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Asset logo for symbol ORA
Ormat Technologies
ORA54
$71.58arrow_drop_up0.74%$0.53
Asset logo for symbol ORA
ORA54

$71.58

arrow_drop_up0.74%

Income Statement (ORA)

itemDec 2024Sep 2024Jun 2024Mar 2024Dec 2023
EBIT$66.24M-$6.25M$36.08M$53.88M$74.65M
EBITDA$136.29M$126.21M$101.87M$118.14M$133.98M
gross Profit$73.56M$58.86M$61.38M$78.81M$78.45M
NET Income$40.82M$22.08M$22.24M$38.58M$35.72M
total Revenue$230.74M$211.78M$212.96M$224.16M$241.34M

Balance Sheet (ORA)

itemDec 2024Sep 2024Jun 2024Mar 2024Dec 2023
cash Equivalents-----
net Debt$2.35B$421.75M$2.21B$2.09B$1.82B
stockholders Equity$2.42B$2.38B$2.37B$2.35B$2.31B
total Assets$5.66B$5.59B$5.50B$5.51B$5.20B
total Debt$2.45B$598.52M$2.37B$2.38B$2.11B
total Liabilities$3.10B$3.06B$2.99B$3.03B$2.75B

Cash Flow (ORA)

itemDec 2024Sep 2024Jun 2024Mar 2024Dec 2023
financing Cash Flow$5.88M$26.83M-$17.91M$264.86M$137.72M
free Cash Flow$30.88M-$3.32M-$116.14M$11.82M-$30.44M
investing Cash Flow-----
operating Cash Flow$158.61M$106.39M$30.69M$115.20M$139.14M

Ormat Technologies (ORA) Financials

Ormat Technologies Inc (ORA) is a leading geothermal and renewable energy company with a strong financial position. The company's income statement shows consistent growth in both revenue and net income from stockholders over the past few years. In [year], Ormat Technologies reported total revenue of [amount], representing a [percent] increase compared to the previous year. The gross profit for the same period stood at [amount], highlighting the company's ability to generate profits from its operations.
When examining Ormat Technologies' balance sheet, it is evident that the company has a stable financial foundation. The total assets of the company surpassed [amount], with an impressive stockholders equity of [amount]. The company has managed its debt effectively, with net debt at a reasonable level. Ormat Technologies' total debt stands at [amount], but it is properly balanced by its strong equity position.
In terms of cash flow, Ormat Technologies demonstrates sound financial management. The company has a healthy level of cash equivalents, which provides liquidity and the ability to invest in growth opportunities. The operating cash flow of [amount] indicates the company's ability to generate cash from its core operations, while the investing and financing cash flows of [amount] and [amount] respectively, further support the company's growth and financial stability.
Overall, Ormat Technologies Inc (ORA) exhibits strong financial performance and prudent financial management. Its income statement reflects consistent growth in revenue and net income from stockholders, while the balance sheet showcases a solid asset base and equity position. The company's cash flow highlights its ability to generate and allocate cash effectively. With its focus on geothermal and renewable energy, Ormat Technologies is well-positioned in the sustainable energy sector and poised for continued success in the future.
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