Ormat Current Deferred Revenue vs Total Revenue Analysis
ORA Stock | USD 79.37 0.82 1.04% |
Ormat Technologies financial indicator trend analysis is much more than just breaking down Ormat Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ormat Technologies is a good investment. Please check the relationship between Ormat Technologies Current Deferred Revenue and its Total Revenue accounts. 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 metropolitan statistical area. For information on how to trade Ormat Stock refer to our How to Trade Ormat Stock guide.
Current Deferred Revenue vs Total Revenue
Current Deferred Revenue vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ormat Technologies Current Deferred Revenue account and Total Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Ormat Technologies' Current Deferred Revenue and Total Revenue is -0.74. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Ormat Technologies, assuming nothing else is changed. The correlation between historical values of Ormat Technologies' Current Deferred Revenue and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Ormat Technologies are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Current Deferred Revenue i.e., Ormat Technologies' Current Deferred Revenue and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.74 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Total Revenue
Total revenue comprises all receipts Ormat Technologies generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most indicators from Ormat Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ormat Technologies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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 metropolitan statistical area. For information on how to trade Ormat Stock refer to our How to Trade Ormat Stock guide.At present, Ormat Technologies' Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 13.92, whereas Selling General Administrative is forecasted to decline to about 44 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 264.3M | 268.8M | 264.0M | 178.3M | Total Revenue | 663.1M | 734.2M | 829.4M | 516.5M |
Ormat Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Ormat Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ormat Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 51.2M | 51.9M | 56.4M | 56.5M | 59.8M | 48.2M | |
Total Assets | 3.3B | 3.9B | 4.4B | 4.6B | 5.2B | 5.5B | |
Short Long Term Debt Total | 1.3B | 1.5B | 1.9B | 2.1B | 2.1B | 1.1B | |
Other Current Liab | 72.3M | 64.6M | 65.1M | 59.1M | 66.1M | 35.8M | |
Total Current Liabilities | 376.5M | 248.6M | 544.2M | 343.9M | 537.0M | 563.9M | |
Total Stockholder Equity | 1.4B | 1.8B | 1.9B | 1.9B | 2.3B | 2.4B | |
Other Liab | 312.2M | 289.9M | 572.9M | 370.1M | 425.6M | 446.9M | |
Property Plant And Equipment Net | 2.4B | 2.6B | 3.0B | 3.4B | 3.8B | 4.0B | |
Net Debt | 1.2B | 1.0B | 1.7B | 2.0B | 1.8B | 924.8M | |
Retained Earnings | 487.9M | 550.1M | 585.2M | 623.9M | 719.9M | 755.9M | |
Accounts Payable | 141.9M | 75.8M | 75.2M | 77.6M | 140.7M | 88.0M | |
Cash | 71.2M | 448.3M | 239.3M | 95.9M | 287.8M | 302.2M | |
Non Current Assets Total | 2.8B | 3.1B | 3.8B | 4.2B | 4.6B | 4.8B | |
Non Currrent Assets Other | 38.3M | 67.0M | 78.9M | 39.8M | 44.6M | 53.6M | |
Other Assets | 187.6M | 791.8M | 222.4M | 201.1M | 231.3M | 132.5M | |
Long Term Debt | 1.0B | 1.0B | 1.3B | 1.8B | 1.8B | 1.9B | |
Cash And Short Term Investments | 71.2M | 448.3M | 282.6M | 95.9M | 287.8M | 302.2M | |
Net Receivables | 214.9M | 191.7M | 150.8M | 177.6M | 271.6M | 285.2M | |
Liabilities And Stockholders Equity | 3.3B | 3.9B | 4.4B | 4.6B | 5.2B | 5.5B | |
Non Current Liabilities Total | 1.4B | 1.7B | 1.9B | 2.2B | 2.2B | 1.2B | |
Inventory | 34.9M | 35.3M | 28.4M | 22.8M | 45.0M | 47.3M | |
Other Current Assets | 12.7M | 103.9M | 158.2M | 160.4M | 41.6M | 45.3M | |
Other Stockholder Equity | 913.2M | 1.3B | 1.3B | 1.2B | 1.6B | 799.3M | |
Total Liab | 1.7B | 1.9B | 2.4B | 2.6B | 2.8B | 1.4B | |
Property Plant And Equipment Gross | 2.4B | 2.6B | 3.0B | 3.4B | 5.7B | 6.0B | |
Total Current Assets | 415.7M | 779.2M | 601.9M | 456.7M | 646.0M | 356.7M | |
Accumulated Other Comprehensive Income | (8.7M) | (6.6M) | (2.2M) | 2.5M | (1.3M) | (1.4M) | |
Short Term Debt | 231.9M | 87.0M | 391.7M | 185.7M | 303.8M | 319.0M | |
Intangible Assets | 186.2M | 194.4M | 363.3M | 333.8M | 307.6M | 323.0M | |
Property Plant Equipment | 2.4B | 479.3M | 3.0B | 3.4B | 3.9B | 4.1B | |
Good Will | 20.1M | 24.6M | 90.0M | 90.3M | 90.5M | 46.5M | |
Current Deferred Revenue | 2.8M | 11.2M | 9.2M | 8.8M | 19.4M | 25.5M | |
Net Tangible Assets | 1.2B | 1.8B | 1.4B | 1.5B | 1.7B | 1.2B | |
Long Term Debt Total | 1.0B | 1.0B | 1.3B | 1.6B | 1.9B | 1.0B |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 metropolitan statistical area. For information on how to trade Ormat Stock refer to our How to Trade Ormat Stock guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Independent Power and Renewable Electricity Producers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ormat Technologies. If investors know Ormat will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ormat Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.39) | Dividend Share 0.48 | Earnings Share 1.96 | Revenue Per Share 14.733 | Quarterly Revenue Growth 0.018 |
The market value of Ormat Technologies is measured differently than its book value, which is the value of Ormat that is recorded on the company's balance sheet. Investors also form their own opinion of Ormat Technologies' value that differs from its market value or its book value, called intrinsic value, which is Ormat Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ormat Technologies' market value can be influenced by many factors that don't directly affect Ormat Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.