Return on Tangible Equity (Quarterly)

Return on Tangible Equity: The amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity. Calculated as: Income from Continuing Operations / Tangible Shareholders Equity

Ormat Technologies, Inc. (ORA) had Return on Tangible Equity of 2.02% for the most recently reported fiscal quarter, ending 2024-03-31.

Quarterly Annual

Figures for fiscal quarter ending 2024-03-31

Income Statement Financials
Revenue	$224.17M
Net Income	$38.59M
Cost of Goods Sold	$145.36M
Gross Profit	$78.81M
Operating Expenses	$171.58M
Operating Income	$52.58M
Non-Operating Income/Expense	$-13.21M
Pre-Tax Income	$39.37M
Normalized Pre-Tax Income	$39.37M
Income after Taxes	$39.52M
Income from Continuous Operations	$40.35M
Consolidated Net Income/Loss	$40.35M
Normalized Income after Taxes	$39.52M
EBIT	$52.58M
EBITDA	$114.93M
Weighted-Average Shares Outstanding (Basic)	60.39M
Weighted-Average Shares Outstanding (Diluted)	60.54M
Earnings per Share (EPS) (Basic)	$0.64
Earnings per Share (EPS) (Diluted)	$0.64
Balance Sheet Financials
Current Assets	$609.24M
Property, Plant, and Equipment	$3.22B
Long-Term Assets	$4.91B
Total Assets	$5.52B
Current Liabilities	$546.25M
Long-Term Debt	$1.82B
Long-Term Liabilities	$2.49B
Total Liabilities	$3.04B
Common Equity	$2.48B
Tangible Shareholders Equity	$2.00B
Shareholders Equity	$2.48B
Common Shares Outstanding	60.42M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$115.21M
Cash Flow from Investing Activities	$-377.83M
Cash Flow from Financial Activities	$273.94M
Beginning Cash	$287.77M
End Cash	$298.96M
Increase/Decrease in Cash	$11.19M
Stock-Based Compensation	$4.77M
Common Stock Dividends Paid	$-10.41M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	1.12
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.42
Debt to Equity Ratio	0.86
Gross Margin	35.16%
Operating Margin	23.46%
EBIT Margin	23.46%
EBITDA Margin	--
Pre-Tax Profit Margin	17.56%
Profit Margin	17.21%
Free Cash Flow	$11.82M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.04
Inventory Turnover	2.70
Receiveable Turnover	1.19
Days Sales in Receivables	75.67
Return on Equity	1.63%
Return on Tangible Equity	2.02%
Return on Assets	0.73%
Return on Investments	0.94%
Book Value Per Share	$40.99
Free Cash Flow per Share	$0.20
Operating Cash Flow per Share	$1.90

Data from Zacks Investment Research, Inc.