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Ormat Industries (XTAE:ORMT) Debt-to-Equity : 1.30 (As of Sep. 2014)


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What is Ormat Industries Debt-to-Equity?

Ormat Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2014 was ₪182 Mil. Ormat Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2014 was ₪3,580 Mil. Ormat Industries's Total Stockholders Equity for the quarter that ended in Sep. 2014 was ₪2,901 Mil. Ormat Industries's debt to equity for the quarter that ended in Sep. 2014 was 1.30.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Ormat Industries's Debt-to-Equity or its related term are showing as below:

XTAE:ORMT's Debt-to-Equity is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 0.78
* Ranked among companies with meaningful Debt-to-Equity only.

Ormat Industries Debt-to-Equity Historical Data

The historical data trend for Ormat Industries's Debt-to-Equity 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 Industries Debt-to-Equity Chart

Ormat Industries Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Debt-to-Equity
Get a 7-Day Free Trial 0.46 0.84 1.13 1.44 1.41

Ormat Industries Quarterly Data
Mar10 Jun10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
Debt-to-Equity Get a 7-Day Free Trial 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 1.42 1.41 1.32 1.31 1.30

Competitive Comparison of Ormat Industries's Debt-to-Equity

For the Utilities - Independent Power Producers subindustry, Ormat Industries's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Industries's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Ormat Industries's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Ormat Industries's Debt-to-Equity falls into.


Ormat Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ormat Industries's Debt to Equity Ratio for the fiscal year that ended in Dec. 2013 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(190.706 + 3692.65) / 2758.419
=1.41

Ormat Industries's Debt to Equity Ratio for the quarter that ended in Sep. 2014 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(182.162 + 3579.572) / 2900.699
=1.30

* 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 Industries  (XTAE:ORMT) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Ormat Industries Debt-to-Equity Related Terms

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