Innergex Renewable Energy Inc. (INE) - Cash Flow Conversion Efficiency

Latest as of March 2025: 0.062x

Based on the latest financial reports, Innergex Renewable Energy Inc. (INE) has a cash flow conversion efficiency ratio of 0.062x as of March 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$67.88 Million ≈ $49.11 Million USD) by net assets (CA$1.10 Billion ≈ $792.30 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Innergex Renewable Energy Inc. - Cash Flow Conversion Efficiency Trend (2006–2024)

This chart illustrates how Innergex Renewable Energy Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Innergex Renewable Energy Inc. debt and liabilities for a breakdown of total debt and financial obligations.

Innergex Renewable Energy Inc. Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Innergex Renewable Energy Inc. ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Chongqing Fuling Zhacai Group Co Ltd SHE:002507	0.042x
Baoding Heavy Industry Co Ltd SHE:002552	0.122x
Sinosoft Co Ltd SHG:603927	-0.043x
Wuxi Best Precision Machinery Co Ltd SHE:300580	0.036x
HHC Changzhou Corp. SHE:301061	N/A
MVV Energie AG F:MVV1	-0.071x
Gränges AB (publ) ST:GRNG	-0.026x
Chengzhi Shareholding Co Ltd SHE:000990	0.016x

Annual Cash Flow Conversion Efficiency for Innergex Renewable Energy Inc. (2006–2024)

The table below shows the annual cash flow conversion efficiency of Innergex Renewable Energy Inc. from 2006 to 2024. For the full company profile with market capitalisation and key ratios, see market value of Innergex Renewable Energy Inc..

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CA$1.52 Billion ≈ $1.10 Billion	CA$292.17 Million ≈ $211.35 Million	0.192x	-22.15%
2023-12-31	CA$1.21 Billion ≈ $871.92 Million	CA$297.85 Million ≈ $215.46 Million	0.247x	-14.63%
2022-12-31	CA$1.49 Billion ≈ $1.08 Billion	CA$430.24 Million ≈ $311.23 Million	0.289x	+48.34%
2021-12-31	CA$1.36 Billion ≈ $984.30 Million	CA$265.50 Million ≈ $192.06 Million	0.195x	-11.12%
2020-12-31	CA$1.07 Billion ≈ $774.70 Million	CA$235.11 Million ≈ $170.07 Million	0.220x	-43.73%
2019-12-31	CA$615.33 Million ≈ $445.12 Million	CA$240.06 Million ≈ $173.66 Million	0.390x	+78.79%
2018-12-31	CA$959.56 Million ≈ $694.13 Million	CA$209.39 Million ≈ $151.47 Million	0.218x	-48.95%
2017-12-31	CA$450.19 Million ≈ $325.66 Million	CA$192.45 Million ≈ $139.22 Million	0.427x	+170.26%
2016-12-31	CA$485.23 Million ≈ $351.01 Million	CA$76.75 Million ≈ $55.52 Million	0.158x	+1536.82%
2015-12-31	CA$471.56 Million ≈ $341.12 Million	CA$4.56 Million ≈ $3.30 Million	0.010x	-93.80%
2014-12-31	CA$562.23 Million ≈ $406.70 Million	CA$87.67 Million ≈ $63.42 Million	0.156x	-15.09%
2013-12-31	CA$665.93 Million ≈ $481.73 Million	CA$122.29 Million ≈ $88.46 Million	0.184x	+103.16%
2012-12-31	CA$687.93 Million ≈ $497.64 Million	CA$62.18 Million ≈ $44.98 Million	0.090x	+20.49%
2011-12-31	CA$579.12 Million ≈ $418.92 Million	CA$43.45 Million ≈ $31.43 Million	0.075x	+11.57%
2010-12-31	CA$347.35 Million ≈ $251.26 Million	CA$23.36 Million ≈ $16.90 Million	0.067x	-46.30%
2009-12-31	CA$183.27 Million ≈ $132.57 Million	CA$22.95 Million ≈ $16.60 Million	0.125x	+317.34%
2008-12-31	CA$200.48 Million ≈ $145.03 Million	CA$-11.55 Million ≈ $-8.36 Million	-0.058x	-310.96%
2007-12-31	CA$230.54 Million ≈ $166.77 Million	CA$6.30 Million ≈ $4.55 Million	0.027x	-76.12%
2006-12-31	CA$1.81 Million ≈ $1.31 Million	CA$206.97K ≈ $149.72K	0.114x	--

About Innergex Renewable Energy Inc.

TO:INE Canada Utilities - Renewable

Market Cap

$2.01 Billion

CA$2.77 Billion CAD

Market Cap Rank

#6348 Global

#205 in Canada

Share Price

CA$13.74

Change (1 day)

+0.00%

52-Week Range

CA$13.63 - CA$13.82

All Time High

CA$27.18