Shlomi Argas - Ormat Technologies Executive Vice President - Projects

ORA Stock   26,780  1,570  5.54%   

President

Mr. Shlomi Argas is the Executive Vice PresidentOperations and Products since January 1, 2018. From 2014 to 2017, Mr. Argas served as our Executive Vice PresidentProjects and was responsible for management of Geodrill, our drilling company. From 2009 until 2014, Mr. Argas served as our Vice President responsible for management of geothermal projects and Recovered Energy Generation projects. From 2006 to 2009, Mr. Argas served as Manager of the REG Projects Department, responsible for the design and installation of REG power plants. From 1994 to 2006, Mr. Argas served in our Product Engineering Department as a Product Engineer since 2018.
Age 58
Tenure 6 years
Phone775 356 9029
Webhttps://www.ormat.com
Argas earned a BS in Mechanical Engineering from BenGurion University in 1992 and a Certificate from the Technology Institute of Management, Executive Management Program.

Ormat Technologies Management Efficiency

The company has return on total asset (ROA) of 0.0252 % which means that it generated a profit of $0.0252 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0401 %, meaning that it generated $0.0401 on every $100 dollars invested by stockholders. Ormat Technologies' management efficiency ratios could be used to measure how well Ormat Technologies manages its routine affairs as well as how well it operates its assets and liabilities.
Ormat Technologies has accumulated 1.52 B in total debt with debt to equity ratio (D/E) of 87.3, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Ormat Technologies has a current ratio of 1.54, which is within standard range for the sector. Debt can assist Ormat Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Ormat Technologies' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ormat Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ormat to invest in growth at high rates of return. When we think about Ormat Technologies' use of debt, we should always consider it together with cash and equity.

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Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guatemala, New Zealand, and internationally. Ormat Technologies, Inc. was founded in 1965 and is based in Reno, Nevada. ORMAT TECHNOLOGIES operates under Utilities - Independent Power Producers classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 1346 people. Ormat Technologies (ORA) is traded on Tel Aviv Stock Exchange in Israel and employs 1,385 people.

Management Performance

Ormat Technologies Leadership Team

Elected by the shareholders, the Ormat Technologies' board of directors comprises two types of representatives: Ormat Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ormat. The board's role is to monitor Ormat Technologies' management team and ensure that shareholders' interests are well served. Ormat Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ormat Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.
Smadar Lavi, IR Contact Officer
Jessica Woelfel, Chief Counsel
Etty Rosner, Senior Vice President - Contract Management, Corporate Secretary
Shimon Hatzir, Executive VP of Engineering
Shlomi Argas, Executive Vice President - Projects
Ofer Benyosef, Exec Devel
Liza Tavori, VP HR
Bob Sullivan, Executive Vice President of Sales and Marketing and Business Development
Doron Blachar, Chief Officer
Assaf Ginzburg, Chief Officer

Ormat Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Ormat Technologies a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Additional Information and Resources on Investing in Ormat Stock

When determining whether Ormat Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ormat Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ormat Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ormat Technologies Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ormat Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Ormat Stock refer to our How to Trade Ormat Stock guide.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Please note, there is a significant difference between Ormat Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ormat Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ormat Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.