Innergex Renewable Energy Inc. Defensive Interval Ratio

Latest as of March 2025: 161 days

Innergex Renewable Energy Inc. defensive interval ratio. Innergex Renewable Energy Inc. (INE) has a Defensive Interval Ratio of 161 days as of March 2025. Defensive assets of CA$412.87 Million (cash CA$180.61 Million, short-term investments CA$-, receivables CA$232.25 Million) cover 161 days of daily cash needs of CA$2.56 Million/day. Explore Innergex Renewable Energy Inc. long-term investment intensity to see how much of total assets are deployed in long-term investments.

Defensive Interval Ratio

161 days
Days of operational coverage

Defensive Assets

CA$412.87 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$2.56 Million
Current Liabilities ÷ 365

Current Liabilities

CA$935.82 Million
CAD

Defensive Interval Ratio of Innergex Renewable Energy Inc. (2006–2024)

Defensive interval ratio of Innergex Renewable Energy Inc. from 2006 to 2024. This chart shows how Innergex Renewable Energy Inc.'s Defensive Interval Ratio has evolved across 19 annual periods from 2006 to 2024. As of March 2025, the ratio stands at 161 days, meaning defensive assets of CA$412.87 Million can fund 161 days of operations without new revenue. Read how much debt does Innergex Renewable Energy Inc. carry for a breakdown of total debt and financial obligations.

Innergex Renewable Energy Inc. Defensive Interval Ratio by Year (2006–2024)

Innergex Renewable Energy Inc. defensive interval ratio by year from 2006 to 2024. The table below presents the year-by-year Defensive Interval Ratio for Innergex Renewable Energy Inc. from 2006 to 2024, covering 19 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 the complete balance sheet picture, see Innergex Renewable Energy Inc. (INE) total assets.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 131 days CA$328.83 Million CA$2.51 Million/day CA$181.28 Million CA$- ▼ -68 days
2023 199 days CA$308.72 Million CA$1.55 Million/day CA$159.24 Million CA$- ▲ +38 days
2022 161 days CA$287.32 Million CA$1.78 Million/day CA$162.97 Million CA$- ▲ +36 days
2021 125 days CA$250.51 Million CA$2.01 Million/day CA$166.27 Million CA$- ▲ +45 days
2020 79 days CA$225.21 Million CA$2.84 Million/day CA$161.47 Million CA$- ▼ -45 days
2019 124 days CA$217.76 Million CA$1.76 Million/day CA$156.22 Million CA$- ▲ +20 days
2018 104 days CA$183.47 Million CA$1.76 Million/day CA$79.59 Million CA$- ▼ -33 days
2017 137 days CA$92.92 Million CA$676.28K/day CA$- CA$5.42 Million ▼ -29 days
2016 166 days CA$100.37 Million CA$603.75K/day CA$- CA$1.53 Million ▲ +88 days
2015 78 days CA$39.60 Million CA$507.32K/day CA$- CA$2.52 Million ▲ +14 days
2014 64 days CA$35.36 Million CA$553.52K/day CA$- CA$- ▲ +13 days
2013 51 days CA$14.79 Million CA$290.55K/day CA$- CA$- ▼ -142 days
2012 193 days CA$73.95 Million CA$383.09K/day CA$- CA$- ▲ +25 days
2011 168 days CA$38.22 Million CA$227.52K/day CA$- CA$- ▲ +44 days
2010 124 days CA$17.38 Million CA$140.37K/day CA$- CA$494.00K ▲ +69 days
2009 55 days CA$6.63 Million CA$121.15K/day CA$- CA$- ▼ -89 days
2008 144 days CA$22.89 Million CA$159.38K/day CA$- CA$- ▼ -208 days
2007 352 days CA$19.58 Million CA$55.69K/day CA$- CA$- ▲ +234 days
2006 117 days CA$514.24K CA$4.38K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)