What is the debt of Plug Power this year?
Plug Power has a debt level of 478.12 USD this year.
Plug Power Debt 2024
Plug Power Debt
478.12 USD
Plug Power Dividend yield
Ticker
PLUG
ISIN
US72919P2020
WKN
A1JA81
In 2024, Plug Power's total debt was 478.12 USD, a -525.88% change from the -112.27 USD total debt recorded in the previous year.
Plug Power Aktienanalyse
What does Plug Power do?
Plug Power Inc. is an American company that specializes in the development and production of fuel cells. The company was founded in 1997 in Latham, New York, and has since relocated its headquarters to the same location. Plug Power's history began in 1999 with the introduction of the first portable fuel cell system. In 2002, the company then introduced the first fuel cell system for forklifts. This system quickly gained popularity among companies seeking an environmentally friendly and efficient solution for their forklift fleet. Since then, the company has continuously expanded its product range and now also offers fuel cell systems for other applications such as trucks, drones, and stationary power generation. Plug Power's business model is based on the idea of offering a green, sustainable alternative to conventional energy sources. Fuel cell systems produce electricity through a chemical reaction between hydrogen and oxygen, with electrical energy and pure water as byproducts. Compared to fossil fuels such as coal or petroleum, fuel cell technology is much more energy efficient, as it practically has no losses due to friction or heat development. One of Plug Power's most important divisions is the manufacturing of fuel cell systems for forklifts. The company has achieved a leading market position in this area and is able to serve a wide variety of forklift models with different performance requirements. The advantages of Plug Power's fuel cell systems for forklifts are clear: forklifts powered by fuel cells have longer operating times, require less maintenance, can be refueled quickly and safely, and do not produce harmful emissions. Another important division of Plug Power is the development of fuel cell systems for trucks. Large trucks are responsible for a large portion of emissions in the transportation sector, and Plug Power sees great potential for its fuel cell technology in this area. The company has already formed partnerships with major truck manufacturers such as Volvo and Renault Trucks and is working on developing fuel cell systems for all types of commercial vehicles. In addition to forklifts and trucks, Plug Power also offers fuel cell systems for drones and stationary applications. In both cases, the focus is on offering an efficient and environmentally friendly alternative to conventional power sources. Fuel cells for drones enable longer flight times and greater payloads, while fuel cells for stationary applications provide reliable power supply for buildings and infrastructure. Plug Power's flagship product is the GenDrive fuel cell system for forklifts. This system consists of a fuel cell, a hydrogen tank, and a control unit, replacing the conventional battery drive of forklifts. GenDrive customers can benefit from higher efficiency, lower operating costs, and improved environmental performance. Overall, Plug Power has developed a wide range of products and is a leader in the application of fuel cells in the industry. The future of the company looks promising as the demand for environmentally friendly technologies in the industry and transportation sector continues to rise. Plug Power ist eines der beliebtesten Unternehmen auf Eulerpool.com.Debt Details
Understanding Plug Power's Debt Structure
Plug Power's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Year-to-Year Comparison
Analyzing Plug Power's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Impact on Investments
Investors pay close attention to Plug Power’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Interpreting Debt Fluctuations
Shifts in Plug Power’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Frequently Asked Questions about Plug Power Stock
What was the debt of Plug Power compared to the previous year?
The debt of Plug Power has increased by -525.88% compared to the previous year dropped.
What are the consequences of high debt for investors in Plug Power?
High debt can pose a risk for investors of Plug Power, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
What are the consequences of low debt for investors of Plug Power?
Low debt means that Plug Power has a strong financial position and is able to fulfill its obligations without overburdening its finances.
How does an increase in debt from Plug Power affect the company?
An increase in debt of Plug Power can adversely affect the financial condition of the company and result in a higher burden on its finances.
How does a reduction of debt of Plug Power affect the company?
A reduction in debt of Plug Power can strengthen the company's financial position and improve its ability to meet its financial obligations.
What are some factors that influence the debt of Plug Power?
Some factors that can influence the debt of Plug Power include investments, acquisitions, operating costs, and revenue development.
Why are the debts of Plug Power so important for investors?
The debts of Plug Power are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
What strategic measures can Plug Power take to change the debt?
To change the debt, Plug Power can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
How much dividend does Plug Power pay?
Over the past 12 months, Plug Power paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Plug Power is expected to pay a dividend of 0 USD.
What is the dividend yield of Plug Power?
The current dividend yield of Plug Power is .
When does Plug Power pay dividends?
Plug Power pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Plug Power?
Plug Power paid dividends every year for the past 0 years.
What is the dividend of Plug Power?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Plug Power located?
Plug Power is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Plug Power kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Plug Power from 5/20/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 5/20/2024.
When did Plug Power pay the last dividend?
The last dividend was paid out on 5/20/2024.
What was the dividend of Plug Power in the year 2023?
In the year 2023, Plug Power distributed 0 USD as dividends.
In which currency does Plug Power pay out the dividend?
The dividends of Plug Power are distributed in USD.
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Andere Kennzahlen von Plug Power
Our stock analysis for Plug Power Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Plug Power Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
