Innergex Renewable Energy Inc.
Innergex Renewable Energy Inc. operates as an independent renewable power producer in Canada, the United States, France, and Chile. It operates through three segments: Hydroelectric, Wind, and Solar and Storage. The company acquires, owns, develops, and operates renewable power-generating and energy storage facilities primarily in hydroelectric, wind, and solar power sectors. As of February 21, 2… Read more
Innergex Renewable Energy Inc. (INGXF) - Total Assets
Latest total assets as of March 2025: $9.56 Billion USD
Based on the latest financial reports, Innergex Renewable Energy Inc. (INGXF) holds total assets worth $9.56 Billion USD as of March 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Innergex Renewable Energy Inc. - Total Assets Trend (2003–2024)
This chart illustrates how Innergex Renewable Energy Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Innergex Renewable Energy Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
Innergex Renewable Energy Inc.'s total assets of $9.56 Billion consist of 6.2% current assets and 93.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.9% |
| Accounts Receivable | $286.52 Million | 3.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.22 Billion | 12.9% |
| Goodwill | $138.77 Million | 1.5% |
Asset Composition Trend (2003–2024)
This chart illustrates how Innergex Renewable Energy Inc.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Innergex Renewable Energy Inc.'s current assets represent 6.2% of total assets in 2024, an increase from 0.0% in 2003.
- Cash Position: Cash and equivalents constituted 1.9% of total assets in 2024, up from 1.5% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 13.0% of total assets, a decrease from 28.0% in 2003.
- Asset Diversification: The largest asset category is intangible assets at 12.9% of total assets.
Innergex Renewable Energy Inc. Competitors by Total Assets
Key competitors of Innergex Renewable Energy Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tunghsu Azure Renewable Energy Co Ltd
SHE:000040
|
China | CN¥23.04 Billion |
|
Tianjin Guangyu Development Co Ltd
SHE:000537
|
China | CN¥94.26 Billion |
|
CECEP Solar Energy Co Ltd
SHE:000591
|
China | CN¥52.84 Billion |
|
GEPIC Energy Development Co Ltd
SHE:000791
|
China | CN¥38.52 Billion |
|
Tieling Newcity Investment Holding Ltd
SHE:000809
|
China | CN¥2.91 Billion |
|
Hubei Energy Group Co Ltd
SHE:000883
|
China | CN¥95.95 Billion |
|
Fujian MinDong Electric Power Co Ltd
SHE:000993
|
China | CN¥3.76 Billion |
|
Xinjiang Lixin Energy Co. Ltd. A
SHE:001258
|
China | CN¥16.78 Billion |
Innergex Renewable Energy Inc. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Innergex Renewable Energy Inc. generates 0.10x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Innergex Renewable Energy Inc. generates $ 0.17 in net profit.
Innergex Renewable Energy Inc. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.67 | 0.74 | 0.63 |
| Quick Ratio | 0.67 | 0.74 | 0.74 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-306.79 Million | $ -187.93 Million | $ -264.94 Million |
Innergex Renewable Energy Inc. - Advanced Valuation Insights
This section examines the relationship between Innergex Renewable Energy Inc.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.90 |
| Latest Market Cap to Assets Ratio | 0.16 |
| Asset Growth Rate (YoY) | 5.6% |
| Total Assets | $9.44 Billion |
| Market Capitalization | $1.52 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Innergex Renewable Energy Inc.'s assets below their book value (0.16 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Innergex Renewable Energy Inc.'s assets grew by 5.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Innergex Renewable Energy Inc. (2003–2024)
The table below shows the annual total assets of Innergex Renewable Energy Inc. from 2003 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $9.44 Billion | +5.61% |
| 2023-12-31 | $8.94 Billion | +3.92% |
| 2022-12-31 | $8.60 Billion | +16.31% |
| 2021-12-31 | $7.40 Billion | +3.38% |
| 2020-12-31 | $7.15 Billion | +12.27% |
| 2019-12-31 | $6.37 Billion | -1.68% |
| 2018-12-31 | $6.48 Billion | +54.67% |
| 2017-12-31 | $4.19 Billion | +16.27% |
| 2016-12-31 | $3.60 Billion | +15.21% |
| 2015-12-31 | $3.13 Billion | +15.18% |
| 2014-12-31 | $2.72 Billion | +14.26% |
| 2013-12-31 | $2.38 Billion | +2.29% |
| 2012-12-31 | $2.32 Billion | +14.29% |
| 2011-12-31 | $2.03 Billion | +118.45% |
| 2010-12-31 | $930.83 Million | +109.35% |
| 2009-12-31 | $444.64 Million | +2.20% |
| 2008-12-31 | $435.05 Million | +26.74% |
| 2007-12-31 | $343.26 Million | +9035.80% |
| 2006-12-31 | $3.76 Million | -98.78% |
| 2005-12-31 | $307.73 Million | +38.02% |
| 2004-12-31 | $222.97 Million | +24.46% |
| 2003-12-31 | $179.15 Million | -- |