Innergex Renewable Energy (TSX:INE.PR.C.PFD) Cash per Share : C$0.00 (As of Jun. 2024)

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What is Innergex Renewable Energy Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Innergex Renewable Energy's Cash per Share for the quarter that ended in Jun. 2024 was C$0.00.

Innergex Renewable Energy Cash per Share Historical Data

The historical data trend for Innergex Renewable Energy's Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Innergex Renewable Energy Cash per Share Chart

Innergex Renewable Energy Annual Data

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Cash per Share

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Innergex Renewable Energy Quarterly Data
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Innergex Renewable Energy Cash per Share Calculation

This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.

Innergex Renewable Energy's Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	159.244	/	0.00
	=	N/A

Innergex Renewable Energy's Cash per Share for the quarter that ended in Jun. 2024 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	171.457	/	0.00
	=	N/A

Innergex Renewable Energy (TSX:INE.PR.C.PFD) Cash per Share Explanation

Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.

Innergex Renewable Energy Cash per Share Related Terms

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Innergex Renewable Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Innergex Renewable Energy Inc (TSX:INE.PR.C.PFD) » Definitions » Cash per Share

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INGXF:USA 3IX:Germany INE.PR.A.PFD:Canada INE:Canada

Address

1225 Saint-Charles Street West, 10th Floor, Longueuil, QC, CAN, J4K 0B9

Website

https://www.innergex.com

Innergex Renewable Energy Inc is an independent Canadian renewable power producer. It develops, acquires, owns, and operates hydroelectric, wind, and solar facilities in Canada, the United States, France, and Chile. Most of the energy that the company generates comes from its hydroelectric facilities. Innergex Renewable Energy primarily generates revenue through the sale of electricity from its hydroelectric sites. The company's wind farms also generate substantial amounts of energy and revenue.

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