Ondas Other Stockholder Equity vs Net Debt Analysis

ONDS Stock  USD 0.86  0.03  3.37%   
Ondas Holdings financial indicator trend analysis is much more than just breaking down Ondas Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ondas Holdings is a good investment. Please check the relationship between Ondas Holdings Other Stockholder Equity and its Net Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ondas Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Ondas Stock please use our How to Invest in Ondas Holdings guide.

Other Stockholder Equity vs Net Debt

Other Stockholder Equity vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ondas Holdings Other Stockholder Equity account and Net Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Ondas Holdings' Other Stockholder Equity and Net Debt is -0.06. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Net Debt in the same time period over historical financial statements of Ondas Holdings, assuming nothing else is changed. The correlation between historical values of Ondas Holdings' Other Stockholder Equity and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Ondas Holdings are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Other Stockholder Equity i.e., Ondas Holdings' Other Stockholder Equity and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.06
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Stockholder Equity

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from Ondas Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ondas Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ondas Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Ondas Stock please use our How to Invest in Ondas Holdings guide.At this time, Ondas Holdings' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is expected to grow at the current pace this year, whereas Enterprise Value Over EBITDA is likely to drop (3.06) in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses19.1M51.1M46.1M48.4M
Cost Of Revenue1.8M1.0M9.3M9.8M

Ondas Holdings fundamental ratios Correlations

0.710.510.680.870.68-0.12-0.880.830.860.860.840.910.740.90.650.620.720.70.950.960.790.960.770.570.67
0.710.750.960.290.360.56-0.940.90.420.420.680.911.00.510.970.730.990.750.750.850.920.650.830.680.8
0.510.750.780.20.480.32-0.740.750.440.440.520.720.770.50.760.760.70.480.640.620.590.470.510.470.58
0.680.960.780.240.490.54-0.930.950.410.410.610.890.980.491.00.810.940.810.720.820.880.60.840.480.63
0.870.290.20.240.65-0.56-0.530.480.910.910.690.610.310.90.190.370.290.340.80.710.420.870.420.410.44
0.680.360.480.490.65-0.29-0.570.680.680.680.470.560.430.690.420.740.320.480.670.580.370.640.450.040.14
-0.120.560.320.54-0.56-0.29-0.310.29-0.51-0.510.070.190.52-0.430.60.220.580.41-0.060.110.48-0.110.420.20.3
-0.88-0.94-0.74-0.93-0.53-0.57-0.31-0.97-0.64-0.64-0.82-0.98-0.96-0.71-0.92-0.75-0.94-0.83-0.9-0.96-0.94-0.82-0.89-0.61-0.76
0.830.90.750.950.480.680.29-0.970.610.610.720.950.940.670.920.80.890.850.840.920.880.740.880.450.6
0.860.420.440.410.910.68-0.51-0.640.611.00.640.730.460.990.350.530.390.320.850.760.430.80.380.490.51
0.860.420.440.410.910.68-0.51-0.640.611.00.640.730.460.990.350.530.390.320.850.760.430.80.380.490.51
0.840.680.520.610.690.470.07-0.820.720.640.640.810.690.720.590.510.720.660.910.860.80.910.750.610.77
0.910.910.720.890.610.560.19-0.980.950.730.730.810.930.790.860.710.910.760.920.980.90.830.830.670.78
0.741.00.770.980.310.430.52-0.960.940.460.460.690.930.540.980.760.990.780.770.870.930.670.850.630.76
0.90.510.50.490.90.69-0.43-0.710.670.990.990.720.790.540.430.590.480.40.90.810.510.850.460.540.58
0.650.970.761.00.190.420.6-0.920.920.350.350.590.860.980.430.780.950.80.680.790.880.580.840.50.64
0.620.730.760.810.370.740.22-0.750.80.530.530.510.710.760.590.780.660.50.730.630.560.620.530.380.49
0.720.990.70.940.290.320.58-0.940.890.390.390.720.910.990.480.950.660.80.740.860.960.670.880.670.8
0.70.750.480.810.340.480.41-0.830.850.320.320.660.760.780.40.80.50.80.640.80.90.640.980.170.37
0.950.750.640.720.80.67-0.06-0.90.840.850.850.910.920.770.90.680.730.740.640.930.770.960.720.630.75
0.960.850.620.820.710.580.11-0.960.920.760.760.860.980.870.810.790.630.860.80.930.910.90.870.620.74
0.790.920.590.880.420.370.48-0.940.880.430.430.80.90.930.510.880.560.960.90.770.910.760.960.580.74
0.960.650.470.60.870.64-0.11-0.820.740.80.80.910.830.670.850.580.620.670.640.960.90.760.730.580.7
0.770.830.510.840.420.450.42-0.890.880.380.380.750.830.850.460.840.530.880.980.720.870.960.730.350.54
0.570.680.470.480.410.040.2-0.610.450.490.490.610.670.630.540.50.380.670.170.630.620.580.580.350.96
0.670.80.580.630.440.140.3-0.760.60.510.510.770.780.760.580.640.490.80.370.750.740.740.70.540.96
Click cells to compare fundamentals

Ondas Holdings Account Relationship Matchups

Ondas Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.3M28.5M117.4M97.9M92.2M96.8M
Short Long Term Debt Total11.2M8.0M1.1M33.4M35.3M37.1M
Other Current Liab2.8M3.1M929.0K3.3M4.1M2.6M
Total Current Liabilities16.1M12.5M4.6M21.6M35.9M37.7M
Total Stockholder Equity(12.4M)15.1M112.2M58.2M33.1M23.4M
Current Deferred Revenue378.9K165.0K512.4K61.5K276.9K218.3K
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
Cash And Short Term Investments2.2M26.1M40.8M29.8M15.0M14.0M
Common Stock Shares Outstanding17.6M20.4M34.2M42.2M52.7M28.6M
Liabilities And Stockholders Equity4.3M28.5M117.4M97.9M92.2M96.8M
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
Other Stockholder Equity39.3M80.3M192.5M211.7M231.5M121.5M
Net Tangible Assets(12.8M)14.7M42.0M58.2M67.0M70.3M
Property Plant And Equipment Net583.7K214.1K1.9M6.0M8.9M9.3M
Non Current Assets Total962.2K622.3K72.8M62.1M68.6M37.7M
Non Current Liabilities Total633.6K942.9K581.8K18.1M8.9M5.4M
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
Property Plant Equipment583.7K214.1K1.9M3.1M3.6M3.7M

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