Ondas Holdings Inc. (ONDS) — Working Capital to Net Assets Ratio
Ondas Holdings Inc. (ONDS) has a Working Capital to Net Assets ratio of 114.6% as of December 2025. Working capital of $544.08 Million (current assets of $685.90 Million minus current liabilities of $141.82 Million) is measured against net assets of $474.70 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See ONDS equity financing ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Ondas Holdings Inc. Working Capital to Net Assets (2014–2025)
This chart shows how Ondas Holdings Inc.'s Working Capital to Net Assets ratio has evolved across 12 annual periods from 2014 to 2025. As of December 2025, the ratio stands at 114.6%, reflecting working capital of $544.08 Million against net assets of $474.70 Million USD. Check how tangible is Ondas Holdings Inc.'s equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Ondas Holdings Inc. (2014–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Ondas Holdings Inc. from 2014 to 2025, covering 12 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Ondas Holdings Inc. (ONDS) market capitalisation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 114.6% | $544.08 Million | $474.70 Million | $685.90 Million | $141.82 Million | ▲ +123.1 pp |
| 2024 | -8.5% | $-3.06 Million | $35.94 Million | $47.52 Million | $50.58 Million | ▲ +18.9 pp |
| 2023 | -27.4% | $-12.33 Million | $45.06 Million | $23.61 Million | $35.94 Million | ▼ -49.8 pp |
| 2022 | 22.5% | $13.08 Million | $58.22 Million | $35.80 Million | $22.73 Million | ▼ -13.2 pp |
| 2021 | 35.7% | $40.03 Million | $112.23 Million | $44.66 Million | $4.62 Million | ▼ -66.5 pp |
| 2020 | 102.1% | $15.40 Million | $15.08 Million | $27.89 Million | $12.49 Million | ▼ -0.5 pp |
| 2019 | 102.6% | $-12.76 Million | $-12.43 Million | $3.30 Million | $16.06 Million | ▲ +0.5 pp |
| 2018 | 102.1% | $-15.20 Million | $-14.88 Million | $2.04 Million | $17.25 Million | ▲ +2.1 pp |
| 2017 | 100.0% | $-77.51K | $-77.51K | $8.13K | $85.63K | ▲ +0.0 pp |
| 2016 | 100.0% | $-54.84K | $-54.84K | $5.66K | $60.50K | ▲ +0.0 pp |
| 2015 | 100.0% | $-20.26K | $-20.26K | $8.04K | $28.30K | ▼ -3.4 pp |
| 2014 | 103.4% | $-2.56 Million | $-2.48 Million | $933.30K | $3.49 Million | — |