Opendoor Property Plant Equipment vs Other Stockholder Equity Analysis

OPEN Stock  USD 2.18  0.07  3.32%   
Opendoor Technologies financial indicator trend analysis is much more than just breaking down Opendoor Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Opendoor Technologies is a good investment. Please check the relationship between Opendoor Technologies Property Plant Equipment and its Other Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Opendoor Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Opendoor Stock, please use our How to Invest in Opendoor Technologies guide.

Property Plant Equipment vs Other Stockholder Equity

Property Plant Equipment vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Opendoor Technologies Property Plant Equipment account and Other Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Opendoor Technologies' Property Plant Equipment and Other Stockholder Equity is 0.49. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Opendoor Technologies, assuming nothing else is changed. The correlation between historical values of Opendoor Technologies' Property Plant Equipment and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Opendoor Technologies are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Property Plant Equipment i.e., Opendoor Technologies' Property Plant Equipment and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant Equipment

Other Stockholder Equity

Most indicators from Opendoor Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Opendoor Technologies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Opendoor Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Opendoor Stock, please use our How to Invest in Opendoor Technologies guide.At this time, Opendoor Technologies' Selling General Administrative is very stable compared to the past year. As of the 1st of June 2024, Sales General And Administrative To Revenue is likely to grow to 0.05, while Tax Provision is likely to drop about 860.2 K.
 2021 2022 2023 2024 (projected)
Gross Profit730M667M487M465.3M
Total Revenue8.0B15.6B6.9B7.3B

Opendoor Technologies fundamental ratios Correlations

-0.330.050.57-0.81-0.08-0.18-0.010.21-0.950.490.310.650.310.30.440.12-0.010.58-0.660.590.520.53-0.4-0.630.04
-0.33-0.03-0.290.10.8-0.560.20.750.430.190.69-0.440.680.680.32-0.180.830.220.82-0.140.310.340.930.720.9
0.05-0.03-0.480.29-0.240.69-0.63-0.250.21-0.56-0.270.23-0.3-0.27-0.40.17-0.14-0.40.18-0.28-0.33-0.39-0.050.15-0.21
0.57-0.29-0.48-0.820.26-0.27-0.080.25-0.640.840.410.680.40.320.8-0.37-0.010.83-0.720.660.60.76-0.24-0.60.12
-0.810.10.29-0.82-0.390.48-0.19-0.550.79-0.86-0.64-0.71-0.64-0.63-0.74-0.03-0.35-0.810.52-0.89-0.88-0.770.030.67-0.3
-0.080.8-0.240.26-0.39-0.640.180.90.180.650.90.050.890.880.69-0.220.890.580.460.380.730.660.870.250.88
-0.18-0.560.69-0.270.48-0.64-0.75-0.790.27-0.68-0.770.22-0.78-0.79-0.570.03-0.72-0.58-0.23-0.42-0.69-0.64-0.52-0.07-0.75
-0.010.2-0.63-0.08-0.190.18-0.750.37-0.150.250.25-0.360.280.37-0.050.450.450.00.240.370.390.040.27-0.140.21
0.210.75-0.250.25-0.550.9-0.790.37-0.110.660.980.020.980.990.670.040.940.610.350.480.840.70.780.110.89
-0.950.430.21-0.640.790.180.27-0.15-0.11-0.53-0.22-0.56-0.23-0.21-0.43-0.070.12-0.580.75-0.58-0.46-0.520.520.680.04
0.490.19-0.560.84-0.860.65-0.680.250.66-0.530.770.490.750.710.92-0.350.480.94-0.280.740.860.920.23-0.340.57
0.310.69-0.270.41-0.640.9-0.770.250.98-0.220.770.151.00.980.81-0.130.870.760.220.510.860.830.690.070.9
0.65-0.440.230.68-0.710.050.22-0.360.02-0.560.490.150.110.10.42-0.11-0.10.48-0.620.70.470.39-0.31-0.71-0.16
0.310.68-0.30.4-0.640.89-0.780.280.98-0.230.751.00.110.990.79-0.090.870.750.210.50.860.820.680.070.9
0.30.68-0.270.32-0.630.88-0.790.370.99-0.210.710.980.10.990.710.040.920.670.260.550.880.750.710.030.87
0.440.32-0.40.8-0.740.69-0.57-0.050.67-0.430.920.810.420.790.71-0.540.440.98-0.240.50.730.980.27-0.10.68
0.12-0.180.17-0.37-0.03-0.220.030.450.04-0.07-0.35-0.13-0.11-0.090.04-0.540.15-0.510.060.240.1-0.48-0.01-0.4-0.31
-0.010.83-0.14-0.01-0.350.89-0.720.450.940.120.480.87-0.10.870.920.440.150.370.590.410.740.470.90.220.84
0.580.22-0.40.83-0.810.58-0.580.00.61-0.580.940.760.480.750.670.98-0.510.37-0.340.550.740.990.15-0.20.61
-0.660.820.18-0.720.520.46-0.230.240.350.75-0.280.22-0.620.210.26-0.240.060.59-0.34-0.37-0.08-0.220.820.780.51
0.59-0.14-0.280.66-0.890.38-0.420.370.48-0.580.740.510.70.50.550.50.240.410.55-0.370.870.510.07-0.770.15
0.520.31-0.330.6-0.880.73-0.690.390.84-0.460.860.860.470.860.880.730.10.740.74-0.080.870.760.43-0.410.59
0.530.34-0.390.76-0.770.66-0.640.040.7-0.520.920.830.390.820.750.98-0.480.470.99-0.220.510.760.26-0.10.71
-0.40.93-0.05-0.240.030.87-0.520.270.780.520.230.69-0.310.680.710.27-0.010.90.150.820.070.430.260.530.8
-0.630.720.15-0.60.670.25-0.07-0.140.110.68-0.340.07-0.710.070.03-0.1-0.40.22-0.20.78-0.77-0.41-0.10.530.47
0.040.9-0.210.12-0.30.88-0.750.210.890.040.570.9-0.160.90.870.68-0.310.840.610.510.150.590.710.80.47
Click cells to compare fundamentals

Opendoor Technologies Account Relationship Matchups

Opendoor Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities1.1B393.4M4.4B1.5B70M66.5M
Net Tangible Assets(776.5M)1.6B2.2M1.1B1.2B1.3B
Retained Earnings(790.5M)(1.1B)(1.7B)(3.1B)(3.3B)(3.2B)
Accounts Payable6.5M25.3M137M110M2M1.9M
Other Assets5.4M4.1M7K2M1.8M2.3M
Common Stock Shares Outstanding80.0M109.3M592.6M627.1M657.1M478.6M
Inventory1.3B465.9M6.1B4.5B1.8B2.8B
Other Current Assets30.9M25.0M91M41M(3.4B)(3.2B)
Other Stockholder Equity(1.3B)2.7B4.0B4.1B4.3B2.5B
Total Current Assets2.1B2.1B9.3B6.5B3.4B4.6B
Property Plant Equipment95.3M78.7M87K99M113.9M64.0M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Opendoor Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Opendoor Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Opendoor Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Opendoor Technologies Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Opendoor Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Opendoor Stock, please use our How to Invest in Opendoor Technologies guide.
Note that the Opendoor Technologies information on this page should be used as a complementary analysis to other Opendoor Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

Complementary Tools for Opendoor Stock analysis

When running Opendoor Technologies' price analysis, check to measure Opendoor Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Opendoor Technologies is operating at the current time. Most of Opendoor Technologies' value examination focuses on studying past and present price action to predict the probability of Opendoor Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Opendoor Technologies' price. Additionally, you may evaluate how the addition of Opendoor Technologies to your portfolios can decrease your overall portfolio volatility.
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Transaction History
View history of all your transactions and understand their impact on performance
Global Correlations
Find global opportunities by holding instruments from different markets
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Is Opendoor Technologies' industry 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 Opendoor Technologies. If investors know Opendoor 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 Opendoor Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.42)
Revenue Per Share
7.504
Quarterly Revenue Growth
(0.62)
Return On Assets
(0.05)
Return On Equity
(0.29)
The market value of Opendoor Technologies is measured differently than its book value, which is the value of Opendoor that is recorded on the company's balance sheet. Investors also form their own opinion of Opendoor Technologies' value that differs from its market value or its book value, called intrinsic value, which is Opendoor Technologies' 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 Opendoor Technologies' market value can be influenced by many factors that don't directly affect Opendoor Technologies' 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 Opendoor Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Opendoor Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Opendoor Technologies' 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.