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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:
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.
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.
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 | 0.15 | 0.45 | 0.38 | 0.27 | 0.27 |
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.
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.
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%.
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.
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 |
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