Offerpad Solutions Balance Sheet Health
Financial Health criteria checks 4/6
Offerpad Solutions has a total shareholder equity of $64.7M and total debt of $250.8M, which brings its debt-to-equity ratio to 387.6%. Its total assets and total liabilities are $338.5M and $273.8M respectively.
Key information
387.6%
Debt to equity ratio
US$250.85m
Debt
| Interest coverage ratio | n/a |
| Cash | US$48.50m |
| Equity | US$64.71m |
| Total liabilities | US$273.78m |
| Total assets | US$338.49m |
Recent financial health updates
Recent updates
Offerpad Solutions Inc.'s (NYSE:OPAD) Shares Leap 25% Yet They're Still Not Telling The Full Story
Nov 17
Is Offerpad Solutions Inc. (NYSE:OPAD) Expensive For A Reason? A Look At Its Intrinsic Value
Nov 02Offerpad Solutions Inc.'s (NYSE:OPAD) Shares Leap 54% Yet They're Still Not Telling The Full Story
Sep 14Offerpad Solutions: Now Is The Time To Go Against The Crowd
Jul 21What Is Offerpad Solutions Inc.'s (NYSE:OPAD) Share Price Doing?
Jun 25Offerpad Solutions Inc. (NYSE:OPAD) Stock's 27% Dive Might Signal An Opportunity But It Requires Some Scrutiny
May 22Offerpad Solutions Inc. (NYSE:OPAD) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
May 09Health Check: How Prudently Does Offerpad Solutions (NYSE:OPAD) Use Debt?
Apr 04Offerpad 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 03Financial Position Analysis
Short Term Liabilities: OPAD's short term assets ($323.0M) exceed its short term liabilities ($263.5M).
Long Term Liabilities: OPAD's short term assets ($323.0M) exceed its long term liabilities ($10.3M).
Debt to Equity History and Analysis
Debt Level: OPAD's net debt to equity ratio (312.7%) 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: OPAD has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: OPAD has sufficient cash runway for 1.4 years if free cash flow continues to grow at historical rates of 22% each year.