Plug Power Inc.

Plug Power Inc.verified

PLUG

Price:

$1.61

Market Cap:

$1.42B

Plug Power Inc. delivers end-to-end clean hydrogen and zero-emissions fuel cell solutions for supply chain and logistics applications, on-road electric vehicles, stationary power market, and others in North America and internationally. It engages in building an end-to-end green hydrogen ecosystem, including green hydrogen production, storage and delivery, and energy generation through mobile or stationary applications. The company provides proton exchange membrane (PEM), fuel cell and fuel processing technologies, and fuel cell/battery hybrid technologies, as well as related hydrogen and green hydrogen generation, storage, and dispensing infrastructure. The company offers GenDrive, a hydroge...[Read more]

Industry

Electrical Equipment & Parts

IPO Date

1999-10-29

Stock Exchange

NASDAQ

Ticker

PLUG

The Current Ratio as of September 2024 (TTM) for Plug Power Inc. (PLUG) is 2.07

According to Plug Power Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.07. This represents a change of -0.00% compared to the average of 2.07 of the last 4 quarters.

Plug Power Inc. (PLUG) Historical Current Ratio (quarterly & annually)

How has PLUG Current Ratio performed in the past?

The mean historical Current Ratio of Plug Power Inc. over the last ten years is 4.08. The current 2.07 Current Ratio has changed 4.96% with respect to the historical average. Over the past ten years (40 quarters), PLUG's Current Ratio was at its highest in in the March 2021 quarter at 26.57. The Current Ratio was at its lowest in in the December 2017 quarter at 1.03.

Quarterly (TTM)
Annual

Average

4.08

Median

2.58

Minimum

1.03

Maximum

10.58

Plug Power Inc. (PLUG) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Plug Power Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 298.50%

Maximum Annual Current Ratio = 10.58

Minimum Annual Increase = -64.40%

Minimum Annual Current Ratio = 1.03

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.85-64.40%
20225.20-50.81%
202110.5855.74%
20206.79226.85%
20192.0895.45%
20181.062.86%
20171.03-38.05%
20161.67-45.70%
20153.07-59.02%
20147.50298.50%

Plug Power Inc. (PLUG) Average Current Ratio

How has PLUG Current Ratio performed in the past?

The current Current Ratio of Plug Power Inc. (PLUG) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

5.88

5-year avg

5.30

10-year avg

4.08

Plug Power Inc. (PLUG) Current Ratio vs. Peers

How is PLUG’s Current Ratio compared to its peers?

Plug Power Inc.’s Current Ratio is less than Bloom Energy Corporation (4.52), greater than Microvast Holdings, Inc. (1.12), less than Solid Power, Inc. (7.01), greater than CBAK Energy Technology, Inc. (0.85), less than FuelCell Energy, Inc. (6.91), less than FREYR Battery (6.63), less than Enovix Corporation (8.52), less than Eos Energy Enterprises, Inc. (2.68), greater than Dragonfly Energy Holdings Corp. (0.90),

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