Plug Power

PLUG Clean Energy & EV 1/10 Low Risk
1/10
Sector avg: 3.1/10

Plug Power carries $4M in long-term debt, with $3M in scheduled principal maturities. Near-term pressure is acute: $2M (70% of all maturities) comes due within 24 months. PLUG shows a strong cash position ($369M) that could cover most of its debt obligations. DebtCanary scores PLUG at 1/10, suggesting manageable refinancing risk.

Maturity Schedule

Year 1 $1M Year 2 $900,000 Year 3 $900,000 Year 4 $0 Year 5 $0 Beyond 5 $0
Period Amount Due % of Total
Year 1 (0-12 months) $1M 40.0%
Year 2 (12-24 months) $900,000 30.0%
Year 3 (24-36 months) $900,000 30.0%
Year 4 (36-48 months) N/A N/A
Year 5 (48-60 months) N/A N/A
Beyond 5 Years N/A N/A
Total Scheduled Maturities $3M 100.0%

Key Metrics

Total Long-Term Debt
$4M
Near-Term (12mo)
$1M
Interest Coverage
N/A
Debt/Equity
N/A
Cash Coverage
N/A
Operating Income
$1.5B

Score Components

Component Value Weight
Near-Term Maturity Concentration N/A 30%
Interest Coverage Ratio N/A 25%
Debt-to-Equity Ratio N/A 25%
Cash Coverage of Near-Term Debt N/A 20%

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Data Source: Financial data sourced from SEC EDGAR XBRL filings (10-K annual reports). Fiscal period end: 2025-12-31. Filing date: 2026-03-02. Data last fetched: 2026-03-29. Maturity schedules reflect the company's most recently reported debt repayment obligations. Data quality: Limited.
View SEC EDGAR filings for Plug Power →