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
Ormat Technologies (NYSE:ORA) Seems To Be Using A Lot Of Debt
Aug 03
These 4 Measures Indicate That Ormat Technologies (NYSE:ORA) Is Using Debt Extensively
Mar 22These 4 Measures Indicate That Ormat Technologies (NYSE:ORA) Is Using Debt Extensively
Aug 31Recent updates
Ormat Technologies (NYSE:ORA) Might Be Having Difficulty Using Its Capital Effectively
Dec 05Ormat Technologies: Growth Prospects Outpaced By Overvaluation
Nov 08Is Ormat Technologies, Inc. (NYSE:ORA) Trading At A 34% Discount?
Nov 08With EPS Growth And More, Ormat Technologies (NYSE:ORA) Makes An Interesting Case
Oct 18Ormat Technologies, Inc.'s (NYSE:ORA) Shareholders Might Be Looking For Exit
Sep 06Ormat Technologies (NYSE:ORA) Seems To Be Using A Lot Of Debt
Aug 03Ormat Technologies: Risk/Reward Skewed To The Downside On Starting Valuations
Aug 03Ormat Technologies (NYSE:ORA) Could Be Struggling To Allocate Capital
Jul 16If EPS Growth Is Important To You, Ormat Technologies (NYSE:ORA) Presents An Opportunity
Jun 28Earnings Not Telling The Story For Ormat Technologies, Inc. (NYSE:ORA)
May 22Shareholders May Find It Hard To Justify Increasing Ormat Technologies, Inc.'s (NYSE:ORA) CEO Compensation For Now
May 02These 4 Measures Indicate That Ormat Technologies (NYSE:ORA) Is Using Debt Extensively
Mar 22Ormat Technologies: An Expensive Vertically Integrated Gem
Mar 09The Price Is Right For Ormat Technologies, Inc. (NYSE:ORA)
Feb 06Here's What's Concerning About Ormat Technologies' (NYSE:ORA) Returns On Capital
Jan 08Ormat Technologies: EGS Could Provide Unexpected Upside
Oct 31Ormat Technologies: High Earnings Not As Attractive Compared To Capital Required To Grow
Oct 04Ormat Technologies (NYSE:ORA) Could Be Struggling To Allocate Capital
Sep 26These 4 Measures Indicate That Ormat Technologies (NYSE:ORA) Is Using Debt Extensively
Aug 31Ormat Technologies: Promising Future, But Valuation Is Worrying
Jun 09The Returns On Capital At Ormat Technologies (NYSE:ORA) Don't Inspire Confidence
May 13Ormat Technologies Q4 2022 Earnings Preview
Feb 21Massif Capital - Ormat Technologies: Keep An Eye Out For A Catalyst
Feb 01Ormat secures financing for Ijen geothermal power plant
Jan 12Ormat Technologies goes ex dividend tomorrow
Nov 14Financial Position Analysis
Short Term Liabilities: ORA's short term assets ($537.5M) do not cover its short term liabilities ($566.3M).
Long Term Liabilities: ORA's short term assets ($537.5M) do not cover its long term liabilities ($2.5B).
Debt to Equity History and Analysis
Debt Level: ORA's net debt to equity ratio (91.3%) is considered high.
Reducing Debt: ORA's debt to equity ratio has increased from 81.3% to 94.8% over the past 5 years.
Debt Coverage: ORA's debt is not well covered by operating cash flow (16.4%).
Interest Coverage: ORA's interest payments on its debt are not well covered by EBIT (1.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 02:32 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ormat Technologies, Inc. is covered by 30 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jinming Liu | Ardour Capital Investments, LLC |
| J. Horwitz | Baird |
| Ella Fried | Bank Leumi Le-Israel BM |