Ormat Total Stockholder Equity vs Intangible Assets Analysis

ORA Stock  USD 72.06  0.42  0.58%   
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 Total Stockholder Equity and its Intangible Assets 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 tightly coupled 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.

Total Stockholder Equity vs Intangible Assets

Total Stockholder Equity vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ormat Technologies Total Stockholder Equity account and Intangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Ormat Technologies' Total Stockholder Equity and Intangible Assets is 0.9. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Intangible Assets 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' Total Stockholder Equity and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Ormat Technologies are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Stockholder Equity i.e., Ormat Technologies' Total Stockholder Equity and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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 tightly coupled 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

0.810.780.370.630.810.80.810.850.720.60.460.810.080.370.620.470.70.980.010.910.580.450.860.920.65
0.810.960.270.870.990.920.990.770.930.340.631.0-0.070.420.80.640.870.84-0.240.820.790.390.720.830.93
0.780.960.160.850.930.90.950.850.850.310.550.96-0.110.390.80.560.830.79-0.20.810.770.490.730.830.9
0.370.270.160.260.310.320.230.280.440.280.20.26-0.380.330.090.210.260.39-0.120.340.20.110.260.370.12
0.630.870.850.260.860.910.850.670.870.330.430.88-0.250.160.60.460.80.63-0.270.590.790.190.50.660.86
0.810.990.930.310.860.90.980.710.950.370.690.98-0.090.450.760.690.890.84-0.230.770.80.340.70.790.93
0.80.920.90.320.910.90.890.770.870.30.540.92-0.010.330.690.580.750.78-0.190.770.680.30.680.820.79
0.810.990.950.230.850.980.890.760.890.390.581.0-0.030.350.840.580.860.83-0.280.810.770.410.720.820.94
0.850.770.850.280.670.710.770.760.660.410.250.78-0.130.310.630.260.610.83-0.040.910.570.630.810.940.62
0.720.930.850.440.870.950.870.890.660.290.620.92-0.30.440.620.630.870.74-0.250.690.770.330.560.730.84
0.60.340.310.280.330.370.30.390.410.29-0.040.35-0.09-0.060.2-0.060.570.580.290.360.480.040.490.380.36
0.460.630.550.20.430.690.540.580.250.62-0.040.580.140.740.431.00.540.57-0.090.440.51-0.090.480.430.58
0.811.00.960.260.880.980.921.00.780.920.350.58-0.080.370.820.590.860.82-0.270.820.780.420.710.830.93
0.08-0.07-0.11-0.38-0.25-0.09-0.01-0.03-0.13-0.3-0.090.14-0.080.020.210.17-0.290.060.060.06-0.32-0.250.240.01-0.12
0.370.420.390.330.160.450.330.350.310.44-0.060.740.370.020.210.730.340.470.330.490.43-0.030.460.460.24
0.620.80.80.090.60.760.690.840.630.620.20.430.820.210.210.430.570.64-0.480.70.390.420.620.680.81
0.470.640.560.210.460.690.580.580.260.63-0.061.00.590.170.730.430.520.57-0.10.460.49-0.10.490.450.57
0.70.870.830.260.80.890.750.860.610.870.570.540.86-0.290.340.570.520.73-0.080.60.880.230.620.630.87
0.980.840.790.390.630.840.780.830.830.740.580.570.820.060.470.640.570.730.00.920.640.370.890.920.71
0.01-0.24-0.2-0.12-0.27-0.23-0.19-0.28-0.04-0.250.29-0.09-0.270.060.33-0.48-0.1-0.080.0-0.080.13-0.310.0-0.08-0.39
0.910.820.810.340.590.770.770.810.910.690.360.440.820.060.490.70.460.60.92-0.080.540.530.890.990.64
0.580.790.770.20.790.80.680.770.570.770.480.510.78-0.320.430.390.490.880.640.130.540.070.550.580.79
0.450.390.490.110.190.340.30.410.630.330.04-0.090.42-0.25-0.030.42-0.10.230.37-0.310.530.070.340.50.27
0.860.720.730.260.50.70.680.720.810.560.490.480.710.240.460.620.490.620.890.00.890.550.340.880.6
0.920.830.830.370.660.790.820.820.940.730.380.430.830.010.460.680.450.630.92-0.080.990.580.50.880.66
0.650.930.90.120.860.930.790.940.620.840.360.580.93-0.120.240.810.570.870.71-0.390.640.790.270.60.66
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 Equity913.2M1.3B1.3B1.2B1.6B837.5M
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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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 tightly coupled 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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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When running Ormat Technologies' price analysis, check to measure Ormat Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ormat Technologies is operating at the current time. Most of Ormat Technologies' value examination focuses on studying past and present price action to predict the probability of Ormat Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ormat Technologies' price. Additionally, you may evaluate how the addition of Ormat Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Ormat Technologies' industry 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.