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
Does Redfin (NASDAQ:RDFN) Have A Healthy Balance Sheet?
Mar 26
Does Redfin (NASDAQ:RDFN) Have A Healthy Balance Sheet?
Oct 10Is Redfin (NASDAQ:RDFN) Weighed On By Its Debt Load?
May 25Is Redfin (NASDAQ:RDFN) Using Debt Sensibly?
Jan 28Redfin (NASDAQ:RDFN) Has Debt But No Earnings; Should You Worry?
Jun 29Recent updates
Does Redfin (NASDAQ:RDFN) Have A Healthy Balance Sheet?
Mar 26Redfin: No End In Sight To Market Share Losses
Mar 03US$7.27: That's What Analysts Think Redfin Corporation (NASDAQ:RDFN) Is Worth After Its Latest Results
Feb 29Redfin: In Need Of A Housing Correction
Feb 23Redfin Corporation: Not Out Of The Woods Yet
Jan 15Does Redfin (NASDAQ:RDFN) Have A Healthy Balance Sheet?
Oct 10Redfin Corporation (NASDAQ:RDFN) Shares Could Be 49% Below Their Intrinsic Value Estimate
Aug 09Is Redfin (NASDAQ:RDFN) Weighed On By Its Debt Load?
May 25Calculating The Fair Value Of Redfin Corporation (NASDAQ:RDFN)
Apr 28Is Redfin (NASDAQ:RDFN) Using Debt Sensibly?
Jan 28Are Investors Undervaluing Redfin Corporation (NASDAQ:RDFN) By 49%?
Dec 06Redfin Corporation (NASDAQ:RDFN) Analysts Just Trimmed Their Revenue Forecasts By 22%
Nov 11Hurricane Ian exacerbates housing market slowdown in Southwest Florida
Oct 20Redfin's Business Model Is Ill Equipped For A Slowdown
Sep 18Saga Partners - Redfin: Attractive Business Model & Competitive Advantage, Unattractive Results
Aug 30Redfin: Q2 EPS Looks Really Bad To Me, I See The Rest Of The Year As Worse - Sell
Aug 10Redfin (NASDAQ:RDFN) Has Debt But No Earnings; Should You Worry?
Jun 29Is Redfin Stock A Buy, Sell, Or Hold As Price Dips?
Jun 24Redfin: The Real Estate Slowdown Is Going To Hurt
Jun 10Saga Partners: Redfin: Business And Competitive Advantage Have Never Been Stronger
May 17Redfin's Q1: The Beautiful Hype And The Ugly Numbers
May 09What Is Redfin Corporation's (NASDAQ:RDFN) Share Price Doing?
Apr 29Continue To Avoid Redfin Corporation
Apr 26Financial Position Analysis
Short Term Liabilities: RDFN's short term assets ($445.0M) exceed its short term liabilities ($268.4M).
Long Term Liabilities: RDFN's short term assets ($445.0M) do not cover its long term liabilities ($842.5M).
Debt to Equity History and Analysis
Debt Level: RDFN's net debt to equity ratio (1800.2%) is considered high.
Reducing Debt: RDFN'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 RDFN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: RDFN 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.