Offerpad Solutions Balance Sheet Health
Financial Health criteria checks 4/6
Offerpad Solutions has a total shareholder equity of $101.8M and total debt of $257.2M, which brings its debt-to-equity ratio to 252.7%. Its total assets and total liabilities are $379.7M and $277.9M respectively.
Key information
252.7%
Debt to equity ratio
US$257.22m
Debt
| Interest coverage ratio | n/a |
| Cash | US$75.97m |
| Equity | US$101.78m |
| Total liabilities | US$277.92m |
| Total assets | US$379.69m |
Recent financial health updates
Recent updates
Health Check: How Prudently Does Offerpad Solutions (NYSE:OPAD) Use Debt?
Apr 04
Offerpad Solutions: Retaining Sell Rating With Headwinds Getting Stronger
Feb 13Even With A 28% Surge, Cautious Investors Are Not Rewarding Offerpad Solutions Inc.'s (NYSE:OPAD) Performance Completely
Nov 29Offerpad Solutions: 5 Headwinds That May Be Too Strong To Overcome
Oct 04Offerpad Solutions: Flawed Business Model, Insiders Selling Out Positions
Jun 28Need To Know: The Consensus Just Cut Its Offerpad Solutions Inc. (NYSE:OPAD) Estimates For 2023
May 08Offerpad Solutions Inc. (NYSE:OPAD) Just Reported And Analysts Have Been Cutting Their Estimates
May 06Offerpad Solutions enters into $90M private placement
Feb 01Which iBuyer Could Stage A Recovery In 2023, Opendoor Or Offerpad?
Dec 26Bearish: Analysts Just Cut Their Offerpad Solutions Inc. (NYSE:OPAD) Revenue and EPS estimates
Nov 11Offerpad Solutions GAAP EPS of $0.04, revenue of $1.1B, Q3 outlook below consensus
Aug 03Offerpad Solutions: Solid Business Concept, Poor Timing
Jun 21Calculating The Intrinsic Value Of Offerpad Solutions Inc. (NYSE:OPAD)
Jun 03Investors Shouldn't Be Too Comfortable With Offerpad Solutions' (NYSE:OPAD) Robust Earnings
Mar 02Opendoor And Offerpad: iBuying Sector Is The Next Step In Real Estate Evolution
Feb 19Offerpad Solutions Looks Overvalued Based On Fundamentals
Sep 21Financial Position Analysis
Short Term Liabilities: OPAD's short term assets ($371.6M) exceed its short term liabilities ($276.0M).
Long Term Liabilities: OPAD's short term assets ($371.6M) exceed its long term liabilities ($1.9M).
Debt to Equity History and Analysis
Debt Level: OPAD's net debt to equity ratio (178.1%) is considered high.
Reducing Debt: Insufficient data to determine if OPAD's debt to equity ratio has reduced 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 OPAD has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: OPAD is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 31.1% per year.