Ballard Power Gross Profit vs. Number Of Shares Shorted

BLDP Stock  USD 1.45  0.02  1.36%   
Considering Ballard Power's profitability and operating efficiency indicators, Ballard Power Systems may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Ballard Power's ability to earn profits and add value for shareholders.
 
Gross Profit  
First Reported
1994-03-31
Previous Quarter
-7.6 M
Current Value
-8.2 M
Quarterly Volatility
5.3 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
As of 12/05/2024, Price To Sales Ratio is likely to drop to 10.26. In addition to that, Days Sales Outstanding is likely to drop to 147.47. At this time, Ballard Power's Total Other Income Expense Net is relatively stable compared to the past year. As of 12/05/2024, Change To Netincome is likely to grow to about 46.4 M, though Income Before Tax is likely to grow to (136.8 M).
For Ballard Power profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ballard Power to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ballard Power Systems utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ballard Power's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ballard Power Systems over time as well as its relative position and ranking within its peers.
  
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Is Electrical Components & Equipment space 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
(1.09)
Revenue Per Share
0.307
Quarterly Revenue Growth
(0.46)
Return On Assets
(0.11)
Return On Equity
(0.37)
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.

Ballard Power Systems Number Of Shares Shorted vs. Gross Profit Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Ballard Power's current stock value. Our valuation model uses many indicators to compare Ballard Power value to that of its competitors to determine the firm's financial worth.
Ballard Power Systems is rated below average in gross profit category among its peers. It is number one stock in number of shares shorted category among its peers . Ballard Power reported last year Gross Profit of (21.83 Million). Comparative valuation analysis is a catch-all technique that is used if you cannot value Ballard Power by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Ballard Number Of Shares Shorted vs. Gross Profit

Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Ballard Power

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
(13.1 M)
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.

Ballard Power

Shares Shorted

 = 

Shorted by Public

+

by Institutions

 = 
13.41 M
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.

Ballard Number Of Shares Shorted Comparison

Ballard Power is currently under evaluation in number of shares shorted category among its peers.

Ballard Power Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Ballard Power, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ballard Power will eventually generate negative long term returns. The profitability progress is the general direction of Ballard Power's change in net profit over the period of time. It can combine multiple indicators of Ballard Power, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-3 M-3.1 M
Operating Income-162.9 M-154.8 M
Income Before Tax-144.1 M-136.8 M
Total Other Income Expense Net18.9 M19.8 M
Net Loss-177.7 M-168.8 M
Income Tax Expense158 K150.1 K
Net Loss-144.2 M-137 M
Net Loss-156.1 M-148.3 M
Net Interest Income-1.1 M-1.2 M
Change To Netincome44.2 M46.4 M
Net Loss(0.60)(0.62)
Income Quality 0.59  0.70 
Net Income Per E B T 1.23  0.84 

Ballard Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Ballard Power. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Ballard Power position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Ballard Power's important profitability drivers and their relationship over time.

Use Ballard Power in pair-trading

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.

Ballard Power Pair Trading

Ballard Power Systems Pair Trading Analysis

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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Ballard Power position

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Diversified Assets
Diversified Assets Theme
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Additional 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.