Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Ormat TechnologiesORA -1.29%86 Cash Ratio is 0.65 as of Mar. 2026, which is 67% above its 10-year median of 0.39. GuruFocus rates ORA with a GF Score™ of 86/100 and a GF Value™ of $101.57 (Fairly Valued). The stock has 8 warning signs investors should review. Among 438 Utilities - Independent Power Producers companies, Ormat Technologies ranks better than 61.87% on this metric.
Ormat Technologies has a Cash Ratio of 0.65. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.
The historical rank and industry rank for Ormat Technologies's Cash Ratio or its related term are showing as below:
ORA'
s Cash Ratio Range Over the Past 10 Years
Min: 0.12 Med: 0.39 Max: 1.8
Current: 0.65
During the past 13 years, Ormat Technologies's highest Cash Ratio was 1.80. The lowest was 0.12. And the median was 0.39.
Ormat Technologies (NYSE:ORA) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Ormat Technologies Cash Ratio Related Terms
Ormat Technologies Cash Ratio Historical Data
* Premium members only.
The historical data trend for Ormat Technologies's Cash Ratio 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.
For the Utilities - Renewable subindustry, Ormat Technologies's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ormat Technologies Cash Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Ormat Technologies's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Ormat Technologies's Cash Ratio falls into.
* 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 (ORA) has a Cash Ratio of 0.65 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Ormat Technologies and its competitors. This is 67% above median its historical median of 0.39. Over the past decade, Ormat Technologies' Cash Ratio has ranged from 0.12 to 1.80. According to the industry distribution chart, Ormat Technologies ranks #167 out of 438 companies in the Utilities - Independent Power Producers industry, placing it in the top 38.1%.
Is Ormat Technologies' Cash Ratio too high?
Ormat Technologies' current Cash Ratio of 0.65 is 67% above median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 1.80. The Utilities - Independent Power Producers industry median Cash Ratio is 0.44. Ormat Technologies' value of 0.65 is 47.7% above this industry median. Based on the distribution chart, Ormat Technologies ranks #167 out of 438 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Ormat Technologies has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ormat Technologies' Cash Ratio compare to MWH and CWEN?
According to the Utilities - Independent Power Producers industry distribution chart, Ormat Technologies ranks #167 out of 438 companies for Cash Ratio. This puts Ormat Technologies in the upper half of its industry. The industry median Cash Ratio is 0.44. Ormat Technologies' value of 0.65 is 47.7% above this benchmark. Historically, Ormat Technologies' own Cash Ratio has ranged from 0.12 to 1.80 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 0.44, Ormat Technologies has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for an Utilities - Independent Power Producers company?
The median Cash Ratio among Utilities - Independent Power Producers companies is 0.44, based on 438 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ormat Technologies's current Cash Ratio of 0.65 is 47.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Ormat Technologies and its competitors. For the Utilities - Independent Power Producers industry, the median Cash Ratio is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ormat Technologies's current Cash Ratio is 0.65, which is 67% above median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ormat Technologies stock overvalued right now?
Based on GuruFocus' analysis, Ormat Technologies (ORA) is currently considered Fairly Valued. The stock's GF Value™ is $101.57, compared to a current price of $103.74 — trading 2.1% above its estimated fair value. The current Cash Ratio is 0.65, which is 67% above median its 10-year median of 0.39 and 47.7% above the Utilities - Independent Power Producers industry median of 0.44. Ormat Technologies' overall GF Score™ is 86/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Ormat Technologies (ORA), the current Cash Ratio is 0.65 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ormat Technologies (ORA) Overvalued in 2026?
Based on GuruFocus' analysis, Ormat Technologies stock appears to be overvalued.
The current stock price of $103.74 is trading 2.1% above its estimated GF Value™ of $101.57.
GuruFocus considers Ormat Technologies to be Fairly Valued.
Key valuation signals for ORA:
Cash Ratio: 0.65 (67% above median its 10-year median of 0.39)
GF Value™: $101.57 vs. price of $103.74 (2.1% above fair value)
Industry Position: 47.7% above the Utilities - Independent Power Producers median (#167 of 438)
No single metric tells the full story. See the ORA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ormat Technologies Inc is engaged in the geothermal and recovered energy power business. It is engaged in three business segments: the 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 sells the electricity generated. 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 & recovered energy-based power plants. Energy Storage Segment includes owning & operating grid-connected which provide capacity, energy, & ancillary services directly to the electric grid.
86GF Score
Get the complete analysis for ORA
Cash Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ORA has been successfully added to your 
