Ormat Financial Statements From 2010 to 2024

ORA Stock  USD 64.30  1.78  2.69%   
Ormat Technologies financial statements provide useful quarterly and yearly information to potential Ormat Technologies investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Ormat Technologies financial statements helps investors assess Ormat Technologies' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Ormat Technologies' valuation are summarized below:
Gross Profit
268.8 M
Profit Margin
0.15
Market Capitalization
3.9 B
Enterprise Value Revenue
6.9951
Revenue
829.4 M
We have found one hundred twenty available trending fundamental ratios for Ormat Technologies, which can be analyzed and compared to other ratios and to its competitors. All investors should make sure to check out all of Ormat Technologies recent market performance against the performance between 2010 and 2024 to make sure the company can sustain itself down the road. The current year's Market Cap is expected to grow to about 820 M

Ormat Technologies Total Revenue

516.52 Million

Check Ormat Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ormat main balance sheet or income statement drivers, such as Depreciation And Amortization of 242.5 M, Interest Expense of 121.9 M or Total Revenue of 516.5 M, as well as many exotic indicators such as Price To Sales Ratio of 3.49, Dividend Yield of 0.0051 or PTB Ratio of 3.38. Ormat financial statements analysis is a perfect complement when working with Ormat Technologies Valuation or Volatility modules.
  
This module can also supplement Ormat Technologies' financial leverage analysis and stock options assessment as well as various Ormat Technologies Technical models . Check out the analysis of Ormat Technologies Correlation against competitors.
For information on how to trade Ormat Stock refer to our How to Trade Ormat Stock guide.

Ormat Technologies Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding48.2 M59.8 M49.2 M
Slightly volatile
Total Assets5.5 B5.2 B3.1 B
Slightly volatile
Short and Long Term Debt Total2.2 B2.1 B1.3 B
Slightly volatile
Other Current Liabilities37.6 M73.1 M56.7 M
Slightly volatile
Total Current Liabilities563.9 M537 M304.9 M
Slightly volatile
Total Stockholder Equity2.4 B2.3 B1.3 B
Slightly volatile
Other Liabilities446.9 M425.6 M267.2 M
Slightly volatile
Property Plant And Equipment NetB3.8 B2.3 B
Slightly volatile
Net Debt924.8 M1.8 BB
Slightly volatile
Accounts Payable88 M140.7 M95 M
Slightly volatile
Cash302.2 M287.8 M153.9 M
Slightly volatile
Non Current Assets Total4.8 B4.6 B2.7 B
Slightly volatile
Non Currrent Assets Other53.6 M44.6 M59 M
Pretty Stable
Other Assets132.5 M231.3 M166 M
Slightly volatile
Long Term Debt1.9 B1.8 BB
Slightly volatile
Cash And Short Term Investments302.2 M287.8 M158 M
Slightly volatile
Net Receivables285.2 M271.6 M151.5 M
Slightly volatile
Common Stock Total Equity49.4 K64.4 K49.9 K
Slightly volatile
Liabilities And Stockholders Equity5.5 B5.2 B3.1 B
Slightly volatile
Non Current Liabilities Total1.2 B2.2 B1.3 B
Slightly volatile
Inventory47.3 M45 M25.8 M
Slightly volatile
Other Current Assets34.8 M41.6 M38.9 M
Slightly volatile
Other Stockholder Equity837.5 M1.6 B948 M
Slightly volatile
Total Liabilities1.4 B2.8 B1.6 B
Slightly volatile
Property Plant And Equipment GrossB5.7 B2.5 B
Slightly volatile
Total Current Assets356.7 M646 M407.2 M
Slightly volatile
Short Term Debt319 M303.8 M157.5 M
Slightly volatile
Intangible Assets323 M307.6 M147.6 M
Slightly volatile
Common Stock50.2 K60 K49.7 K
Slightly volatile
Property Plant Equipment4.1 B3.9 B2.1 B
Slightly volatile
Good Will46.5 M90.5 M41.3 M
Slightly volatile
Current Deferred Revenue25.5 M19.4 M21.7 M
Slightly volatile
Net Tangible Assets1.2 B1.7 B1.1 B
Slightly volatile
Noncontrolling Interest In Consolidated Entity185.2 M176.4 M91.3 M
Slightly volatile
Long Term Debt TotalB1.9 B984 M
Slightly volatile
Capital SurpluseB1.4 B954.6 M
Slightly volatile
Deferred Long Term Liabilities63.4 M76.2 M78.7 M
Slightly volatile
Non Current Liabilities Other21 M22.1 M142.2 M
Very volatile
Deferred Long Term Asset Charges137.4 M130.8 M88.6 M
Slightly volatile
Short and Long Term Debt187.9 M299.2 M145.5 M
Slightly volatile
Warrants9.3 M11 M7.3 M
Slightly volatile
Cash And Equivalents193.5 M110.3 M194.4 M
Pretty Stable
Net Invested Capital3.6 B4.4 B2.8 B
Slightly volatile
Net Working Capital156.9 M109 M94.9 M
Slightly volatile
Capital Stock60.5 K60 K53.2 K
Slightly volatile
Capital Lease Obligations22.1 M26.7 M29.3 M
Slightly volatile

Ormat Technologies Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization242.5 M231 M135 M
Slightly volatile
Total Revenue516.5 M829.4 M597.1 M
Slightly volatile
Gross Profit178.3 M264 M212.1 M
Slightly volatile
Other Operating Expenses394.3 M657.9 M448 M
Slightly volatile
Research Development4.8 M7.2 M4.4 M
Pretty Stable
EBITDA422.6 M402.5 M202 M
Slightly volatile
Cost Of Revenue338.2 M565.4 M384.9 M
Slightly volatile
Total Operating Expenses56.1 M92.5 M63 M
Slightly volatile
Selling General Administrative44 M68.2 M44.7 M
Slightly volatile
Selling And Marketing Expenses16.4 M18.3 M16.4 M
Pretty Stable
Discontinued Operations11.2 K12.6 K13.7 K
Slightly volatile
Non Recurring31.1 M30.1 M48.5 M
Slightly volatile
Interest Income10.3 M10.9 M43.1 M
Slightly volatile
Reconciled Depreciation180.8 M216.2 M142.5 M
Slightly volatile

Ormat Technologies Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow128.4 M226.7 M162.6 M
Slightly volatile
Depreciation242.5 M231 M135.2 M
Slightly volatile
Capital Expenditures649.3 M618.4 M303.8 M
Slightly volatile
Total Cash From Operating Activities166.5 M309.4 M186.1 M
Slightly volatile
End Period Cash Flow302.2 M287.8 M186.1 M
Slightly volatile
Stock Based CompensationM15.5 M7.9 M
Slightly volatile
Issuance Of Capital Stock269.1 M341.7 M309.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.495.434.4907
Pretty Stable
Dividend Yield0.00510.00630.0064
Very volatile
PTB Ratio3.381.94512.9317
Pretty Stable
Days Sales Outstanding64.0212082.7412
Slightly volatile
Book Value Per Share40.9138.964524.6814
Slightly volatile
Invested Capital0.860.9041.3427
Slightly volatile
Operating Cash Flow Per Share5.475.20673.7997
Slightly volatile
Stock Based Compensation To Revenue0.01020.01870.0121
Slightly volatile
PB Ratio3.381.94512.9317
Pretty Stable
EV To Sales4.687.63325.752
Slightly volatile
Inventory Turnover21.2312.554317.9555
Pretty Stable
Days Of Inventory On Hand16.8429.073822.9914
Very volatile
Payables Turnover3.254.01874.1066
Slightly volatile
Sales General And Administrative To Revenue0.08590.08220.0731
Slightly volatile
Research And Ddevelopement To Revenue0.01310.00870.0097
Slightly volatile
Cash Per Share5.084.84273.1763
Slightly volatile
POCF Ratio16.1214.556314.8926
Very volatile
Days Payables Outstanding10690.825593.0165
Slightly volatile
EV To Operating Cash Flow22.9420.462521.2835
Very volatile
Intangibles To Total Assets0.08030.07640.0471
Slightly volatile
Net Debt To EBITDA4.774.53995.7432
Very volatile
Current Ratio1.141.2031.4846
Very volatile
Tangible Book Value Per Share36.2834.555623.0222
Slightly volatile
Receivables Turnover5.383.05384.7322
Slightly volatile
Graham Number44.9842.840430.4253
Slightly volatile
Shareholders Equity Per Share40.9138.964524.6814
Slightly volatile
Debt To Equity0.860.9041.3427
Slightly volatile
Revenue Per Share8.1113.957711.7035
Slightly volatile
Interest Debt Per Share39.0437.17825.7667
Slightly volatile
Debt To Assets0.470.40190.4214
Very volatile
Enterprise Value Over EBITDA15.715.72919.1499
Slightly volatile
Short Term Coverage Ratios1.931.01841.6563
Very volatile
Operating Cycle80.86149106
Pretty Stable
Price Book Value Ratio3.381.94512.9317
Pretty Stable
Days Of Payables Outstanding10690.825593.0165
Slightly volatile
Price To Operating Cash Flows Ratio16.1214.556314.8926
Very volatile
Ebt Per Ebit0.960.81071.4783
Slightly volatile
Company Equity Multiplier3.852.24943.1192
Slightly volatile
Long Term Debt To Capitalization0.550.43590.4887
Slightly volatile
Total Debt To Capitalization0.580.47480.524
Slightly volatile
Debt Equity Ratio0.860.9041.3427
Slightly volatile
Quick Ratio0.831.04161.0607
Pretty Stable
Cash Ratio0.350.53590.5225
Pretty Stable
Operating Cash Flow Sales Ratio0.240.3730.2901
Slightly volatile
Days Of Inventory Outstanding16.8429.073822.9914
Very volatile
Days Of Sales Outstanding64.0212082.7412
Slightly volatile
Cash Flow Coverage Ratios0.140.14780.1602
Very volatile
Price To Book Ratio3.381.94512.9317
Pretty Stable
Fixed Asset Turnover0.340.21590.305
Slightly volatile
Price Cash Flow Ratio16.1214.556314.8926
Very volatile
Enterprise Value Multiple15.715.72919.1499
Slightly volatile
Debt Ratio0.470.40190.4214
Very volatile
Cash Flow To Debt Ratio0.140.14780.1602
Very volatile
Price Sales Ratio3.495.434.4907
Pretty Stable
Asset Turnover0.250.15930.2272
Slightly volatile
Gross Profit Margin0.270.31830.3475
Pretty Stable
Price Fair Value3.381.94512.9317
Pretty Stable

Ormat Technologies Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap820 M787.8 M839.6 M
Slightly volatile
Enterprise Value1.5 B1.7 B1.8 B
Slightly volatile

Ormat Fundamental Market Drivers

Forward Price Earnings30.4878
Cash And Short Term Investments287.8 M

Ormat Upcoming Events

21st of February 2024
Upcoming Quarterly Report
View
14th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
21st of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Ormat Technologies Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Ormat Technologies income statement, its balance sheet, and the statement of cash flows. Ormat Technologies investors use historical funamental indicators, such as Ormat Technologies's revenue or net income, to determine how well the company is positioned to perform in the future. Although Ormat Technologies investors may use each financial statement separately, they are all related. The changes in Ormat Technologies's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ormat Technologies's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Ormat Technologies Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Ormat Technologies. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue19.4 M25.5 M
Total Revenue829.4 M516.5 M
Cost Of Revenue565.4 M338.2 M
Stock Based Compensation To Revenue 0.02  0.01 
Sales General And Administrative To Revenue 0.08  0.09 
Research And Ddevelopement To Revenue 0.01  0.01 
Capex To Revenue(0.75)(0.78)
Revenue Per Share 13.96  8.11 
Ebit Per Revenue 0.21  0.18 

Ormat Technologies Investors Sentiment

The influence of Ormat Technologies' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Ormat. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Ormat Technologies' public news can be used to forecast risks associated with an investment in Ormat. The trend in average sentiment can be used to explain how an investor holding Ormat can time the market purely based on public headlines and social activities around Ormat Technologies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Ormat Technologies' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Ormat Technologies' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Ormat Technologies' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Ormat Technologies.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ormat Technologies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ormat Technologies' short interest history, or implied volatility extrapolated from Ormat Technologies options trading.

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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.
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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.