ORAOrmat Technologies, Inc.

$103.42

Is it safe?

Can ORA take a bad year?

Ormat Technologies, Inc. holds $414M more cash than debt, and is burning $66M a quarter, about 1.9 years of cover.

$414M

Net cash

Net debt / EBITDA
net cash

Net debt / EBITDA · no net borrowings to measure against earnings

Cash runway
1.9 years

Cash runway · burning $66M a quarter at the current rate

Annualised volatility
31%

Annualised volatility · about as steady as the market itself

Details
Total debtQ2 2026
$100M
Cash and short-term investments
$514M
Net cash
$414M
EBITDA, trailing twelve months
$506M
Operating profit, trailing twelve months
$197M
Debt / equity
0.04×
Total debt / EBITDA
0.20×
Annualised volatilitytwo years of daily moves
31%
Worst drawdown on file
−52%
Below its 52-week high
−29%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.