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Innergex Renewable Energy Inc.
Buy, Hold or Sell?

Let's analyse Innergex together

PenkeI guess you are interested in Innergex Renewable Energy Inc.. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Innergex Renewable Energy Inc.. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Innergex (30 sec.)










What can you expect buying and holding a share of Innergex? (30 sec.)

How much money do you get?

How much money do you get?
$0.73
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
$5.90
Expected worth in 1 year
$4.52
How sure are you?
52.5%

+ What do you gain per year?

Total Gains per Share
$-0.64
Return On Investment
-10.7%

For what price can you sell your share?

Current Price per Share
$6.00
Expected price per share
$5.26 - $7.08
How sure are you?
50%

1. Valuation of Innergex (5 min.)




Live pricePrice per Share (EOD)

$6.00

Intrinsic Value Per Share

$-26.11 - $-18.58

Total Value Per Share

$-20.21 - $-12.68

2. Growth of Innergex (5 min.)




Is Innergex growing?

Current yearPrevious yearGrowGrow %
How rich?$1.2b$1.5b-$220.4m-16.4%

How much money is Innergex making?

Current yearPrevious yearGrowGrow %
Making money-$17.8m-$16.3m-$1.5m-8.6%
Net Profit Margin-10.5%-11.6%--

How much money comes from the company's main activities?

3. Financial Health of Innergex (5 min.)




What can you expect buying and holding a share of Innergex? (5 min.)

Welcome investor! Innergex's management wants to use your money to grow the business. In return you get a share of Innergex.

What can you expect buying and holding a share of Innergex?

First you should know what it really means to hold a share of Innergex. And how you can make/lose money.

Speculation

The Price per Share of Innergex is $6. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Innergex.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Innergex, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $5.90. Based on the TTM, the Book Value Change Per Share is $-0.34 per quarter. Based on the YOY, the Book Value Change Per Share is $0.15 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.18 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Innergex.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps-0.41-6.8%-0.06-1.0%-0.08-1.3%-0.08-1.3%-0.04-0.7%
Usd Book Value Change Per Share-0.91-15.2%-0.34-5.7%0.152.6%0.061.0%0.071.1%
Usd Dividend Per Share0.193.1%0.183.1%0.183.0%0.162.6%0.122.0%
Usd Total Gains Per Share-0.73-12.1%-0.16-2.7%0.345.6%0.223.6%0.193.1%
Usd Price Per Share6.97-8.66-13.53-13.35-11.68-
Price to Earnings Ratio-4.25-31.35--10.91--9.30-42.91-
Price-to-Total Gains Ratio-9.60-58.02-14.03-6.76--80.75-
Price to Book Ratio1.18-1.32-1.78-2.50-3.25-
Price-to-Total Gains Ratio-9.60-58.02-14.03-6.76--80.75-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share6
Number of shares166
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.180.16
Usd Book Value Change Per Share-0.340.06
Usd Total Gains Per Share-0.160.22
Gains per Quarter (166 shares)-26.5936.23
Gains per Year (166 shares)-106.38144.93
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1122-228-11610540135
2244-457-22221080280
3366-685-328315120425
4488-913-434420160570
5610-1141-540525200715
6731-1370-646630240860
7853-1598-7527352791005
8975-1826-8588403191150
91097-2055-9649453591295
101219-2283-107010503991440

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share3.01.00.075.0%5.07.00.041.7%9.011.00.045.0%22.018.00.055.0%53.028.00.065.4%
Book Value Change Per Share1.03.00.025.0%6.06.00.050.0%9.011.00.045.0%17.023.00.042.5%39.042.00.048.1%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%80.00.01.098.8%
Total Gains per Share2.02.00.050.0%8.04.00.066.7%11.09.00.055.0%21.019.00.052.5%55.026.00.067.9%

Fundamentals of Innergex

About Innergex Renewable Energy Inc.

Innergex Renewable Energy Inc. operates as an independent renewable power producer in Canada, the United States, France, and Chile. It acquires, owns, develops, and operates renewable power-generating and energy storage facilities primarily in hydroelectric, wind, and solar power sectors. The company operates through three segments: Hydroelectric Power Generation, Wind Power Generation, and Solar Power Generation. As of December 31, 2023, it owns and operates 87 facilities with a net installed capacity of 4,234 megawatts, which include 41 hydroelectric facilities, 35 wind facilities, 9 solar farms, and 2 storage facilities. Innergex Renewable Energy Inc. is headquartered in Longueuil, Canada.

Fundamental data was last updated by Penke on 2024-03-10 06:28:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just not able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Innergex Renewable Energy Inc..

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Innergex earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Innergex to the Utilities - Renewable industry mean.
  • A Net Profit Margin of -46.8% means that $-0.47 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Innergex Renewable Energy Inc.:

  • The MRQ is -46.8%. The company is making a huge loss. -2
  • The TTM is -10.5%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-46.8%TTM-10.5%-36.3%
TTM-10.5%YOY-11.6%+1.2%
TTM-10.5%5Y-11.8%+1.3%
5Y-11.8%10Y-7.8%-3.9%
1.1.2. Return on Assets

Shows how efficient Innergex is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Innergex to the Utilities - Renewable industry mean.
  • -0.9% Return on Assets means that Innergex generated $-0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Innergex Renewable Energy Inc.:

  • The MRQ is -0.9%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -0.2%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-0.9%TTM-0.2%-0.7%
TTM-0.2%YOY-0.2%+0.0%
TTM-0.2%5Y-0.2%+0.0%
5Y-0.2%10Y-0.1%-0.1%
1.1.3. Return on Equity

Shows how efficient Innergex is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Innergex to the Utilities - Renewable industry mean.
  • -7.7% Return on Equity means Innergex generated $-0.08 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Innergex Renewable Energy Inc.:

  • The MRQ is -7.7%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -1.7%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-7.7%TTM-1.7%-6.0%
TTM-1.7%YOY-1.3%-0.4%
TTM-1.7%5Y-1.7%+0.0%
5Y-1.7%10Y-0.8%-0.9%

1.2. Operating Efficiency of Innergex Renewable Energy Inc..

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Innergex is operating .

  • Measures how much profit Innergex makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Innergex to the Utilities - Renewable industry mean.
  • An Operating Margin of 30.5% means the company generated $0.30  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Innergex Renewable Energy Inc.:

  • The MRQ is 30.5%. The company is operating very efficient. +2
  • The TTM is 35.0%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ30.5%TTM35.0%-4.5%
TTM35.0%YOY34.0%+1.0%
TTM35.0%5Y41.0%-6.0%
5Y41.0%10Y41.5%-0.6%
1.2.2. Operating Ratio

Measures how efficient Innergex is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Utilities - Renewable industry mean).
  • An Operation Ratio of 0.66 means that the operating costs are $0.66 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Innergex Renewable Energy Inc.:

  • The MRQ is 0.662. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.781. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.662TTM0.781-0.118
TTM0.781YOY0.967-0.187
TTM0.7815Y0.777+0.003
5Y0.77710Y0.737+0.040

1.3. Liquidity of Innergex Renewable Energy Inc..

1.3. Liquidity
1.3.1. Current Ratio

Measures if Innergex is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Utilities - Renewable industry mean).
  • A Current Ratio of 0.91 means the company has $0.91 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Innergex Renewable Energy Inc.:

  • The MRQ is 0.915. The company is just not able to pay all its short-term debts. -1
  • The TTM is 0.959. The company is just not able to pay all its short-term debts. -1
Trends
Current periodCompared to+/- 
MRQ0.915TTM0.959-0.045
TTM0.959YOY0.744+0.215
TTM0.9595Y0.682+0.277
5Y0.68210Y0.932-0.249
1.3.2. Quick Ratio

Measures if Innergex is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Innergex to the Utilities - Renewable industry mean.
  • A Quick Ratio of 0.67 means the company can pay off $0.67 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Innergex Renewable Energy Inc.:

  • The MRQ is 0.670. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.655. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.670TTM0.655+0.014
TTM0.655YOY0.537+0.119
TTM0.6555Y0.476+0.179
5Y0.47610Y0.566-0.090

1.4. Solvency of Innergex Renewable Energy Inc..

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Innergex assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Innergex to Utilities - Renewable industry mean.
  • A Debt to Asset Ratio of 0.87 means that Innergex assets are financed with 86.5% credit (debt) and the remaining percentage (100% - 86.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Innergex Renewable Energy Inc.:

  • The MRQ is 0.865. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.849. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.865TTM0.849+0.017
TTM0.849YOY0.810+0.038
TTM0.8495Y0.844+0.004
5Y0.84410Y0.838+0.006
1.4.2. Debt to Equity Ratio

Measures if Innergex is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Innergex to the Utilities - Renewable industry mean.
  • A Debt to Equity ratio of 711.6% means that company has $7.12 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Innergex Renewable Energy Inc.:

  • The MRQ is 7.116. The company is unable to pay all its debts with equity. -1
  • The TTM is 6.285. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ7.116TTM6.285+0.832
TTM6.285YOY5.033+1.252
TTM6.2855Y6.495-0.211
5Y6.49510Y6.267+0.228

2. Market Valuation of Innergex Renewable Energy Inc.

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Innergex generates.

  • Above 15 is considered overpriced but always compare Innergex to the Utilities - Renewable industry mean.
  • A PE ratio of -4.25 means the investor is paying $-4.25 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Innergex Renewable Energy Inc.:

  • The EOD is -3.655. Based on the earnings, the company is expensive. -2
  • The MRQ is -4.246. Based on the earnings, the company is expensive. -2
  • The TTM is 31.354. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD-3.655MRQ-4.246+0.591
MRQ-4.246TTM31.354-35.600
TTM31.354YOY-10.908+42.262
TTM31.3545Y-9.299+40.653
5Y-9.29910Y42.914-52.213
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Innergex Renewable Energy Inc.:

  • The EOD is -1.062. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -1.234. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -13.877. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-1.062MRQ-1.234+0.172
MRQ-1.234TTM-13.877+12.643
TTM-13.877YOY15.666-29.543
TTM-13.8775Y-5.842-8.035
5Y-5.84210Y-6.286+0.445
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Innergex is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Utilities - Renewable industry mean).
  • A PB ratio of 1.18 means the investor is paying $1.18 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Innergex Renewable Energy Inc.:

  • The EOD is 1.017. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.182. Based on the equity, the company is underpriced. +1
  • The TTM is 1.316. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.017MRQ1.182-0.164
MRQ1.182TTM1.316-0.134
TTM1.316YOY1.775-0.460
TTM1.3165Y2.497-1.181
5Y2.49710Y3.246-0.749
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Innergex Renewable Energy Inc. compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.911-0.344-62%0.154-692%0.060-1616%0.066-1481%
Book Value Per Share--5.8976.558-10%7.637-23%5.784+2%4.352+35%
Current Ratio--0.9150.959-5%0.744+23%0.682+34%0.932-2%
Debt To Asset Ratio--0.8650.849+2%0.810+7%0.844+2%0.838+3%
Debt To Equity Ratio--7.1166.285+13%5.033+41%6.495+10%6.267+14%
Dividend Per Share--0.1850.184+1%0.182+1%0.158+17%0.119+55%
Eps---0.410-0.060-85%-0.079-81%-0.076-81%-0.040-90%
Free Cash Flow Per Share---1.412-0.476-66%0.341-514%-0.242-83%-0.185-87%
Free Cash Flow To Equity Per Share---0.155-0.069-56%0.583-127%0.205-176%0.258-160%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---18.579--------
Intrinsic Value_10Y_min---26.108--------
Intrinsic Value_1Y_max---0.403--------
Intrinsic Value_1Y_min---1.065--------
Intrinsic Value_3Y_max---2.323--------
Intrinsic Value_3Y_min---4.562--------
Intrinsic Value_5Y_max---5.583--------
Intrinsic Value_5Y_min---9.526--------
Market Cap1226412000.000-16%1424681940.0001770121320.000-20%2766478869.000-49%2728186198.320-48%2467978117.710-42%
Net Profit Margin---0.468-0.105-78%-0.116-75%-0.118-75%-0.078-83%
Operating Margin--0.3050.350-13%0.340-10%0.410-26%0.415-27%
Operating Ratio--0.6620.781-15%0.967-32%0.777-15%0.737-10%
Pb Ratio1.017-16%1.1821.316-10%1.775-33%2.497-53%3.246-64%
Pe Ratio-3.655+14%-4.24631.354-114%-10.908+157%-9.299+119%42.914-110%
Price Per Share6.000-16%6.9708.660-20%13.535-49%13.347-48%11.679-40%
Price To Free Cash Flow Ratio-1.062+14%-1.234-13.877+1025%15.666-108%-5.842+373%-6.286+409%
Price To Total Gains Ratio-8.264+14%-9.60058.021-117%14.032-168%6.758-242%-80.748+741%
Quick Ratio--0.6700.655+2%0.537+25%0.476+41%0.566+18%
Return On Assets---0.009-0.002-79%-0.002-78%-0.002-77%-0.001-87%
Return On Equity---0.077-0.017-78%-0.013-83%-0.017-78%-0.008-89%
Total Gains Per Share---0.726-0.160-78%0.336-316%0.218-433%0.185-492%
Usd Book Value--1205328000.0001340538000.000-10%1560946500.000-23%1182242300.000+2%897351150.000+34%
Usd Book Value Change Per Share---0.911-0.344-62%0.154-692%0.060-1616%0.066-1481%
Usd Book Value Per Share--5.8976.558-10%7.637-23%5.784+2%4.352+35%
Usd Dividend Per Share--0.1850.184+1%0.182+1%0.158+17%0.119+55%
Usd Eps---0.410-0.060-85%-0.079-81%-0.076-81%-0.040-90%
Usd Free Cash Flow---288627000.000-97337250.000-66%69728500.000-514%-49365450.000-83%-39442450.000-86%
Usd Free Cash Flow Per Share---1.412-0.476-66%0.341-514%-0.242-83%-0.185-87%
Usd Free Cash Flow To Equity Per Share---0.155-0.069-56%0.583-127%0.205-176%0.258-160%
Usd Market Cap1226412000.000-16%1424681940.0001770121320.000-20%2766478869.000-49%2728186198.320-48%2467978117.710-42%
Usd Price Per Share6.000-16%6.9708.660-20%13.535-49%13.347-48%11.679-40%
Usd Profit---83893285.700-17883070.325-79%-16350645.950-81%-16141573.565-81%-7822138.273-91%
Usd Revenue--179305984.900178532501.750+0%160236183.050+12%138344916.415+30%101539617.168+77%
Usd Total Gains Per Share---0.726-0.160-78%0.336-316%0.218-433%0.185-492%
 EOD+3 -5MRQTTM+8 -27YOY+9 -265Y+11 -2410Y+12 -23

3.2. Fundamental Score

Let's check the fundamental score of Innergex Renewable Energy Inc. based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-3.655
Price to Book Ratio (EOD)Between0-11.017
Net Profit Margin (MRQ)Greater than0-0.468
Operating Margin (MRQ)Greater than00.305
Quick Ratio (MRQ)Greater than10.670
Current Ratio (MRQ)Greater than10.915
Debt to Asset Ratio (MRQ)Less than10.865
Debt to Equity Ratio (MRQ)Less than17.116
Return on Equity (MRQ)Greater than0.15-0.077
Return on Assets (MRQ)Greater than0.05-0.009
Total2/10 (20.0%)

3.3. Technical Score

Let's check the technical score of Innergex Renewable Energy Inc. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.404
Ma 20Greater thanMa 506.066
Ma 50Greater thanMa 1006.167
Ma 100Greater thanMa 2006.525
OpenGreater thanClose5.980
Total0/5 (0.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Operating Income  22,13026,12548,25620,45768,7134,75473,467-100,337-26,871



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets8,939,826
Total Liabilities7,734,498
Total Stockholder Equity1,086,883
 As reported
Total Liabilities 7,734,498
Total Stockholder Equity+ 1,086,883
Total Assets = 8,939,826

Assets

Total Assets8,939,826
Total Current Assets518,106
Long-term Assets8,421,720
Total Current Assets
Cash And Cash Equivalents 159,244
Net Receivables 220,010
Inventory 90,800
Other Current Assets 48,052
Total Current Assets  (as reported)518,106
Total Current Assets  (calculated)518,106
+/-0
Long-term Assets
Property Plant Equipment 6,560,814
Goodwill 176,608
Long Term Investments 151,868
Intangible Assets 1,307,314
Long-term Assets Other 137,256
Long-term Assets  (as reported)8,421,720
Long-term Assets  (calculated)8,333,860
+/- 87,860

Liabilities & Shareholders' Equity

Total Current Liabilities566,447
Long-term Liabilities7,168,051
Total Stockholder Equity1,086,883
Total Current Liabilities
Short-term Debt 255,028
Short Long Term Debt 248,878
Accounts payable 149,148
Other Current Liabilities 31,037
Total Current Liabilities  (as reported)566,447
Total Current Liabilities  (calculated)684,091
+/- 117,644
Long-term Liabilities
Long term Debt 6,032,269
Capital Lease Obligations 280,995
Long-term Liabilities Other 58,220
Long-term Liabilities  (as reported)7,168,051
Long-term Liabilities  (calculated)6,371,484
+/- 796,567
Total Stockholder Equity
Common Stock1,267
Retained Earnings -1,764,130
Accumulated Other Comprehensive Income 132,890
Other Stockholders Equity 2,585,787
Total Stockholder Equity (as reported)1,086,883
Total Stockholder Equity (calculated)955,814
+/- 131,069
Other
Capital Stock132,336
Cash and Short Term Investments 159,244
Common Stock Shares Outstanding 203,608
Current Deferred Revenue131,234
Liabilities and Stockholders Equity 8,939,826
Net Debt 6,402,898
Net Invested Capital 7,236,961
Net Working Capital -48,341
Property Plant and Equipment Gross 8,239,031
Short Long Term Debt Total 6,562,142



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-312003-12-312003-09-30
> Total Assets 
171,611
179,150
174,905
187,773
196,033
222,966
216,137
212,636
219,704
307,732
304,055
317,271
313,538
296,218
296,814
324,638
340,605
343,260
341,683
343,442
411,531
435,048
427,705
439,156
457,770
444,636
892,497
893,204
913,715
930,830
936,482
1,838,469
1,975,604
2,033,409
2,013,731
2,053,611
2,248,570
2,323,953
2,254,440
2,301,181
2,377,308
2,377,074
2,344,082
2,520,758
2,601,676
2,716,015
2,808,487
2,922,642
2,995,010
3,128,303
3,155,043
3,441,348
3,465,342
3,604,204
3,761,837
4,077,382
4,264,833
4,190,456
5,533,528
5,577,408
5,640,347
6,481,284
6,705,477
6,325,410
6,489,349
6,372,104
6,636,022
6,765,061
7,148,134
7,154,232
6,909,097
6,875,489
7,244,604
7,396,068
7,353,348
8,445,273
8,604,831
8,602,427
8,795,375
8,738,185
8,952,721
8,939,826
8,939,8268,952,7218,738,1858,795,3758,602,4278,604,8318,445,2737,353,3487,396,0687,244,6046,875,4896,909,0977,154,2327,148,1346,765,0616,636,0226,372,1046,489,3496,325,4106,705,4776,481,2845,640,3475,577,4085,533,5284,190,4564,264,8334,077,3823,761,8373,604,2043,465,3423,441,3483,155,0433,128,3032,995,0102,922,6422,808,4872,716,0152,601,6762,520,7582,344,0822,377,0742,377,3082,301,1812,254,4402,323,9532,248,5702,053,6112,013,7312,033,4091,975,6041,838,469936,482930,830913,715893,204892,497444,636457,770439,156427,705435,048411,531343,442341,683343,260340,605324,638296,814296,218313,538317,271304,055307,732219,704212,636216,137222,966196,033187,773174,905179,150171,611
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
54,596
43,014
27,930
19,295
30,091
17,204
14,940
18,268
18,963
45,935
47,560
60,905
67,096
54,975
120,761
141,193
133,117
122,963
135,804
253,625
223,253
170,793
185,813
153,680
125,108
84,793
105,688
123,240
184,648
228,220
278,339
303,576
397,347
364,964
292,295
221,074
252,229
280,514
298,083
315,490
221,610
240,073
372,779
228,346
228,277
1,081,283
257,387
331,750
305,632
416,483
458,634
442,194
452,452
479,455
479,256
502,928
388,677
425,741
501,446
503,928
527,159
499,863
524,343
557,246
518,106
518,106557,246524,343499,863527,159503,928501,446425,741388,677502,928479,256479,455452,452442,194458,634416,483305,632331,750257,3871,081,283228,277228,346372,779240,073221,610315,490298,083280,514252,229221,074292,295364,964397,347303,576278,339228,220184,648123,240105,68884,793125,108153,680185,813170,793223,253253,625135,804122,963133,117141,193120,76154,97567,09660,90547,56045,93518,96318,26814,94017,20430,09119,29527,93043,01454,59600000000000000000
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
34,691
23,626
20,528
5,921
5,958
9,061
8,110
11,887
10,329
29,761
26,412
37,711
42,116
33,614
43,049
47,279
35,279
64,521
59,899
80,187
52,048
25,234
36,064
49,506
34,267
23,166
27,516
47,090
54,609
53,850
44,964
31,397
40,663
38,046
62,133
49,158
56,227
62,373
82,811
71,173
61,914
73,694
232,646
81,112
79,586
97,972
88,622
145,635
156,224
271,008
228,978
156,360
161,465
181,390
153,645
175,050
166,266
201,537
224,921
216,851
162,971
157,225
129,636
150,096
159,244
159,244150,096129,636157,225162,971216,851224,921201,537166,266175,050153,645181,390161,465156,360228,978271,008156,224145,63588,62297,97279,58681,112232,64673,69461,91471,17382,81162,37356,22749,15862,13338,04640,66331,39744,96453,85054,60947,09027,51623,16634,26749,50636,06425,23452,04880,18759,89964,52135,27947,27943,04933,61442,11637,71126,41229,76110,32911,8878,1109,0615,9585,92120,52823,62634,69100000000000000000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,303
44
48
9
0
1,522
2,244
494
494
0
38,185
2,579
52,383
1,733
14,681
121,052
88,501
1,805
1,794
1,783
1,771
1,473
1,199
25,742
651
719
786
853
1,315
1,091
856
468
49,697
84,363
81,837
79,371
37,284
74,453
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000000074,45337,28479,37181,83784,36349,6974688561,0911,31585378671965125,7421,1991,4731,7711,7831,7941,80588,501121,05214,6811,73352,3832,57938,18504944942,2441,5220948441,303000000000000000000000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
19,576
19,027
6,927
12,840
22,891
6,156
5,645
4,894
6,630
9,833
13,707
13,804
16,026
15,229
33,629
36,134
38,558
43,632
55,155
45,871
74,673
68,766
55,367
35,903
26,677
24,150
42,213
36,265
35,364
34,091
46,175
35,811
37,077
33,137
54,038
35,247
98,847
122,794
121,411
128,456
87,500
79,092
79,509
86,156
103,886
70,286
88,553
100,412
92,265
88,562
165,257
208,725
199,099
202,889
228,048
218,853
119,106
115,314
160,222
150,123
180,581
185,414
217,414
215,351
220,010
220,010215,351217,414185,414180,581150,123160,222115,314119,106218,853228,048202,889199,099208,725165,25788,56292,265100,41288,55370,286103,88686,15679,50979,09287,500128,456121,411122,79498,84735,24754,03833,13737,07735,81146,17534,09135,36436,26542,21324,15026,67735,90355,36768,76674,67345,87155,15543,63238,55836,13433,62915,22916,02613,80413,7079,8336,6304,8945,6456,15622,89112,8406,92719,02719,57600000000000000000
       Inventory 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
7,438
0
4,473
42,436
0
0
0
0
126,567
0
51,544
92,588
66,488
62,393
36,004
34,760
0
94,024
139,560
186,414
235,515
318,292
292,690
175,268
136,201
90,199
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
53,532
54,670
110,935
129,636
129,199
90,800
90,800129,199129,636110,93554,67053,532000000000000000000000090,199136,201175,268292,690318,292235,515186,414139,56094,024034,76036,00462,39366,48892,58851,5440126,567000042,4364,47307,4380000000000000000000000000000
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
288,664
298,668
315,512
392,236
404,957
410,501
424,217
439,502
425,673
846,562
845,644
852,810
863,734
881,507
1,717,708
1,834,411
1,900,292
1,890,768
1,917,807
1,994,945
2,100,700
2,083,647
2,115,368
2,223,628
2,251,966
2,259,289
2,415,070
2,478,436
2,531,367
2,580,267
2,644,303
2,691,434
2,730,956
2,790,079
3,149,053
3,244,268
3,351,975
3,481,323
3,779,299
3,949,343
3,968,846
5,293,455
5,204,629
5,412,001
6,253,007
5,624,194
6,068,023
6,157,599
6,066,472
6,219,539
6,306,427
6,705,940
6,701,780
6,429,642
6,396,233
6,741,676
7,007,391
6,927,607
7,943,827
8,100,903
8,075,268
8,295,512
8,213,842
8,395,475
8,421,720
8,421,7208,395,4758,213,8428,295,5128,075,2688,100,9037,943,8276,927,6077,007,3916,741,6766,396,2336,429,6426,701,7806,705,9406,306,4276,219,5396,066,4726,157,5996,068,0235,624,1946,253,0075,412,0015,204,6295,293,4553,968,8463,949,3433,779,2993,481,3233,351,9753,244,2683,149,0532,790,0792,730,9562,691,4342,644,3032,580,2672,531,3672,478,4362,415,0702,259,2892,251,9662,223,6282,115,3682,083,6472,100,7001,994,9451,917,8071,890,7681,900,2921,834,4111,717,708881,507863,734852,810845,644846,562425,673439,502424,217410,501404,957392,236315,512298,668288,66400000000000000000
       Property Plant Equipment 
159,823
115,216
113,373
119,598
125,473
136,137
134,538
131,929
138,006
195,326
193,731
201,038
200,001
190,413
190,586
206,897
218,600
111,423
120,264
136,316
205,390
229,527
237,210
248,480
262,398
271,312
600,071
599,747
608,908
614,142
608,445
1,081,645
1,197,750
1,259,834
1,285,054
1,314,404
1,368,389
1,453,944
1,440,299
1,460,181
1,528,869
1,583,417
1,592,126
1,768,699
1,838,533
1,895,789
1,937,753
2,019,090
2,076,399
2,174,222
2,218,237
2,499,536
2,605,117
2,700,007
2,813,580
3,056,240
3,173,478
3,188,238
3,723,494
3,646,747
3,750,785
4,482,928
4,240,154
4,681,295
4,765,231
4,620,025
4,792,401
4,832,508
4,983,481
5,053,125
5,038,284
5,029,902
5,367,171
5,513,392
5,458,219
6,122,552
6,203,188
6,212,371
6,389,915
6,253,626
6,410,332
6,560,814
6,560,8146,410,3326,253,6266,389,9156,212,3716,203,1886,122,5525,458,2195,513,3925,367,1715,029,9025,038,2845,053,1254,983,4814,832,5084,792,4014,620,0254,765,2314,681,2954,240,1544,482,9283,750,7853,646,7473,723,4943,188,2383,173,4783,056,2402,813,5802,700,0072,605,1172,499,5362,218,2372,174,2222,076,3992,019,0901,937,7531,895,7891,838,5331,768,6991,592,1261,583,4171,528,8691,460,1811,440,2991,453,9441,368,3891,314,4041,285,0541,259,8341,197,7501,081,645608,445614,142608,908599,747600,071271,312262,398248,480237,210229,527205,390136,316120,264111,423218,600206,897190,586190,413200,001201,038193,731195,326138,006131,929134,538136,137125,473119,598113,373115,216159,823
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
12,750
12,230
7,318
30,511
30,511
30,511
8,053
8,269
8,269
8,269
7,901
8,269
8,269
8,269
8,269
8,269
8,269
8,269
8,269
8,269
8,269
8,269
8,269
8,269
8,269
8,269
8,269
8,269
8,269
8,269
8,269
8,269
8,269
8,269
8,269
8,269
8,269
8,269
38,580
100,144
99,123
98,278
109,995
61,505
61,275
60,376
60,666
62,671
68,991
76,608
75,932
74,069
73,761
74,325
60,858
59,772
59,017
58,886
139,676
157,192
176,336
177,871
176,608
176,608177,871176,336157,192139,67658,88659,01759,77260,85874,32573,76174,06975,93276,60868,99162,67160,66660,37661,27561,505109,99598,27899,123100,14438,5808,2698,2698,2698,2698,2698,2698,2698,2698,2698,2698,2698,2698,2698,2698,2698,2698,2698,2698,2698,2698,2698,2698,2698,2698,2698,2698,2697,9018,2698,2698,2698,05330,51130,51130,5117,31812,23012,7500000000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
44,523
48,929
52,331
56,614
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,850
6,899
7,988
7,810
6,997
450,245
345,032
585,861
443,447
453,268
452,212
464,892
511,899
514,286
482,036
475,495
446,837
235,982
223,360
137,370
133,398
130,555
132,304
140,562
151,583
124,362
128,976
137,906
151,868
151,868137,906128,976124,362151,583140,562132,304130,555133,398137,370223,360235,982446,837475,495482,036514,286511,899464,892452,212453,268443,447585,861345,032450,2456,9977,8107,9886,8994,85000000000000000000000000000056,61452,33148,92944,5230000000000000000000000
       Intangible Assets 
0
51,371
50,073
53,311
55,362
59,063
57,762
56,035
57,884
83,649
82,090
84,291
82,939
78,037
76,779
82,386
86,014
139,137
132,982
143,849
135,911
113,808
44,611
44,345
44,079
43,758
185,840
182,569
179,305
196,178
207,135
436,373
431,225
539,304
436,212
531,018
426,605
547,663
528,770
533,233
575,953
547,736
543,716
553,395
552,384
548,332
550,149
535,213
529,226
472,271
474,600
541,122
535,812
544,865
571,730
627,488
680,316
654,081
899,537
882,163
856,377
955,128
721,771
711,400
699,419
693,362
680,570
705,717
953,707
933,415
906,995
893,254
950,950
1,114,823
1,054,013
1,260,059
1,360,941
1,310,111
1,365,912
1,381,320
1,353,109
1,307,314
1,307,3141,353,1091,381,3201,365,9121,310,1111,360,9411,260,0591,054,0131,114,823950,950893,254906,995933,415953,707705,717680,570693,362699,419711,400721,771955,128856,377882,163899,537654,081680,316627,488571,730544,865535,812541,122474,600472,271529,226535,213550,149548,332552,384553,395543,716547,736575,953533,233528,770547,663426,605531,018436,212539,304431,225436,373207,135196,178179,305182,569185,84043,75844,07944,34544,611113,808135,911143,849132,982139,13786,01482,38676,77978,03782,93984,29182,09083,64957,88456,03557,76259,06355,36253,31150,07351,3710
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
105,855
107,105
106,633
109,528
68,842
2,034
6,807
37,561
36,029
24,446
24,327
24,823
21,710
22,797
131,065
143,327
60,152
110,166
45,771
177,874
78,280
82,262
82,955
83,126
86,101
85,591
56,490
51,940
50,416
53,377
53,062
52,494
51,511
65,102
76,560
75,025
78,227
67,329
65,462
68,185
65,063
81,881
84,778
87,453
83,718
126,659
117,701
135,277
150,256
128,509
179,224
184,522
167,342
145,404
138,896
135,580
134,436
175,970
296,294
261,235
192,742
188,696
211,843
258,953
137,256
137,256258,953211,843188,696192,742261,235296,294175,970134,436135,580138,896145,404167,342184,522179,224128,509150,256135,277117,701126,65983,71887,45384,77881,88165,06368,18565,46267,32978,22775,02576,56065,10251,51152,49453,06253,37750,41651,94056,49085,59186,10183,12682,95582,26278,280177,87445,771110,16660,152143,327131,06522,79721,71024,82324,32724,44636,02937,5616,8072,03468,842109,528106,633107,105105,85500000000000000000
> Total Liabilities 
41,243
43,662
42,807
49,872
52,783
62,147
58,684
58,207
60,445
105,642
105,189
109,175
108,231
103,280
102,840
156,534
163,909
112,723
116,229
115,359
182,038
234,564
232,012
234,742
255,786
261,367
597,470
613,450
570,616
583,484
581,481
1,191,545
1,363,115
1,454,293
1,439,546
1,504,035
1,596,929
1,636,021
1,579,253
1,629,113
1,704,821
1,711,139
1,737,006
1,898,521
1,997,769
2,153,790
2,303,888
2,402,540
2,467,348
2,656,746
2,703,327
2,940,471
2,988,328
3,118,972
3,294,867
3,599,540
3,794,175
3,740,267
4,463,566
4,532,137
4,665,804
5,521,723
5,800,348
5,635,247
5,402,872
5,756,778
5,445,003
5,667,370
6,031,459
6,083,300
6,044,499
6,024,669
6,055,206
6,035,388
5,818,939
6,876,517
6,950,637
7,116,000
7,397,779
7,370,546
7,561,132
7,734,498
7,734,4987,561,1327,370,5467,397,7797,116,0006,950,6376,876,5175,818,9396,035,3886,055,2066,024,6696,044,4996,083,3006,031,4595,667,3705,445,0035,756,7785,402,8725,635,2475,800,3485,521,7234,665,8044,532,1374,463,5663,740,2673,794,1753,599,5403,294,8673,118,9722,988,3282,940,4712,703,3272,656,7462,467,3482,402,5402,303,8882,153,7901,997,7691,898,5211,737,0061,711,1391,704,8211,629,1131,579,2531,636,0211,596,9291,504,0351,439,5461,454,2931,363,1151,191,545581,481583,484570,616613,450597,470261,367255,786234,742232,012234,564182,038115,359116,229112,723163,909156,534102,840103,280108,231109,175105,189105,64260,44558,20758,68462,14752,78349,87242,80743,66241,243
   > Total Current Liabilities 
3,033
3,001
2,491
3,561
3,952
11,243
8,045
8,095
8,402
10,874
10,598
11,157
10,013
8,778
7,788
9,164
8,016
20,326
16,466
14,608
27,315
58,175
51,304
45,039
45,053
44,221
50,137
44,645
46,850
51,236
50,989
64,416
67,997
83,044
77,341
93,181
95,043
139,828
129,799
106,822
104,307
106,051
101,427
140,252
156,457
202,035
188,666
175,227
175,456
185,170
176,633
187,208
185,807
220,370
255,314
264,083
297,927
246,844
294,926
242,503
286,534
641,500
994,418
892,781
591,816
641,353
658,619
723,569
701,757
1,036,730
1,207,149
790,734
909,020
733,527
718,242
648,210
628,829
650,824
514,216
531,708
577,964
566,447
566,447577,964531,708514,216650,824628,829648,210718,242733,527909,020790,7341,207,1491,036,730701,757723,569658,619641,353591,816892,781994,418641,500286,534242,503294,926246,844297,927264,083255,314220,370185,807187,208176,633185,170175,456175,227188,666202,035156,457140,252101,427106,051104,307106,822129,799139,82895,04393,18177,34183,04467,99764,41650,98951,23646,85044,64550,13744,22145,05345,03951,30458,17527,31514,60816,46620,3268,0169,1647,7888,77810,01311,15710,59810,8748,4028,0958,04511,2433,9523,5612,4913,0013,033
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,000
0
0
11,000
25,744
15,527
17,740
18,173
16,940
8,490
9,124
9,163
9,259
9,384
15,050
15,892
19,475
21,337
23,516
24,708
64,452
63,013
24,191
27,301
26,649
27,260
32,733
33,206
33,799
32,436
35,142
35,633
54,995
55,439
61,131
65,820
99,397
113,457
131,557
149,671
109,875
108,416
93,063
121,598
445,928
509,339
572,926
360,645
413,342
412,818
447,771
409,379
772,421
903,763
511,669
614,202
517,333
495,957
368,937
374,422
379,891
265,974
252,746
253,640
255,028
255,028253,640252,746265,974379,891374,422368,937495,957517,333614,202511,669903,763772,421409,379447,771412,818413,342360,645572,926509,339445,928121,59893,063108,416109,875149,671131,557113,45799,39765,82061,13155,43954,99535,63335,14232,43633,79933,20632,73327,26026,64927,30124,19163,01364,45224,70823,51621,33719,47515,89215,0509,3849,2599,1639,1248,49016,94018,17317,74015,52725,74411,000002,00000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
141,737
163,946
204,682
216,432
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,495,999
2,161,139
2,441,475
119,651
69,816
108,416
70,577
121,598
326,975
509,339
572,926
360,645
410,083
412,818
447,771
409,379
767,167
903,763
511,669
614,202
513,196
495,957
368,937
374,422
374,397
265,974
252,746
253,640
248,878
248,878253,640252,746265,974374,397374,422368,937495,957513,196614,202511,669903,763767,167409,379447,771412,818410,083360,645572,926509,339326,975121,59870,577108,41669,816119,6512,441,4752,161,1391,495,999000000000000000000000000000216,432204,682163,946141,7370000000000000000000000
       Accounts payable 
1,988
1,911
1,412
2,070
2,188
9,106
5,897
6,347
6,450
6,479
6,167
6,514
5,353
6,573
5,556
6,708
5,350
14,824
8,028
6,965
8,554
12,019
6,678
8,505
9,703
3
32,086
18,003
19,893
19,670
20,287
24,859
24,399
26,616
23,578
26,005
39,017
24,298
33,118
52,723
44,471
32,750
24,309
32,110
42,208
30,058
54,704
84,229
104,629
53,175
86,632
90,623
84,138
51,360
105,688
89,525
106,777
63,487
111,287
104,368
119,814
106,332
192,703
295,970
199,348
90,809
167,995
192,588
199,422
84,796
251,437
230,035
239,470
71,887
177,481
228,025
223,535
139,900
234,862
235,344
301,401
149,148
149,148301,401235,344234,862139,900223,535228,025177,48171,887239,470230,035251,43784,796199,422192,588167,99590,809199,348295,970192,703106,332119,814104,368111,28763,487106,77789,525105,68851,36084,13890,62386,63253,175104,62984,22954,70430,05842,20832,11024,30932,75044,47152,72333,11824,29839,01726,00523,57826,61624,39924,85920,28719,67019,89318,00332,08639,7038,5056,67812,0198,5546,9658,02814,8245,3506,7085,5566,5735,3536,5146,1676,4796,4506,3475,8979,1062,1882,0701,4121,9111,988
       Other Current Liabilities 
1,045
1,089
1,079
1,134
1,198
1,337
1,345
1,327
1,498
3,932
3,960
4,141
4,147
1,703
1,716
1,879
2,037
3,501
8,438
7,643
7,760
20,412
35,776
27,298
26,880
17,002
8,872
8,375
8,873
9,161
9,084
9,641
12,345
21,270
18,179
29,390
15,211
17,855
16,381
12,434
14,510
13,277
32,566
57,309
62,628
104,339
82,904
37,171
15,956
15,583
15,327
15,515
15,531
15,036
15,306
21,527
18,828
23,249
46,087
17,561
15,958
30,504
485,079
23,885
31,823
51,854
77,806
83,210
92,956
73,976
51,949
49,030
55,348
41,830
44,804
51,248
30,872
131,033
13,380
43,618
22,923
31,037
31,03722,92343,61813,380131,03330,87251,24844,80441,83055,34849,03051,94973,97692,95683,21077,80651,85431,82323,885485,07930,50415,95817,56146,08723,24918,82821,52715,30615,03615,53115,51515,32715,58315,95637,17182,904104,33962,62857,30932,56613,27714,51012,43416,38117,85515,21129,39018,17921,27012,3459,6419,0849,1618,8738,3758,87217,00226,88027,29835,77620,4127,7607,6438,4383,5012,0371,8791,7161,7034,1474,1413,9603,9321,4981,3271,3451,3371,1981,1341,0791,0891,045
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
88,952
94,726
97,706
97,701
154,446
180,709
189,703
210,733
217,145
547,333
568,805
523,766
532,248
530,492
1,127,129
1,295,118
1,371,249
1,362,205
1,410,854
1,501,886
1,496,193
1,449,454
1,522,291
1,600,514
1,605,088
1,635,579
1,758,269
1,841,312
1,951,755
2,115,222
2,227,313
2,291,892
2,471,576
2,526,694
2,753,263
2,802,521
2,898,602
3,039,553
3,335,457
3,496,248
3,493,423
4,168,640
4,289,634
4,379,270
4,880,223
4,805,930
4,742,466
4,811,056
5,115,425
4,786,384
4,943,801
5,329,702
5,046,570
4,837,350
5,233,935
5,146,186
5,301,861
5,100,697
6,228,307
6,321,808
6,465,176
6,883,563
6,838,838
6,983,168
7,168,051
7,168,0516,983,1686,838,8386,883,5636,465,1766,321,8086,228,3075,100,6975,301,8615,146,1865,233,9354,837,3505,046,5705,329,7024,943,8014,786,3845,115,4254,811,0564,742,4664,805,9304,880,2234,379,2704,289,6344,168,6403,493,4233,496,2483,335,4573,039,5532,898,6022,802,5212,753,2632,526,6942,471,5762,291,8922,227,3132,115,2221,951,7551,841,3121,758,2691,635,5791,605,0881,600,5141,522,2911,449,4541,496,1931,501,8861,410,8541,362,2051,371,2491,295,1181,127,129530,492532,248523,766568,805547,333217,145210,733189,703180,709154,44697,70197,70694,72688,95200000000000000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-2,000
0
0
-11,000
-25,744
-15,527
-17,740
-18,173
-16,940
-8,490
-9,124
-9,163
-9,259
-9,384
-15,050
-15,892
-19,475
-21,337
-23,516
-24,708
-64,452
-63,013
-24,191
-27,301
-26,649
-27,260
-32,733
-33,206
-33,799
-32,436
-35,142
-35,633
-54,995
-55,439
-61,131
-65,820
-99,397
-113,457
-131,557
-149,671
-109,875
-108,416
-93,063
-121,598
-445,928
-509,339
-572,926
-360,645
-293,554
-412,818
-447,771
-409,379
-599,614
-903,763
-511,669
-614,202
-360,224
-495,957
-368,937
-374,422
-114,064
-265,974
-252,746
-253,640
25,967
25,967-253,640-252,746-265,974-114,064-374,422-368,937-495,957-360,224-614,202-511,669-903,763-599,614-409,379-447,771-412,818-293,554-360,645-572,926-509,339-445,928-121,598-93,063-108,416-109,875-149,671-131,557-113,457-99,397-65,820-61,131-55,439-54,995-35,633-35,142-32,436-33,799-33,206-32,733-27,260-26,649-27,301-24,191-63,013-64,452-24,708-23,516-21,337-19,475-15,892-15,050-9,384-9,259-9,163-9,124-8,490-16,940-18,173-17,740-15,527-25,744-11,00000-2,00000000000000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
244,149
270,540
282,693
32,455
323,394
361,625
388,676
40,874
370,575
406,271
418,303
45,651
384,319
415,998
425,227
30,677
475,670
489,443
484,191
58,220
58,220484,191489,443475,67030,677425,227415,998384,31945,651418,303406,271370,57540,874388,676361,625323,39432,455282,693270,540244,14900000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
123,182
127,708
124,481
130,124
135,060
152,086
148,919
145,643
150,184
192,665
189,156
197,461
194,636
182,470
182,524
154,981
162,637
230,531
225,448
228,077
228,030
199,027
195,512
204,323
201,984
183,269
295,027
279,754
343,099
347,346
352,658
529,969
490,970
464,717
460,904
439,105
541,653
580,321
570,551
588,139
588,196
584,506
543,131
562,341
547,804
514,814
471,103
486,712
501,388
449,650
431,779
478,848
463,779
470,520
455,871
457,603
450,673
435,269
754,740
711,057
659,496
629,792
599,586
604,246
636,357
604,384
1,171,422
1,084,685
1,047,437
1,008,854
806,324
793,356
1,131,407
1,093,112
1,274,534
1,324,417
1,399,235
1,316,195
1,239,824
1,222,508
1,254,711
1,086,883
1,086,8831,254,7111,222,5081,239,8241,316,1951,399,2351,324,4171,274,5341,093,1121,131,407793,356806,3241,008,8541,047,4371,084,6851,171,422604,384636,357604,246599,586629,792659,496711,057754,740435,269450,673457,603455,871470,520463,779478,848431,779449,650501,388486,712471,103514,814547,804562,341543,131584,506588,196588,139570,551580,321541,653439,105460,904464,717490,970529,969352,658347,346343,099279,754295,027183,269201,984204,323195,512199,027228,030228,077225,448230,531162,637154,981182,524182,470194,636197,461189,156192,665150,184145,643148,919152,086135,060130,124124,481127,708123,182
   Common Stock
125,242
130,630
129,363
136,056
143,699
162,854
162,005
159,865
168,412
212,753
212,334
222,046
222,345
212,772
214,446
234,826
250,197
230,531
225,448
228,077
228,030
199,027
229,472
229,472
229,472
294,374
414,249
395,104
408,734
1
5,896
1
1
1
1
1
119,590
120,500
123,521
1
4,749
10,374
12,515
56,282
59,263
62,224
66,473
68,762
108,041
108,541
109,267
160,071
161,931
162,862
165,557
95
1,294
2,867
335,593
1,040
4,273
6,546
9,764
10,823
55,359
97,215
754,898
1
2,536
4,185
9,843
6,400
366,348
360,936
563,057
1
242
485
2,924
1
941
1,267
1,26794112,9244852421563,057360,936366,3486,4009,8434,1852,5361754,89897,21555,35910,8239,7646,5464,2731,040335,5932,8671,29495165,557162,862161,931160,071109,267108,541108,04168,76266,47362,22459,26356,28212,51510,3744,7491123,521120,500119,590111115,8961408,734395,104414,249294,374229,472229,472229,472199,027228,030228,077225,448230,531250,197234,826214,446212,772222,345222,046212,334212,753168,412159,865162,005162,854143,699136,056129,363130,630125,242
   Retained Earnings Total Equity0000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
175
175
-36,220
-27,800
-30,530
-49,636
70
67
0
0
238
239
232
228
229
223
238
241
239
235
243
244
241
249
236
-15
-1,350
6,587
-1,783
-1,576
-10,400
-14,969
-16,485
-1,743
-2,200
3,322
9,291
9,929
30,781
26,245
-12,376
-35,513
-33,103
-15,064
-15,900
-15,231
-18,681
-69,020
-86,564
-111,696
-67,074
-85,448
-55,529
-50,624
5,119
119,894
208,395
196,670
172,209
173,101
232,455
132,890
132,890232,455173,101172,209196,670208,395119,8945,119-50,624-55,529-85,448-67,074-111,696-86,564-69,020-18,681-15,231-15,900-15,064-33,103-35,513-12,37626,24530,7819,9299,2913,322-2,200-1,743-16,485-14,969-10,400-1,576-1,7836,587-1,350-15236249241244243235239241238223229228232239238006770-49,636-30,530-27,800-36,22017517500000000000000000000
   Capital Surplus 0000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock0000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-1,593
3,881
2,307
2,746
32,140
2,260
2,651
3,042
232,905
422,968
423,043
0
0
461,911
658,612
658,696
658,982
659,095
659,205
776,586
659,132
659,218
787,504
787,578
787,628
787,694
787,759
787,816
787,872
787,836
787,890
783,230
779,464
779,484
779,505
779,457
779,489
779,513
945,997
945,438
942,637
936,648
1,276,553
1,276,568
1,276,580
1,272,338
1,272,358
1,272,086
1,271,180
1,270,549
2,024,452
2,023,367
2,029,258
2,023,462
2,024,049
2,024,742
2,025,359
2,021,460
2,582,956
2,583,912
2,583,992
2,582,136
2,584,279
2,585,283
2,585,787
2,585,7872,585,2832,584,2792,582,1362,583,9922,583,9122,582,9562,021,4602,025,3592,024,7422,024,0492,023,4622,029,2582,023,3672,024,4521,270,5491,271,1801,272,0861,272,3581,272,3381,276,5801,276,5681,276,553936,648942,637945,438945,997779,513779,489779,457779,505779,484779,464783,230787,890787,836787,872787,816787,759787,694787,628787,578787,504659,218659,132776,586659,205659,095658,982658,696658,612461,91100423,043422,968232,9053,0422,6512,26032,1402,7462,3073,881-1,59300000000000000000



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in CAD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue969,890
Cost of Revenue--71,684
Gross Profit1,041,5741,041,574
 
Operating Income (+$)
Gross Profit1,041,574
Operating Expense-701,366
Operating Income219,575340,208
 
Operating Expense (+$)
Research Development27,162
Selling General Administrative69,242
Selling And Marketing Expenses-
Operating Expense701,36696,404
 
Net Interest Income (+$)
Interest Income7,494
Interest Expense-322,105
Other Finance Cost-26,281
Net Interest Income-340,892
 
Pretax Income (+$)
Operating Income219,575
Net Interest Income-340,892
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-152,727371,618
EBIT - interestExpense = 8,799
-145,364
223,654
Interest Expense322,105
Earnings Before Interest and Taxes (EBIT)330,904169,378
Earnings Before Interest and Taxes (EBITDA)692,196
 
After tax Income (+$)
Income Before Tax-152,727
Tax Provision--46,913
Net Income From Continuing Ops-105,814-105,814
Net Income-98,451
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses629,682
Total Other Income/Expenses Net-152,043340,892
 

Technical Analysis of Innergex
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Innergex. The general trend of Innergex is BEARISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Innergex's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-100.0%) Bearish trend (100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Innergex Renewable Energy Inc..

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 6.48 < 6.9036 < 7.08.

The bearish price targets are: 5.26.

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Innergex Renewable Energy Inc. Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Innergex Renewable Energy Inc.. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Innergex Renewable Energy Inc. Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Innergex Renewable Energy Inc.. The current macd is -0.08052648.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Innergex price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Innergex. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Innergex price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Innergex Renewable Energy Inc. Daily Moving Average Convergence/Divergence (MACD) ChartInnergex Renewable Energy Inc. Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Innergex Renewable Energy Inc.. The current adx is 13.49.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Innergex shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Innergex Renewable Energy Inc. Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Innergex Renewable Energy Inc.. The current sar is 6.36788695.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Innergex Renewable Energy Inc. Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Innergex Renewable Energy Inc.. The current rsi is 49.40. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Innergex Renewable Energy Inc. Daily Relative Strength Index (RSI) ChartInnergex Renewable Energy Inc. Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Innergex Renewable Energy Inc.. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Innergex price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Innergex Renewable Energy Inc. Daily Stochastic Oscillator ChartInnergex Renewable Energy Inc. Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Innergex Renewable Energy Inc.. The current cci is -30.42234392.

Innergex Renewable Energy Inc. Daily Commodity Channel Index (CCI) ChartInnergex Renewable Energy Inc. Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Innergex Renewable Energy Inc.. The current cmo is 4.10987791.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Innergex Renewable Energy Inc. Daily Chande Momentum Oscillator (CMO) ChartInnergex Renewable Energy Inc. Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Innergex Renewable Energy Inc.. The current willr is -57.14285714.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Innergex is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Innergex Renewable Energy Inc. Daily Williams %R ChartInnergex Renewable Energy Inc. Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Innergex Renewable Energy Inc..

Innergex Renewable Energy Inc. Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Innergex Renewable Energy Inc.. The current atr is 0.14864473.

Innergex Renewable Energy Inc. Daily Average True Range (ATR) ChartInnergex Renewable Energy Inc. Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Innergex Renewable Energy Inc.. The current obv is -600,856.

Innergex Renewable Energy Inc. Daily On-Balance Volume (OBV) ChartInnergex Renewable Energy Inc. Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Innergex Renewable Energy Inc.. The current mfi is 13.90.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -2/(-2 +2).

  • MFI < 50: -1
  • MFI < 20: -1
Innergex Renewable Energy Inc. Daily Money Flow Index (MFI) ChartInnergex Renewable Energy Inc. Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Innergex Renewable Energy Inc..

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-21DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-08CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-11BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-12STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-26STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-27MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-28MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-03DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-05DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-08STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-10MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-17STOCH SHORT EXITThe %K line crosses above the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-24DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-26WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-29CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-30STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-31DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-12STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-13ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-15RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-20ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-22SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-23MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-28CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-29WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-14CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-18WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-19DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-21MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-25CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-27DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside

6.3. Candlestick Patterns

Innergex Renewable Energy Inc. Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Innergex Renewable Energy Inc. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.404
Ma 20Greater thanMa 506.066
Ma 50Greater thanMa 1006.167
Ma 100Greater thanMa 2006.525
OpenGreater thanClose5.980
Total0/5 (0.0%)
Penke

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