Ondas Holdings Inc. (ONDS) — Tangible Net Worth Ratio
Ondas Holdings Inc. (ONDS) has a Tangible Net Worth Ratio of 71.1% as of March 2026. This metric is calculated by deducting intangible assets ($312.51 Million) from net assets ($1.08 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. For live market cap and overall valuation, see ONDS stock market capitalisation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Ondas Holdings Inc. Tangible Net Worth Ratio (2020–2025)
This chart shows how Ondas Holdings Inc.'s Tangible Net Worth Ratio has changed across 6 annual periods from 2020 to 2025. As of March 2026, the ratio stands at 71.1%, reflecting net assets of $1.08 Billion with intangible assets of $312.51 Million USD. Also explore Ondas Holdings Inc. equity growth rate to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Ondas Holdings Inc. (2020–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Ondas Holdings Inc. from 2020 to 2025, covering 6 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. See financial agility of Ondas Holdings Inc. to measure the company's free cash flow as a share of total liabilities.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 71.2% | $474.70 Million | $136.89 Million | $1.14 Billion | ▲ +46.8 pp |
| 2024 | 24.4% | $35.94 Million | $27.18 Million | $109.62 Million | ▼ -6.1 pp |
| 2023 | 30.5% | $45.06 Million | $31.33 Million | $92.16 Million | ▼ -20.0 pp |
| 2022 | 50.4% | $58.22 Million | $28.86 Million | $97.95 Million | ▼ -27.1 pp |
| 2021 | 77.6% | $112.23 Million | $25.17 Million | $117.44 Million | ▼ -19.9 pp |
| 2020 | 97.5% | $15.08 Million | $379.53K | $28.51 Million | — |