Is Ormat Technologies financially healthy?
Not really
Ormat Technologies carries heavy debt: it would take 5.0 years of earnings to pay it off.
The numbers behind it
Net debt / EBITDA5.0 years
Cash vs. debt$147M vs. $2.8B
Current ratio0.8×Short-term assets for each $1 of bills due within a year
Interest coverage1.7×How many times operating profit covers the interest bill
How we decide
We measure debt in years of earnings (net debt / EBITDA): under 1 is very comfortable, 1 to 3 is manageable, above 3 is heavy. A company that earns less than 3 times its interest bill also counts as weak.
More questions about Ormat Technologies
Data as of Nov 13, 2026.