Ondas Holdings Inc.
Ondas Inc. provides private wireless, drone, and automated data solutions in the United States and internationally. It operates through two segments: Ondas Networks and Ondas Autonomous Systems. The company designs, develops, manufactures, sells, and supports FullMAX, a software defined radio (SDR) platform for wide-area broadband networks. Its FullMAX SDR platform enables secure and reliable ind… Read more
Ondas Holdings Inc. (ONDS) - Net Assets
Latest net assets as of September 2025: $510.37 Million USD
Based on the latest financial reports, Ondas Holdings Inc. (ONDS) has net assets worth $510.37 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($550.15 Million) and total liabilities ($39.78 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $510.37 Million |
| % of Total Assets | 92.77% |
| Annual Growth Rate | N/A |
| 5-Year Change | 138.3% |
| 10-Year Change | N/A |
| Growth Volatility | 292.23 |
Ondas Holdings Inc. - Net Assets Trend (2014–2024)
This chart illustrates how Ondas Holdings Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ondas Holdings Inc. (2014–2024)
The table below shows the annual net assets of Ondas Holdings Inc. from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $35.94 Million | -20.22% |
| 2023-12-31 | $45.06 Million | -22.61% |
| 2022-12-31 | $58.22 Million | -48.12% |
| 2021-12-31 | $112.23 Million | +644.07% |
| 2020-12-31 | $15.08 Million | +221.35% |
| 2019-12-31 | $-12.43 Million | +16.49% |
| 2018-12-31 | $-14.88 Million | -19104.65% |
| 2017-12-31 | $-77.51K | -41.32% |
| 2016-12-31 | $-54.84K | -170.66% |
| 2015-12-31 | $-20.26K | +99.18% |
| 2014-12-31 | $-2.48 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ondas Holdings Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 22397397900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $9.32K | 0.06% |
| Other Components | $252.94 Million | 1525.28% |
| Total Equity | $16.58 Million | 100.00% |
Ondas Holdings Inc. Competitors by Market Cap
The table below lists competitors of Ondas Holdings Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Metsera, Inc. Common Stock
NASDAQ:MTSR
|
$4.12 Billion |
|
NorthWestern Corporation
NASDAQ:NWE
|
$4.12 Billion |
|
Bath & Body Works Inc.
NYSE:BBWI
|
$4.13 Billion |
|
CLEARWAY ENERGY A NDL-01
F:NY4B
|
$4.13 Billion |
|
Coforge Limited
NSE:COFORGE
|
$4.12 Billion |
|
Andritz AG
PINK:ADRZF
|
$4.12 Billion |
|
Universal Display
NASDAQ:OLED
|
$4.12 Billion |
|
Shandong Himile Mechanical Science & Technology Co Ltd
SHE:002595
|
$4.12 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ondas Holdings Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 33,135,127 to 16,583,307, a change of -16,551,820 (-50.0%).
- Net loss of 38,007,757 reduced equity.
- Dividend payments of 1,504,138 reduced retained earnings.
- New share issuances of 11,679,369 increased equity.
- Other factors increased equity by 11,280,706.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-38.01 Million | -229.19% |
| Dividends Paid | $1.50 Million | -9.07% |
| Share Issuances | $11.68 Million | +70.43% |
| Other Changes | $11.28 Million | +68.02% |
| Total Change | $- | -49.95% |
Book Value vs Market Value Analysis
This analysis compares Ondas Holdings Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 47.56x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | $-1.62 | $11.28 | x |
| 2015-12-31 | $0.00 | $11.28 | x |
| 2016-12-31 | $0.00 | $11.28 | x |
| 2017-12-31 | $0.00 | $11.28 | x |
| 2018-12-31 | $-0.88 | $11.28 | x |
| 2019-12-31 | $-0.71 | $11.28 | x |
| 2020-12-31 | $0.74 | $11.28 | x |
| 2021-12-31 | $3.28 | $11.28 | x |
| 2022-12-31 | $1.38 | $11.28 | x |
| 2023-12-31 | $0.63 | $11.28 | x |
| 2024-12-31 | $0.24 | $11.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ondas Holdings Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -229.19%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -528.42%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 6.61x
- Recent ROE (-229.19%) is below the historical average (-53.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.00% | -77.35% | 1.98x | 0.00x | $-1.31 Million |
| 2015 | 0.00% | -508.22% | 0.48x | 0.00x | $-17.75K |
| 2016 | 0.00% | -627.36% | 0.97x | 0.00x | $-29.10K |
| 2017 | 0.00% | -1569.33% | 0.35x | 0.00x | $-36.91K |
| 2018 | 0.00% | -6365.80% | 0.07x | 0.00x | $-10.61 Million |
| 2019 | 0.00% | -6052.17% | 0.08x | 0.00x | $-18.15 Million |
| 2020 | -89.35% | -622.90% | 0.08x | 1.89x | $-14.99 Million |
| 2021 | -13.39% | -516.86% | 0.02x | 1.05x | $-26.25 Million |
| 2022 | -125.80% | -3445.35% | 0.02x | 1.68x | $-79.06 Million |
| 2023 | -135.34% | -285.79% | 0.17x | 2.78x | $-48.16 Million |
| 2024 | -229.19% | -528.42% | 0.07x | 6.61x | $-39.67 Million |
Industry Comparison
This section compares Ondas Holdings Inc.'s net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $1,490,345,014
- Average return on equity (ROE) among peers: -191.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ondas Holdings Inc. (ONDS) | $510.37 Million | 0.00% | 0.08x | $4.12 Billion |
| AAC Technologies Holdings Inc (AACAY) | $14.21 Billion | 28.32% | 0.71x | $4.55 Billion |
| Applied Opt (AAOI) | $115.01 Million | 3.72% | 0.60x | $2.97 Billion |
| Ability Inc (ABILF) | $5.00 Million | -5.60% | 13.35x | $544.32 |
| ADTRAN Inc (ADTN) | $378.43 Million | 20.17% | 0.27x | $785.61 Million |
| ADVA Optical Networking SE (ADVOF) | $176.06 Million | -16.73% | 0.17x | $243.68 Million |
| Airgain Inc (AIRG) | $46.22 Million | 2.47% | 0.22x | $44.70 Million |
| Aerkomm Inc (AKOM) | $24.19 Million | -98.53% | 2.63x | $805.19K |
| Akoustis Technologies, Inc. (AKTSQ) | $-57.09 Million | 0.00% | 0.00x | $135.67K |
| Amplitech Group Inc (AMPG) | $440.28K | -233.03% | 5.39x | $50.17 Million |
| Actelis Networks Inc. (ASNS) | $388.00K | -1620.10% | 27.93x | $465.34K |