Innergex Renewable Energy (TSX:INE.PR.A.PFD) Tax Rate % : 338.93% (As of Dec. 2024)

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What is Innergex Renewable Energy Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Innergex Renewable Energy's Tax Expense for the three months ended in Dec. 2024 was C$-47.15 Mil. Innergex Renewable Energy's Pre-Tax Income for the three months ended in Dec. 2024 was C$-13.91 Mil. Therefore, Innergex Renewable Energy's Tax Rate % for the quarter that ended in Dec. 2024 was 338.93%.

Innergex Renewable Energy Tax Rate % Historical Data

The historical data trend for Innergex Renewable Energy's Tax Rate % 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 Tax Rate % Chart

Innergex Renewable Energy Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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-185.01

12.40

6.73

30.72

267.59

Innergex Renewable Energy Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															20.83	5.88	28.26	-30.83	338.93

Innergex Renewable Energy Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Innergex Renewable Energy's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	-42.292	/	-15.805
	=	267.59 %

Innergex Renewable Energy's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	-47.145	/	-13.91
	=	338.93 %

Innergex Renewable Energy Tax Rate % 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.A.PFD) » Definitions » Tax Rate %

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Traded in Other Exchanges

INGXF:USA 3IX:Germany INE.PR.C.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. The company operates into three segments:; hydroelectric power generation; wind power generation; and solar power generation. It derives maximum revenue from Hydroelectric segment. Geogeraphically, the company operates into Canada, France, Chile and United States, of which Canada derives maximum revenue.

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