Ormat Technologies, Inc. (TLV:ORA)

Ormat Technologies Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	112.7	94.4	195.81	95.87	239.28	448.25
Short-Term Investments	-	-	-	-	43.34	-
Trading Asset Securities	0.08	0.18	-	-	1.46	-
Accounts Receivable	194.53	193.29	227.07	145.22	132.64	173.71
Other Receivables	45.41	50.06	43.12	31.62	17.33	16.43
Inventory	42.11	38.09	45.04	22.83	28.45	35.32
Prepaid Expenses	94.02	59.17	41.6	29.57	34.46	15.24
Restricted Cash	112	111.38	91.96	130.8	104.17	88.53
Other Current Assets	-	0.55	1.41	0.8	0.81	1.67
Total Current Assets	600.85	547.12	646	456.72	601.93	779.15
Property, Plant & Equipment	4,378	4,233	3,782	3,365	3,001	2,577
Goodwill	151.29	151.02	90.54	90.33	89.95	24.57
Other Intangible Assets	295.23	301.75	307.61	333.85	363.31	194.42
Long-Term Investments	158.62	144.59	125.44	118.72	143.77	126.05
Long-Term Deferred Tax Assets	165.98	153.94	152.57	161.37	143.45	119.3
Long-Term Accounts Receivable	41.2	26	-	-	-	-
Other Long-Term Assets	47.82	109.21	103.75	85.31	82.19	68.11
Total Assets	5,839	5,666	5,208	4,612	4,426	3,889
Accounts Payable	197.3	124.7	140.69	77.55	75.16	75.78
Accrued Expenses	-	66.07	56.07	52.36	49.36	44.71
Short-Term Debt	99.98	99.98	119.97	-	-	-
Current Portion of Long-Term Debt	260.59	235.67	179.21	181.77	386.38	80.9
Current Unearned Revenue	52.2	45.59	18.67	8.79	9.25	11.18
Current Portion of Leases	5.11	5.01	4.64	3.93	5.35	6.09
Current Income Taxes Payable	-	8.89	7	8.39	8.14	19.91
Other Current Liabilities	4.05	12.18	10.76	11.12	10.53	10.08
Total Current Liabilities	619.22	598.08	537.01	343.91	544.16	248.65
Long-Term Debt	2,202	2,087	1,789	1,845	1,522	1,377
Long-Term Leases	24.27	24.05	22.03	22.05	20.82	22
Pension & Post-Retirement Benefits	11.15	10.49	11.84	12.83	15.69	18.75
Long-Term Deferred Tax Liabilities	71.48	68.62	66.75	83.47	84.66	87.97
Other Long-Term Liabilities	315.05	317.49	329.76	273.8	230.53	183.14
Total Liabilities	3,244	3,106	2,757	2,581	2,418	1,938
Common Stock	0.06	0.06	0.06	0.06	0.06	0.06
Additional Paid-In Capital	1,641	1,635	1,615	1,259	1,272	1,262
Retained Earnings	847.61	814.52	719.89	623.91	585.21	550.1
Treasury Stock	-17.96	-17.96	-17.96	-17.96	-	-
Comprehensive Income & Other	-9.41	-6.73	-1.33	2.5	-2.19	-6.62
Total Common Equity	2,461	2,425	2,315	1,868	1,855	1,806
Minority Interest	134.14	135.25	136.16	162.99	152.79	145.28
Shareholders' Equity	2,595	2,560	2,452	2,031	2,008	1,951
Total Liabilities & Equity	5,839	5,666	5,208	4,612	4,426	3,889
Total Debt	2,592	2,452	2,115	2,053	1,935	1,486
Net Cash (Debt)	-2,480	-2,357	-1,919	-1,957	-1,650	-1,038
Net Cash Per Share	-40.74	-38.78	-32.12	-34.63	-29.26	-19.98
Filing Date Shares Outstanding	60.66	60.5	60.36	56.1	56.06	55.98
Total Common Shares Outstanding	60.66	60.5	60.36	56.1	56.06	55.98
Working Capital	-18.37	-50.96	108.99	112.81	57.78	530.51
Book Value Per Share	40.57	40.08	38.36	33.29	33.09	32.26
Tangible Book Value	2,015	1,972	1,917	1,443	1,402	1,587
Tangible Book Value Per Share	33.21	32.60	31.76	25.73	25.01	28.35
Land	-	196.77	175.58	94.56	88.82	83.71
Machinery	-	5,336	4,637	4,027	3,704	3,373
Construction In Progress	-	755.59	814.97	893.2	721.48	479.32

Source: S&P Global Market Intelligence. Utility template. Financial Sources.