Innergex Renewable Energy Inc. (INE) — Tangible Net Worth Ratio
Innergex Renewable Energy Inc. (INE) has a Tangible Net Worth Ratio of -4.3% as of March 2025. This metric is calculated by deducting intangible assets (CA$1.14 Billion) from net assets (CA$1.10 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Innergex Renewable Energy Inc. book value and equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Innergex Renewable Energy Inc. Tangible Net Worth Ratio (2006–2024)
This chart shows how Innergex Renewable Energy Inc.'s Tangible Net Worth Ratio has changed across 19 annual periods from 2006 to 2024. As of March 2025, the ratio stands at -4.3%, reflecting net assets of CA$1.10 Billion with intangible assets of CA$1.14 Billion CAD. Also explore Innergex Renewable Energy Inc. (INE) equity growth momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Innergex Renewable Energy Inc. (2006–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Innergex Renewable Energy Inc. from 2006 to 2024, covering 19 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Innergex Renewable Energy Inc. (INE) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 19.8% | CA$1.52 Billion | CA$1.22 Billion | CA$9.44 Billion | ▲ +28.3 pp |
| 2023 | -8.5% | CA$1.21 Billion | CA$1.31 Billion | CA$8.94 Billion | ▼ -20.3 pp |
| 2022 | 11.9% | CA$1.49 Billion | CA$1.31 Billion | CA$8.60 Billion | ▼ -6.2 pp |
| 2021 | 18.1% | CA$1.36 Billion | CA$1.11 Billion | CA$7.40 Billion | ▲ +5.2 pp |
| 2020 | 12.8% | CA$1.07 Billion | CA$933.41 Million | CA$7.15 Billion | ▲ +25.5 pp |
| 2019 | -12.7% | CA$615.33 Million | CA$693.36 Million | CA$6.37 Billion | ▼ -13.1 pp |
| 2018 | 0.5% | CA$959.56 Million | CA$955.13 Million | CA$6.48 Billion | ▲ +45.8 pp |
| 2017 | -45.3% | CA$450.19 Million | CA$654.08 Million | CA$4.19 Billion | ▼ -33.0 pp |
| 2016 | -12.3% | CA$485.23 Million | CA$544.87 Million | CA$3.60 Billion | ▼ -12.1 pp |
| 2015 | -0.2% | CA$471.56 Million | CA$472.27 Million | CA$3.13 Billion | ▼ -2.6 pp |
| 2014 | 2.5% | CA$562.23 Million | CA$548.33 Million | CA$2.72 Billion | ▼ -15.3 pp |
| 2013 | 17.7% | CA$665.93 Million | CA$547.74 Million | CA$2.38 Billion | ▼ -2.6 pp |
| 2012 | 20.4% | CA$687.93 Million | CA$547.66 Million | CA$2.32 Billion | ▲ +13.5 pp |
| 2011 | 6.9% | CA$579.12 Million | CA$539.30 Million | CA$2.03 Billion | ▼ -36.6 pp |
| 2010 | 43.5% | CA$347.35 Million | CA$196.18 Million | CA$930.83 Million | ▼ -32.6 pp |
| 2009 | 76.1% | CA$183.27 Million | CA$43.76 Million | CA$444.64 Million | ▲ +2.9 pp |
| 2008 | 73.2% | CA$200.48 Million | CA$53.68 Million | CA$435.05 Million | ▼ -2.3 pp |
| 2007 | 75.6% | CA$230.54 Million | CA$56.34 Million | CA$343.26 Million | ▼ -24.4 pp |
| 2006 | 100.0% | CA$1.81 Million | CA$0.00 | CA$3.76 Million | — |