Market Cap : 4.69 B | Enterprise Value : 5.86 B | PE Ratio : 66.14 | PB Ratio : 2.36 |
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Ormat Technologies's quarterly construction in progress increased from Jun. 2020 ($394.1 Mil) to Sep. 2020 ($463.1 Mil) and increased from Sep. 2020 ($463.1 Mil) to Dec. 2020 ($479.3 Mil).
Ormat Technologies's annual construction in progress increased from Dec. 2018 ($261.7 Mil) to Dec. 2019 ($376.6 Mil) and increased from Dec. 2019 ($376.6 Mil) to Dec. 2020 ($479.3 Mil).
* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.
It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.
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