Ormat Non Current Liabilities Total vs Total Stockholder Equity Analysis

ORA Stock  USD 73.95  1.25  1.66%   
Ormat Technologies financial indicator trend analysis is much more than just breaking down Ormat Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ormat Technologies is a good investment. Please check the relationship between Ormat Technologies Non Current Liabilities Total and its Total Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ormat Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Ormat Stock refer to our How to Trade Ormat Stock guide.

Non Current Liabilities Total vs Total Stockholder Equity

Non Current Liabilities Total vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ormat Technologies Non Current Liabilities Total account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ormat Technologies' Non Current Liabilities Total and Total Stockholder Equity is 0.77. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Ormat Technologies, assuming nothing else is changed. The correlation between historical values of Ormat Technologies' Non Current Liabilities Total and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Ormat Technologies are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Non Current Liabilities Total i.e., Ormat Technologies' Non Current Liabilities Total and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Liabilities Total

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Ormat Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ormat Technologies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ormat Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Ormat Stock refer to our How to Trade Ormat Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 0.09, whereas Selling General Administrative is forecasted to decline to about 44 M.
 2021 2022 2023 2024 (projected)
Gross Profit264.3M268.8M264.0M178.3M
Total Revenue663.1M734.2M829.4M516.5M

Ormat Technologies fundamental ratios Correlations

0.810.780.370.630.810.80.810.850.720.60.460.810.080.370.620.470.70.980.010.910.580.450.970.920.65
0.810.960.270.870.990.920.990.770.930.340.631.0-0.070.420.80.640.870.84-0.240.820.790.390.810.830.93
0.780.960.160.850.930.90.950.850.850.310.550.96-0.110.390.80.560.830.79-0.20.810.770.490.780.830.9
0.370.270.160.260.310.320.230.280.440.280.20.26-0.380.330.090.210.260.39-0.120.340.20.110.390.370.12
0.630.870.850.260.860.910.850.670.870.330.430.88-0.250.160.60.460.80.63-0.270.590.790.190.60.660.86
0.810.990.930.310.860.90.980.710.950.370.690.98-0.090.450.760.690.890.84-0.230.770.80.340.810.790.93
0.80.920.90.320.910.90.890.770.870.30.540.92-0.010.330.690.580.750.78-0.190.770.680.30.770.820.79
0.810.990.950.230.850.980.890.760.890.390.581.0-0.030.350.840.580.860.83-0.280.810.770.410.810.820.94
0.850.770.850.280.670.710.770.760.660.410.250.78-0.130.310.630.260.610.83-0.040.910.570.630.850.940.62
0.720.930.850.440.870.950.870.890.660.290.620.92-0.30.440.620.630.870.74-0.250.690.770.330.710.730.84
0.60.340.310.280.330.370.30.390.410.29-0.040.35-0.09-0.060.2-0.060.570.580.290.360.480.040.50.380.36
0.460.630.550.20.430.690.540.580.250.62-0.040.580.140.740.431.00.540.57-0.090.440.51-0.090.580.430.58
0.811.00.960.260.880.980.921.00.780.920.350.58-0.080.370.820.590.860.82-0.270.820.780.420.80.830.93
0.08-0.07-0.11-0.38-0.25-0.09-0.01-0.03-0.13-0.3-0.090.14-0.080.020.210.17-0.290.060.060.06-0.32-0.250.110.01-0.12
0.370.420.390.330.160.450.330.350.310.44-0.060.740.370.020.210.730.340.470.330.490.43-0.030.530.460.24
0.620.80.80.090.60.760.690.840.630.620.20.430.820.210.210.430.570.64-0.480.70.390.420.640.680.81
0.470.640.560.210.460.690.580.580.260.63-0.061.00.590.170.730.430.520.57-0.10.460.49-0.10.590.450.57
0.70.870.830.260.80.890.750.860.610.870.570.540.86-0.290.340.570.520.73-0.080.60.880.230.670.630.87
0.980.840.790.390.630.840.780.830.830.740.580.570.820.060.470.640.570.730.00.920.640.370.990.920.71
0.01-0.24-0.2-0.12-0.27-0.23-0.19-0.28-0.04-0.250.29-0.09-0.270.060.33-0.48-0.1-0.080.0-0.080.13-0.310.01-0.08-0.39
0.910.820.810.340.590.770.770.810.910.690.360.440.820.060.490.70.460.60.92-0.080.540.530.940.990.64
0.580.790.770.20.790.80.680.770.570.770.480.510.78-0.320.430.390.490.880.640.130.540.070.590.580.79
0.450.390.490.110.190.340.30.410.630.330.04-0.090.42-0.25-0.030.42-0.10.230.37-0.310.530.070.380.50.27
0.970.810.780.390.60.810.770.810.850.710.50.580.80.110.530.640.590.670.990.010.940.590.380.950.66
0.920.830.830.370.660.790.820.820.940.730.380.430.830.010.460.680.450.630.92-0.080.990.580.50.950.66
0.650.930.90.120.860.930.790.940.620.840.360.580.93-0.120.240.810.570.870.71-0.390.640.790.270.660.66
Click cells to compare fundamentals

Ormat Technologies Account Relationship Matchups

Ormat Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding51.2M51.9M56.4M56.5M59.8M48.2M
Total Assets3.3B3.9B4.4B4.6B5.2B5.5B
Short Long Term Debt Total1.3B1.5B1.9B2.1B2.1B2.2B
Other Current Liab72.3M77.0M68.0M71.9M73.1M37.6M
Total Current Liabilities376.5M248.6M544.2M343.9M537.0M563.9M
Total Stockholder Equity1.4B1.8B1.9B1.9B2.3B2.4B
Other Liab312.2M289.9M572.9M370.1M425.6M446.9M
Property Plant And Equipment Net2.4B2.6B3.0B3.4B3.8B4.0B
Net Debt1.2B1.0B1.7B2.0B1.8B924.8M
Retained Earnings487.9M550.1M585.2M623.9M719.9M755.9M
Accounts Payable141.9M75.8M75.2M77.6M140.7M88.0M
Cash71.2M448.3M239.3M95.9M287.8M302.2M
Non Current Assets Total2.8B3.1B3.8B4.2B4.6B4.8B
Non Currrent Assets Other38.3M67.0M78.9M39.8M44.6M53.6M
Other Assets187.6M791.8M222.4M201.1M231.3M132.5M
Long Term Debt1.0B1.0B1.3B1.8B1.8B1.9B
Cash And Short Term Investments71.2M448.3M282.6M95.9M287.8M302.2M
Net Receivables214.9M191.7M150.8M177.6M271.6M285.2M
Liabilities And Stockholders Equity3.3B3.9B4.4B4.6B5.2B5.5B
Non Current Liabilities Total1.4B1.7B1.9B2.2B2.2B1.2B
Inventory34.9M35.3M28.4M22.8M45.0M47.3M
Other Current Assets12.7M15.4M35.9M160.4M41.6M34.8M
Other Stockholder Equity913.2M1.3B1.3B1.2B1.6B799.3M
Total Liab1.7B1.9B2.4B2.6B2.8B1.4B
Property Plant And Equipment Gross2.4B2.6B3.0B3.4B5.7B6.0B
Total Current Assets415.7M779.2M601.9M456.7M646.0M356.7M
Accumulated Other Comprehensive Income(8.7M)(6.6M)(2.2M)2.5M(1.3M)(1.4M)
Short Term Debt231.9M84.7M391.7M185.7M303.8M319.0M
Intangible Assets186.2M194.4M363.3M333.8M307.6M323.0M
Property Plant Equipment2.4B479.3M3.0B3.4B3.9B4.1B
Good Will20.1M24.6M90.0M90.3M90.5M46.5M
Current Deferred Revenue2.8M11.2M9.2M8.8M19.4M25.5M
Net Tangible Assets1.2B1.8B1.4B1.5B1.7B1.2B
Long Term Debt Total1.0B1.0B1.3B1.6B1.9B1.0B

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Additional Information and Resources on Investing in Ormat Stock

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:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ormat Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Ormat Stock refer to our How to Trade Ormat Stock guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Independent Power and Renewable Electricity Producers space 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
0.253
Dividend Share
0.48
Earnings Share
2.21
Revenue Per Share
14.39
Quarterly Revenue Growth
0.21
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.