Boralex Inc (BLX) — Defensive Interval Ratio

Latest as of September 2025: 321 days

Boralex Inc (BLX) has a Defensive Interval Ratio of 321 days as of September 2025. Defensive assets of CA$476.00 Million (cash CA$288.00 Million, short-term investments CA$-, receivables CA$188.00 Million) cover 321 days of daily cash needs of CA$1.48 Million/day. See BLX current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

321 days
Days of operational coverage

Defensive Assets

CA$476.00 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$1.48 Million
Current Liabilities ÷ 365

Current Liabilities

CA$542.00 Million
CAD

Boralex Inc Defensive Interval Ratio (1999–2024)

This chart shows how Boralex Inc's Defensive Interval Ratio has evolved across 26 annual periods from 1999 to 2024. As of September 2025, the ratio stands at 321 days, meaning defensive assets of CA$476.00 Million can fund 321 days of operations without new revenue. See BLX net asset quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Boralex Inc (1999–2024)

The table below presents the year-by-year Defensive Interval Ratio for Boralex Inc from 1999 to 2024, covering 26 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see Boralex Inc (BLX) total market value.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 328 days CA$867.00 Million CA$2.64 Million/day CA$592.00 Million CA$11.00 Million ▼ -37 days
2023 364 days CA$714.00 Million CA$1.96 Million/day CA$478.00 Million CA$- ▲ +100 days
2022 265 days CA$595.00 Million CA$2.25 Million/day CA$361.00 Million CA$0.00 ▼ -112 days
2021 376 days CA$407.00 Million CA$1.08 Million/day CA$256.00 Million CA$3.00 Million ▼ -15 days
2020 391 days CA$432.00 Million CA$1.10 Million/day CA$275.00 Million CA$0.00 ▲ +3 days
2019 388 days CA$323.00 Million CA$832.88K/day CA$153.00 Million CA$17.00 Million ▲ +194 days
2018 194 days CA$299.00 Million CA$1.55 Million/day CA$157.00 Million CA$0.00 ▼ -18 days
2017 212 days CA$249.00 Million CA$1.18 Million/day CA$115.00 Million CA$0.00 ▲ +97 days
2016 115 days CA$142.00 Million CA$1.24 Million/day CA$100.00 Million CA$1.00 Million ▲ +3 days
2015 112 days CA$85.89 Million CA$767.72K/day CA$- CA$541.00K ▲ +67 days
2014 45 days CA$32.83 Million CA$731.61K/day CA$- CA$- ▼ -51 days
2013 96 days CA$41.62 Million CA$435.03K/day CA$- CA$- ▼ -7 days
2012 103 days CA$48.60 Million CA$473.33K/day CA$- CA$3.01 Million ▼ -87 days
2011 190 days CA$52.71 Million CA$277.81K/day CA$- CA$2.21 Million ▼ -40 days
2010 230 days CA$61.19 Million CA$266.24K/day CA$- CA$769.00K ▲ +10 days
2009 220 days CA$39.63 Million CA$180.16K/day CA$- CA$- ▼ -82 days
2008 302 days CA$48.81 Million CA$161.53K/day CA$- CA$- ▲ +11 days
2007 291 days CA$39.20 Million CA$134.62K/day CA$- CA$- ▲ +137 days
2006 155 days CA$26.96 Million CA$174.32K/day CA$- CA$- ▲ +20 days
2005 135 days CA$26.01 Million CA$192.91K/day CA$- CA$- ▲ +20 days
2004 115 days CA$18.58 Million CA$162.06K/day CA$- CA$- ▼ -95 days
2003 209 days CA$15.63 Million CA$74.68K/day CA$- CA$- ▲ +55 days
2002 154 days CA$17.53 Million CA$113.87K/day CA$- CA$- ▲ +42 days
2001 112 days CA$16.06 Million CA$143.61K/day CA$- CA$- ▲ +21 days
2000 91 days CA$10.61 Million CA$116.41K/day CA$- CA$- ▼ -124 days
1999 215 days CA$10.83 Million CA$50.41K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)