Innergex Renewable Energy Inc. (INE) - Cash Flow Conversion Efficiency
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. Review INE financial flexibility index to assess the company's free cash flow relative to its total liabilities.
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. Also see Innergex Renewable Energy Inc. market cap and net worth for the company's overall valuation and market capitalisation.
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 |
|---|---|
|
Energi Mega Persada Tbk
JK:ENRG
|
0.094x |
|
Entra ASA
OL:ENTRA
|
0.054x |
|
Changshu Tianyin Electromechan
SHE:300342
|
0.028x |
|
Castrol India Limited
NSE:CASTROLIND
|
0.356x |
|
FAIRFAX INDIA HLDGS
F:F5X
|
0.007x |
|
WeRide Inc. American Depositary Shares
NASDAQ:WRD
|
0.022x |
|
Chongqing Sanfeng Environment Group Corp Ltd
SHG:601827
|
0.081x |
|
MVV Energie AG
F:MVV1
|
-0.071x |
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. View latest Innergex Renewable Energy Inc. stock price today for real-time trading data and today's change.
| 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.
Innergex Renewable Energy Inc. operates as an independent renewable power producer in Canada, the United States, France, and Chile. It operates through three segments: Hydroelectric, Wind, and Solar and Storage. The company acquires, owns, develops, and operates renewable power-generating and energy storage facilities primarily in hydroelectric, wind, and solar power sectors. As of February 21, 2… Read more