Offerpad Other Current Assets from 2010 to 2024

OPAD Stock  USD 4.93  0.16  3.35%   
Offerpad Solutions' Other Current Assets are increasing over the years with slightly volatile fluctuation. Other Current Assets are expected to dwindle to about 8.7 M. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2010-12-31
Previous Quarter
9.2 M
Current Value
8.7 M
Quarterly Volatility
13.2 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Offerpad Solutions financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Offerpad Solutions' main balance sheet or income statement drivers, such as Interest Expense of 20 M, Income Tax Expense of 215.3 K or Tax Provision of 317 K, as well as many indicators such as Price To Sales Ratio of 0.33, Dividend Yield of 0.0 or PTB Ratio of 3.89. Offerpad financial statements analysis is a perfect complement when working with Offerpad Solutions Valuation or Volatility modules.
  
Check out the analysis of Offerpad Solutions Correlation against competitors.
For information on how to trade Offerpad Stock refer to our How to Trade Offerpad Stock guide.

Latest Offerpad Solutions' Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Offerpad Solutions over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Offerpad Solutions' Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Offerpad Solutions' overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Offerpad Other Current Assets Regression Statistics

Arithmetic Mean14,700,190
Geometric Mean11,987,201
Coefficient Of Variation89.70
Mean Deviation8,629,683
Median9,875,000
Standard Deviation13,186,077
Sample Variance173.9T
Range41.1M
R-Value0.39
Mean Square Error158.2T
R-Squared0.15
Significance0.15
Slope1,160,636
Total Sum of Squares2434.2T

Offerpad Other Current Assets History

20248.7 M
20239.2 M
202249.9 M
202144.2 M
20209.7 M

About Offerpad Solutions Financial Statements

Offerpad Solutions stakeholders use historical fundamental indicators, such as Offerpad Solutions' Other Current Assets, to determine how well the company is positioned to perform in the future. Although Offerpad Solutions investors may analyze each financial statement separately, they are all interrelated. For example, changes in Offerpad Solutions' assets and liabilities are reflected in the revenues and expenses on Offerpad Solutions' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Offerpad Solutions. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets9.2 M8.7 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Offerpad Solutions is a strong investment it is important to analyze Offerpad Solutions' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Offerpad Solutions' future performance. For an informed investment choice regarding Offerpad Stock, refer to the following important reports:
Check out the analysis of Offerpad Solutions Correlation against competitors.
For information on how to trade Offerpad Stock refer to our How to Trade Offerpad Stock guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Real Estate Management & Development space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Offerpad Solutions. If investors know Offerpad will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Offerpad Solutions listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.18)
Revenue Per Share
35.993
Quarterly Revenue Growth
(0.11)
Return On Assets
(0.07)
Return On Equity
(0.67)
The market value of Offerpad Solutions is measured differently than its book value, which is the value of Offerpad that is recorded on the company's balance sheet. Investors also form their own opinion of Offerpad Solutions' value that differs from its market value or its book value, called intrinsic value, which is Offerpad Solutions' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Offerpad Solutions' market value can be influenced by many factors that don't directly affect Offerpad Solutions' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Offerpad Solutions' value and its price as these two are different measures arrived at by different means. Investors typically determine if Offerpad Solutions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Offerpad Solutions' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.