SELECT id, `name`, primary_key, `key`, treemapgroup, name_cn, zacks_table_name, compare_key, compare_display_name from gurufocu_main.financial_definition where termpagedisplay=1 and `key` = 'Cash Flow from Operations' ORA (Ormat Technologies) Cash Flow from Operations
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Ormat Technologies Inc (NYSE:ORA) » Definitions » Cash Flow from Operations

Ormat Technologies (Ormat Technologies) Cash Flow from Operations

: $309.4 Mil (TTM As of Dec. 2023)
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Cash flow from operations refers to the cash brought in through a company's normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

For the three months ended in Dec. 2023, Ormat Technologies's Net Income From Continuing Operations was $38.8 Mil. Its Depreciation, Depletion and Amortization was $59.9 Mil. Its Change In Working Capital was $11.4 Mil. Its cash flow from deferred tax was $22.9 Mil. Its Cash from Discontinued Operating Activities was $0.0 Mil. Its Asset Impairment Charge was $0.0 Mil. Its Stock Based Compensation was $4.2 Mil. And its Cash Flow from Others was $1.9 Mil. In all, Ormat Technologies's Cash Flow from Operations for the three months ended in Dec. 2023 was $139.1 Mil.

Ormat Technologies Cash Flow from Operations Historical Data

The historical data trend for Ormat Technologies's Cash Flow from Operations can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ormat Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Flow from Operations
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 236.49 265.01 258.82 280.97 309.40

Ormat Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cash Flow from Operations Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 74.73 56.46 74.05 39.75 139.15

Ormat Technologies Cash Flow from Operations Calculation

Cash flow from operations refers to the cash brought in through a company's normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

Ormat Technologies's Cash Flow from Operations for the fiscal year that ended in Dec. 2023 is calculated as:

Cash Flow from Operations(A: Dec. 2023 )
=Net Income From Continuing Operations+Depreciation, Depletion and Amortization+Change In Working Capital+Deferred Tax
=133.137+224.797+-44.491+-27.365
+Cash from Discontinued Operating Activities+Asset Impairment Charge+Stock Based Compensation+Cash Flow from Others
+0+3.733+15.48+4.11
=309.4

Ormat Technologies's Cash Flow from Operations for the quarter that ended in Dec. 2023 is:

Cash Flow from Operations(Q: Dec. 2023 )
=Net Income From Continuing Operations+Depreciation, Depletion and Amortization+Change In Working Capital+Deferred Tax
=38.833+59.892+11.398+22.878
+Cash from Discontinued Operating Activities+Asset Impairment Charge+Stock Based Compensation+Cash Flow from Others
+0+0+4.24+1.904
=139.1

Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $309.4 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ormat Technologies  (NYSE:ORA) Cash Flow from Operations Explanation

For companies reported in indirect method, cash flow from operations contains six items:

1. Net Income From Continuing Operations:
Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Ormat Technologies's net income from continuing operations for the three months ended in Dec. 2023 was $38.8 Mil.

2. Depreciation, Depletion and Amortization:
Depreciation is a present expense that accounts for the past cost of an asset that is now providing benefits.
Depletion and amortization are synonyms for depreciation.
Generally:
The term depreciation is used when discussing man made tangible assets
The term depletion is used when discussing natural tangible assets
The term amortization is used when discussing intangible assets

Ormat Technologies's depreciation, depletion and amortization for the three months ended in Dec. 2023 was $59.9 Mil.

3. Change In Working Capital:
Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities. Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow.

Ormat Technologies's change in working capital for the three months ended in Dec. 2023 was $11.4 Mil. It means Ormat Technologies's working capital increased by $11.4 Mil from Sep. 2023 to Dec. 2023 .

4. Deferred Tax:
It is the cash flow generated from deferred tax.

Ormat Technologies's cash flow from deferred tax for the three months ended in Dec. 2023 was $22.9 Mil.

5. Cash from Discontinued Operating Activities:
Net cash from all of the entity's discontinued operating activities.

Ormat Technologies's cash from discontinued operating Activities for the three months ended in Dec. 2023 was $0.0 Mil.

6. Asset Impairment Charge:
It is the charge against earnings resulting from the aggregate write down of all assets from their carrying value to their fair value.

Ormat Technologies's asset impairment charge for the three months ended in Dec. 2023 was $0.0 Mil.

7. Stock Based Compensation:
It is a way corporations use stock options to reward employees. It provides executives and employees the opportunity to share in the growth of the company and, if structured properly, can align their interests with the interests of the company's shareholders and investors, without burning the company's cash on hand.

Ormat Technologies's stock based compensation for the three months ended in Dec. 2023 was $4.2 Mil.

8. Cash Flow from Others:
These are cash differences caused by the change of inventory, accounts payable, accounts receivable etc. For instance, if a company pays its suppliers slower, its cash position will build up faster. If a company receives payments from its customers slower, its account receivables will rise, and its cash position will grow more slowly (or even shrink).

Ormat Technologies's cash flow from others for the three months ended in Dec. 2023 was $1.9 Mil.

Ormat Technologies Cash Flow from Operations Related Terms

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Ormat Technologies (Ormat Technologies) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Ormat Technologies Inc (NYSE:ORA) » Definitions » Cash Flow from Operations
Comparable Companies
NEP CWEN.A FLNC RNW AY AMPS NRGV ELLO VGAS ALCE CEG ISX:BREN GEVw BOM:541450 WBO:VER SHSE:600025 OCSE:ORSTED XPRA:CEZ BSP:ELET3 SHSE:600905
Traded in Other Exchanges
ORA:Israel HNM:Germany
Address
6140 Plumas Street, Reno, NV, USA, 89519-6075
Website
https://www.ormat.com
Ormat Technologies Inc is engaged in the geothermal energy power business. The company is engaged in three business segments: 1) Electricity Segment. where the company develops, builds, owns and operates geothermal, solar PV and recovered energy-based power plants in the United States and geothermal power plants in other countries and sell the electricity generated. 2) Product Segment includes designing, manufacturing and selling equipment for geothermal and recovered energy-based electricity generation and providing services relating to the engineering, procurement and construction of geothermal and recovered energy-based power plants. 3) Energy Storage Segment includes owning and operating grid-connected which provide capacity, energy and ancillary services directly to the electric grid.
Executives
Dafna Sharir director C/O AMPAL AMERICAN ISRAEL CORP, 111 ARLOZOROV STREET, TEL AVIV ISREL L3 00000
Isaac Angel officer: CEO Appointee 2099 GATEWAY PLACE, SUITE 600 CA 95110
Doron Blachar officer: CFO 6225 NEIL ROAD, RENO NV 89511
Stanley Stern director C/O THCG, INC, 650 MADISON AVENUE, 21ST FL, NEW YORK NY 10022
Orix Corp 10 percent owner WORLD TRADE CENTER BLDG., SOUTH TOWER, 2-4-1 HAMAMATSU-CHO, MINATO-KU, TOKYO M0 105 5135
Byron G. Wong director 2 TRAILS END, WESTPORT CT 06880
David Granot director 6225 NEIL ROAD, RENO NV 89511
Shimon Hatzir officer: VP, Elect. & Conceptual Engin. 6225 NEIL ROAD, SUITE 300, C/O ORMAT TECHNOLOGIES, INC., RENO NV 89511
Shlomi Argas officer: V.P., Projects 6225 NEIL ROAD, RENO NV 89511
Karin Corfee director 6140 PLUMAS STREET, RENO NV 89519
Michal Marom director 6140 PLUMAS STREET, RENO NV 89519
Dan Falk director 6225 NEIL ROAD, SUITE 300, C/O ORMAT TECHNOLOGIES, INC., RENO NV 89511
Jessica Woelfel officer: General Counsel and CCO 6140 PLUMAS STREET, RENO NV 89519
Mike Nikkel director 6140 PLUMAS STREET, RENO NV 89519
Zvi Krieger officer: VP, Geothermal Enginerring 6225 NEIL ROAD, SUITE 300, C/O ORMAT TECHNOLOGIES, INC., RENO NV 89511