Ballard Power Systems (BLDP) Interest Coverage Ratio (2010 - 2026)
Ballard Power Systems' (BLDP) quarterly Interest Coverage Ratio came in at 40.0 in Q2 2026, down 40.35% year-over-year from 67.07 in Q2 2025, and up 29.26% quarter-over-quarter from 30.95 in Q1 2026.
Analysis
Ballard Power Systems (BLDP) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Ballard Power Systems (BLDP) has reported Interest Coverage Ratio for 17 consecutive years, with 40.0 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Interest Coverage Ratio fell 40.35% year-over-year to 40.0 in Q2 2026; TTM through Jun 2026 was 82.97, a 46.23% decrease from a year earlier, with the FY2025 full-year figure at 54.31, down 36.42% from the prior year.
- Interest Coverage Ratio was 40.0 for Q2 2026 at Ballard Power Systems, up from 30.95 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 146.47 in Q1 2023 and troughed at 167.18 in Q4 2023.
- A 5-year average of 21.67 and a median of 61.76 in 2025 frame the typical range for Interest Coverage Ratio.
- Across the five-year window, Interest Coverage Ratio sank 288.06% in 2022 and surged 193.74% in 2023, its largest moves.
- Over 5 years, Interest Coverage Ratio stood at 97.95 in 2022, then sank by 70.68% to 167.18 in 2023, then surged by 59.62% to 67.51 in 2024, then jumped by 63.01% to 24.97 in 2025, then surged by 260.2% to 40.0 in 2026.
- The last three Interest Coverage Ratio figures came in at 40.0 (Q2 2026), 30.95 (Q1 2026), and 24.97 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Bloom Energy | 74.04 Bn | 71.37 Bn | 355.57 Mn | 20.46 |
| 2 | Fuelcell Energy | 33.44 Bn | 32.78 Bn | -24.50 Mn | -16.07 |
| 3 | Ballard Power Systems | 667.85 Mn | 162.70 Mn | 4.08 Mn | -40.00 |
| 4 | Sunhydrogen | 89.43 Mn | 89.43 Mn | -45,724.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.00 |
| Mar 31, 2026 | 30.95 |
| Dec 31, 2025 | -24.97 |
| Sep 30, 2025 | 66.08 |
| Jun 30, 2025 | 67.07 |
| Mar 31, 2025 | 57.43 |
| Dec 31, 2024 | -67.51 |
| Sep 30, 2024 | 107.65 |
| Jun 30, 2024 | 70.09 |
| Mar 31, 2024 | 98.55 |
| Dec 31, 2023 | -167.18 |
| Sep 30, 2023 | 129.50 |
| Jun 30, 2023 | -147.93 |
| Mar 31, 2023 | 146.47 |
| Dec 31, 2022 | -97.95 |
| Sep 30, 2022 | -138.15 |
| Jun 30, 2022 | 132.03 |
| Mar 31, 2022 | 87.95 |
| Dec 31, 2021 | -87.98 |
| Sep 30, 2021 | 73.46 |