Ondas Change To Inventory vs Sale Purchase Of Stock Analysis

ONDS Stock  USD 1.47  0.11  8.09%   
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 Change To Inventory and its Sale Purchase Of Stock 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.

Change To Inventory vs Sale Purchase Of Stock

Change To Inventory vs Sale Purchase Of Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ondas Holdings Change To Inventory account and Sale Purchase Of Stock. At this time, the significance of the direction appears to have weak relationship.
The correlation between Ondas Holdings' Change To Inventory and Sale Purchase Of Stock is 0.36. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Sale Purchase Of Stock 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' Change To Inventory and Sale Purchase Of Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Ondas Holdings are associated (or correlated) with its Sale Purchase Of Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Sale Purchase Of Stock has no effect on the direction of Change To Inventory i.e., Ondas Holdings' Change To Inventory and Sale Purchase Of Stock go up and down completely randomly.

Correlation Coefficient

0.36
Relationship DirectionPositive 
Relationship StrengthVery Weak

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Sale Purchase Of Stock

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

0.710.510.680.870.68-0.12-0.880.830.860.860.840.910.740.90.650.620.720.70.950.960.790.960.770.570.69
0.710.750.960.290.360.56-0.940.90.420.420.680.911.00.510.970.730.990.750.750.850.920.650.830.680.83
0.510.750.780.20.480.32-0.740.750.440.440.520.720.770.50.760.760.70.480.640.620.590.470.510.470.61
0.680.960.780.240.490.54-0.930.950.410.410.610.890.980.491.00.810.940.810.720.820.880.60.840.480.67
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
0.680.360.480.490.65-0.29-0.570.680.680.680.470.560.430.690.420.740.320.480.670.580.370.640.450.040.17
-0.120.560.320.54-0.56-0.29-0.310.29-0.51-0.510.070.190.52-0.430.60.220.580.41-0.060.110.48-0.110.420.20.33
-0.88-0.94-0.74-0.93-0.53-0.57-0.31-0.97-0.64-0.64-0.82-0.98-0.96-0.71-0.92-0.75-0.94-0.83-0.9-0.96-0.94-0.82-0.89-0.61-0.79
0.830.90.750.950.480.680.29-0.970.610.610.720.950.940.670.920.80.890.850.840.920.880.740.880.450.64
0.860.420.440.410.910.68-0.51-0.640.611.00.640.730.460.990.350.530.390.320.850.760.430.80.380.490.5
0.860.420.440.410.910.68-0.51-0.640.611.00.640.730.460.990.350.530.390.320.850.760.430.80.380.490.5
0.840.680.520.610.690.470.07-0.820.720.640.640.810.690.720.590.510.720.660.910.860.80.910.750.610.82
0.910.910.720.890.610.560.19-0.980.950.730.730.810.930.790.860.710.910.760.920.980.90.830.830.670.81
0.741.00.770.980.310.430.52-0.960.940.460.460.690.930.540.980.760.990.780.770.870.930.670.850.630.8
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
0.650.970.761.00.190.420.6-0.920.920.350.350.590.860.980.430.780.950.80.680.790.880.580.840.50.68
0.620.730.760.810.370.740.22-0.750.80.530.530.510.710.760.590.780.660.50.730.630.560.620.530.380.52
0.720.990.70.940.290.320.58-0.940.890.390.390.720.910.990.480.950.660.80.740.860.960.670.880.670.84
0.70.750.480.810.340.480.41-0.830.850.320.320.660.760.780.40.80.50.80.640.80.90.640.980.170.44
0.950.750.640.720.80.67-0.06-0.90.840.850.850.910.920.770.90.680.730.740.640.930.770.960.720.630.78
0.960.850.620.820.710.580.11-0.960.920.760.760.860.980.870.810.790.630.860.80.930.910.90.870.620.77
0.790.920.590.880.420.370.48-0.940.880.430.430.80.90.930.510.880.560.960.90.770.910.760.960.580.78
0.960.650.470.60.870.64-0.11-0.820.740.80.80.910.830.670.850.580.620.670.640.960.90.760.730.580.72
0.770.830.510.840.420.450.42-0.890.880.380.380.750.830.850.460.840.530.880.980.720.870.960.730.350.59
0.570.680.470.480.410.040.2-0.610.450.490.490.610.670.630.540.50.380.670.170.630.620.580.580.350.93
0.690.830.610.670.440.170.33-0.790.640.50.50.820.810.80.580.680.520.840.440.780.770.780.720.590.93
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 Total633.6K942.9K581.8K18.1M11.2M5.8M
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

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.