Offerpad Solutions Inc
Offerpad Solutions Inc., together with its subsidiaries, provides technology-enabled solutions for residential real estate market in the United States. The company offers Cash Offer, which customers can access website or mobile application to receive a cash offer range for their home. It also provides renovation services to other businesses; Direct+ institutional buyer program, allows investors a… Read more
Offerpad Solutions Inc (OPAD) - Net Assets
Latest net assets as of September 2025: $39.85 Million USD
Based on the latest financial reports, Offerpad Solutions Inc (OPAD) has net assets worth $39.85 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($223.46 Million) and total liabilities ($183.61 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $39.85 Million |
| % of Total Assets | 17.83% |
| Annual Growth Rate | 7.76% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 215.3 |
Offerpad Solutions Inc - Net Assets Trend (2019–2024)
This chart illustrates how Offerpad Solutions Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Offerpad Solutions Inc (2019–2024)
The table below shows the annual net assets of Offerpad Solutions Inc from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $47.65 Million | -53.18% |
| 2023-12-31 | $101.78 Million | -16.49% |
| 2022-12-31 | $121.88 Million | -52.68% |
| 2021-12-31 | $257.57 Million | +279.79% |
| 2020-12-31 | $-143.26 Million | -536.80% |
| 2019-12-31 | $32.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Offerpad Solutions Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 34464800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $3.00K | 0.01% |
| Other Components | $507.70 Million | 1065.40% |
| Total Equity | $47.65 Million | 100.00% |
Offerpad Solutions Inc Competitors by Market Cap
The table below lists competitors of Offerpad Solutions Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Asia Standard International Group Limited
PINK:ASASF
|
$26.29 Million |
|
NOVACYT EO-0667
F:NYZ
|
$26.30 Million |
|
Omer-Decugis & Cie
PA:ALODC
|
$26.30 Million |
|
CN AGRI-PRODS EXCH.HK-01
F:RHGN
|
$26.30 Million |
|
Gyeongnam Steel Co. Ltd
KQ:039240
|
$26.29 Million |
|
Dominari Holdings Inc.
NASDAQ:DOMH
|
$26.29 Million |
|
Daesung Holdin
KO:016710
|
$26.28 Million |
|
Cumberland Pharmaceuticals Inc
NASDAQ:CPIX
|
$26.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Offerpad Solutions Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 101,776,000 to 47,653,000, a change of -54,123,000 (-53.2%).
- Net loss of 62,159,000 reduced equity.
- Share repurchases of 77,000 reduced equity.
- Other factors increased equity by 8,113,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-62.16 Million | -130.44% |
| Share Repurchases | $77.00K | -0.16% |
| Other Changes | $8.11 Million | +17.03% |
| Total Change | $- | -53.18% |
Book Value vs Market Value Analysis
This analysis compares Offerpad Solutions Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.46x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.08x to 0.46x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $9.78 | $0.80 | x |
| 2020-12-31 | $-37.14 | $0.80 | x |
| 2021-12-31 | $26.98 | $0.80 | x |
| 2022-12-31 | $7.46 | $0.80 | x |
| 2023-12-31 | $3.86 | $0.80 | x |
| 2024-12-31 | $1.74 | $0.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Offerpad Solutions Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -130.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.77%
- • Asset Turnover: 2.94x
- • Equity Multiplier: 6.57x
- Recent ROE (-130.44%) is below the historical average (-87.24%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -158.40% | -4.83% | 2.79x | 11.77x | $-55.23 Million |
| 2020 | 0.00% | -2.17% | 4.51x | 0.00x | $-8.79 Million |
| 2021 | 2.51% | 0.31% | 1.53x | 5.25x | $-19.30 Million |
| 2022 | -121.94% | -3.76% | 4.79x | 6.77x | $-160.80 Million |
| 2023 | -115.17% | -8.92% | 3.46x | 3.73x | $-127.40 Million |
| 2024 | -130.44% | -6.77% | 2.94x | 6.57x | $-66.92 Million |
Industry Comparison
This section compares Offerpad Solutions Inc's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $860,434,363
- Average return on equity (ROE) among peers: -17.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Offerpad Solutions Inc (OPAD) | $39.85 Million | -158.40% | 4.61x | $26.29 Million |
| Aroundtown SA (AANNF) | $2.43 Billion | 28.32% | 0.83x | $1.42 Billion |
| AAP Inc (AAPJ) | $-1.00 Million | 0.00% | 0.00x | $1.97 |
| Ambase Corp (ABCP) | $-4.12 Million | 0.00% | 0.00x | $6.43 Million |
| Americann Inc (ACAN) | $1.31 Million | -131.48% | 2.04x | $2.44K |
| Ascendas India Trust (ACNDF) | $1.32 Billion | 9.88% | 1.00x | $831.45 Million |
| Adler Group S.A (ADPPF) | $2.20 Billion | 17.61% | 0.90x | $41.80 Million |
| Agritek Holdings Inc (AGTK) | $487.65K | -21.43% | -0.50x | $5.39K |
| reAlpha Tech Corp. Common Stock (AIRE) | $13.17 Million | -41.42% | 0.60x | $32.30 Million |
| Avalon GloboCare Corp. (ALBT) | $7.31 Million | -47.40% | 0.73x | $2.25 Million |
| Allreal (ALRHF) | $2.64 Billion | 8.00% | 1.23x | $2.39 Billion |