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.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 01:45 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Offerpad Solutions Inc. is covered by 11 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Justin Ages | Berenberg |
| Brett Knoblauch | Cantor Fitzgerald & Co. |
| Michael Ng | Goldman Sachs |