GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Offerpad Solutions Inc (NYSE:OPAD) » Definitions » Equity-to-Asset

Offerpad Solutions (Offerpad Solutions) Equity-to-Asset : 0.27 (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Offerpad Solutions Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Offerpad Solutions's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $102 Mil. Offerpad Solutions's Total Assets for the quarter that ended in Dec. 2023 was $380 Mil. Therefore, Offerpad Solutions's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.27.

The historical rank and industry rank for Offerpad Solutions's Equity-to-Asset or its related term are showing as below:

OPAD' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.61   Med: 0.17   Max: 0.27
Current: 0.27

During the past 5 years, the highest Equity to Asset Ratio of Offerpad Solutions was 0.27. The lowest was -0.61. And the median was 0.17.

OPAD's Equity-to-Asset is ranked worse than
74.37% of 1830 companies
in the Real Estate industry
Industry Median: 0.44 vs OPAD: 0.27

Offerpad Solutions Equity-to-Asset Historical Data

The historical data trend for Offerpad Solutions's Equity-to-Asset 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.

Offerpad Solutions Equity-to-Asset Chart

Offerpad Solutions Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
- -0.61 0.19 0.15 0.27

Offerpad Solutions Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.15 0.45 0.38 0.27 0.27

Competitive Comparison of Offerpad Solutions's Equity-to-Asset

For the Real Estate Services subindustry, Offerpad Solutions's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Offerpad Solutions's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Offerpad Solutions's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Offerpad Solutions's Equity-to-Asset falls into.



Offerpad Solutions Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Offerpad Solutions's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=101.776/379.694
=0.27

Offerpad Solutions's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=101.776/379.694
=0.27

* 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.


Offerpad Solutions  (NYSE:OPAD) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Offerpad Solutions Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Offerpad Solutions's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Offerpad Solutions (Offerpad Solutions) Business Description

Traded in Other Exchanges
N/A
Address
2150 E. Germann Road, Suite 1, Chandler, AZ, USA, 85286
Offerpad Solutions Inc provides a way to buy and sell a home. It uses technology-enabled solutions to remake the home selling and buying experience by offering customers the convenience, control, and certainty to solve their housing needs. It combines fundamental real estate expertise with the data-driven digital Solutions Center platform to give users a holistic, customer-centric experience, enabling them to efficiently sell and buy their homes online with streamlined access to other services including mortgage, listing, and buyer representation services.
Executives
Jawad A Ahsan officer: Chief Financial Officer 17800 N 85TH ST, SCOTTSDALE AZ 85255
Roberto Marco Sella director 2400 MARKET STREET, SUITE 302, PHILADELPHIA PA 19103
Kenneth D Degiorgio director
Ryan Ohara director 6922 HOLLYWOOD BLVD., 12TH FL, LOS ANGELES CA 90028
Stephen Michael Johnson officer: Chief Operating Officer C/O OFFERPAD SOLUTIONS INC., 2150 E GERMAN ROAD, SUITE 1, CHANDLER AZ 85286
Benjamin Adam Aronovitch officer: Chief Legal Officer C/O OFFERPAD SOLUTIONS INC., 2150 E GERMAN ROAD, SUITE 1, CHANDLER AZ 85286
Brian Bair director, officer: Chief Executive Officer C/O OFFERPAD SOLUTIONS INC., 2150 E GERMAN ROAD, SUITE 1, CHANDLER AZ 85286
Katherine Curnutte director 4301 50TH STREET, N.W., SUITE 300, PMB 1044, WASHINGTON DC 20007
Ll Capital Partners I, L.p. 10 percent owner C/O LL FUNDS, LLC, 2400 MARKET STREET, SUITE 302, PHILADELPHIA PA 19103
Michael S. Burnett officer: Chief Financial Officer 8601 NORTH SCOTTSDALE ROAD, SUITE 225, SCOTTSDALE AZ 85253
First American Financial Corp 10 percent owner 1 FIRST AMERICAN WAY, SANTA ANA CA 92707
Sheryl Palmer director 4900 N. SCOTTSDALE ROAD, SUITE 2000, SCOTTSDALE AZ 85251
Supernova Partners Llc 10 percent owner 4520 DEXTER STREET, N.W., WASHINGTON DC 20007
Michael S. Clifton officer: Chief Financial Officer C/O SUPERNOVA PARTNERS ACQUISITION CO., 4520 DEXTER STREET, N.W., WASHINGTON DC 20007
Gregg Renfrew director C/O SUPERNOVA PARTNERS ACQUISITION CO., 4520 DEXTER STREET, N.W., WASHINGTON DC 20007