Plug Power Balance Sheet Health
Financial Health criteria checks 6/6
Plug Power has a total shareholder equity of $2.9B and total debt of $550.0M, which brings its debt-to-equity ratio to 19%. Its total assets and total liabilities are $4.9B and $2.0B respectively.
Key information
19.0%
Debt to equity ratio
US$549.99m
Debt
Interest coverage ratio | n/a |
Cash | US$135.03m |
Equity | US$2.90b |
Total liabilities | US$2.00b |
Total assets | US$4.90b |
Recent financial health updates
Is Plug Power (NASDAQ:PLUG) Using Debt In A Risky Way?
Jun 18Rock star Growth Puts Plug Power (NASDAQ:PLUG) In A Position To Use Debt
Feb 26Is Plug Power (NASDAQ:PLUG) Using Too Much Debt?
Aug 10Recent updates
Plug Power: Don't Be Early On A Longshot
Apr 04Revenues Not Telling The Story For Plug Power Inc. (NASDAQ:PLUG) After Shares Rise 32%
Feb 16Plug Power: $1 Billion ATM Facility Likely To Result In Major Dilution - Sell
Jan 18There's Reason For Concern Over Plug Power Inc.'s (NASDAQ:PLUG) Massive 30% Price Jump
Dec 26Is It Time To Consider Buying Plug Power Inc. (NASDAQ:PLUG)?
Aug 19Plug Power Inc.'s (NASDAQ:PLUG) Earnings Haven't Escaped The Attention Of Investors
Jul 06Is Plug Power (NASDAQ:PLUG) Using Debt In A Risky Way?
Jun 18Plug Power Inc.'s (NASDAQ:PLUG) Intrinsic Value Is Potentially 78% Above Its Share Price
Apr 17Rock star Growth Puts Plug Power (NASDAQ:PLUG) In A Position To Use Debt
Feb 26A Look At The Intrinsic Value Of Plug Power Inc. (NASDAQ:PLUG)
Jan 03What Is Plug Power Inc.'s (NASDAQ:PLUG) Share Price Doing?
Dec 16Plug Power: Revised Projections Might Still Prove Aggressive
Oct 17Plug Power: Investors Who Didn't Chase In August Avoided The Selloff - Be Patient
Oct 02Best Performing Stocks
Sep 23Plug Power: Green Hydrogen Produces A Lot Of Red
Sep 16Plug Power secures largest multi-site electrolyzer order in Europe
Sep 08Plug Power Inc.'s (NASDAQ:PLUG) Intrinsic Value Is Potentially 97% Above Its Share Price
Sep 06Plug Power: New Tax Credits Trump Abysmal Second Quarter Results
Aug 30Plug Power Stock: Changing My Stance
Aug 17Is Plug Power (NASDAQ:PLUG) Using Too Much Debt?
Aug 10Plug Power: Don't Chase This Rally Now
Aug 08Plug Power: Destroyed The Sellers In June (Technical Analysis)
Jul 09Plug Power target lowered to $28 by JP Morgan
Jun 29Plug Power: Time For Patient Investors To Buy The Green Hydrogen Leader
Jun 08Plug Power: There's No Bottom In Sight - Sell And Move On
May 10Where Will Plug Power Stock Be In 5 Years?
Apr 26Walmart is Testing, Europe Might be Next - the Growth Potential for Plug Power Inc. (NASDAQ:PLUG)
Apr 20Plug Power: Positioned For The Exponential Growth In Green Hydrogen
Apr 02Plug Power Inc. (NASDAQ:PLUG) Can Benefit From the Geopolitical Tailwinds
Mar 09Plug Power: Increasing Conviction For The Green Hydrogen Leader
Feb 25Plug And 49 Other Shorts
Jan 24Plug Power Stock Forecast: What To Watch For In 2022
Jan 14A Top-Down View Of Plug Power's Opportunity
Jan 04Plug Power: A Strong Buy In Green Hydrogen Space
Dec 25Plug Power: Shaky Business Model, First-Mover Advantage Is A Myth
Dec 16Financial Position Analysis
Short Term Liabilities: PLUG's short term assets ($1.8B) exceed its short term liabilities ($964.8M).
Long Term Liabilities: PLUG's short term assets ($1.8B) exceed its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: PLUG's net debt to equity ratio (14.3%) is considered satisfactory.
Reducing Debt: PLUG's debt to equity ratio has reduced from 341.1% to 19% over the past 5 years.
Balance Sheet
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 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: PLUG is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.