Offerpad Solutions Inc.

Offerpad Solutions Inc.verified

OPAD

Price:

$4.1701

Market Cap:

$114.07M

Offerpad Solutions Inc., together with its subsidiaries, engages in buying, selling, renting, and renovating properties to homeowners in the United States. It operates iBuying, a real estate solutions platform for on-demand customer. The company provides customer-centric experience, which enables them to sell and buy homes online with streamlined access to ancillary services, such as mortgage and title insurance services. Offerpad Solutions Inc. was founded in 2015 and is headquartered in Chandler, Arizona.[Read more]

Industry

Real Estate - Services

IPO Date

2020-12-11

Stock Exchange

NYSE

Ticker

OPAD

The Current Ratio as of September 2024 (TTM) for Offerpad Solutions Inc. (OPAD) is 1.22

According to Offerpad Solutions Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.22. This represents a change of -6.36% compared to the average of 1.31 of the last 4 quarters.

Offerpad Solutions Inc. (OPAD) Historical Current Ratio (quarterly & annually)

How has OPAD Current Ratio performed in the past?

The mean historical Current Ratio of Offerpad Solutions Inc. over the last ten years is 1.01. The current 1.22 Current Ratio has changed 12.05% with respect to the historical average. Over the past ten years (40 quarters), OPAD's Current Ratio was at its highest in in the March 2023 quarter at 1.82. The Current Ratio was at its lowest in in the March 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

1.01

Median

1.18

Minimum

0

Maximum

1.35

Offerpad Solutions Inc. (OPAD) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Offerpad Solutions Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = Infinity%

Maximum Annual Current Ratio = 1.35

Minimum Annual Increase = -7.40%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.3515.57%
20221.16-7.40%
20211.265.32%
20201.1911.10%
20191.08Infinity%

Offerpad Solutions Inc. (OPAD) Average Current Ratio

How has OPAD Current Ratio performed in the past?

The current Current Ratio of Offerpad Solutions Inc. (OPAD) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.26

5-year avg

1.21

10-year avg

1.01

Offerpad Solutions Inc. (OPAD) Current Ratio vs. Peers

How is OPAD’s Current Ratio compared to its peers?

Offerpad Solutions Inc.’s Current Ratio is less than RE/MAX Holdings, Inc. (1.31), less than Marcus & Millichap, Inc. (3.70), less than FRP Holdings, Inc. (15.23), less than Maui Land & Pineapple Company, Inc. (2.97), less than J.W. Mays, Inc. (2.12), less than Redfin Corporation (1.48), greater than WeWork Inc. (0.18), less than eXp World Holdings, Inc. (1.42), greater than Ohmyhome Limited (0.36), greater than Anywhere Real Estate Inc. (0.46), less than Douglas Elliman Inc. (1.78), greater than The Real Brokerage Inc. (1.21), less than Opendoor Technologies Inc. (8.27),

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