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Total Debt for Plug Power Inc

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PLUN: Plug Power Inc

Plug Power Inc. develops hydrogen fuel cells product solutions in North America, Europe, Asia, and internationally. The company offers GenDrive, a hydrogen fueled proton exchange membrane (PEM) fuel c...

0.91 EUR
Price
EUR
Fair Value
Upside
0.90 - 4.59
52-week range

Analysis

Fiscal Years
Trailing Twelve Months
Fiscal Halfs
Fiscal Quarters
Daily
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The following section summarizes insights on Plug Power Inc's Total Debt:

Dec 2016Dec 2018Dec 2020Dec 2022Dec 2024400 M800 M1.2 B

Performance Summary
  • Plug Power's total debt last quarter was 1.041 billion
  • Plug Power's total debt for fiscal years ending December 2020 to 2024 averaged 786 million.
  • Plug Power's operated at median total debt of 839.3 million from fiscal years ending December 2020 to 2024.
  • Looking back at the last 5 years, Plug Power's total debt peaked in December 2024 at 1.041 billion.
  • Plug Power's total debt hit its 5-year low in December 2020 of 460 million.
  • Plug Power's total debt increased in each of the last 5 fiscal years from 460 million in 2020 to 1.041 billion in 2024.

How does Plug Power's Total Debt benchmark against competitors?

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We've identified the following companies as similar to Plug Power Inc because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.

Metric Usage: Total Debt

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total_debt
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number
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text
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current
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FY, Q
Periods Supported
Free
Plan

To view the full list of supported financial metrics please see Complete Metrics Listing.

Similar Metrics

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Metrics similar to Total Debt in the financials category include:

  • Asset Writedown - An expense incurred when the carrying value of an asset is greater than its fair value and it is written down or decreased in value to equal its current fair value.
  • Unearned Revenue Non Current - Revenue collected or promised for which the reporting company still has to provide goods or services over 12 months into the future.
  • Other Operating Expenses, Total - This item represents the other operating costs incurred during the given fiscal year.
  • Short Term Investments - The aggregate value of debt and or equity investments with maturities or benefits lasting less than one year.
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Total Debt

The sum of all debt and capital lease obligations.

Definition of Total Debt

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Plug Power reported total debt of 1.041 B for the latest quarter ending December 31, 2024 on its balance sheet.

The tables below summarizes Plug Power’s Total Debt and common size over the last five years:

Fiscal YearTotal DebtAssets% Assets
2020-12-31460 M1.843 B25.0%
2021-12-31711.8 M5.228 B13.6%
2022-12-31839.3 M5.383 B15.6%
2023-12-31877.6 M4.441 B19.8%
2024-12-311.041 B3.478 B29.9%

The tables below summarizes Plug Power’s Total Debt and common size over the last four quarters:

Quarter EndingTotal DebtAssets% Assets
2024-03-31880.5 M4.492 B19.6%
2024-06-30855.1 M4.462 B19.2%
2024-09-30834 M4.243 B19.7%
2024-12-311.041 B3.478 B29.9%

Click the link below to download a spreadsheet with an example Total Debt calculation for Plug Power Inc below:

Sector Benchmark Analysis

Sector
Industry Group
Industry
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0 K3 B6 B11.386 B5001,5002,500

The chart above depicts the distribution of total debt for companies operating in the Industrials sector in the Developed economic region. Over 3,600 companies were considered in this analysis, and 3,537 had meaningful values. The average total debt of companies in the sector is 480.6 M with a standard deviation of 1.347 B.

Plug Power Inc's Total Debt of 1.041 B ranks in the 88.5% percentile for the sector. The following table provides additional summary stats:

Total Debt In The Industrials Sector
Economic Risk RegionDeveloped
Total Constituents3,608
Included Constituents3,537
Min0 K
Max11.382 B
Median23.888 M
Mean480.6 M
Standard Deviation1.347 B

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