Boralex Inc (BLX) — Cash Flow Quality Index
Latest as of March 2025:
4.20x
Boralex Inc (BLX) has a Cash Flow Quality Index of 4.20x as of March 2025. Operating cash flow of CA$172.00 Million exceeds net income of CA$41.00 Million, indicating high earnings quality where cash backs reported profits. Explore Boralex Inc debt service capacity to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
4.20x
Operating CF / Net Income
Operating Cash Flow
CA$172.00 Million
CAD
Net Income
CA$41.00 Million
CAD
Data as of
Mar 2025
Most recent filing
Boralex Inc Cash Flow Quality Index (1999–2024)
Historical Cash Flow Quality Index for Boralex Inc across 17 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see BLX operating cash flow.
Annual Cash Flow Quality Index for Boralex Inc (1999–2024)
Year-by-year earnings quality comparison for Boralex Inc.
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 2.91x | CA$215.00 Million | CA$74.00 Million | ▼ -54.3% |
| 2023 | 6.36x | CA$496.00 Million | CA$78.00 Million | ▼ -90.1% |
| 2022 | 64.13x | CA$513.00 Million | CA$8.00 Million | ▲ +383.3% |
| 2021 | 13.27x | CA$345.00 Million | CA$26.00 Million | ▲ +123.6% |
| 2020 | 5.93x | CA$362.00 Million | CA$61.00 Million | ▼ -59.1% |
| 2017 | 14.50x | CA$145.00 Million | CA$10.00 Million | ▼ -80.4% |
| 2016 | 74.00x | CA$148.00 Million | CA$2.00 Million | ▲ +3669.1% |
| 2010 | 1.96x | CA$45.97 Million | CA$23.41 Million | ▼ -21.1% |
| 2009 | 2.49x | CA$60.79 Million | CA$24.44 Million | ▼ -6.5% |
| 2008 | 2.66x | CA$54.27 Million | CA$20.40 Million | ▲ +63.5% |
| 2007 | 1.63x | CA$35.06 Million | CA$21.55 Million | ▲ +77.0% |
| 2006 | 0.92x | CA$13.80 Million | CA$15.02 Million | ▲ +0.4% |
| 2005 | 0.92x | CA$19.31 Million | CA$21.09 Million | ▲ +490.8% |
| 2002 | 0.16x | CA$9.62 Million | CA$62.05 Million | ▼ -92.0% |
| 2001 | 1.93x | CA$15.22 Million | CA$7.88 Million | ▼ -26.0% |
| 2000 | 2.61x | CA$17.29 Million | CA$6.63 Million | ▼ -7.3% |
| 1999 | 2.82x | CA$14.76 Million | CA$5.24 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.