Ondas Short Long Term Debt vs Accounts Payable Analysis

ONDS Stock  USD 0.89  0.08  9.88%   
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 Short Long Term Debt and its Accounts Payable 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.

Short Long Term Debt vs Accounts Payable

Short Long Term Debt vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ondas Holdings Short Long Term Debt account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Ondas Holdings' Short Long Term Debt and Accounts Payable is 0.43. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Accounts Payable 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' Short Long Term Debt and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Ondas Holdings are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Short Long Term Debt i.e., Ondas Holdings' Short Long Term Debt and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.43
Relationship DirectionPositive 
Relationship StrengthWeak

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Accounts Payable

An accounting item on the balance sheet that represents Ondas Holdings obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Ondas Holdings are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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
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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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