Ormat Technologies Inc (ORA) — Defensive Interval Ratio
Ormat Technologies Inc (ORA) has a Defensive Interval Ratio of 86 days as of March 2026. Defensive assets of $237.92 Million (cash $-, short-term investments $-, receivables $237.92 Million) cover 86 days of daily cash needs of $2.77 Million/day. See how liquid is Ormat Technologies Inc's working capital to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Ormat Technologies Inc Defensive Interval Ratio (2002–2025)
This chart shows how Ormat Technologies Inc's Defensive Interval Ratio has evolved across 24 annual periods from 2002 to 2025. As of March 2026, the ratio stands at 86 days, meaning defensive assets of $237.92 Million can fund 86 days of operations without new revenue. See net asset quality index of Ormat Technologies Inc to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Ormat Technologies Inc (2002–2025)
The table below presents the year-by-year Defensive Interval Ratio for Ormat Technologies Inc from 2002 to 2025, covering 24 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see Ormat Technologies Inc (ORA) total market value.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 187 days | $378.94 Million | $2.02 Million/day | $147.45 Million | $- | ▲ +49 days |
| 2024 | 139 days | $227.10 Million | $1.64 Million/day | $94.39 Million | $-111.38 Million | ▼ -179 days |
| 2023 | 318 days | $467.41 Million | $1.47 Million/day | $195.81 Million | $- | ▲ +27 days |
| 2022 | 290 days | $273.51 Million | $942.22K/day | $95.87 Million | $0.00 | ▼ 0 days |
| 2021 | 291 days | $433.40 Million | $1.49 Million/day | $239.28 Million | $43.34 Million | ▼ -793 days |
| 2020 | 1084 days | $738.17 Million | $681.22K/day | $448.25 Million | $98.22 Million | ▲ +806 days |
| 2019 | 277 days | $286.11 Million | $1.03 Million/day | $71.17 Million | $- | ▼ -23 days |
| 2018 | 300 days | $297.91 Million | $991.63K/day | $98.80 Million | $- | ▼ -37 days |
| 2017 | 337 days | $261.83 Million | $776.29K/day | $47.82 Million | $48.83 Million | ▼ -463 days |
| 2016 | 800 days | $414.96 Million | $518.50K/day | $230.21 Million | $34.26 Million | ▲ +533 days |
| 2015 | 267 days | $137.81 Million | $516.44K/day | $- | $49.50 Million | ▼ -55 days |
| 2014 | 322 days | $181.58 Million | $563.71K/day | $- | $93.25 Million | ▼ -30 days |
| 2013 | 352 days | $179.52 Million | $510.52K/day | $- | $51.06 Million | ▲ +64 days |
| 2012 | 288 days | $151.15 Million | $525.32K/day | $- | $76.54 Million | ▲ +137 days |
| 2011 | 150 days | $79.76 Million | $530.88K/day | $- | $18.52 Million | ▼ -95 days |
| 2010 | 246 days | $92.70 Million | $377.32K/day | $- | $23.31 Million | ▼ -62 days |
| 2009 | 308 days | $117.77 Million | $382.47K/day | $- | $40.95 Million | ▲ +87 days |
| 2008 | 221 days | $98.34 Million | $444.88K/day | $- | $24.44 Million | ▲ +38 days |
| 2007 | 183 days | $73.26 Million | $401.35K/day | $- | $13.49 Million | ▼ -81 days |
| 2006 | 264 days | $150.32 Million | $570.31K/day | $- | $96.49 Million | ▲ +6 days |
| 2005 | 257 days | $89.11 Million | $346.15K/day | $- | $43.56 Million | ▼ -109 days |
| 2004 | 366 days | $123.47 Million | $336.93K/day | $- | $89.17 Million | ▲ +46 days |
| 2003 | 321 days | $54.05 Million | $168.49K/day | $- | $16.37 Million | ▲ +245 days |
| 2002 | 76 days | $33.14 Million | $436.39K/day | $- | $8.01 Million | — |