GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Ormat Technologies Inc (LTS:0KDH) » Definitions » Capex-to-Operating-Income

Ormat Technologies (LTS:0KDH) Capex-to-Operating-Income : 1.97 (As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Ormat Technologies Capex-to-Operating-Income?

Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.

Ormat Technologies's Capital Expenditure for the three months ended in Mar. 2024 was $-103.39 Mil. Its Operating Income for the three months ended in Mar. 2024 was $52.58 Mil.

Hence, Ormat Technologies's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 1.97.


Ormat Technologies Capex-to-Operating-Income Historical Data

The historical data trend for Ormat Technologies's Capex-to-Operating-Income 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 Capex-to-Operating-Income Chart

Ormat Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.45 1.66 2.48 3.03 3.63

Ormat Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Capex-to-Operating-Income 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 Premium Member Only Premium Member Only 2.01 6.60 4.57 3.20 1.97

Competitive Comparison of Ormat Technologies's Capex-to-Operating-Income

For the Utilities - Renewable subindustry, Ormat Technologies's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income 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's Capex-to-Operating-Income Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Ormat Technologies's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Ormat Technologies's Capex-to-Operating-Income falls into.



Ormat Technologies Capex-to-Operating-Income Calculation

Ormat Technologies's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-618.383) / 170.318
=3.63

Ormat Technologies's Capex-to-Operating-Income for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-103.386) / 52.583
=1.97

* 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  (LTS:0KDH) Capex-to-Operating-Income Explanation

Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.


Ormat Technologies Capex-to-Operating-Income Related Terms

Thank you for viewing the detailed overview of Ormat Technologies's Capex-to-Operating-Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Ormat Technologies (LTS:0KDH) Business Description

Traded in Other Exchanges
Address
6140 Plumas Street, Reno, NV, USA, 89519-6075
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.

Ormat Technologies (LTS:0KDH) Headlines

No Headlines