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. Also see Innergex Renewable Energy Inc. stock valuation for the company's overall valuation and market capitalisation.
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. View INE share price today for real-time trading data and today's change.
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. Review Innergex Renewable Energy Inc. (INE) free cash flow to assess how much free cash flow the company generates relative to operating cash flow.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Signify N.V.
AS:LIGHT
|
0.106x |
|
Chalet Hotels Limited
NSE:CHALET
|
0.125x |
|
Vincom Retail JSC
VN:VRE
|
-0.005x |
|
Shenzhen Airport Co Ltd
SHE:000089
|
0.035x |
|
EIH Limited
NSE:EIHOTEL
|
0.054x |
|
Southchip Semiconductor Technology (Shanghai) Co. Ltd. A
SHG:688484
|
-0.024x |
|
MVV Energie AG
F:MVV1
|
-0.071x |
|
Mirae Asset Life Insurance Co Ltd
KO:085620
|
0.219x |
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. Also see INE asset base for a full breakdown of the balance sheet.
| 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