Ormat Technologies Inc (ORA)
Debt-to-assets ratio
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
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 |
Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $5,666,220K
= 0.00
The debt-to-assets ratio for Ormat Technologies Inc has consistently remained at 0.00 for all the periods from March 31, 2020, to December 31, 2024. This indicates that the company has no debt relative to its total assets during these periods. A debt-to-assets ratio of 0.00 suggests that the company is financing its operations primarily through equity, rather than debt. This can be viewed positively by investors and lenders as it signifies a lower financial risk and financial stability, as there is no significant debt burden impacting the company's asset base.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-assets ratio
Ormat Technologies Inc
ORA
0.00
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0.38
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0.42
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0.00
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0.00
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D
0.00
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Edison International
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0.00