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. See net asset quality index of Innergex Renewable Energy Inc. to measure how much of total assets are equity-financed.
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. Check cash flow quality index of Innergex Renewable Energy Inc. to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Aurinia Pharmaceuticals Inc
NASDAQ:AUPH
|
0.057x |
|
Aluar Aluminio Argentino
BA:ALUA
|
0.051x |
|
Cisarua Mountain Dairy Tbk PT
JK:CMRY
|
0.082x |
|
Progyny Inc
NASDAQ:PGNY
|
0.105x |
|
McGraw Hill, Inc.
NYSE:MH
|
0.398x |
|
MVV Energie AG
F:MVV1
|
-0.071x |
|
Kangwon Land
KO:035250
|
0.030x |
|
Shanghai Zhenhua Heavy Industries Co Ltd A
SHG:600320
|
-0.034x |
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 Innergex Renewable Energy Inc. market cap and net worth.
| 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