Plug Power Balance Sheet Health
Financial Health criteria checks 4/6
Plug Power has a total shareholder equity of $3.5B and total debt of $554.2M, which brings its debt-to-equity ratio to 15.8%. Its total assets and total liabilities are $5.5B and $1.9B respectively.
Key information
15.8%
Debt to equity ratio
US$554.17m
Debt
| Interest coverage ratio | n/a |
| Cash | US$567.40m |
| Equity | US$3.51b |
| Total liabilities | US$1.94b |
| Total assets | US$5.45b |
Recent financial health updates
Is Plug Power (NASDAQ:PLUG) Using Debt In A Risky Way?
Jun 18
Rock 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
Is 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 23
Plug 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 16Plug Power (NASDAQ:PLUG) Has Enough Time to Deliver on Growth Plan
Nov 12Plug Power: Introducing The Next Energy Giant
Nov 06Plug Power: Scrutinizing Most Recent Guidance Raise
Oct 15A Look Into the Ownership of Plug Power Inc. (NASDAQ:PLUG)
Oct 13Is Plug Power Stock A Buy Or Sell Before Infrastructure Bill Vote?
Sep 17Is Plug Power Stock Overvalued Or Undervalued? We Think It's An Aggressive Buy
Sep 08Where Will Plug Power Be In 10 Years?
Aug 13Plug Power: More Rosy Projections Despite The Worst Quarter In Recent History
Aug 06How Plug Power Could Generate 7x Returns Over The Next Decade
Jul 27Where Will Plug Power Be In 5 Years? Global And Profitable
Jul 07Plug Power: This Stock Fails To Get Us Charged Up
Jun 21Plug Power well-capitalized green hydrogen first mover, BTIG says in Buy rating
May 28Plug Powwer files to delay Form 10-Q, provides preliminary Q1 results
May 10Plug Power Inc.: Facing A Shareholder Lawsuit
May 03Financial Position Analysis
Short Term Liabilities: PLUG's short term assets ($2.2B) exceed its short term liabilities ($930.6M).
Long Term Liabilities: PLUG's short term assets ($2.2B) 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 1029.7% to 15.8% 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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PLUG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 54% each year