Not Compliant
—X—
Industry: Electric Utilities | NYSE
Ormat Technologies Inc is not compliant with Shariah. The company’s financials fail all the five standards we check against.
| Market cap: 4,210 M | Rev. Growth: 106.37% |
AAOIFI ✗
| Debt/MC | 39.49% | ✗ |
| Non-Compliant Assets/MC | 1.03% | ✓ |
| Impure Income (incl. Interest) | 0.32% | ✓ |
| Impure Income | % |
| Interest Income | 0.32% |
| Total | 0.32% |
S&P ✗
| Debt/36 mo MC | 42.84% | ✗ |
| Cash/36 mo MC | 6.17% | ✓ |
| AR/36 mo MC | 3.17% | ✓ |
DJIM ✗
| Debt/24 mo MC | 40.86% | ✗ |
| Cash/24 mo MC | 5.88% | ✓ |
| AR/24 mo MC | 3.02% | ✓ |
FTSE ✗
| Debt/Assets | 37.57% | ✗ |
| Cash/Assets | 5.41% | ✓ |
| Cash&AR/Assets | 8.19% | ✓ |
| Impure Income (incl. Interest) | 0.32% | ✓ |
| Impure Income | % |
| Interest Income | 0.32% |
| Total | 0.32% |
MSCI ✗
| Debt/Assets | 37.57% | ✗ |
| Cash/Assets | 5.41% | ✓ |
| Cash&AR/Assets | 8.19% | ✓ |
Recommendation Rating
1
2
3
4
5
1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL
Analysts’ Price Targets
Low: 75
High: 85
Total Analysts: 6
Ormat Technologies, Inc. is a geothermal company engaged in geothermal and recovered energy generation (REG). The Company segments include Electricity Segment, Product Segment and Energy Storage Segment. Electricity segment develops, builds, owns and operates geothermal, solar Photovoltaic (PV) and recovered energy-based power plants in the United States and geothermal power plants in other countries around the world and sell the electricity they generate. The Product segment designs, manufactures and sells equipment for geothermal and recovered energy-based electricity generation and remote power units and provide services relating to the engineering, procurement and construction of geothermal and recovered energy-based power plants. The Energy Storage segment owns and operates grid connected In Front of the Meter (IFM) BESS facilities, which provide capacity, energy and ancillary services directly to the electric grid.
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