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For the year ending 2025-12-31, ORA has $6,246,508K in assets. $3,555,232K in debts. $147,448K in cash and cash equivalents.

Balance Sheets Overview

Current Ratio
80.96%
Quick Ratio
74.83%
Cash Ratio
19.97%
Debt to Asset Ratio
56.92%
Unit: Thousand (K) dollars
Assets Breakdown
    • Property, plant and equipment, n...
    • Intangible assets, net
    • Goodwill
    • Others
Liabilities Breakdown
    • Total stockholders' equity attri...
    • Full recourse (less deferred fin...
    • Total current liabilities
    • Others

Balance Sheets
2025-12-31
Cash and cash equivalents
147,448
Restricted cash and cash equivalents (primarily related to vies)
133,418
Trade less allowance for credit losses of 308 and 224, respectively (primarily related to vies)
164,772
Other
36,711
Inventories
45,268
Costs and estimated earnings in excess of billings on uncompleted contracts
30,011
Prepaid expenses and other
40,141
Total current assets
597,769
Investment in unconsolidated companies
162,111
Deposits and other (primarily related to vies)
137,744
Deferred income taxes
138,903
Property, plant and equipment, net (3,460,079 and 3,271,248 related to vies, respectively)
3,672,569
Construction-in-process (392,644 and 251,442 related to vies, respectively)
1,048,174
Operating leases right of use (17,236 and 13,989 related to vies, respectively)
41,756
Finance leases right of use (none related to vies)
4,690
Intangible assets, net
274,548
Goodwill
168,244
Total assets
6,246,508
Accounts payable and accrued expenses
234,757
Short term revolving credit lines with banks (full recourse)
80,000
Commercial paper (less deferred financing costs of 17 and 23, respectively)
99,983
Billings in excess of costs and estimated earnings on uncompleted contracts
13,159
Limited and non-recourse (primarily related to vies)
79,885
Full recourse
214,207
Financing liability
9,749
Operating lease liabilities
4,764
Finance lease liabilities
1,884
Total current liabilities
738,388
Limited and non-recourse (primarily related to vies and less deferred financing costs of 13,488 and 8,849, respectively)
645,803
Full recourse (less deferred financing costs of 4,248 and 4,671, respectively)
1,009,090
Convertible senior notes (less deferred financing costs of 4,103 and 6,820, respectively)
472,334
Financing liability
206,647
Operating lease liabilities
29,760
Finance lease liabilities
2,850
Liability associated with sale of tax benefits
190,168
Deferred income taxes
68,661
Liability for unrecognized tax benefits
10,378
Liabilities for severance pay
11,942
Asset retirement obligation
135,574
Other long-term liabilities
33,637
Total liabilities
3,555,232
Redeemable noncontrolling interest
10,402
Common stock, par value 0.001 per share 200,000,000 shares authorized 60,845,411 and 60,500,580 issued and outstanding as of december 31, 2025 and december 31, 2024, respectively
61
Additional paid-in capital
1,654,635
Treasury stock, at cost (258,667 shares held as of december 31, 2025 and 2024, respectively)
17,964
Retained earnings
909,343
Accumulated other comprehensive loss
-2,132
Total stockholders' equity attributable to company's stockholders
2,543,943
Noncontrolling interest
136,931
Total equity
2,680,874
Total liabilities, redeemable noncontrolling interest and equity
6,246,508
Unit: Thousand (K) dollars (except for numbers of shares and EPS).

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Trade less allowancefor credit losses of...$164,772K Cash and cashequivalents$147,448K Restricted cash and cashequivalents (primarily...$133,418K Inventories$45,268K Prepaid expenses andother$40,141K Other$36,711K Costs and estimatedearnings in excess of...$30,011K Property, plant andequipment, net (3,460,079...$3,672,569K Construction-in-process (392,644 and251,442 related to vies,...$1,048,174K Total current assets$597,769K Intangible assets, net$274,548K Goodwill$168,244K Investment inunconsolidated companies$162,111K Deferred income taxes$138,903K Deposits and other(primarily related to vies)$137,744K Operating leases right ofuse (17,236 and...$41,756K Finance leases right ofuse (none related to...$4,690K Total assets$6,246,508K Total liabilities,redeemable noncontrolling...$6,246,508K Total liabilities$3,555,232K Total equity$2,680,874K Redeemable noncontrollinginterest$10,402K Full recourse (lessdeferred financing costs...$1,009,090K Total currentliabilities$738,388K Limited andnon-recourse (primarily...$645,803K Convertible senior notes(less deferred...$472,334K Financing liability$206,647K Liability associated withsale of tax benefits$190,168K Asset retirementobligation$135,574K Deferred income taxes$68,661K Other long-termliabilities$33,637K Operating leaseliabilities$29,760K Liabilities for severancepay$11,942K Liability forunrecognized tax benefits$10,378K Finance leaseliabilities$2,850K Total stockholders'equity attributable to...$2,543,943K Noncontrolling interest$136,931K Treasury stock, at cost(258,667 shares held as of...$17,964K Accumulated othercomprehensive loss-$2,132K Accounts payable andaccrued expenses$234,757K Full recourse$214,207K Commercial paper (lessdeferred financing costs...$99,983K Short term revolvingcredit lines with banks...$80,000K Limited andnon-recourse (primarily...$79,885K Billings in excess ofcosts and estimated...$13,159K Financing liability$9,749K Operating leaseliabilities$4,764K Finance leaseliabilities$1,884K Additional paid-in capital$1,654,635K Retained earnings$909,343K Common stock, par value0.001 per share...$61K

ORMAT TECHNOLOGIES, INC. (ORA)

ORMAT TECHNOLOGIES, INC. (ORA)