Redfin Balance Sheet Health
Financial Health criteria checks 2/6
Redfin has a total shareholder equity of $-12.8M and total debt of $1.0B, which brings its debt-to-equity ratio to -7971.8%. Its total assets and total liabilities are $1.2B and $1.2B respectively.
Key information
-7,971.8%
Debt to equity ratio
US$1.02b
Debt
| Interest coverage ratio | n/a |
| Cash | US$204.51m |
| Equity | -US$12.76m |
| Total liabilities | US$1.19b |
| Total assets | US$1.18b |
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 28Recent updates
Redfin Corporation (NASDAQ:RDFN) Surges 26% Yet Its Low P/S Is No Reason For Excitement
Sep 01Redfin: Trapped In Bad Conditions
Aug 07Even With A 35% Surge, Cautious Investors Are Not Rewarding Redfin Corporation's (NASDAQ:RDFN) Performance Completely
Jul 16Redfin: It's Not Game Over Yet, But The Outlook Is Cloudy (Rating Upgrade)
May 13Does 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 10Financial Position Analysis
Short Term Liabilities: RDFN has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: RDFN has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: RDFN has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: RDFN's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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 15.4% per year.