Ondas Holdings (XTAE:ONDS) Debt-to-Asset : 0.39 (As of Mar. 2024)

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What is Ondas Holdings Debt-to-Asset?

Ondas Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₪105.54 Mil. Ondas Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₪28.96 Mil. Ondas Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ₪344.69 Mil. Ondas Holdings's debt to asset for the quarter that ended in Mar. 2024 was 0.39.

Ondas Holdings Debt-to-Asset Historical Data

The historical data trend for Ondas Holdings's Debt-to-Asset 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.

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Ondas Holdings Debt-to-Asset Chart

Ondas Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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2.62

0.28

0.01

0.34

0.38

Ondas Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.31	0.30	0.33	0.38	0.39

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

For the Communication Equipment subindustry, Ondas Holdings's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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-Asset Distribution in the Hardware Industry

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

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

Ondas Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

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

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(99.243	+	33.534)	/	346.756
	=	0.38

Ondas Holdings's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(105.541	+	28.955)	/	344.691
	=	0.39

Ondas Holdings (XTAE:ONDS) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Ondas Holdings Debt-to-Asset Related Terms

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Ondas Holdings (XTAE:ONDS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ondas Holdings Inc (XTAE:ONDS) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

ONDS:USA 1B8:Germany

Address

411 Waverley Oaks Road, Suite 114, Waltham, MA, USA, 02452

Website

https://www.ondas.com

Ondas Holdings Inc designs, develops, manufactures, sells, and supports FullMAX Software Defined Radio (SDR) technology in the United States, Israel, and India. Its FullMAX system of wireless base stations, fixed and mobile remote radios are deployed by customers to create wide-area wireless broadband cellular networks. The company markets and sells its products to companies in the electric utilities, water and wastewater utilities, oil and gas producers, and for other critical infrastructure applications in areas such as homeland security and defense, and transportation.