Ormat Technologies (LTS:0KDH) Construction In Progress : $837.2 Mil (As of Mar. 2024)

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What is Ormat Technologies Construction In Progress?

Ormat Technologies's quarterly construction in progress declined from Sep. 2023 ($841.5 Mil) to Dec. 2023 ($815.0 Mil) but then increased from Dec. 2023 ($815.0 Mil) to Mar. 2024 ($837.2 Mil).

Ormat Technologies's annual construction in progress increased from Dec. 2021 ($721.5 Mil) to Dec. 2022 ($893.2 Mil) but then declined from Dec. 2022 ($893.2 Mil) to Dec. 2023 ($815.0 Mil).

Ormat Technologies Construction In Progress Historical Data

The historical data trend for Ormat Technologies's Construction In Progress 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.

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Ormat Technologies Construction In Progress Chart

Ormat Technologies Annual Data

Trend

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Dec23

Construction In Progress

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376.56

479.32

721.48

893.20

814.97

Ormat Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															905.51	714.85	841.54	814.97	837.21

Ormat Technologies Construction In Progress Calculation

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.

Ormat Technologies (LTS:0KDH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Ormat Technologies Inc (LTS:0KDH) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

ORA:USA 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.

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