Boralex Inc (BLX) - Cash Flow Conversion Efficiency
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 Boralex Inc balance sheet quality to measure how much of total assets are equity-financed.
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. Check Boralex Inc cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Delek Logistics Partners LP
NYSE:DKL
|
-8.454x |
|
Anhui Expressway Co Ltd
SHG:600012
|
0.072x |
|
Bird Construction Inc.
TO:BDT
|
0.014x |
|
Hand Enterprise Solutions Co
SHE:300170
|
-0.011x |
|
CCC Intelligent Solutions Holdings Inc.
NASDAQ:CCC
|
0.033x |
|
Mandatum Oyj
HE:MANTA
|
0.143x |
|
Remitly Global Inc
NASDAQ:RELY
|
0.002x |
|
Shanghai AtHub Co Ltd
SHG:603881
|
0.115x |
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 BLX company net worth.
| 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
Boralex Inc., together with its subsidiaries, engages in the developing, building, and operating power generating and storage facilities in Canada, France, and the United States. It generates electricity from wind, solar, and hydroelectric resources. As of December 31, 2024, the company operates 103 wind farms; 13 solar energy facilities; 15 hydroelectric power stations; and 2 storage units with … Read more