Plug Power Balance Sheet - Quarterly (NASDAQ:PLUG)

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$1.99 $0.01 (0.51%) PLUG stock closing price Jun 18, 2018 (Closing)

The financial analysis of a company involves interpreting the income statement, balance sheet and cash flow statements of the company to draw insights like we've done in our Plug Power stock analysis. Financial strength can be guaged by performing Plug Power stock analysis and by analyzing the balance sheet. Quarterly results are typically accompanied with the company releasing financial statements. Plug Power had a long term debt of $48.25M at the end of 2018 Q1. To understand the debt servicing capacity of the company, one needs to look at Plug Power operating cash flow and Plug Power revenue also. Plug Power debt to equity ratio is 3.21.

View and download Plug Power quarterly results to get the balance sheet details for the latest 40 quarters data.
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q4
Cash60.55M38.72M22.85M16.92M26.59M57.23M47.56M70.05M70.89M67.97M
Marketable Securities----------
Receivables22.98M15.33M52.86M15.26M6.9M11.92M12M12.67M10.68M22.65M
Inventory47.34M48.77M44.68M42.7M33.72M29.94M35.79M34.92M39.15M32.75M
Raw Materials40.48M42.85M37.28M31.04M27.5M26.29M-29.12M26.7M23.7M
Work In Progress3.95M3.49M4.08M8.84M3.88M1.86M-2.56M8.58M5.56M
Finished Goods2.91M2.43M3.32M2.82M2.33M1.77M-3.23M3.85M3.48M
Notes Receivable----------
Other Current Assets14.64M16.77M12.75M13.12M10.36M11.83M11.51M9.85M9.73M7.85M
Total Current Assets
145.53M119.6M133.17M88.01M77.58M110.93M106.87M127.51M130.46M131.23M
Property Plant & Equipment43.02M42M39.73M38.96M-37.91M-37.71M37.1M35.22M
Accumulated Depreciation32.19M31.58M31.07M30.59M-29.66M-28.76M28.35M27.97M
Net Property Plant & Equipment
10.83M10.41M8.65M8.37M8.08M8.24M8.48M8.94M8.75M7.25M
Investment & Advances-87.06M---54.06M--13.23M1.66M
Other Non-Current Assets----------
Deferred Charges----------
Intangibles13.43M13.23M13.2M12.93M12.26M12.22M13.14M13.17M13.48M13.12M
Deposits & Other Assets128.5M40.49M120.64M119.25M112.78M55.36M95.48M83.41M55.86M55.79M
Total Assets
298.3M270.81M275.68M228.58M210.72M240.83M223.98M233.4M222.16M209.45M
Notes Payable----------
Accounts Payable42.6M42.36M38.65M28.14M27.04M32.11M28.61M30.56M23.04M20.45M
Current Portion Long-Term Debt52.42M53.26M45.99M26.58M27.68M17.75M10.47M5.17M26.48M-
Current Portion Capital Leases----------
Accrued Expenses8.19M10.59M8.91M6.33M6.49M9.27M11.39M9.12M13.36M13.95M
Income Taxes Payable----------
Other Current Liabilities10.11M9.49M9.59M6.04M5.9M7.35M5.96M4.85M4.8M8.29M
Total Current Liabilities
113.34M115.72M103.14M67.11M67.13M66.48M56.43M49.71M67.71M42.7M
Mortgages----------
Deferred Taxes/Income25.08M25.8M25.89M17.31M17.05M17.41M12.2M12.44M13.27M13.99M
Convertible Debt58.27M---------
Long-Term Debt48.25M50.44M53.39M40.69M42.98M50.59M58.79M59.16M14.39M14.8M
Non-Current Capital Leases----------
Other Long-Term Liabilities3.15M4.48M5.77M4.04M13.91M11.62M1.77M6.13M9.6M12.05M
Total Liabilities
248.81M197.16M188.93M130.31M150.01M155.74M130.36M128.6M106.13M84.72M
Minority Interest---1.15M8.93M9.62M1.15M1.15M1.15M1.15M
Preferred Stock----------
Common Stock Net2.29M2.29M2.28M2.25M1.91M1.91M1.81M1.8M1.8M1.8M
Capital Surplus1.27B1.25B1.24B1.22B1.14B1.14B1.13B1.12B1.12B1.12B
Retained Earnings-1.2B-1.18B-1.16B-1.12B-1.08B-1.05B-1.03B-1.02B-1.01B-993.87M
Treasury Stock30.6M3.1M3.09M3.09M3.09M3.09M3.08M2.9M2.9M2.9M
Other Liabilities2.6M2.19M1.95M1.4M--1.11M1.09M1.38M-
Shareholders Equity49.49M73.64M86.75M98.26M60.7M85.08M93.61M104.79M116.03M124.73M
Total Liabilities & Shareholders Equity298.3M270.81M275.68M228.58M210.72M240.83M223.98M233.4M222.16M209.45M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Most investors just check the Plug Power stock price, and Plug Power historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Plug Power PE ratio chart. Below is a brief explanation of common balance sheet terms:

  • Assets: Anything that the Plug Power company owns and is a part of its books. Assets can be of three types: fixed, current and other assets which includes intangibles, advances. Internet companies typically don't have a lot of assets as there is not much investment in say machinery, equipment etc. Plug Power had total assets of $298.3M.
  • Liabilities include short term loans and long term loans availed by the company to fund its business operations. PLUG stock had total liabilities of $248.81M for the quarter 2018 Q1.

Plug Power Balance Sheet - Key Ratios

Current ratio
1.28
Debt to equity ratio
3.21
Asset turnover ratio
0.38
Receivables turnover
6.31
Price to book ratio
6.12