Ormat Technologies Balance Sheet Health
Financial Health criteria checks 0/6
Ormat Technologies has a total shareholder equity of $2.5B and total debt of $2.4B, which brings its debt-to-equity ratio to 94.8%. Its total assets and total liabilities are $5.6B and $3.1B respectively. Ormat Technologies's EBIT is $180.0M making its interest coverage ratio 1.5. It has cash and short-term investments of $88.5M.
Key information
94.8%
Debt to equity ratio
US$2.39b
Debt
| Interest coverage ratio | 1.5x |
| Cash | US$88.50m |
| Equity | US$2.52b |
| Total liabilities | US$3.07b |
| Total assets | US$5.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ORAT's short term assets ($537.5M) do not cover its short term liabilities ($566.3M).
Long Term Liabilities: ORAT's short term assets ($537.5M) do not cover its long term liabilities ($2.5B).
Debt to Equity History and Analysis
Debt Level: ORAT's net debt to equity ratio (91.3%) is considered high.
Reducing Debt: ORAT's debt to equity ratio has increased from 81.3% to 94.8% over the past 5 years.
Debt Coverage: ORAT's debt is not well covered by operating cash flow (16.4%).
Interest Coverage: ORAT's interest payments on its debt are not well covered by EBIT (1.5x coverage).