Offerpad Solutions
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Offerpad Solutions's balance sheet done over the years? Its assets were worth $379,694,000 last year, which is less than in the previous period. 73% of Offerpad Solutions’s total assets is currently financed by debt. Its liabilities reached the amount of $277,918,000, which means an decrease by -60% compared compared to last year.
Debt to Assets
| 2019 | 385891000 | 353.09M | 91.5% |
|---|---|---|---|
| 2020 | 235873000 | 379.13M | 160.74% |
| 2021 | 1353082000 | 1.09B | 80.96% |
| 2022 | 825069000 | 703.19M | 85.23% |
| 2023 | 379694000 | 277.91M | 73.2% |
OPAD Balance Sheet (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Assets | |||||
Current assets: | |||||
Cash and cash equivalents | 75.96M | 97.24M | 169.81M | 43.93M | 22.85M |
Short term investments | 0 | 0 | 0 | 0 | 0 |
Net receivables | 9.93M | 2.35M | 6.16M | 2.30M | 3.24M |
Inventory | 276.5M | 664.69M | 1.13B | 171.35M | 343.60M |
Other current assets | 9.20M | 6.83M | 34.42M | 9.68M | 9.87M |
Total current assets | 371.60M | 814.17M | 1.34B | 227.29M | 379.58M |
Non-current assets: | |||||
Property, Plant and Equipment | 7.85M | 5.19M | 5.14M | 8.23M | 5.80M |
Goodwill | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 |
Long term investments | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 234K | 5.69M | 4.95M | 352K | 498K |
Total non-current assets | 8.08M | 10.89M | 10.10M | 8.58M | 6.30M |
Total assets | 379.69M | 825.06M | 1.35B | 235.87M | 385.89M |
Liabilities | |||||
| Current liabilities: | |||||
Accounts payable | |||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 |
Short term debt | 259.49M | 666.06M | 1.02B | 176.96M | 342.38M |
Total current liabilities | 276.02M | 698.96M | 1.06B | 190.29M | 353.09M |
| Non-current liabilities: | |||||
Long term debt | 0 | 3.68M | 3.83M | 4.71M | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 1.88M | 539K | 24.06M | 184.12M | 0 |
Total non-current liabilities | 1.88M | 4.22M | 27.89M | 188.83M | 0 |
Total liabilities | 277.91M | 703.19M | 1.09B | 379.13M | 353.09M |
| Data source | Data source | Data source | Data source |