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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	88.13	195.81	95.87	239.28	448.25	71.17
Short-Term Investments	-	-	-	43.34	-	-
Trading Asset Securities	0.37	-	-	1.46	-	-
Accounts Receivable	184.42	227.07	145.22	132.64	173.71	192.89
Other Receivables	46.36	43.12	31.62	17.33	16.43	22.05
Inventory	47.41	45.04	22.83	28.45	35.32	34.95
Prepaid Expenses	81.62	41.6	29.57	34.46	15.24	12.57
Restricted Cash	88.65	91.96	130.8	104.17	88.53	81.94
Other Current Assets	0.54	1.41	0.8	0.81	1.67	0.1
Total Current Assets	537.49	646	456.72	601.93	779.15	415.66
Property, Plant & Equipment	4,206	3,782	3,365	3,001	2,577	2,360
Goodwill	151.35	90.54	90.33	89.95	24.57	20.14
Other Intangible Assets	309.85	307.61	333.85	363.31	194.42	186.22
Long-Term Investments	126.77	128.47	118.72	143.77	126.05	81.14
Long-Term Deferred Tax Assets	199.01	152.57	161.37	143.45	119.3	129.51
Other Long-Term Assets	47.29	100.73	85.31	82.19	68.11	58.11
Total Assets	5,590	5,208	4,612	4,426	3,889	3,250
Accounts Payable	214.12	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	99.98	119.97	-	-	-	90.55
Current Portion of Long-Term Debt	232.92	179.21	181.77	386.38	80.9	135.5
Current Unearned Revenue	10.01	18.67	8.79	9.25	11.18	2.76
Current Portion of Leases	5.51	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	3.81	10.76	11.12	10.53	10.08	14.8
Total Current Liabilities	566.33	537.01	343.91	544.16	248.65	376.48
Long-Term Debt	2,075	1,797	1,848	1,522	1,377	1,012
Long-Term Leases	23.94	22.03	22.05	20.82	22	25.22
Pension & Post-Retirement Benefits	10.23	11.84	12.83	15.69	18.75	18.75
Long-Term Deferred Tax Liabilities	77.49	66.75	83.47	84.66	87.97	97.13
Other Long-Term Liabilities	312.78	321.63	271.02	230.53	183.14	196.33
Total Liabilities	3,066	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	1,630	1,615	1,259	1,272	1,262	913.15
Retained Earnings	780.96	719.89	623.91	585.21	550.1	487.87
Treasury Stock	-17.96	-17.96	-17.96	-	-	-
Comprehensive Income & Other	-4.59	-1.33	2.5	-2.19	-6.62	-8.65
Total Common Equity	2,389	2,315	1,868	1,855	1,806	1,392
Minority Interest	136.04	136.16	162.99	152.79	145.28	132.24
Shareholders' Equity	2,525	2,452	2,031	2,008	1,951	1,525
Total Liabilities & Equity	5,590	5,208	4,612	4,426	3,889	3,250
Total Debt	2,437	2,123	2,055	1,935	1,486	1,269
Net Cash (Debt)	-2,349	-1,927	-1,960	-1,650	-1,038	-1,198
Net Cash Per Share	-38.70	-32.25	-34.68	-29.26	-19.98	-23.38
Filing Date Shares Outstanding	60.48	60.36	56.1	56.06	55.98	51.03
Total Common Shares Outstanding	60.48	60.36	56.1	56.06	55.98	51.03
Working Capital	-28.84	108.99	112.81	57.78	530.51	39.19
Book Value Per Share	39.50	38.36	33.29	33.09	32.26	27.29
Tangible Book Value	1,928	1,917	1,443	1,402	1,587	1,186
Tangible Book Value Per Share	31.87	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.