Opendoor Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Opendoor Technologies has a total shareholder equity of $899.0M and total debt of $2.4B, which brings its debt-to-equity ratio to 268.3%. Its total assets and total liabilities are $3.4B and $2.5B respectively.
Key information
268.3%
Debt to equity ratio
US$2.41b
Debt
Interest coverage ratio | n/a |
Cash | US$990.00m |
Equity | US$899.00m |
Total liabilities | US$2.51b |
Total assets | US$3.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OPEN1 *'s short term assets ($3.3B) exceed its short term liabilities ($74.0M).
Long Term Liabilities: OPEN1 *'s short term assets ($3.3B) exceed its long term liabilities ($2.4B).
Debt to Equity History and Analysis
Debt Level: OPEN1 *'s net debt to equity ratio (158.2%) is considered high.
Reducing Debt: OPEN1 *'s debt to equity ratio has increased from 184% to 268.3% 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: OPEN1 * has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: OPEN1 * has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 24.7% each year