Opendoor Technologies (FRA:25M) Debt-to-Equity : 2.62 (As of Dec. 2023)

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What is Opendoor Technologies Debt-to-Equity?

Opendoor Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €5 Mil. Opendoor Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €2,319 Mil. Opendoor Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €887 Mil. Opendoor Technologies's debt to equity for the quarter that ended in Dec. 2023 was 2.62.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Opendoor Technologies's Debt-to-Equity or its related term are showing as below:

FRA:25M' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.04 Med: 2.62 Max: 4.97
Current: 2.62

During the past 6 years, the highest Debt-to-Equity Ratio of Opendoor Technologies was 4.97. The lowest was -2.04. And the median was 2.62.

FRA:25M's Debt-to-Equity is ranked worse than
88.95% of 1584 companies
in the Real Estate industry
Industry Median: 0.76 vs FRA:25M: 2.62

Opendoor Technologies Debt-to-Equity Historical Data

The historical data trend for Opendoor Technologies's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Opendoor Technologies Debt-to-Equity Chart

Opendoor Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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-2.04

0.35

3.16

4.97

2.62

Opendoor Technologies Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial													4.97	3.86	2.83	2.80	2.62

Competitive Comparison of Opendoor Technologies's Debt-to-Equity

For the Real Estate Services subindustry, Opendoor Technologies's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Opendoor Technologies's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Opendoor Technologies's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Opendoor Technologies's Debt-to-Equity falls into.

Opendoor Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Opendoor Technologies's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(4.585	+	2319.093)	/	886.739
	=	2.62

Opendoor Technologies's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(4.585	+	2319.093)	/	886.739
	=	2.62

Opendoor Technologies (FRA:25M) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Opendoor Technologies Debt-to-Equity Related Terms

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Opendoor Technologies (FRA:25M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Opendoor Technologies Inc (FRA:25M) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

OPEN:USA OPEN1:Mexico 25M:Germany

Address

410 N. Scottsdale Road, Suite 1600, Tempe, AZ, USA, 85281

Website

https://www.opendoor.com

Opendoor Technologies Inc is a digital platform for residential real estate. This platform enables customers to buy and sell houses online. It generates revenue through home sales, along with other revenue from real estate services.

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