Ormat Technologies Balance Sheet Health
Financial Health criteria checks 1/6
Ormat Technologies has a total shareholder equity of $2.5B and total debt of $2.4B, which brings its debt-to-equity ratio to 95.3%. Its total assets and total liabilities are $5.5B and $3.0B respectively. Ormat Technologies's EBIT is $169.6M making its interest coverage ratio 1.8. It has cash and short-term investments of $201.5M.
Key information
95.3%
Debt to equity ratio
US$2.37b
Debt
Interest coverage ratio | 1.8x |
Cash | US$201.51m |
Equity | US$2.49b |
Total liabilities | US$3.03b |
Total assets | US$5.52b |
Recent financial health updates
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 31Is Ormat Technologies (NYSE:ORA) Using Too Much Debt?
Aug 16Is Ormat Technologies (NYSE:ORA) Using Too Much Debt?
Apr 05Recent updates
Shareholders 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 14Returns On Capital Signal Tricky Times Ahead For Ormat Technologies (NYSE:ORA)
Nov 02Is Ormat Technologies (NYSE:ORA) Using Too Much Debt?
Aug 16Ormat Technologies goes ex-dividend tomorrow
Aug 15Ormat: Nice Growth Story, But Shares Are A Little Bit Expensive
Aug 01The Returns On Capital At Ormat Technologies (NYSE:ORA) Don't Inspire Confidence
Jul 26Ormat Technologies: A Cleaner And Profitable Future
Apr 26Ormat Technologies (NYSE:ORA) Is Reinvesting At Lower Rates Of Return
Apr 25Is Ormat Technologies (NYSE:ORA) Using Too Much Debt?
Apr 05Financial Position Analysis
Short Term Liabilities: ORA's short term assets ($609.2M) exceed its short term liabilities ($546.3M).
Long Term Liabilities: ORA's short term assets ($609.2M) do not cover its long term liabilities ($2.5B).
Debt to Equity History and Analysis
Debt Level: ORA's net debt to equity ratio (87.2%) is considered high.
Reducing Debt: ORA's debt to equity ratio has increased from 84.6% to 95.3% over the past 5 years.
Debt Coverage: ORA's debt is not well covered by operating cash flow (15.5%).
Interest Coverage: ORA's interest payments on its debt are not well covered by EBIT (1.8x coverage).