Innergex Renewable Energy Inc. (INE) — Cash Flow Quality Index

Latest as of December 2024: 10.02x

Innergex Renewable Energy Inc. (INE) has a Cash Flow Quality Index of 10.02x as of December 2024. Operating cash flow of CA$292.17 Million exceeds net income of CA$29.16 Million, indicating high earnings quality where cash backs reported profits. Explore long-term investment intensity of Innergex Renewable Energy Inc. to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

10.02x
Operating CF / Net Income

Operating Cash Flow

CA$292.17 Million
CAD

Net Income

CA$29.16 Million
CAD

Data as of

Dec 2024
Most recent filing

Innergex Renewable Energy Inc. Cash Flow Quality Index (2006–2024)

Historical Cash Flow Quality Index for Innergex Renewable Energy Inc. across 7 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check how tangible is Innergex Renewable Energy Inc.'s equity to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Innergex Renewable Energy Inc. (2006–2024)

Year-by-year earnings quality comparison for Innergex Renewable Energy Inc.. For live market cap and the full company financial profile, see Innergex Renewable Energy Inc. (INE) market capitalisation.

Year Quality Index Operating CF (CAD) Net Income YoY Change
2024 11.03x CA$292.17 Million CA$26.49 Million ▲ +35.5%
2018 8.14x CA$209.39 Million CA$25.72 Million ▼ -16.8%
2017 9.78x CA$192.45 Million CA$19.67 Million ▲ +308.5%
2016 2.40x CA$76.75 Million CA$32.04 Million ▼ -11.0%
2013 2.69x CA$122.29 Million CA$45.43 Million ▲ +137.1%
2007 1.14x CA$6.30 Million CA$5.55 Million ▼ -2.0%
2006 1.16x CA$206.97K CA$178.76K
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.