Plug Power Inc financial data

Symbol
PLUG on Nasdaq
Industry
Electrical Industrial Apparatus
Location
125 Vista Boulevard, Slingerlands, New York
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 9, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 231 % -60.8%
Quick Ratio 106 % +5.14%
Debt-to-equity 59 % +50.8%
Return On Equity -44.6 % -138%
Return On Assets -28.1 % -109%
Operating Margin -174 % -78.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 684 M shares +14%
Common Stock, Shares, Outstanding 590 M shares +2.2%
Entity Public Float 4.56 B USD -33.3%
Common Stock, Value, Issued 7.06 M USD +15.3%
Weighted Average Number of Shares Outstanding, Basic 641 M shares +8.83%
Weighted Average Number of Shares Outstanding, Diluted 641 M shares +8.83%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 801 M USD +3.94%
Cost of Revenue 1.4 B USD +40%
Research and Development Expense 112 M USD +6.47%
Operating Income (Loss) -1.39 B USD -85.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -1.46 B USD -89.1%
Income Tax Expense (Benefit) -5.93 M USD -34788%
Net Income (Loss) Attributable to Parent -1.46 B USD -88.4%
Earnings Per Share, Basic -2.41 USD/shares -81.2%
Earnings Per Share, Diluted -2.41 USD/shares -81.2%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 173 M USD -63.6%
Accounts Receivable, after Allowance for Credit Loss, Current 149 M USD +16.5%
Inventory, Net 976 M USD +25.8%
Assets, Current 1.77 B USD -40.7%
Property, Plant and Equipment, Net 1.45 B USD +66.2%
Operating Lease, Right-of-Use Asset 389 M USD +4.77%
Intangible Assets, Net (Excluding Goodwill) 183 M USD -10%
Goodwill 0 USD -100%
Assets 4.85 B USD -14.3%
Accounts Payable, Current 286 M USD +51.8%
Accrued Liabilities, Current 155 M USD -7.71%
Liabilities, Current 911 M USD +34.5%
Contract with Customer, Liability, Noncurrent 98.1 M USD +47%
Operating Lease, Liability, Noncurrent 278 M USD +1.19%
Other Liabilities, Noncurrent 144 M USD -20.4%
Liabilities 1.92 B USD +10.7%
Accumulated Other Comprehensive Income (Loss), Net of Tax -9.08 M USD +52.3%
Retained Earnings (Accumulated Deficit) -4.79 B USD -43.8%
Stockholders' Equity Attributable to Parent 2.93 B USD -25.3%
Liabilities and Equity 4.85 B USD -14.3%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -168 M USD +39.4%
Net Cash Provided by (Used in) Financing Activities 283 M USD +3842%
Net Cash Provided by (Used in) Investing Activities -121 M USD -226%
Common Stock, Shares Authorized 1.5 B shares 0%
Common Stock, Shares, Issued 706 M shares +15.3%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 37.8 M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.17 B USD -14.9%
Interest Paid, Excluding Capitalized Interest, Operating Activities 9.11 M USD +15.8%
Deferred Tax Assets, Valuation Allowance 696 M USD +59.1%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Cash and Cash Equivalents, Period Increase (Decrease) 14.3 M USD -99.5%
Deferred Tax Assets, Gross 788 M USD +45.5%
Operating Lease, Liability 343 M USD +4.78%
Depreciation 16.6 M USD +69.6%
Payments to Acquire Property, Plant, and Equipment 92.6 M USD -45.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -1.45 B USD -86.9%
Lessee, Operating Lease, Liability, to be Paid 526 M USD +13.8%
Property, Plant and Equipment, Gross 1.55 B USD +67%
Operating Lease, Liability, Current 65.3 M USD +23.4%
Lessee, Operating Lease, Liability, to be Paid, Year Two 86 M USD +5.96%
Lessee, Operating Lease, Liability, to be Paid, Year One 72.6 M USD -15.5%
Operating Lease, Weighted Average Discount Rate, Percent 0.12 pure 0%
Deferred Income Tax Expense (Benefit) -103 M USD -189%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 183 M USD +35.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three 94.8 M USD +33.4%
Deferred Tax Assets, Operating Loss Carryforwards 469 M USD +53.6%
Current Income Tax Expense (Benefit) 1.17 M USD +75.2%
Preferred Stock, Shares Authorized 5 M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 74.7 M USD +31.1%
Operating Lease, Payments 25 M USD +15.3%
Additional Paid in Capital 7.82 B USD +6.28%
Amortization of Intangible Assets 18.9 M USD -10%
Deferred Tax Assets, Net of Valuation Allowance 92.2 M USD -11.8%
Share-based Payment Arrangement, Expense 10.4 M USD -74.2%
Interest Expense 45.9 M USD +11.8%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%