Ondas Holdings (XTAE:ONDS) Debt-to-Equity : 1.29 (As of Mar. 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 Mar. 2024 was ₪103.92 Mil. Ondas Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₪28.51 Mil. Ondas Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₪102.85 Mil. Ondas Holdings's debt to equity for the quarter that ended in Mar. 2024 was 1.29.

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:

XTAE:ONDS' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.31 Med: -0.75 Max: 1.29
Current: 1.29

During the past 9 years, the highest Debt-to-Equity Ratio of Ondas Holdings was 1.29. The lowest was -1.31. And the median was -0.75.

XTAE:ONDS's Debt-to-Equity is ranked worse than
91.21% of 2195 companies
in the Hardware industry
Industry Median: 0.29 vs XTAE:ONDS: 1.29

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

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-0.90

0.53

0.01

0.57

1.07

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-Equity	Get a 7-Day Free Trial															0.54	0.51	0.74	1.07	1.29

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(97.719	+	33.019)	/	122.751
	=	1.07

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(103.92	+	28.51)	/	102.853
	=	1.29

Ondas Holdings (XTAE: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 (XTAE:ONDS) Business Description

Industry

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

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.