Plug Power Financial Health
How is Plug Power's financial position?
[object Object] Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: PLUG's short term assets ($3.7B) exceed its short term liabilities ($599.4M).
Long Term Liabilities: PLUG's short term assets ($3.7B) exceed its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: PLUG has more cash than its total debt.
Reducing Debt: PLUG's debt to equity ratio has reduced from 58.6% to 13% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: PLUG has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if PLUG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.