Boralex Inc (BLX) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.019x

Based on the latest financial reports, Boralex Inc (BLX) has a cash flow conversion efficiency ratio of 0.019x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CA$37.00 Million ≈ $26.77 Million USD) by net assets (CA$1.96 Billion ≈ $1.42 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See how many days can Boralex Inc fund operations to measure how many days the company can operate on defensive assets alone.

Boralex Inc - Cash Flow Conversion Efficiency Trend (1999–2024)

This chart illustrates how Boralex Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Boralex Inc Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Boralex Inc ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Siriuspoint Ltd NYSE:SPNT	-0.012x
Wuhan PS Information Tech SHE:300184	0.010x
Piramal Enterprises Limited NSE:PEL	-0.299x
ACC Limited NSE:ACC	-0.111x
CCC Intelligent Solutions Holdings Inc. NASDAQ:CCC	0.033x
Remitly Global Inc NASDAQ:RELY	0.002x
Hesai Group Sponsored ADR NASDAQ:HSAI	-0.004x
Four Corners Property Trust Inc NYSE:FCPT	0.028x

Annual Cash Flow Conversion Efficiency for Boralex Inc (1999–2024)

The table below shows the annual cash flow conversion efficiency of Boralex Inc from 1999 to 2024. For the full company profile with market capitalisation and key ratios, see market value of Boralex Inc.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CA$2.02 Billion ≈ $1.46 Billion	CA$215.00 Million ≈ $155.53 Million	0.106x	-56.67%
2023-12-31	CA$2.02 Billion ≈ $1.46 Billion	CA$496.00 Million ≈ $358.80 Million	0.245x	-3.22%
2022-12-31	CA$2.03 Billion ≈ $1.47 Billion	CA$513.00 Million ≈ $371.10 Million	0.253x	-11.12%
2021-12-31	CA$1.21 Billion ≈ $876.02 Million	CA$345.00 Million ≈ $249.57 Million	0.285x	-22.01%
2020-12-31	CA$991.00 Million ≈ $716.87 Million	CA$362.00 Million ≈ $261.87 Million	0.365x	+8.72%
2019-12-31	CA$875.00 Million ≈ $632.96 Million	CA$294.00 Million ≈ $212.68 Million	0.336x	+49.87%
2018-12-31	CA$901.00 Million ≈ $651.77 Million	CA$202.00 Million ≈ $146.12 Million	0.224x	+12.72%
2017-12-31	CA$729.00 Million ≈ $527.35 Million	CA$145.00 Million ≈ $104.89 Million	0.199x	-30.92%
2016-12-31	CA$514.00 Million ≈ $371.82 Million	CA$148.00 Million ≈ $107.06 Million	0.288x	+39.60%
2015-12-31	CA$552.70 Million ≈ $399.81 Million	CA$114.00 Million ≈ $82.47 Million	0.206x	+34.28%
2014-12-31	CA$336.32 Million ≈ $243.29 Million	CA$51.66 Million ≈ $37.37 Million	0.154x	+0.08%
2013-12-31	CA$386.13 Million ≈ $279.32 Million	CA$59.27 Million ≈ $42.87 Million	0.153x	+10.87%
2012-12-31	CA$342.37 Million ≈ $247.66 Million	CA$47.40 Million ≈ $34.29 Million	0.138x	-31.15%
2011-12-31	CA$328.88 Million ≈ $237.91 Million	CA$66.13 Million ≈ $47.84 Million	0.201x	+63.90%
2010-12-31	CA$374.70 Million ≈ $271.05 Million	CA$45.97 Million ≈ $33.25 Million	0.123x	-29.95%
2009-12-31	CA$347.06 Million ≈ $251.06 Million	CA$60.79 Million ≈ $43.97 Million	0.175x	+17.44%
2008-12-31	CA$363.89 Million ≈ $263.23 Million	CA$54.27 Million ≈ $39.26 Million	0.149x	+21.40%
2007-12-31	CA$285.38 Million ≈ $206.44 Million	CA$35.06 Million ≈ $25.36 Million	0.123x	+64.03%
2006-12-31	CA$184.33 Million ≈ $133.34 Million	CA$13.80 Million ≈ $9.99 Million	0.075x	-35.53%
2005-12-31	CA$166.25 Million ≈ $120.26 Million	CA$19.31 Million ≈ $13.97 Million	0.116x	+7.04%
2004-12-31	CA$152.17 Million ≈ $110.08 Million	CA$16.51 Million ≈ $11.95 Million	0.109x	+243.57%
2003-12-31	CA$165.63 Million ≈ $119.81 Million	CA$-12.52 Million ≈ $-9.06 Million	-0.076x	-251.25%
2002-12-31	CA$192.45 Million ≈ $139.22 Million	CA$9.62 Million ≈ $6.96 Million	0.050x	-57.37%
2001-12-31	CA$129.83 Million ≈ $93.92 Million	CA$15.22 Million ≈ $11.01 Million	0.117x	-60.25%
2000-12-31	CA$58.61 Million ≈ $42.40 Million	CA$17.29 Million ≈ $12.51 Million	0.295x	+1.53%
1999-12-31	CA$50.80 Million ≈ $36.75 Million	CA$14.76 Million ≈ $10.68 Million	0.291x	--

About Boralex Inc

TO:BLX Canada Utilities - Renewable

Market Cap

$2.74 Billion

CA$3.79 Billion CAD

Market Cap Rank

#5307 Global

#179 in Canada

Share Price

CA$36.85

Change (1 day)

-0.03%

52-Week Range

CA$23.88 - CA$37.00

All Time High

CA$51.48