Boralex Inc (BLX) — Capital Reinvestment Ratio
Boralex Inc (BLX) has a Capital Reinvestment Ratio of 2.08x as of September 2025, meaning it reinvests 2% of its operating cash flow (CA$37.00 Million) in capital expenditures (CA$77.00 Million). Check how tangible is Boralex Inc's equity to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Boralex Inc Capital Reinvestment Ratio (1999–2024)
This chart tracks Boralex Inc's Capital Reinvestment Ratio across 25 annual periods. For the full cash flow conversion analysis, see how efficiently does Boralex Inc generate cash.
Annual Capital Reinvestment Ratio for Boralex Inc (1999–2024)
Year-by-year Capital Reinvestment Ratio for Boralex Inc from 1999 to 2024. See BLX cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CAD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 2.10x | CA$215.00 Million | CA$452.00 Million | ▲ +272.4% |
| 2023 | 0.56x | CA$496.00 Million | CA$280.00 Million | ▲ +13.1% |
| 2022 | 0.50x | CA$513.00 Million | CA$256.00 Million | ▼ -3.8% |
| 2021 | 0.52x | CA$345.00 Million | CA$179.00 Million | ▲ +20.4% |
| 2020 | 0.43x | CA$362.00 Million | CA$156.00 Million | ▼ -28.4% |
| 2019 | 0.60x | CA$294.00 Million | CA$177.00 Million | ▼ -56.9% |
| 2018 | 1.40x | CA$202.00 Million | CA$282.00 Million | ▼ -25.3% |
| 2017 | 1.87x | CA$145.00 Million | CA$271.00 Million | ▲ +8.5% |
| 2016 | 1.72x | CA$148.00 Million | CA$255.00 Million | ▼ -41.2% |
| 2015 | 2.93x | CA$114.00 Million | CA$333.91 Million | ▼ -13.3% |
| 2014 | 3.38x | CA$51.66 Million | CA$174.57 Million | ▲ +71.0% |
| 2013 | 1.98x | CA$59.27 Million | CA$117.14 Million | ▲ +475.0% |
| 2012 | 0.34x | CA$47.40 Million | CA$16.29 Million | ▼ -36.9% |
| 2011 | 0.54x | CA$66.13 Million | CA$36.04 Million | ▼ -86.7% |
| 2010 | 4.11x | CA$45.97 Million | CA$189.04 Million | ▲ +163.5% |
| 2009 | 1.56x | CA$60.79 Million | CA$94.87 Million | ▲ +68.7% |
| 2008 | 0.92x | CA$54.27 Million | CA$50.19 Million | ▲ +44.3% |
| 2007 | 0.64x | CA$35.06 Million | CA$22.48 Million | ▼ -53.9% |
| 2006 | 1.39x | CA$13.80 Million | CA$19.20 Million | ▼ -80.2% |
| 2005 | 7.03x | CA$19.31 Million | CA$135.75 Million | ▲ +180.5% |
| 2004 | 2.51x | CA$16.51 Million | CA$41.38 Million | ▼ -27.4% |
| 2002 | 3.45x | CA$9.62 Million | CA$33.22 Million | ▲ +35.6% |
| 2001 | 2.55x | CA$15.22 Million | CA$38.78 Million | ▲ +203.4% |
| 2000 | 0.84x | CA$17.29 Million | CA$14.52 Million | ▲ +10.6% |
| 1999 | 0.76x | CA$14.76 Million | CA$11.20 Million | — |