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Innergex Renewable Energy (TSX:INE.PR.A.PFD) Debt-to-Revenue : 6.57 (As of Sep. 2024)


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What is Innergex Renewable Energy Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Innergex Renewable Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$686.36 Mil. Innergex Renewable Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$5,728.33 Mil. Innergex Renewable Energy's annualized Revenue for the quarter that ended in Sep. 2024 was C$976.92 Mil. Innergex Renewable Energy's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 was 6.57.


Innergex Renewable Energy Debt-to-Revenue Historical Data

The historical data trend for Innergex Renewable Energy's Debt-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.

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Innergex Renewable Energy Debt-to-Revenue Chart

Innergex Renewable Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.64 8.13 6.80 6.92 6.77

Innergex Renewable Energy Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.53 6.74 7.24 6.65 6.57

Competitive Comparison of Innergex Renewable Energy's Debt-to-Revenue

For the Utilities - Renewable subindustry, Innergex Renewable Energy's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Innergex Renewable Energy's Debt-to-Revenue Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Innergex Renewable Energy's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Innergex Renewable Energy's Debt-to-Revenue falls into.



Innergex Renewable Energy Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

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

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(255.028 + 6307.114) / 969.89
=6.77

Innergex Renewable Energy's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(686.36 + 5728.332) / 976.924
=6.57

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Sep. 2024) Revenue data.


Innergex Renewable Energy Debt-to-Revenue Related Terms

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Innergex Renewable Energy Business Description

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

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