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.
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. Read BLX liabilities breakdown for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Exxaro Resources Ltd
JSE:EXX
|
0.081x |
|
Zibo Qixiang Tengda Chemical Co Ltd
SHE:002408
|
0.009x |
|
Piramal Enterprises Limited
NSE:PEL
|
-0.299x |
|
Yipinhong Pharmaceutical Co Ltd Class A
SHE:300723
|
0.008x |
|
Gerdau S.A
SA:GGBR3
|
0.053x |
|
Union Bank of Taiwan
TW:2838
|
-0.099x |
|
Remitly Global Inc
NASDAQ:RELY
|
0.002x |
|
Emerald Resources NL
AU:EMR
|
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
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