Innergex Renewable Energy Inc. (INE) — Cash Flow Quality Index
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 INE operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
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. For the full cash flow conversion analysis, see how efficiently does Innergex Renewable Energy Inc. generate cash.
Annual Cash Flow Quality Index for Innergex Renewable Energy Inc. (2006–2024)
Year-by-year earnings quality comparison for Innergex Renewable Energy Inc..
| 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 | — |