Ormat Income Statement Research

ORA Stock  USD 64.99  0.18  0.28%   
Most accounts from Ormat Technologies' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ormat Technologies current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Ormat Technologies Valuation and Ormat Technologies Correlation analysis.
For information on how to trade Ormat Stock refer to our How to Trade Ormat Stock guide.
  
At present, Ormat Technologies' Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 121.9 M, whereas Total Revenue is forecasted to decline to about 516.5 M.
Most accounts from Ormat Technologies' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ormat Technologies current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Ormat Technologies Valuation and Ormat Technologies Correlation analysis.
For information on how to trade Ormat Stock refer to our How to Trade Ormat Stock guide.At present, Ormat Technologies' Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 121.9 M, whereas Total Revenue is forecasted to decline to about 516.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit264.3M268.8M264.0M178.3M
Total Revenue663.1M734.2M829.4M516.5M

Ormat Technologies income statement Correlations

0.890.680.60.710.220.570.40.880.690.760.440.160.420.06-0.010.770.31-0.660.27-0.120.350.24-0.44-0.820.88
0.890.680.550.740.320.570.380.830.730.690.360.050.340.1-0.030.550.53-0.630.18-0.010.00.08-0.28-0.690.66
0.680.680.950.980.350.460.240.640.980.910.520.250.470.230.250.750.55-0.050.42-0.19-0.10.5-0.46-0.310.49
0.60.550.950.870.450.480.00.610.860.860.670.430.610.290.270.790.40.030.58-0.4-0.070.65-0.51-0.260.44
0.710.740.980.870.260.40.390.631.00.920.40.160.350.220.210.730.61-0.10.29-0.05-0.080.41-0.39-0.360.53
0.220.320.350.450.260.77-0.280.560.270.160.810.380.860.01-0.040.130.27-0.320.81-0.62-0.20.06-0.510.050.03
0.570.570.460.480.40.77-0.170.890.420.280.660.030.73-0.17-0.020.330.2-0.680.6-0.550.130.07-0.61-0.330.37
0.40.380.240.00.39-0.28-0.170.130.380.42-0.23-0.18-0.310.3-0.030.250.36-0.22-0.390.670.270.03-0.1-0.350.38
0.880.830.640.610.630.560.890.130.620.590.620.110.65-0.06-0.020.620.29-0.760.49-0.380.270.18-0.59-0.650.71
0.690.730.980.861.00.270.420.380.620.890.380.110.350.190.210.690.62-0.10.28-0.05-0.10.38-0.4-0.330.49
0.760.690.910.860.920.160.280.420.590.890.450.350.370.340.180.90.51-0.090.32-0.090.050.56-0.34-0.50.67
0.440.360.520.670.40.810.66-0.230.620.380.450.760.970.270.20.550.16-0.230.95-0.750.150.48-0.53-0.250.36
0.160.050.250.430.160.380.03-0.180.110.110.350.760.650.50.280.460.020.20.73-0.580.160.54-0.11-0.190.25
0.420.340.470.610.350.860.73-0.310.650.350.370.970.650.030.130.460.15-0.290.97-0.810.110.29-0.51-0.20.33
0.060.10.230.290.220.01-0.170.3-0.060.190.340.270.50.030.390.290.140.250.070.110.130.72-0.11-0.140.04
-0.01-0.030.250.270.21-0.04-0.02-0.03-0.020.210.180.20.280.130.390.21-0.110.220.16-0.090.230.510.24-0.06-0.05
0.770.550.750.790.730.130.330.250.620.690.90.550.460.460.290.210.17-0.170.43-0.290.340.62-0.36-0.640.81
0.310.530.550.40.610.270.20.360.290.620.510.160.020.150.14-0.110.17-0.070.110.0-0.460.08-0.21-0.060.08
-0.66-0.63-0.050.03-0.1-0.32-0.68-0.22-0.76-0.1-0.09-0.230.2-0.290.250.22-0.17-0.07-0.10.09-0.40.250.330.64-0.53
0.270.180.420.580.290.810.6-0.390.490.280.320.950.730.970.070.160.430.11-0.1-0.870.070.34-0.44-0.110.26
-0.12-0.01-0.19-0.4-0.05-0.62-0.550.67-0.38-0.05-0.09-0.75-0.58-0.810.11-0.09-0.290.00.09-0.87-0.07-0.260.320.1-0.18
0.350.0-0.1-0.07-0.08-0.20.130.270.27-0.10.050.150.160.110.130.230.34-0.46-0.40.07-0.070.25-0.26-0.540.57
0.240.080.50.650.410.060.070.030.180.380.560.480.540.290.720.510.620.080.250.34-0.260.25-0.36-0.240.23
-0.44-0.28-0.46-0.51-0.39-0.51-0.61-0.1-0.59-0.4-0.34-0.53-0.11-0.51-0.110.24-0.36-0.210.33-0.440.32-0.26-0.360.18-0.34
-0.82-0.69-0.31-0.26-0.360.05-0.33-0.35-0.65-0.33-0.5-0.25-0.19-0.2-0.14-0.06-0.64-0.060.64-0.110.1-0.54-0.240.18-0.89
0.880.660.490.440.530.030.370.380.710.490.670.360.250.330.04-0.050.810.08-0.530.26-0.180.570.23-0.34-0.89
Click cells to compare fundamentals

Ormat Technologies Account Relationship Matchups

Ormat Technologies income statement Accounts

201920202021202220232024 (projected)
Interest Expense80.4M78.0M82.7M87.7M116.1M121.9M
Total Revenue746.0M705.3M663.1M734.2M829.4M516.5M
Gross Profit269.3M276.3M264.3M268.8M264.0M178.3M
Operating Income68.3M65.5M17.7M24.1M171.6M180.1M
Ebit68.3M65.5M17.7M24.1M171.6M180.1M
Research Development4.6M5.4M4.1M5.1M7.2M4.8M
Ebitda217.1M222.1M200.7M222.9M402.5M422.6M
Cost Of Revenue476.7M429.1M398.7M465.3M565.4M338.2M
Income Before Tax137.3M168.7M103.6M95.6M139.1M146.0M
Net Income88.1M85.5M62.1M65.8M124.4M130.6M
Income Tax Expense45.6M67.0M24.9M14.7M6.0M5.7M
Minority Interest132.2M16.4M14.0M(12.0M)(7.8M)(7.4M)
Tax Provision45.6M67.0M24.9M14.7M(11.0M)(10.4M)
Interest Income78.2M1.7M95.3M3.4M10.9M10.3M
Net Interest Income(78.9M)(76.2M)(80.5M)(84.3M)(86.1M)(90.4M)

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:

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.
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Equity Valuation
Check real value of public entities based on technical and fundamental data
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Money Managers
Screen money managers from public funds and ETFs managed around the world
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Is Ormat Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ormat Technologies. If investors know Ormat will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ormat Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.84
Dividend Share
0.48
Earnings Share
2.08
Revenue Per Share
13.958
Quarterly Revenue Growth
0.174
The market value of Ormat Technologies is measured differently than its book value, which is the value of Ormat that is recorded on the company's balance sheet. Investors also form their own opinion of Ormat Technologies' value that differs from its market value or its book value, called intrinsic value, which is Ormat Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ormat Technologies' market value can be influenced by many factors that don't directly affect Ormat Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.