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ONDS (Ondas Holdings) Debt-to-Equity : 2.45 (As of Sep. 2024)


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What is Ondas Holdings Debt-to-Equity?

Ondas Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $30.98 Mil. Ondas Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $5.56 Mil. Ondas Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $14.92 Mil. Ondas Holdings's debt to equity for the quarter that ended in Sep. 2024 was 2.45.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Ondas Holdings's Debt-to-Equity or its related term are showing as below:

ONDS' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.31   Med: -0.73   Max: 2.45
Current: 2.45

During the past 9 years, the highest Debt-to-Equity Ratio of Ondas Holdings was 2.45. The lowest was -1.31. And the median was -0.73.

ONDS's Debt-to-Equity is ranked worse than
96.74% of 2179 companies
in the Hardware industry
Industry Median: 0.29 vs ONDS: 2.45

Ondas Holdings Debt-to-Equity Historical Data

The historical data trend for Ondas Holdings's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ondas Holdings Debt-to-Equity Chart

Ondas Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only -0.90 0.53 0.01 0.57 1.07

Ondas Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.74 1.07 1.29 1.85 2.45

Competitive Comparison of Ondas Holdings's Debt-to-Equity

For the Communication Equipment subindustry, Ondas Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ondas Holdings's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ondas Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Ondas Holdings's Debt-to-Equity falls into.



Ondas Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ondas Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Ondas Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ondas Holdings  (NAS:ONDS) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Ondas Holdings Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Ondas Holdings's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Ondas Holdings Business Description

Traded in Other Exchanges
Address
53 Brigham Street, Unit 4, Marlborough, MA, USA, 01752
Ondas Holdings Inc designs, develops, manufactures, sells, and supports FullMAX Software Defined Radio (SDR) technology in the United States, Israel, and India. The company operates in two business segments namely Ondas Networks and Ondas Autonomous Systems. The company generates maximum revenue from Ondas Autonomous Systems through the sales of the Optimus system and separately priced support, maintenance, and ancillary services related to the sale of the Optimus system.
Executives
Eric A Brock director, officer: CEO and Chairman 165 GIBRALTAR COURT, SUNNYVALE CA 94089
Richard M Cohen director C/O CARNEGIE INTERNATIONAL CORP, 11350 MCCORMICK ROAD EXECUTIVE PLAZA #3, HUNT VALLEY MD 21031
Jaspreet K Sood director 61 OLD SOUTH ROAD, #495, NANTUCKET MA 02554
Randy Seidl director C/O ONDAS HOLDINGS INC., 165 GIBRALTAR CT., SUNNYVALE CA 94089
Joseph V Popolo 10 percent owner 3899 MAPLE AVENUE, SUITE 100, DALLAS TX 75219
Yishay Curelaru officer: CFO, Treasurer and Secretary 14 HAMEYASDIM ST., YESOD HAMAALA L3 1210500
Richard H Silverman director 165 GIBRALTAR COURT, SUNNYVALE CA 94089
Thomas Bushey director, officer: President 55 EAST 52ND STREET, NEW YORK NY 10055
Reese Mozer officer: President 411 WAVERLEY OAKS ROAD, SUITE 114, WALTHAM MA 02452
Derek Reisfield director 165 GIBRALTAR COURT, SUNNYVALE CA 94089
Stewart Kantor director, officer: CFO, Pres., Sec., Treasurer 165 GIBRALTAR COURT, SUNNYVALE CA 94089
Robert J Smith 10 percent owner 13650 FIDDLESTICKS BLVD., SUITE 202-324, FT. MYERS FL 33912