Shlomi Argas - Ormat Technologies Executive Vice President - Projects

ORA Stock   24,200  110.00  0.46%   

President

Mr. Shlomi Argas is the Executive Vice PresidentOperations and Products since January 1, 2018. From 2014 to 2017, Mr. Argas served as our Executive Vice PresidentProjects and was responsible for management of Geodrill, our drilling company. From 2009 until 2014, Mr. Argas served as our Vice President responsible for management of geothermal projects and Recovered Energy Generation projects. From 2006 to 2009, Mr. Argas served as Manager of the REG Projects Department, responsible for the design and installation of REG power plants. From 1994 to 2006, Mr. Argas served in our Product Engineering Department as a Product Engineer since 2018.
Age 58
Tenure 6 years
Phone775 356 9029
Webhttps://www.ormat.com
Argas earned a BS in Mechanical Engineering from BenGurion University in 1992 and a Certificate from the Technology Institute of Management, Executive Management Program.

Ormat Technologies Management Efficiency

The company has return on total asset (ROA) of 0.0252 % which means that it generated a profit of $0.0252 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0401 %, meaning that it generated $0.0401 on every $100 dollars invested by stockholders. Ormat Technologies' management efficiency ratios could be used to measure how well Ormat Technologies manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 1.52 B in total debt with debt to equity ratio (D/E) of 87.3, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Ormat Technologies has a current ratio of 1.54, which is within standard range for the sector. Debt can assist Ormat Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Ormat Technologies' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ormat Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ormat to invest in growth at high rates of return. When we think about Ormat Technologies' use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

PRESIDENT Age

Ronen TovMeitav Dash Investments
51
Sharon YehudaBezeq Israeli Telecommunication
45
Assaf EzraMeitav Dash Investments
41
Johay AbtanAura Investments
46
Allon RavehBezeq Israeli Telecommunication
44
Roy MizrahiMeitav Dash Investments
N/A
Shlomit LevyMeitav Dash Investments
56
Levi ShtreslerAura Investments
47
Einat RomMeitav Dash Investments
49
Danny OzBezeq Israeli Telecommunication
60
Itamar HarelBezeq Israeli Telecommunication
45
Amir NachlieliBezeq Israeli Telecommunication
56
Vadim ShubSkyline Investments
43
Irena ShayvichAura Investments
46
Gil RosenBezeq Israeli Telecommunication
45
Yaakov ZanoBezeq Israeli Telecommunication
46
Eran SafronubitzMeitav Dash Investments
40
Yali RothenbergBezeq Israeli Telecommunication
42
Robert WaxmanSkyline Investments
45
Yakov PazBezeq Israeli Telecommunication
53
Hagai OrenMeitav Dash Investments
45
Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guatemala, New Zealand, and internationally. Ormat Technologies, Inc. was founded in 1965 and is based in Reno, Nevada. ORMAT TECHNOLOGIES operates under Utilities - Independent Power Producers classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 1346 people. Ormat Technologies (ORA) is traded on Tel Aviv Stock Exchange in Israel and employs 1,385 people.

Management Performance

Ormat Technologies Leadership Team

Elected by the shareholders, the Ormat Technologies' board of directors comprises two types of representatives: Ormat Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ormat. The board's role is to monitor Ormat Technologies' management team and ensure that shareholders' interests are well served. Ormat Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ormat Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.
Ravit Barniv, Independent Director
Ami Boehm, Independent Director
Nir Wolf, Executive VP of Market Devel.
Shlomi Argas, Executive Vice President - Projects
Ofer Benyosef, Exec Devel
Stanley Stern, Independent Director
Erez Klein, Executive Vice President - Production
Robert Joyal, Independent Director
Dan Falk, Independent Director
Bob Sullivan, Executive Vice President of Sales and Marketing and Business Development
Doron Blachar, Chief Officer
Robert Clarke, Independent Director
Todd Freeland, Chairman of the Board
Jessica Woelfel, Chief Counsel
Etty Rosner, Senior Vice President - Contract Management, Corporate Secretary
Zvi Krieger, Executive VP of Electricity Segment
Byron Wong, Independent Director
Yuichi Nishigori, Director
Gilon Beck, Independent Chairman of the Board
Isaac Angel, CEO
Stan Koyanagi, Director
Assaf Ginzburg, Chief Officer
Smadar Lavi, IR Contact Officer
Hezi Kattan, Chief Compliance Officer, General Counsel
Shimon Hatzir, Executive VP of Engineering
David Granot, Independent Director
Dafna Sharir, Independent Director
Liza Tavori, VP HR
Gillon Beck, Chairman of the Board

Ormat Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Ormat Technologies a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Ormat Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ormat Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ormat Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ormat Technologies Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ormat Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Ormat Stock refer to our How to Trade Ormat Stock guide.
Note that the Ormat Technologies information on this page should be used as a complementary analysis to other Ormat Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

Complementary Tools for Ormat Stock analysis

When running Ormat Technologies' price analysis, check to measure Ormat Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ormat Technologies is operating at the current time. Most of Ormat Technologies' value examination focuses on studying past and present price action to predict the probability of Ormat Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ormat Technologies' price. Additionally, you may evaluate how the addition of Ormat Technologies to your portfolios can decrease your overall portfolio volatility.
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Equity Valuation
Check real value of public entities based on technical and fundamental data
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Transaction History
View history of all your transactions and understand their impact on performance
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Please note, there is a significant difference between Ormat Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ormat Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ormat Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.