Ormat Technologies (ORA) Debt Metrics
Market Cap: $4.30B
Avg Volume: 551.40K
Industry: Renewable Utilities
Sector: Utilities
How much debt does Ormat Technologies have?
According to Ormat Technologies's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Ormat Technologies's total debt stands at $598.65M. This is broken down into:
- Long-term debt: $517.72M
- Short-term debt: $109.99M
The company's net debt, which accounts for cash and cash equivalents, is $392.88M. In terms of overall financial obligations, Ormat Technologies's total liabilities amount to $3.11B.
Debt Ratios and Metrics
To better understand Ormat Technologies's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.13 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 10.57% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 1.29 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 9.74% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 11.57% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Ormat Technologies's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$598.65M
Long-term Debt
$517.72M
Short-term Debt
$109.99M
Net Debt
$392.88M
Total Liabilities
$3.11B
Interest Coverage
1.29
Debt to Equity Ratio
0.13
Debt Ratio
10.57%
Ormat Technologies Historical Debt Metrics
Ormat Technologies Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $598.65M | $517.72M | $109.99M | $392.88M | $3.11B | 0.13 | 10.57% | 1.29 | 9.74% | 11.57% |
| 2023 | $2.12B | $1.81B | $303.82M | $1.92B | $2.76B | 0.91 | 40.61% | 1.68 | 43.59% | 47.74% |
| 2022 | $2.05B | $1.87B | $185.70M | $1.96B | $2.58B | 1.10 | 44.51% | 0.27 | 49.70% | 52.36% |
| 2021 | $1.93B | $1.54B | $391.72M | $1.70B | $2.42B | 1.04 | 43.71% | 0.21 | 45.07% | 51.05% |
| 2020 | $1.48B | $1.40B | $86.99M | $1.04B | $1.95B | 0.82 | 38.16% | 0.84 | 43.27% | 45.11% |
| 2019 | $1.27B | $1.04B | $231.86M | $1.20B | $1.74B | 0.91 | 39.04% | 0.85 | 42.09% | 47.68% |
| 2018 | $1.27B | $1.04B | $227.18M | $1.17B | $1.68B | 0.96 | 40.62% | 2.61 | 44.09% | 49.00% |
| 2017 | $913.60M | $804.29M | $109.31M | $865.78M | $1.28B | 0.76 | 35.60% | 3.79 | 40.16% | 43.26% |
| 2016 | $938.84M | $872.87M | $65.97M | $708.63M | $1.29B | 0.87 | 38.14% | 3.00 | 44.73% | 46.54% |
| 2015 | $920.47M | $838.75M | $62.65M | $734.55M | $1.21B | 0.93 | 40.14% | 2.26 | 45.86% | 48.18% |
Related Metrics
Explore detailed financial metrics and analysis for ORA.