Innergex Renewable Energy (TSX:INE) Debt-to-Asset : 0.73 (As of Dec. 2023)

Innergex Renewable Energy Debt-to-Asset Chart

Innergex Renewable Energy Annual Data
	Trend	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Debt-to-Asset		Get a 7-Day Free Trial					0.76	0.70	0.69	0.70	0.73

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
Debt-to-Asset	Get a 7-Day Free Trial															0.70	0.69	0.68	0.68	0.73

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

For the Utilities - Renewable subindustry, Innergex Renewable Energy's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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-Asset Distribution in the Utilities - Independent Power Producers Industry

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

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

Innergex Renewable Energy Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

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

Innergex Renewable Energy's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

* 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.

Innergex Renewable Energy  (TSX:INE) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Innergex Renewable Energy Debt-to-Asset Related Terms

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Innergex Renewable Energy (TSX:INE) Business Description