Ormat Technologies Inc (ORA)

Total asset turnover

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Revenue (ttm) US$ in thousands 879,654 890,253 886,525 868,358 829,424 793,570 761,399 735,681 734,159 719,662 702,619 680,442 663,084 651,477 651,582 679,581 705,342 718,402 729,954 739,119
Total assets US$ in thousands 5,666,220 5,590,340 5,506,800 5,516,840 5,208,280 5,010,810 5,010,640 5,015,270 4,611,580 4,524,530 4,541,980 4,414,190 4,425,680 4,359,370 3,818,550 3,859,210 3,888,990 3,520,950 3,418,380 3,445,610
Total asset turnover 0.16 0.16 0.16 0.16 0.16 0.16 0.15 0.15 0.16 0.16 0.15 0.15 0.15 0.15 0.17 0.18 0.18 0.20 0.21 0.21

December 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $879,654K ÷ $5,666,220K
= 0.16

Ormat Technologies Inc's total asset turnover has shown a consistent trend of approximately 0.15 to 0.21 from March 31, 2020, to December 31, 2024. This ratio indicates how efficiently the company is utilizing its assets to generate revenue. The decreasing trend over time suggests that Ormat Technologies Inc may be experiencing challenges in effectively utilizing its assets to generate sales. Further analysis of the company's operating efficiency and asset management may be warranted to address this trend and improve overall performance.