Innergex Renewable Energy Inc. (INE) - Total Assets

Latest as of March 2025: CA$9.56 Billion CAD ≈ $6.91 Billion USD

Based on the latest financial reports, Innergex Renewable Energy Inc. (INE) holds total assets worth CA$9.56 Billion CAD (≈ $6.91 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. Explore Innergex Renewable Energy Inc. (INE) cash flow to debt to assess how comfortably operating cash covers total debt obligations.

Innergex Renewable Energy Inc. - Total Assets Trend (2006–2024)

This chart illustrates how Innergex Renewable Energy Inc.'s total assets have evolved over time, based on quarterly financial data. See Innergex Renewable Energy Inc. (INE) net assets for net asset value and shareholders' equity analysis.

Innergex Renewable Energy Inc. - Asset Composition Analysis

Current Asset Composition (December 2024)

Innergex Renewable Energy Inc.'s total assets of CA$9.56 Billion consist of 6.2% current assets and 93.9% non-current assets.

Asset Category	Amount (CAD)	% of Total Assets
Cash & Equivalents	CA$181.28 Million	1.9%
Accounts Receivable	CA$147.55 Million	1.6%
Inventory	CA$0.00	0.0%
Property, Plant & Equipment	CA$7.03 Billion	74.5%
Intangible Assets	CA$1.22 Billion	12.9%
Goodwill	CA$138.77 Million	1.5%

Asset Composition Trend (2006–2024)

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. For live market cap, price, and company overview, see how much is Innergex Renewable Energy Inc. worth.

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Key Asset Composition Facts

Current vs. Non-Current Assets: Innergex Renewable Energy Inc.'s current assets represent 6.2% of total assets in 2024, a decrease from 41.7% in 2006.
Cash Position: Cash and equivalents constituted 1.9% of total assets in 2024, down from 13.9% in 2006.
Tangible vs. Intangible: Intangible assets (including goodwill) make up 13.0% of total assets, an increase from 0.0% in 2006.
Asset Diversification: The largest asset category is property, plant & equipment at 74.5% 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
AXIA Energia SA NYSE:AXIA-PC	USA	$279.91 Billion
Engie Brasil Energia S.A. SA:EGIE3	Brazil	R$58.70 Billion
Shanghai Electric Power Co Ltd SHG:600021	China	CN¥200.86 Billion
Électricite de Strasbourg Société Anonyme PA:ELEC	France	€2.11 Billion
Jiangsu New Energy Development Co Ltd SHG:603693	China	CN¥17.87 Billion
Cloudberry Clean Energy As OL:CLOUD	Norway	Nkr9.43 Billion
SPCG Public Company Limited BK:SPCG	Thailand	฿20.59 Billion
Clearwise AG DU:ABO	Germany	€408.53 Million

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	0.63
Cash Ratio	0.19	0.00	0.00
Working Capital	CA$-306.79 Million	CA$-187.93 Million	CA$-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	2.88
Latest Market Cap to Assets Ratio	0.21
Asset Growth Rate (YoY)	5.6%
Total Assets	CA$9.44 Billion
Market Capitalization	$2.01 Billion USD

Valuation Analysis

Below Book Valuation: The market values Innergex Renewable Energy Inc.'s assets below their book value (0.21x), 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. (2006–2024)

The table below shows the annual total assets of Innergex Renewable Energy Inc. from 2006 to 2024.

Year	Total Assets	Change
2024-12-31	CA$9.44 Billion ≈ $6.83 Billion	+5.61%
2023-12-31	CA$8.94 Billion ≈ $6.47 Billion	+3.92%
2022-12-31	CA$8.60 Billion ≈ $6.22 Billion	+16.31%
2021-12-31	CA$7.40 Billion ≈ $5.35 Billion	+3.38%
2020-12-31	CA$7.15 Billion ≈ $5.18 Billion	+12.27%
2019-12-31	CA$6.37 Billion ≈ $4.61 Billion	-1.68%
2018-12-31	CA$6.48 Billion ≈ $4.69 Billion	+54.67%
2017-12-31	CA$4.19 Billion ≈ $3.03 Billion	+16.27%
2016-12-31	CA$3.60 Billion ≈ $2.61 Billion	+15.21%
2015-12-31	CA$3.13 Billion ≈ $2.26 Billion	+15.18%
2014-12-31	CA$2.72 Billion ≈ $1.96 Billion	+14.26%
2013-12-31	CA$2.38 Billion ≈ $1.72 Billion	+2.29%
2012-12-31	CA$2.32 Billion ≈ $1.68 Billion	+14.29%
2011-12-31	CA$2.03 Billion ≈ $1.47 Billion	+118.45%
2010-12-31	CA$930.83 Million ≈ $673.35 Million	+109.35%
2009-12-31	CA$444.64 Million ≈ $321.64 Million	+2.20%
2008-12-31	CA$435.05 Million ≈ $314.71 Million	+26.74%
2007-12-31	CA$343.26 Million ≈ $248.31 Million	+9035.80%
2006-12-31	CA$3.76 Million ≈ $2.72 Million	--

About Innergex Renewable Energy Inc.

TO:INE Canada Utilities - Renewable

Market Cap

$2.01 Billion

CA$2.77 Billion CAD

Market Cap Rank

#6254 Global

#200 in Canada

Share Price

CA$13.74

Change (1 day)

+0.00%

52-Week Range

CA$13.70 - CA$13.74

All Time High

CA$27.18