Ormat Technologies, Inc. (TLV: ORA)

Ormat Technologies Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	66.26	195.81	95.87	239.28	448.25	71.17
Short-Term Investments	-	-	-	43.34	-	-
Trading Asset Securities	1.38	-	-	1.46	-	-
Accounts Receivable	177.05	227.07	145.22	132.64	173.71	192.89
Other Receivables	43.06	43.12	31.62	17.33	16.43	22.05
Inventory	44.65	45.04	22.83	28.45	35.32	34.95
Prepaid Expenses	86.99	41.6	29.57	34.46	15.24	12.57
Restricted Cash	97.48	91.96	130.8	104.17	88.53	81.94
Other Current Assets	0.13	1.41	0.8	0.81	1.67	0.1
Total Current Assets	517	646	456.72	601.93	779.15	415.66
Property, Plant & Equipment	4,158	3,782	3,365	3,001	2,577	2,360
Goodwill	151.07	90.54	90.33	89.95	24.57	20.14
Other Intangible Assets	316.52	307.61	333.85	363.31	194.42	186.22
Long-Term Investments	129.83	128.47	118.72	143.77	126.05	81.14
Long-Term Deferred Tax Assets	186.19	152.57	161.37	143.45	119.3	129.51
Other Long-Term Assets	43.18	100.73	85.31	82.19	68.11	58.11
Total Assets	5,507	5,208	4,612	4,426	3,889	3,250
Accounts Payable	178.92	140.69	77.55	75.16	75.78	73.27
Accrued Expenses	-	56.07	52.36	49.36	44.71	42.44
Short-Term Debt	99.97	119.97	-	-	-	90.55
Current Portion of Long-Term Debt	225.79	179.21	181.77	386.38	80.9	135.5
Current Unearned Revenue	16.28	18.67	8.79	9.25	11.18	2.76
Current Portion of Leases	5.31	4.64	3.93	5.35	6.09	5.81
Current Income Taxes Payable	-	7	8.39	8.14	19.91	11.34
Other Current Liabilities	4.47	10.76	11.12	10.53	10.08	14.8
Total Current Liabilities	530.73	537.01	343.91	544.16	248.65	376.48
Long-Term Debt	2,038	1,797	1,848	1,522	1,377	1,012
Long-Term Leases	22.16	22.03	22.05	20.82	22	25.22
Pension & Post-Retirement Benefits	10.01	11.84	12.83	15.69	18.75	18.75
Long-Term Deferred Tax Liabilities	78.85	66.75	83.47	84.66	87.97	97.13
Other Long-Term Liabilities	320.26	321.63	271.02	230.53	183.14	196.33
Total Liabilities	3,000	2,757	2,581	2,418	1,938	1,726
Common Stock	0.06	0.06	0.06	0.06	0.06	0.05
Additional Paid-In Capital	1,625	1,615	1,259	1,272	1,262	913.15
Retained Earnings	766.14	719.89	623.91	585.21	550.1	487.87
Treasury Stock	-17.96	-17.96	-17.96	-	-	-
Comprensive Income & Other	-1.75	-1.33	2.5	-2.19	-6.62	-8.65
Total Common Equity	2,371	2,315	1,868	1,855	1,806	1,392
Minority Interest	136.01	136.16	162.99	152.79	145.28	132.24
Shareholders' Equity	2,507	2,452	2,031	2,008	1,951	1,525
Total Liabilities & Equity	5,507	5,208	4,612	4,426	3,889	3,250
Total Debt	2,391	2,123	2,055	1,935	1,486	1,269
Net Cash (Debt)	-2,323	-1,927	-1,960	-1,650	-1,038	-1,198
Net Cash Per Share	-38.31	-32.25	-34.68	-29.26	-19.98	-23.38
Filing Date Shares Outstanding	60.45	60.36	56.1	56.06	55.98	51.03
Total Common Shares Outstanding	60.45	60.36	56.1	56.06	55.98	51.03
Working Capital	-13.74	108.99	112.81	57.78	530.51	39.19
Book Value Per Share	39.22	38.36	33.29	33.09	32.26	27.29
Tangible Book Value	1,904	1,917	1,443	1,402	1,587	1,186
Tangible Book Value Per Share	31.49	31.76	25.73	25.01	28.35	23.24
Land	-	175.58	94.56	88.82	83.71	77.15
Machinery	-	4,637	4,027	3,704	3,373	3,121
Construction In Progress	-	814.97	893.2	721.48	479.32	376.56

Source: S&P Capital IQ. Utility template. Financial Sources.