Innergex Renewable Energy (Innergex Renewable Energy) COGS-to-Revenue : -0.07 (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Innergex Renewable Energy COGS-to-Revenue?

Innergex Renewable Energy's Cost of Goods Sold for the three months ended in Dec. 2023 was $-13.4 Mil. Its Revenue for the three months ended in Dec. 2023 was $181.5 Mil.

Innergex Renewable Energy's COGS to Revenue for the three months ended in Dec. 2023 was -0.07.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Innergex Renewable Energy's Gross Margin % for the three months ended in Dec. 2023 was 107.39%.

Innergex Renewable Energy COGS-to-Revenue Historical Data

The historical data trend for Innergex Renewable Energy's COGS-to-Revenue 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.

* Premium members only.

Innergex Renewable Energy COGS-to-Revenue Chart

Innergex Renewable Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

-0.07

Innergex Renewable Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															-0.08	-0.11	-0.07	-0.05	-0.07

Innergex Renewable Energy COGS-to-Revenue Calculation

Innergex Renewable Energy's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	-53.432	/	722.935
	=	-0.07

Innergex Renewable Energy's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	-13.419	/	181.517
	=	-0.07

Innergex Renewable Energy (OTCPK:INGXF) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Innergex Renewable Energy's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	-13.419 / 181.517
	=	107.39 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Innergex Renewable Energy COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Innergex Renewable Energy's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Innergex Renewable Energy (Innergex Renewable Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Innergex Renewable Energy Inc (OTCPK:INGXF) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

3IX:Germany INE.PR.C.PFD:Canada 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.

Innergex Renewable Energy (Innergex Renewable Energy) Headlines

From GuruFocus

Innergex Announces Signature of a 12-Year Power Purchase Agreement for Foard City Wind Project in Texas, USA

By PRNewswire PRNewswire • 05-07-2018