Ormat Technologies Balance Sheet Health
Financial Health criteria checks 2/6
Ormat Technologies has a total shareholder equity of $2.5B and total debt of $2.1B, which brings its debt-to-equity ratio to 85.5%. Its total assets and total liabilities are $5.2B and $2.8B respectively. Ormat Technologies's EBIT is $168.9M making its interest coverage ratio 1.9. It has cash and short-term investments of $195.8M.
Key information
85.5%
Debt to equity ratio
US$2.10b
Debt
Interest coverage ratio | 1.9x |
Cash | US$195.81m |
Equity | US$2.45b |
Total liabilities | US$2.76b |
Total assets | US$5.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0KDH's short term assets ($646.0M) exceed its short term liabilities ($537.0M).
Long Term Liabilities: 0KDH's short term assets ($646.0M) do not cover its long term liabilities ($2.2B).
Debt to Equity History and Analysis
Debt Level: 0KDH's net debt to equity ratio (77.5%) is considered high.
Reducing Debt: 0KDH's debt to equity ratio has reduced from 87.2% to 85.5% over the past 5 years.
Debt Coverage: 0KDH's debt is not well covered by operating cash flow (14.8%).
Interest Coverage: 0KDH's interest payments on its debt are not well covered by EBIT (1.9x coverage).