Ondas Debt-to-Equity Ratio Growth & History (ONDS)
Ondas's debt-to-equity ratio was 0.04 for fiscal 2025.
View full Ondas company overviewOndas annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.04 | −1.28 | −96.80% |
| 2024 | 2024-12-31 | 1.32 | 0.35 | +36.31% |
| 2023 | 2023-12-31 | 0.97 | 0.65 | +199.38% |
| 2022 | 2022-12-31 | 0.32 | 0.31 | +3233.28% |
| 2021 | 2021-12-31 | 0.01 | −0.52 | −98.17% |
| 2020 | 2020-12-31 | 0.53 | — | — |
Ondas quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.02 | −0.07 | −74.72% |
| Q1 2026 | 2026-03-31 | 0.02 | −0.30 | −94.81% |
| Q4 2025 | 2025-12-31 | 0.04 | −1.28 | −96.80% |
| Q3 2025 | 2025-09-30 | 0.02 | −0.39 | −95.60% |
| Q2 2025 | 2025-06-30 | 0.10 | −1.72 | −94.64% |
| Q1 2025 | 2025-03-31 | 0.31 | −0.90 | −74.36% |
| Q4 2024 | 2024-12-31 | 1.32 | 0.35 | +36.31% |
| Q3 2024 | 2024-09-30 | 0.40 | −0.24 | −36.79% |
| Q2 2024 | 2024-06-30 | 1.82 | 1.35 | +287.64% |
| Q1 2024 | 2024-03-31 | 1.22 | 0.87 | +249.17% |
| Q4 2023 | 2023-12-31 | 0.97 | 0.65 | +199.38% |
| Q3 2023 | 2023-09-30 | 0.64 | 0.60 | +1733.47% |
| Q2 2023 | 2023-06-30 | 0.47 | 0.44 | +1315.60% |
| Q1 2023 | 2023-03-31 | 0.35 | 0.31 | +903.75% |
| Q4 2022 | 2022-12-31 | 0.32 | 0.31 | +3233.28% |
| Q3 2022 | 2022-09-30 | 0.03 | 0.02 | +214.77% |
| Q2 2022 | 2022-06-30 | 0.03 | 0.01 | +74.41% |
| Q1 2022 | 2022-03-31 | 0.03 | −0.51 | −93.64% |
| Q4 2021 | 2021-12-31 | 0.01 | −0.52 | −98.17% |
| Q3 2021 | 2021-09-30 | 0.01 | — | — |
| Q2 2021 | 2021-06-30 | 0.02 | — | — |
| Q1 2021 | 2021-03-31 | 0.55 | — | — |
| Q4 2020 | 2020-12-31 | 0.53 | — | — |
Ondas debt-to-equity ratio trends
Over the last five fiscal years, Ondas's debt-to-equity ratio decreased from 0.53 to 0.04, a change of −0.49. The latest reported quarter, Q2 2026, shows 0.02.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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