Innergex Renewable Energy Stock

Innergex Renewable Energy ROCE 2024

Innergex Renewable Energy ROCE

0.32

Ticker

INE.TO

ISIN

CA45790B1040

WKN

A0M9S7

In 2024, Innergex Renewable Energy's return on capital employed (ROCE) was 0.32, a 35.58% increase from the 0.24 ROCE in the previous year.

Innergex Renewable Energy Aktienanalyse

What does Innergex Renewable Energy do?

Innergex Renewable Energy Inc. is a Canadian company that was founded in 1990 and is headquartered in Longueuil, Quebec. The company operates in the renewable energy sector and employs over 500 employees. Innergex's business model focuses on the development, construction, operation, and maintenance of renewable energy projects in North America and Europe. The company utilizes various technologies such as hydropower, wind power, and solar energy. Innergex operates a total of 68 power plants with an installed capacity of over 2,600 megawatts. In the hydropower segment, they operate 36 run-of-the-river power plants and pipelines, delivering a total of around 1,000 megawatts. In the wind segment, they are represented by 20 wind farms delivering around 1,500 MW. The solar segment is also being expanded. Innergex Renewable Energy Inc. offers a wide range of products, including the entire process chain of planning, construction, operation, and maintenance of renewable energy generation facilities. This includes hydropower plants, wind farms, and solar installations. In recent years, the company has significantly expanded its portfolio in the solar energy and wind power sectors. Innergex has made investments of approximately $6 billion in renewable energy in recent years. The company plans to continue growing and investing in renewable energy in the future. The company has a clear focus on sustainability and sets high standards in terms of environmental protection and social responsibility. Innergex actively participates in the fight against climate change and takes a leading role in the development of renewable energy. In summary, Innergex Renewable Energy Inc. is a leading developer and operator of renewable energy projects in North America and Europe. The company offers a wide range of products and has made significant investments in the solar energy and wind power sectors in recent years. Innergex places great importance on sustainability and sets high standards in terms of environmental protection and social responsibility. The company aims for further growth and intends to continue investing in renewable energy in the future. Innergex Renewable Energy ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROCE Details

Unraveling Innergex Renewable Energy's Return on Capital Employed (ROCE)

Innergex Renewable Energy's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Innergex Renewable Energy's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Innergex Renewable Energy's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Innergex Renewable Energy’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Innergex Renewable Energy stock

What is the ROCE (Return on Capital Employed) of Innergex Renewable Energy this year?

The ROCE of Innergex Renewable Energy is 0.32 undefined this year.

How has the ROCE (Return on Capital Employed) of Innergex Renewable Energy developed compared to the previous year?

The ROCE of Innergex Renewable Energy has increased by 35.58% increased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Innergex Renewable Energy?

A high Return on Capital Employed (ROCE) indicates that Innergex Renewable Energy has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.

What does a low ROCE (Return on Capital Employed) mean for investors of Innergex Renewable Energy?

A low ROCE (Return on Capital Employed) can indicate that Innergex Renewable Energy has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.

How does an increase in ROCE from Innergex Renewable Energy impact the company?

An increase in the ROCE of Innergex Renewable Energy can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.

How does a reduction in the ROCE of Innergex Renewable Energy affect the company?

A decrease in ROCE of Innergex Renewable Energy can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.

What are some factors that can influence the ROCE of Innergex Renewable Energy?

Some factors that can affect Innergex Renewable Energy's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

Why is the ROCE of Innergex Renewable Energy so important for investors?

The ROCE of Innergex Renewable Energy is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.

What strategic measures can Innergex Renewable Energy take to improve the ROCE?

To improve the ROCE, Innergex Renewable Energy can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.

How much dividend does Innergex Renewable Energy pay?

Over the past 12 months, Innergex Renewable Energy paid a dividend of 0.72 CAD . This corresponds to a dividend yield of about 8.42 %. For the coming 12 months, Innergex Renewable Energy is expected to pay a dividend of 0.82 CAD.

What is the dividend yield of Innergex Renewable Energy?

The current dividend yield of Innergex Renewable Energy is 8.42 %.

When does Innergex Renewable Energy pay dividends?

Innergex Renewable Energy pays a quarterly dividend. This is distributed in the months of April, July, October, October.

How secure is the dividend of Innergex Renewable Energy?

Innergex Renewable Energy paid dividends every year for the past 1 years.

What is the dividend of Innergex Renewable Energy?

For the upcoming 12 months, dividends amounting to 0.82 CAD are expected. This corresponds to a dividend yield of 9.61 %.

In which sector is Innergex Renewable Energy located?

Innergex Renewable Energy is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von Innergex Renewable Energy kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Innergex Renewable Energy from 10/15/2024 amounting to 0.07 CAD, you needed to have the stock in your portfolio before the ex-date on 9/30/2024.

When did Innergex Renewable Energy pay the last dividend?

The last dividend was paid out on 10/15/2024.

What was the dividend of Innergex Renewable Energy in the year 2023?

In the year 2023, Innergex Renewable Energy distributed 0.72 CAD as dividends.

In which currency does Innergex Renewable Energy pay out the dividend?

The dividends of Innergex Renewable Energy are distributed in CAD.

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Andere Kennzahlen von Innergex Renewable Energy

Our stock analysis for Innergex Renewable Energy Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Innergex Renewable Energy Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.