Companies: 10,795·Total market cap: $144.5T
Boralex Inc.

Boralex Inc.

BLX.TOTSXUtilities● Active
$36.81
$-0.03(-0.08%)
Market Cap$3.8B
P/E Ratio—
52W High$37.05
52W Low$23.48
Cash on HandFinancialsRevenue

Boralex Inc. (BLX.TO) Cash on Hand — Cash & Short-Term Investments

Cash & cash equivalents plus short-term investments from the balance sheet, YoY change, and net cash vs debt context.

BLX.TO · cash on hand · updated Dec 31, 2025

Core cash position

Cash & Short-Term Investments (CCE + ST Investments)
$343.0M▼ -42.1% vs prior year
FY · as of Dec 31, 2025 · Reported in CAD
Cash & Cash Equiv. (CCE)
$343.0M
cashAndCashEquivalents
Short-Term Investments
$0
shortTermInvestments
YoY Change vs Prior Year
-42.1%
vs prior fiscal year
Latest Quarter
$390.0M
Q1 2026
Data Scope & Methodology

Cash on Hand = Cash & Cash Equivalents (CCE) + Short-Term Investments, as reported on the balance sheet (10-K/10-Q). Also referred to as cash reserves or cash position. Not free cash flow.

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · Reported in CAD

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · USDUpdated: December 31, 2025

Net cash vs debt

Cash & ST Investments$343.0MCash on Hand
Total Debt$4.98BTotal Debt
Net Cash / Net Debt−$4.64BNet Debt Position
Cash vs Debt Ratio
Cash 6%Debt 94%

Boralex Inc. carries a net debt position of $4.64B. Total debt ($4.98B) exceeds cash on hand ($343.0M). Boralex Inc. cash vs debt ratio: 6% cash / 94% debt.

Net Cash = Cash & ST Investments − Total Debt$343.0M − $4.98B = −$4.64B

Cash on hand history

YoY Increase
YoY Decrease
Latest Year
BLX.TO annual cash on hand history · Cash & Short-Term Investments · Source: FMP /balance-sheet-statement

Annual cash on hand by year

DateCash & ST InvestmentsYoY Change
Dec 31, 2025Latest$343.0M-42.1%
Dec 31, 2024$592.0M+23.8%
Dec 31, 2023$478.0M+32.4%
Dec 31, 2022$361.0M+39.4%
Dec 31, 2021$259.0M-5.8%
BLX.TO cash on hand annual historical data · Cash & Short-Term Investments per balance sheet (10-K/10-Q) · Reported in USD · Source: FMP /balance-sheet-statement

Utilities Sector Cash Reserves Comparison

#CompanyCash & ST Inv.Cash/MCap
#1
GE Vernova Inc.
GE Vernova Inc.
GEV
$8.85B3.5%#2
NextEra Energy, Inc.
NextEra Energy, Inc.
NEE
$2.81B1.6%#3
The Southern Company
The Southern Company
SO
$1.64B1.6%
#4
Boralex Inc.
Boralex Inc.YOU
BLX.TO
$343.0M9.1%
#5
Duke Energy Corporation
Duke Energy Corporation
DUK
$245.0M0.3%
Utilities sector cash reserves · Source: FMP /balance-sheet-statement + /profile · Sorted by Cash desccompanies with most cash on hand →

About cash on hand & methodology

Boralex Inc. (BLX.TO) cash on hand as of December 31, 2025 is $343.0M, comprising $343.0M in cash and cash equivalents (CCE) plus $0 in short-term investments — reported as Boralex Inc. cash and short-term investments on the balance sheet (10-K filing). Also referred to as Boralex Inc. cash reserves or cash position.

Boralex Inc. annual cash on hand history shows decreased -42.1% in 2025: decreased -42.1% in 2025. Boralex Inc. cash reserves in 2025 reflect the company's capital allocation strategy.

Boralex Inc. carries total debt of $4.98B against cash of $343.0M, resulting in a net debt position of -$4.64B. For the full balance sheet, see the Financials → Balance Sheet tab.

Figures tie to SEC 10-K/10-Q balance sheet disclosures and FMP /balance-sheet-statement where noted.
Financial statementsFree cash flowNet incomeRevenueMarket capP/E ratioEarningsPrice history

Frequently asked questions

BLX.TO cash on hand · 5 questions

As of December 31, 2025, Boralex Inc. (BLX.TO) has $343,000,000 in cash on hand — defined as cash and short-term investments on the balance sheet. This includes $343,000,000 in cash and cash equivalents (CCE) plus $0 in short-term investments. Latest quarter (March 31, 2026): $390,000,000. Data sourced from the annual 10-K filing via FMP.

BLX.TO cash on handBLX.TO cash reservesBLX.TO cash 2025how much cash does BLX.TO have

▸ Source: FMP /balance-sheet-statement · US GAAP · Boralex Inc. · Boralex Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: December 31, 2025