Innergex Renewable Energy (INE.TO) Market Cap
Market Cap: $2.75B
Avg Volume: 1.23M
Industry: Renewable Utilities
Sector: Utilities
Market Cap Overview
Market Cap
$2.75B
Share Price
$13.54
Shares Outstanding
203.12M
What is Innergex Renewable Energy's Market Cap?
Innergex Renewable Energy's current Market Cap as of today is $2.75B.
Understanding Market Capitalization
Market Capitalization (Market Cap) is the total value of a company's outstanding shares of stock. It is calculated by multiplying the current market price of one share by the total number of outstanding shares.
- It provides a straightforward method of gauging a company's size.
- Market Cap can be used to compare companies within the same industry.
How is Market Cap calculated?
Market Cap is calculated by multiplying the current share price by the total number of outstanding shares:
Market Cap = Current Share Price × Total Shares Outstanding
In the case of Innergex Renewable Energy, the market cap is calculated as $13.54 x 203.12M shares = $2.75B.
As a Mid Cap company, Innergex Renewable Energy is a medium-sized company with significant growth potential.
Innergex Renewable Energy Historical Market Cap
Innergex Renewable Energy Market Cap vs Enterprise Value
Understanding Market Cap vs. Enterprise Value
While market cap represents the equity value of Innergex Renewable Energy, enterprise value provides a more complete picture of the company's total value by including debt and cash:
Enterprise Value = Market Cap + Total Debt - Cash and Equivalents
Innergex Renewable Energy's enterprise value as of December 31, 2024 (Q4 2024) is calculated as:
- Market Cap: $2.75B
- Total Debt: $6.86B
- Cash and Equivalents: $181.28M
- Enterprise Value: $8.31B
The difference between market cap and enterprise value can indicate the company's financial leverage and cash position. A higher enterprise value suggests significant debt levels.
Innergex Renewable Energy Annual Market Cap History
| Year | Market Cap | Change |
|---|---|---|
| 2025 | $2.75B | 68.76% |
| 2024 | $1.63B | -11.64% |
| 2023 | $1.84B | -43.59% |
| 2022 | $3.27B | -2.80% |
| 2021 | $3.36B | -27.83% |
| 2020 | $4.66B | 105.30% |
| 2019 | $2.27B | 39.24% |
| 2018 | $1.63B | 3.79% |
| 2017 | $1.57B | 4.77% |
| 2016 | $1.50B | 29.37% |
| 2015 | $1.16B | 3.76% |
| 2014 | $1.12B | 11.30% |
| 2013 | $1.00B | 12.04% |
| 2012 | $895.86M | 14.93% |
| 2011 | $779.51M | 41.37% |
| 2010 | $551.41M | 133.54% |
| 2009 | $236.12M | 151.19% |
| 2008 | $94.00M | 122.79% |
| 2007 | $42.19M | 184.21% |
| 2006 | $14.85M | N/A |
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Explore detailed financial metrics and analysis for INE.TO.