Ondas Holdings Inc. (ONDS) - Net Assets
Based on the latest financial reports, Ondas Holdings Inc. (ONDS) has net assets worth $1.08 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.45 Billion) and total liabilities ($1.37 Billion). 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. Check tangible equity quality of Ondas Holdings Inc. to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.08 Billion |
| % of Total Assets | 44.14% |
| Annual Growth Rate | N/A |
| 5-Year Change | 322.96% |
| 10-Year Change | N/A |
| Growth Volatility | 505.73 |
Ondas Holdings Inc. - Net Assets Trend (2014–2025)
This chart illustrates how Ondas Holdings Inc.'s net assets have evolved over time, based on quarterly financial data. See how many days can Ondas Holdings Inc. fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Ondas Holdings Inc. (2014–2025)
The table below shows the annual net assets of Ondas Holdings Inc. from 2014 to 2025. For live valuation and market cap data, see Ondas Holdings Inc. market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $474.70 Million | +1220.65% |
| 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 35599315600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $38.00K | 0.01% |
| Other Comprehensive Income | $329.00K | 0.08% |
| Other Components | $805.38 Million | 184.15% |
| Total Equity | $437.36 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 |
|---|---|
|
Shandong Xinchao Energy Co Ltd
SHG:600777
|
$4.72 Billion |
|
Fujian Funeng Co Ltd
SHG:600483
|
$4.72 Billion |
|
Liontown Resources Limited
F:LIS
|
$4.73 Billion |
|
Colliers International Group Inc Bats
TO:CIGI
|
$4.73 Billion |
|
Allfunds Group Ltd
AS:ALLFG
|
$4.72 Billion |
|
Balkrishna Industries Limited
NSE:BALKRISIND
|
$4.72 Billion |
|
China Zhenhua Group Science & Technology Co Ltd
SHE:000733
|
$4.71 Billion |
|
Hess Midstream Partners LP
NYSE:HESM
|
$4.71 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 2024 to 2025, total equity changed from 16,583,307 to 437,361,000, a change of 420,777,693 (2537.4%).
- Net loss of 132,019,000 reduced equity.
- Dividend payments of 1,560,000 reduced retained earnings.
- New share issuances of 829,517,000 increased equity.
- Other comprehensive income increased equity by 329,000.
- Other factors decreased equity by 275,489,307.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-132.02 Million | -30.19% |
| Dividends Paid | $1.56 Million | -0.36% |
| Share Issuances | $829.52 Million | +189.66% |
| Other Comprehensive Income | $329.00K | +0.08% |
| Other Changes | $-275.49 Million | -62.99% |
| Total Change | $- | 2537.36% |
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: 4.62x
- 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 | $9.12 | x |
| 2015-12-31 | $0.00 | $9.12 | x |
| 2016-12-31 | $0.00 | $9.12 | x |
| 2017-12-31 | $0.00 | $9.12 | x |
| 2018-12-31 | $-0.88 | $9.12 | x |
| 2019-12-31 | $-0.71 | $9.12 | x |
| 2020-12-31 | $0.74 | $9.12 | x |
| 2021-12-31 | $3.28 | $9.12 | x |
| 2022-12-31 | $1.38 | $9.12 | x |
| 2023-12-31 | $0.63 | $9.12 | x |
| 2024-12-31 | $0.24 | $9.12 | x |
| 2025-12-31 | $1.97 | $9.12 | 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): -30.19%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -260.23%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 2.60x
- Recent ROE (-30.19%) is above the historical average (-51.94%), indicating improving 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 |
| 2025 | -30.19% | -260.23% | 0.04x | 2.60x | $-175.76 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: $189,314,185
- Average return on equity (ROE) among peers: -72.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ondas Holdings Inc. (ONDS) | $1.08 Billion | 0.00% | 1.27x | $4.72 Billion |
| Applied Opt (AAOI) | $333.28 Million | 22.19% | 0.36x | $2.97 Billion |
| ADTRAN Inc (ADTN) | $437.63 Million | 3.96% | 0.19x | $1.22 Billion |
| Airgain Inc (AIRG) | $3.05 Million | 117.49% | 1.86x | $58.36 Million |
| Akoustis Technologies, Inc. (AKTSQ) | $-57.09 Million | 0.00% | 0.00x | $138.60K |
| Amplitech Group Inc (AMPG) | $91.07K | -845.48% | 3.88x | $75.54 Million |
| Actelis Networks Inc. (ASNS) | $-8.81 Million | 0.00% | 0.00x | $635.00K |
| Ast Spacemobile Inc (ASTS) | $213.56 Million | -41.00% | 0.69x | $22.55 Billion |
| Aviat Networks Inc (AVNW) | $117.53 Million | 9.96% | 0.45x | $243.13 Million |
| Belden Inc (BDC) | $825.52 Million | 8.02% | 3.02x | $4.37 Billion |
| BK Technologies Inc (BKTI) | $28.39 Million | -2.32% | 0.23x | $310.35 Million |
About Ondas Holdings Inc.
Ondas Inc. provides private wireless, drone, and automated data solutions in the United States and internationally. It operates through the Ondas Networks and Ondas Autonomous Systems segments. The company offers Counter-UAS (CUAS) and site protection systems, including iron drone raider, a fully autonomous interceptor drone system for neutralizing small hostile drones; sentrycs CoRF, Cyber/RF-ba… Read more