) | (148.3M) | |
| Selling And Marketing Expenses | 7.9M | 8.6M | 12.9M | 12.9M | 15.1M | 10.0M | |
| Tax Provision | 20K | 130K | (216K) | (3.5M) | 158K | 165.9K | |
| Net Interest Income | (1.4M) | (1.3M) | (1.6M) | (1.3M) | (1.1M) | (1.2M) | |
| Reconciled Depreciation | 7.5M | 7.6M | 9.8M | 13.4M | 13.5M | 9.7M |
Pair Trading with Ballard Power
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ballard Power position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ballard Power will appreciate offsetting losses from the drop in the long position's value.Moving together with Ballard Stock
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Moving against Ballard Stock
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The ability to find closely correlated positions to Ballard Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ballard Power when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ballard Power - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ballard Power Systems to buy it.
The correlation of Ballard Power is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ballard Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ballard Power Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ballard Power can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ballard Power Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Ballard Power Systems information on this page should be used as a complementary analysis to other Ballard Power's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for Ballard Stock analysis
When running Ballard Power's price analysis, check to measure Ballard 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 Ballard Power is operating at the current time. Most of Ballard Power's value examination focuses on studying past and present price action to predict the probability of Ballard 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 Ballard Power's price. Additionally, you may evaluate how the addition of Ballard Power to your portfolios can decrease your overall portfolio volatility.
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Is Ballard Power's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ballard Power. If investors know Ballard will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ballard Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.48) | Revenue Per Share 0.343 | Quarterly Revenue Growth 0.292 | Return On Assets (0.09) | Return On Equity (0.13) |
The market value of Ballard Power Systems is measured differently than its book value, which is the value of Ballard that is recorded on the company's balance sheet. Investors also form their own opinion of Ballard Power's value that differs from its market value or its book value, called intrinsic value, which is Ballard Power's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ballard Power's market value can be influenced by many factors that don't directly affect Ballard Power's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ballard Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ballard Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ballard Power's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.