What is the equity of Plug Power this year?
Plug Power has equity of 2.9 B USD this year.
Plug Power Equity 2024
Plug Power Equity
2.9 B USD
Plug Power Dividend yield
Ticker
PLUG
ISIN
US72919P2020
WKN
A1JA81
In 2024, Plug Power's equity was 2.9 B USD, a -28.62% increase from the 4.06 B USD equity 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.Equity Details
Analyzing Plug Power's Equity
Plug Power's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Plug Power's equity is essential for assessing its financial health, stability, and value to shareholders.
Year-to-Year Comparison
Evaluating Plug Power's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.
Impact on Investments
Plug Power's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.
Interpreting Equity Fluctuations
Fluctuations in Plug Power’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.
Frequently Asked Questions about Plug Power Stock
What was the equity of Plug Power compared to the previous year?
The equity of Plug Power has increased/decreased by -28.62% decreased compared to the previous year.
What impact does a high equity have on investors of Plug Power?
A high equity is advantageous for investors of Plug Power as it is an indicator of the company's financial stability and its ability to manage risks and challenges.
What impact does low equity have on investors of Plug Power?
A low equity can be a risk for investors of Plug Power, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.
How does an increase in equity of Plug Power affect the company?
An increase in equity of Plug Power can strengthen the company's financial position and improve its ability to make investments in the future.
How does a reduction in the equity of Plug Power affect the company?
A reduction in equity of Plug Power can affect the financial situation of the company and lead to a higher dependence on debt capital.
What are some factors that influence the equity of Plug Power?
Some factors that can affect the equity of Plug Power include profits, dividend payments, capital increases, and acquisitions.
Why is the equity of Plug Power so important for investors?
The equity of Plug Power is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.
What strategic measures can Plug Power take to change the equity?
To change equity, Plug Power can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.
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 5/4/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 5/4/2024.
When did Plug Power pay the last dividend?
The last dividend was paid out on 5/4/2024.
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.
