Boralex Inc (BLX) - Total Assets
Based on the latest financial reports, Boralex Inc (BLX) holds total assets worth CA$7.64 Billion CAD (≈ $5.53 Billion USD) as of September 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. Explore debt repayment capacity of Boralex Inc to assess how comfortably operating cash covers total debt obligations.
Boralex Inc - Total Assets Trend (1999–2024)
This chart illustrates how Boralex Inc's total assets have evolved over time, based on quarterly financial data. See Boralex Inc (BLX) shareholders funds for net asset value and shareholders' equity analysis.
Boralex Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Boralex Inc's total assets of CA$7.64 Billion consist of 12.1% current assets and 87.9% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$592.00 Million | 7.8% |
| Accounts Receivable | CA$264.00 Million | 3.5% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$4.45 Billion | 58.5% |
| Intangible Assets | CA$963.00 Million | 12.7% |
| Goodwill | CA$237.00 Million | 3.1% |
Asset Composition Trend (1999–2024)
This chart illustrates how Boralex 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. For live market cap, price, and company overview, see BLX market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Boralex Inc's current assets represent 12.1% of total assets in 2024, an increase from 6.0% in 1999.
- Cash Position: Cash and equivalents constituted 7.8% of total assets in 2024, up from 1.0% in 1999.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 15.0% of total assets, an increase from 4.0% in 1999.
- Asset Diversification: The largest asset category is property, plant & equipment at 58.5% of total assets.
Boralex Inc Competitors by Total Assets
Key competitors of Boralex Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
CN YANGT.PWR GDR REG S/A
F:CYZB
|
Germany | €561.99 Billion |
|
Huaneng Lancang River Hydropower Inc Class A
SHG:600025
|
China | CN¥228.97 Billion |
|
FORTUM OYJ ADR 1/5/EO340
F:FOT0
|
Germany | €15.99 Billion |
|
LGI Ltd
AU:LGI
|
Australia | AU$113.07 Million |
|
Voltalia SA
PA:VLTSA
|
France | €4.19 Billion |
|
Renova Energia S.A
SA:RNEW11
|
Brazil | R$3.03 Billion |
|
Meridian Energy Ltd
AU:MEZ
|
Australia | AU$15.14 Billion |
|
Frontier Energy Ltd
AU:FHE
|
Australia | AU$90.43 Million |
Boralex 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 | 1.26 | 0.86 | 1.17 |
| Quick Ratio | 1.26 | 0.86 | 1.17 |
| Cash Ratio | 0.53 | 0.44 | 0.00 |
| Working Capital | CA$141.00 Million | CA$-95.00 Million | CA$69.00 Million |
Boralex Inc - Advanced Valuation Insights
This section examines the relationship between Boralex 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 | 1.85 |
| Latest Market Cap to Assets Ratio | 0.36 |
| Asset Growth Rate (YoY) | 15.7% |
| Total Assets | CA$7.60 Billion |
| Market Capitalization | $2.74 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Boralex Inc's assets below their book value (0.36x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Boralex Inc's assets grew by 15.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Boralex Inc (1999–2024)
The table below shows the annual total assets of Boralex Inc from 1999 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$7.60 Billion ≈ $5.50 Billion |
+15.67% |
| 2023-12-31 | CA$6.57 Billion ≈ $4.76 Billion |
+0.54% |
| 2022-12-31 | CA$6.54 Billion ≈ $4.73 Billion |
+13.70% |
| 2021-12-31 | CA$5.75 Billion ≈ $4.16 Billion |
+8.22% |
| 2020-12-31 | CA$5.31 Billion ≈ $3.84 Billion |
+16.61% |
| 2019-12-31 | CA$4.56 Billion ≈ $3.30 Billion |
-3.98% |
| 2018-12-31 | CA$4.75 Billion ≈ $3.43 Billion |
+20.89% |
| 2017-12-31 | CA$3.93 Billion ≈ $2.84 Billion |
+45.30% |
| 2016-12-31 | CA$2.70 Billion ≈ $1.95 Billion |
+10.65% |
| 2015-12-31 | CA$2.44 Billion ≈ $1.77 Billion |
+27.32% |
| 2014-12-31 | CA$1.92 Billion ≈ $1.39 Billion |
+34.81% |
| 2013-12-31 | CA$1.42 Billion ≈ $1.03 Billion |
+15.68% |
| 2012-12-31 | CA$1.23 Billion ≈ $889.67 Million |
+4.50% |
| 2011-12-31 | CA$1.18 Billion ≈ $851.32 Million |
-4.57% |
| 2010-12-31 | CA$1.23 Billion ≈ $892.13 Million |
+85.80% |
| 2009-12-31 | CA$663.77 Million ≈ $480.16 Million |
+6.46% |
| 2008-12-31 | CA$623.50 Million ≈ $451.03 Million |
+21.13% |
| 2007-12-31 | CA$514.73 Million ≈ $372.35 Million |
+7.60% |
| 2006-12-31 | CA$478.38 Million ≈ $346.05 Million |
+11.38% |
| 2005-12-31 | CA$429.51 Million ≈ $310.70 Million |
+56.58% |
| 2004-12-31 | CA$274.31 Million ≈ $198.43 Million |
+8.54% |
| 2003-12-31 | CA$252.72 Million ≈ $182.81 Million |
-9.08% |
| 2002-12-31 | CA$277.96 Million ≈ $201.07 Million |
-21.55% |
| 2001-12-31 | CA$354.31 Million ≈ $256.31 Million |
+43.93% |
| 2000-12-31 | CA$246.17 Million ≈ $178.07 Million |
+4.87% |
| 1999-12-31 | CA$234.73 Million ≈ $169.80 Million |
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About Boralex Inc
Boralex Inc., together with its subsidiaries, engages in the developing, building, and operating power generating and storage facilities in Canada, France, and the United States. It generates electricity from wind, solar, and hydroelectric resources. As of December 31, 2024, the company operates 103 wind farms; 13 solar energy facilities; 15 hydroelectric power stations; and 2 storage units with … Read more