ORAOrmat Technologies, Inc.
Is it safe?
Solid, nothing alarming. No accounting flags, quality moderate.
Reported earnings show no manipulation flags Beneish M-score, a forensic model that detects earnings-manipulation patterns (receivables outrunning sales, margins slipping, accrual-heavy profit).
Mixed fundamental signals Piotroski F-score, nine pass/fail tests of year-over-year financial health across profitability, balance sheet and efficiency. 7 to 9 is strong, 0 to 3 weak.
Net cash and profitable. A rule of thumb on leverage, not a credit rating.
Moderate price swings, typical volatility. Worst drawdown -52% · now 39% below its 52-week high.
Unless marked, from SEC EDGAR, as of Dec 31, 2025.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
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.
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
- 32%
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
- 32%
- Worst drawdown on file
- −52%
- Below its 52-week high
- 39%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.