Ondas Holdings Financials

ONDS Stock  USD 0.81  0.10  14.08%   
Based on the key indicators related to Ondas Holdings' liquidity, profitability, solvency, and operating efficiency, Ondas Holdings is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, Ondas Holdings' Short Term Debt is comparatively stable compared to the past year. Other Assets is likely to gain to about 263.5 K in 2024, whereas Total Stockholder Equity is likely to drop slightly above 23.4 M in 2024. Key indicators impacting Ondas Holdings' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio1.220.6568
Way Up
Slightly volatile
The essential information of the day-to-day investment outlook for Ondas Holdings includes many different criteria found on its balance sheet. An individual investor should monitor Ondas Holdings' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Ondas Holdings.

Net Income

(42.6 Million)

  
Understanding current and past Ondas Holdings Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ondas Holdings' financial statements are interrelated, with each one affecting the others. For example, an increase in Ondas Holdings' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Ondas Holdings' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Ondas Holdings. Check Ondas Holdings' Beneish M Score to see the likelihood of Ondas Holdings' management manipulating its earnings.

Ondas Holdings Stock Summary

Ondas Holdings competes with Hewlett Packard, Juniper Networks, Ciena Corp, Motorola Solutions, and Cisco Systems. Ondas Holdings Inc., through its subsidiaries, provides private wireless, drone, and automated data solutions. It serves users in rail, energy, mining, agriculture, and critical infrastructure markets in the United States and internationally. Ondas Holdings operates under Communication Equipment classification in the United States and is traded on NASDAQ Exchange. It employs 74 people.
Specialization
Information Technology, Technology Hardware & Equipment
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS68236H2040
CUSIP68236H204 68236H105
LocationMassachusetts; U.S.A
Business Address411 Waverley Oaks
SectorElectronic Equipment, Instruments & Components
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.ondas.com
Phone888 350 9994
CurrencyUSD - US Dollar

Ondas Holdings Key Financial Ratios

Ondas Holdings Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets4.3M28.5M117.4M97.9M92.2M96.8M
Other Current Liab2.8M3.1M929.0K3.3M4.1M2.6M
Net Debt9.0M(18.0M)(39.7M)3.6M20.3M21.3M
Retained Earnings(51.8M)(65.2M)(80.3M)(153.5M)(198.4M)(188.4M)
Accounts Payable2.3M2.4M2.4M3.0M5.2M5.4M
Cash2.2M26.1M40.8M29.8M15.0M14.0M
Inventory427.5K1.2M1.2M2.2M2.2M2.3M
Total Liab16.7M13.4M5.2M39.7M47.1M49.5M
Total Current Assets3.3M27.9M44.7M35.8M23.6M16.8M
Short Term Debt10.6M7.1M1.1M16.4M26.4M27.7M
Common Stock5.9K2.7K4.1K4.4K6.2K3.6K
Other Assets52.2K28.6K(1.0)218.2K250.9K263.5K
Net Receivables20.2K47.6K1.2M104.3K4.2M4.5M
Net Tangible Assets(12.8M)14.7M42.0M58.2M67.0M70.3M
Other Current Assets700.6K629.0K1.4M3.7M2.2M1.7M
Net Invested Capital(1.8M)23.1M112.5M88.6M61.9M52.0M
Capital Stock5.9K2.7K4.1K4.4K6.2K5.2K
Net Working Capital(12.8M)15.4M40.0M14.2M(12.3M)(11.7M)
Intangible Assets326.3K379.5K25.2M28.8M31.3M15.8M

Ondas Holdings Key Income Statement Accounts

The reason investors look at the income statement is to determine what Ondas Holdings' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Total Revenue320.4K2.2M2.9M2.1M15.7M16.5M
Gross Profit241.3K927.7K1.1M1.1M6.4M6.7M
Operating Income(15.4M)(11.5M)(18.0M)(50.0M)(39.7M)(37.7M)
Ebit(15.4M)(11.5M)(17.4M)(69.5M)(40.7M)(38.7M)
Ebitda(15.3M)(11.1M)(15.6M)(64.6M)(34.6M)(32.9M)
Cost Of Revenue79.1K1.2M1.8M1.0M9.3M9.8M
Income Before Tax(19.4M)(13.5M)(17.9M)(73.2M)(44.8M)(42.6M)
Net Income(22.3M)(15.4M)(15.0M)(92.7M)(44.8M)(42.6M)
Net Interest Income(2.9M)(1.9M)(564.1K)(3.7M)(6.9M)(6.5M)
Interest Income1.9K251.011.6K25.5K33.3K34.9K
Interest Expense2.9M1.9M575.7K3.8M4.2M2.9M
Research Development5.4M3.6M5.8M24.0M17.1M10.8M
Income Tax Expense2.9M2.0M(2.9M)19.4M1.5M1.4M

Ondas Holdings Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(79.6K)(297.9K)(126.5K)(994.7K)1.5M1.6M
Change In Cash1.0M23.9M14.8M(11.0M)(14.8M)(14.0M)
Free Cash Flow(15.0M)(7.6M)(17.9M)(40.9M)(34.3M)(32.6M)
Capital Expenditures352.0K39.7K1.0M2.9M281.1K267.1K
Net Income(19.4M)(13.5M)(15.0M)(73.2M)(44.8M)(42.6M)
End Period Cash Flow2.2M26.1M40.8M29.8M15.0M14.1M
Net Borrowings10M(4.0M)(7.1M)27.7M31.9M33.5M
Depreciation62.9K117.6K1.8M4.9M6.1M6.4M
Other Non Cash Items119.1K992.7K(347.3K)23.4M7.6M6.2M
Change To Netincome1.3M4.7M(136.4K)25.3M29.1M30.5M

Ondas Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Ondas Holdings's current stock value. Our valuation model uses many indicators to compare Ondas Holdings value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ondas Holdings competition to find correlations between indicators driving Ondas Holdings's intrinsic value. More Info.
Ondas Holdings is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Ondas Holdings' Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Ondas Holdings by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Ondas Holdings Systematic Risk

Ondas Holdings' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ondas Holdings volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Ondas Holdings correlated with the market. If Beta is less than 0 Ondas Holdings generally moves in the opposite direction as compared to the market. If Ondas Holdings Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ondas Holdings is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ondas Holdings is generally in the same direction as the market. If Beta > 1 Ondas Holdings moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Ondas Holdings Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Ondas Holdings' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Ondas Holdings growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0316

At this time, Ondas Holdings' Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Ondas Holdings November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Ondas Holdings help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ondas Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ondas Holdings based on widely used predictive technical indicators. In general, we focus on analyzing Ondas Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ondas Holdings's daily price indicators and compare them against related drivers.

Additional Tools for Ondas Stock Analysis

When running Ondas Holdings' price analysis, check to measure Ondas Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ondas Holdings is operating at the current time. Most of Ondas Holdings' value examination focuses on studying past and present price action to predict the probability of Ondas Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ondas Holdings' price. Additionally, you may evaluate how the addition of Ondas Holdings to your portfolios can decrease your overall portfolio volatility.