Innergex Renewable Energy Inc. Tangible Net Worth Ratio
Innergex Renewable Energy Inc. 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. Also explore INE shareholders equity momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Innergex Renewable Energy Inc. (2006–2024)
Tangible net worth ratio of Innergex Renewable Energy Inc. from 2006 to 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. Check how strategically is Innergex Renewable Energy Inc.'s equity deployed to assess the company's strategic physical and investment asset allocation.
Innergex Renewable Energy Inc. Tangible Net Worth Ratio by Year (2006–2024)
Innergex Renewable Energy Inc. tangible net worth ratio by year from 2006 to 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 live market cap and overall valuation, see INE market cap.
| 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 | — |