Redfin Balance Sheet Health
Financial Health criteria checks 3/6
Redfin has a total shareholder equity of $42.7M and total debt of $965.1M, which brings its debt-to-equity ratio to 2259.9%. Its total assets and total liabilities are $1.2B and $1.1B respectively.
Key information
2,259.9%
Debt to equity ratio
US$965.12m
Debt
Interest coverage ratio | n/a |
Cash | US$196.31m |
Equity | US$42.71m |
Total liabilities | US$1.11b |
Total assets | US$1.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: R6G's short term assets ($445.0M) exceed its short term liabilities ($268.4M).
Long Term Liabilities: R6G's short term assets ($445.0M) do not cover its long term liabilities ($842.5M).
Debt to Equity History and Analysis
Debt Level: R6G's net debt to equity ratio (1800.2%) is considered high.
Reducing Debt: R6G's debt to equity ratio has increased from 31.8% to 2259.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable R6G has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: R6G is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 8.4% per year.