Ondas Return On Tangible Assets from 2010 to 2024

ONDS Stock  USD 1.95  0.48  32.65%   
Ondas Holdings Return On Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Return On Tangible Assets will likely drop to -1.42 in 2024. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
(1.36)
Current Value
(1.42)
Quarterly Volatility
1.93657567
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ondas Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ondas Holdings' main balance sheet or income statement drivers, such as Selling General Administrative of 22.6 M, Total Revenue of 16.5 M or Gross Profit of 6.7 M, as well as many indicators such as Price To Sales Ratio of 4.89, Dividend Yield of 0.0 or PTB Ratio of 2.56. Ondas financial statements analysis is a perfect complement when working with Ondas Holdings Valuation or Volatility modules.
  
Check out the analysis of Ondas Holdings Correlation against competitors.
For more information on how to buy Ondas Stock please use our How to Invest in Ondas Holdings guide.

Latest Ondas Holdings' Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Ondas Holdings over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Ondas Holdings' Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ondas Holdings' overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Very volatile
   Return On Tangible Assets   
       Timeline  

Ondas Return On Tangible Assets Regression Statistics

Arithmetic Mean(2.52)
Coefficient Of Variation(76.84)
Mean Deviation1.58
Median(1.53)
Standard Deviation1.94
Sample Variance3.75
Range5.7915
R-Value0.01
Mean Square Error4.04
R-Squared0.0002
Significance0.96
Slope0.01
Total Sum of Squares52.50

Ondas Return On Tangible Assets History

2024 -1.42
2023 -1.36
2022 -2.13
2021 -0.32
2020 -0.55
2019 -5.67
2018 -4.64

About Ondas Holdings Financial Statements

Ondas Holdings shareholders use historical fundamental indicators, such as Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Ondas Holdings investors may analyze each financial statement separately, they are all interrelated. The changes in Ondas Holdings' assets and liabilities, for example, are also reflected in the revenues and expenses on on Ondas Holdings' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Tangible Assets(1.36)(1.42)

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.