Ormat Technologies Inc
Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guatemala, Guadeloupe, New Zealand, Honduras, France, Indonesia, the Philippines, and internationally. It operates through three segments: Electricity, Product, and Energy Storage. The Electricity segment develops, builds, owns, and operates geothermal, sol… Read more
Ormat Technologies Inc (ORA) - Total Assets
Latest total assets as of September 2025: $6.09 Billion USD
Based on the latest financial reports, Ormat Technologies Inc (ORA) holds total assets worth $6.09 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Ormat Technologies Inc - Total Assets Trend (2002–2024)
This chart illustrates how Ormat Technologies Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ormat Technologies Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Ormat Technologies Inc's total assets of $6.09 Billion consist of 9.7% current assets and 90.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $94.39 Million | 1.7% |
| Accounts Receivable | $244.09 Million | 4.3% |
| Inventory | $38.09 Million | 0.7% |
| Property, Plant & Equipment | $4.29 Billion | 75.8% |
| Intangible Assets | $301.74 Million | 5.3% |
| Goodwill | $151.02 Million | 2.7% |
Asset Composition Trend (2002–2024)
This chart illustrates how Ormat Technologies Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ormat Technologies Inc's current assets represent 9.7% of total assets in 2024, a decrease from 27.0% in 2002.
- Cash Position: Cash and equivalents constituted 1.7% of total assets in 2024, down from 12.8% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 7.0% of total assets, an increase from 2.0% in 2002.
- Asset Diversification: The largest asset category is property, plant & equipment at 75.8% of total assets.
Ormat Technologies Inc Competitors by Total Assets
Key competitors of Ormat Technologies Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tunghsu Azure Renewable Energy Co Ltd
SHE:000040
|
China | CN¥23.04 Billion |
|
Tianjin Guangyu Development Co Ltd
SHE:000537
|
China | CN¥94.26 Billion |
|
CECEP Solar Energy Co Ltd
SHE:000591
|
China | CN¥52.84 Billion |
|
GEPIC Energy Development Co Ltd
SHE:000791
|
China | CN¥38.52 Billion |
|
Tieling Newcity Investment Holding Ltd
SHE:000809
|
China | CN¥2.91 Billion |
|
Hubei Energy Group Co Ltd
SHE:000883
|
China | CN¥95.95 Billion |
|
Fujian MinDong Electric Power Co Ltd
SHE:000993
|
China | CN¥3.76 Billion |
|
Xinjiang Lixin Energy Co. Ltd. A
SHE:001258
|
China | CN¥16.78 Billion |
Ormat Technologies Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Ormat Technologies Inc generates 0.16x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Ormat Technologies Inc generates $ 2.18 in net profit.
Ormat Technologies Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.77 | 0.95 | 3.13 |
| Quick Ratio | 0.70 | 0.87 | 2.99 |
| Cash Ratio | 0.12 | 0.16 | 0.00 |
| Working Capital | $-150.12 Million | $ -28.84 Million | $ 530.51 Million |
Ormat Technologies Inc - Advanced Valuation Insights
This section examines the relationship between Ormat Technologies Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.91 |
| Latest Market Cap to Assets Ratio | 1.10 |
| Asset Growth Rate (YoY) | 8.8% |
| Total Assets | $5.67 Billion |
| Market Capitalization | $6.23 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Ormat Technologies Inc's assets above their book value (1.10 x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: Ormat Technologies Inc's assets grew by 8.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Ormat Technologies Inc (2002–2024)
The table below shows the annual total assets of Ormat Technologies Inc from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $5.67 Billion | +8.79% |
| 2023-12-31 | $5.21 Billion | +12.94% |
| 2022-12-31 | $4.61 Billion | +4.20% |
| 2021-12-31 | $4.43 Billion | +13.80% |
| 2020-12-31 | $3.89 Billion | +19.64% |
| 2019-12-31 | $3.25 Billion | +4.14% |
| 2018-12-31 | $3.12 Billion | +21.62% |
| 2017-12-31 | $2.57 Billion | +4.26% |
| 2016-12-31 | $2.46 Billion | +7.35% |
| 2015-12-31 | $2.29 Billion | +8.08% |
| 2014-12-31 | $2.12 Billion | -1.75% |
| 2013-12-31 | $2.16 Billion | +5.76% |
| 2012-12-31 | $2.04 Billion | -11.79% |
| 2011-12-31 | $2.31 Billion | +13.28% |
| 2010-12-31 | $2.04 Billion | +10.15% |
| 2009-12-31 | $1.86 Billion | +13.27% |
| 2008-12-31 | $1.64 Billion | +28.46% |
| 2007-12-31 | $1.27 Billion | +9.90% |
| 2006-12-31 | $1.16 Billion | +26.86% |
| 2005-12-31 | $914.48 Million | +7.57% |
| 2004-12-31 | $850.09 Million | +55.26% |
| 2003-12-31 | $547.54 Million | +90.53% |
| 2002-12-31 | $287.38 Million | -- |