Ondas Holdings Inc. (ONDS) — Tangible Net Worth Ratio
Ondas Holdings Inc. (ONDS) has a Tangible Net Worth Ratio of 63.0% as of June 2026. This metric is calculated by deducting intangible assets ($583.27 Million) from net assets ($1.58 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. Also explore ONDS net assets growth trend to track the company's year-over-year net asset growth rate.
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 June 2026, the ratio stands at 63.0%, reflecting net assets of $1.58 Billion with intangible assets of $583.27 Million USD. Check Ondas Holdings Inc. strategic capital allocation to assess the company's strategic physical and investment asset allocation.
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. For live market cap and overall valuation, see ONDS stock market capitalisation.
| 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 | — |