Ormat Technologies Inc (ORA)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 2,425,130 | 2,388,800 | 2,371,240 | 2,352,080 | 2,315,430 | 2,278,830 | 2,254,390 | 2,184,540 | 1,867,570 | 1,846,500 | 1,832,630 | 1,870,670 | 1,855,000 | 1,833,380 | 1,825,080 | 1,816,610 | 1,805,980 | 1,439,740 | 1,428,400 | 1,409,060 |
| Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $2,425,130K)
= 0.00
The debt-to-capital ratio for Ormat Technologies Inc has consistently remained at 0.00 for the period from March 31, 2020, to December 31, 2024. This suggests that the company has not utilized any debt in its capital structure during this time frame. A debt-to-capital ratio of 0.00 indicates that the company's capital structure is entirely composed of equity without any debt financing. This could be seen as a positive sign, as it indicates lower financial risk and may imply a strong financial position with less dependence on debt for funding its operations and growth.
Peer comparison
Dec 31, 2024