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Offerpad Solutions Inc   (OPAD)
Other Ticker:  
 
    Sector  Services    Industry Real Estate Operations
   Industry Real Estate Operations
   Sector  Services

Offerpad Solutions Inc 's Tangible Leverage Ratio

OPAD's quarterly Tangible Leverage Ratio and Total Liabilities, Tangible Equity growth


Due to net new borrowings of 39.58%, Tangible Leverage Ratio fell to 2.66, below the Offerpad Solutions Inc 's average Tangible Leverage Ratio.

Within Real Estate Operations industry in the third quarter 2023, 15 other companies have achieved lower Tangible Leverage Ratio than Offerpad Solutions Inc in the III Quarter 2023. While Tangible Leverage Ratio total ranking has deteriorated compared to the second quarter 2023 from 839 to 1015 .

Explain Tangible Leverage Ratio?
What is OPAD Market Share?
What are OPAD´s Total Liabilities?


OPAD Tangible Leverage Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Tangible Equity Change -52.19 % -58.2 % -49.41 % -49.99 % 4719.99 %
Y / Y Total Liabilities Change -74.35 % -81.8 % -78.22 % -14.79 % 200.46 %
Tangible Leverage Ratio MRQ 2.66 1.65 1.2 5.77 4.97
OPAD's Total Ranking # 1015 # 839 # 1886 # 2063 # 3281
Seq. Tangible Equity Change -13.51 % -13.22 % 25.95 % -49.43 % -24.38 %
Seq. Total Liabilities Change 39.58 % 19.21 % -73.77 % -41.23 % -0.95 %



Tangible Leverage Ratio third quarter 2023 Company Ranking
Within: No.
Real Estate Operations Industry # 16
Services Sector # 125
Overall Market # 1015


Tangible Leverage Ratio Statistics
High Average Low
79.81 24.13 1.2
(Dec 31 2020)   (Mar 31 2023)




Financial Statements
Offerpad Solutions Inc 's Tangible Equity $ 115 Millions Visit OPAD's Balance sheet
Offerpad Solutions Inc 's Total Liabilities $ 307 Millions Visit OPAD's Balance sheet
Source of OPAD's Sales Visit OPAD's Sales by Geography


Cumulative Offerpad Solutions Inc 's Tangible Leverage Ratio

OPAD's Tangible Leverage Ratio for the trailling 12 Months

OPAD Tangible Leverage Ratio

(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Tangible Equity TTM Growth -52.19 % -58.2 % -49.41 % -49.99 % 4719.99 %
Y / Y Total Liabilities TTM Growth -74.35 % -81.8 % -78.22 % -14.79 % 200.46 %
Tangible Leverage Ratio TTM 2.7 3.55 3.94 4.02 3.68
Total Ranking TTM # 2823 # 2413 # 587 # 42 # 31
Seq. Tangible Equity TTM Growth -13.51 % -13.22 % 25.95 % -49.43 % -24.38 %
Seq. Total Liabilities TTM Growth 39.58 % 19.21 % -73.77 % -41.23 % -0.95 %


On the trailing twelve months basis Despite of the net new borrowings of 39.58% during the twelve months period ending in III Quarter 2023 Offerpad Solutions Inc has managed to decrease Tangible Leverage Ratio in the III Quarter 2023 to 2.7, below Offerpad Solutions Inc 's average Tangible Leverage Ratio.
Tangible Leverage Ratio is the average cumulative value over the last four quarters.

Among companies in the Real Estate Operations industry 15, during the past 12 months, other companies have achieved lower Tangible Leverage Ratio than Offerpad Solutions Inc . While Tangible Leverage Ratio total ranking has deteriorated during the twelve months ending in the III Quarter 2023, compared to the prior period, from 2413 to 2823.

Explain Tangible Leverage Ratio?
What is OPAD Market Share?
What are OPAD´s Total Liabilities?

TTM Tangible Leverage Ratio Company Ranking
Within: No.
Within the Real Estate Operations Industry # 16
Services Sector # 125
Within the Market # 2823


trailing twelve months Tangible Leverage Ratio Statistics
High Average Low
79.81 24.13 1.2
(Dec 31 2020)   (Mar 31 2023)




Companies with similar Tangible Leverage Ratio in the quarter ending Sep 30 2023, within Real Estate Operations Industry Tangible Leverage RatioSep 30 2023 MRQ Total LiabilitiesSep 30 2023 MRQ Tangible Equity
La Rosa Holdings Corp   6.98 $ 5.045  Millions$ 0.723  Millions
Bluegreen Vacations Holding Corporation  6.01 $ 1,468.052  Millions$ 244.452  Millions
Calibercos Inc   4.38 $ 327.307  Millions$ 74.756  Millions
Fathom Holdings Inc   4.14 $ 22.993  Millions$ 5.560  Millions
Sky Harbour Group Corporation  3.68 $ 324.029  Millions$ 88.014  Millions
Newmark Group Inc   3.62 $ 2,326.098  Millions$ 642.949  Millions
Kennedy wilson Holdings Inc   3.17 $ 6,508.800  Millions$ 2,052.300  Millions
Opendoor Technologies Inc   2.88 $ 2,901.000  Millions$ 1,009.000  Millions
Office Properties Income Trust  2.72 $ 2,748.123  Millions$ 1,009.438  Millions
Offerpad Solutions Inc   2.66 $ 306.930  Millions$ 115.217  Millions
Claros Mortgage Trust Inc   2.51 $ 5,761.302  Millions$ 2,296.669  Millions
Tricon Residential Inc   2.44 $ 9,378.884  Millions$ 3,839.815  Millions
Urban Edge Properties  2.11 $ 2,006.730  Millions$ 952.474  Millions
Armada Hoffler Properties Inc   1.97 $ 1,708.485  Millions$ 866.644  Millions
Hudson Pacific Properties Inc   1.79 $ 5,988.646  Millions$ 3,337.276  Millions
Safe And Green Development Corporation  1.59 $ 7.144  Millions$ 4.487  Millions
Mobile Infrastructure Corp  1.58 $ 327.347  Millions$ 207.544  Millions
Advanced Oxygen Technologies Inc   1.08 $ 0.350  Millions$ 0.324  Millions
Getty Realty Corp   0.99 $ 916.736  Millions$ 925.906  Millions
Invitation Homes Inc   0.96 $ 9,598.465  Millions$ 10,011.339  Millions
Seritage Growth Properties  0.92 $ 513.145  Millions$ 559.332  Millions
Forestar Group Inc   0.90 $ 1,231.400  Millions$ 1,369.900  Millions
Star Holdings  0.87 $ 302.014  Millions$ 348.781  Millions
Exp World Holdings inc   0.81 $ 173.105  Millions$ 214.589  Millions
Airbnb Inc   0.72 $ 6,065.000  Millions$ 8,447.000  Millions
Frp Holdings Inc   0.66 $ 295.789  Millions$ 444.994  Millions
American Realty Investors Inc  0.60 $ 489.564  Millions$ 820.715  Millions

Date modified: 2023-11-02T13:21:00+00:00



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