Better Current Deferred Revenue vs Intangible Assets Analysis

BETRW Stock   0.08  0.01  13.96%   
Better Home financial indicator trend analysis is way more than just evaluating Better Home Finance prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Better Home Finance is a good investment. Please check the relationship between Better Home Current Deferred Revenue and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Better Home Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Current Deferred Revenue vs Intangible Assets

Current Deferred Revenue vs Intangible Assets Correlation Analysis

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

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Better Home's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Better Home Finance 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Better Home Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Better Home's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 1.10 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 9 M in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses1.4B967.2M379.8M747.1M
Depreciation And Amortization8.1M8.6M42.9M45.0M

Better Home fundamental ratios Correlations

0.96-0.170.980.970.970.970.030.950.94-0.690.080.941.0-0.76-0.81-0.370.750.121.00.991.0-0.69-0.180.020.27
0.96-0.010.970.90.950.97-0.231.00.99-0.840.260.980.96-0.9-0.93-0.20.90.340.970.980.95-0.860.010.240.02
-0.17-0.010.0-0.40.060.07-0.330.01-0.09-0.020.96-0.1-0.16-0.23-0.31-0.180.240.01-0.09-0.14-0.19-0.21-0.120.53-0.24
0.980.970.00.910.991.0-0.020.960.94-0.70.250.930.99-0.81-0.86-0.420.80.110.990.980.98-0.73-0.230.110.24
0.970.9-0.40.910.880.890.090.880.9-0.65-0.150.90.97-0.66-0.68-0.290.650.120.950.960.97-0.6-0.13-0.10.3
0.970.950.060.990.880.990.040.940.9-0.640.30.890.97-0.77-0.86-0.490.760.040.980.950.96-0.69-0.30.10.3
0.970.970.071.00.890.99-0.080.970.94-0.730.320.940.97-0.84-0.89-0.40.840.150.990.970.97-0.77-0.190.160.19
0.03-0.23-0.33-0.020.090.04-0.08-0.28-0.30.7-0.42-0.310.030.60.45-0.77-0.61-0.940.0-0.10.060.7-0.87-0.720.96
0.951.00.010.960.880.940.97-0.280.99-0.870.280.990.94-0.92-0.94-0.160.920.380.960.980.94-0.880.050.27-0.03
0.940.99-0.090.940.90.90.94-0.30.99-0.890.181.00.94-0.92-0.9-0.080.910.440.940.980.93-0.880.120.24-0.06
-0.69-0.84-0.02-0.7-0.65-0.64-0.730.7-0.87-0.89-0.27-0.9-0.690.960.87-0.34-0.96-0.79-0.7-0.78-0.670.98-0.53-0.50.51
0.080.260.960.25-0.150.30.32-0.420.280.18-0.270.180.1-0.48-0.55-0.190.490.140.170.130.07-0.45-0.070.59-0.27
0.940.98-0.10.930.90.890.94-0.310.991.0-0.90.180.94-0.92-0.9-0.070.910.450.940.980.93-0.890.140.25-0.08
1.00.96-0.160.990.970.970.970.030.940.94-0.690.10.94-0.76-0.8-0.390.750.111.00.991.0-0.69-0.20.020.28
-0.76-0.9-0.23-0.81-0.66-0.77-0.840.6-0.92-0.920.96-0.48-0.92-0.760.96-0.1-1.0-0.63-0.78-0.83-0.740.99-0.32-0.520.37
-0.81-0.93-0.31-0.86-0.68-0.86-0.890.45-0.94-0.90.87-0.55-0.9-0.80.960.09-0.95-0.46-0.85-0.86-0.790.93-0.12-0.470.2
-0.37-0.2-0.18-0.42-0.29-0.49-0.4-0.77-0.16-0.08-0.34-0.19-0.07-0.39-0.10.090.110.83-0.39-0.27-0.39-0.240.980.38-0.89
0.750.90.240.80.650.760.84-0.610.920.91-0.960.490.910.75-1.0-0.950.110.640.780.830.73-0.990.320.53-0.38
0.120.340.010.110.120.040.15-0.940.380.44-0.790.140.450.11-0.63-0.460.830.640.120.250.1-0.730.930.59-0.91
1.00.97-0.090.990.950.980.990.00.960.94-0.70.170.941.0-0.78-0.85-0.390.780.120.990.99-0.71-0.20.070.25
0.990.98-0.140.980.960.950.97-0.10.980.98-0.780.130.980.99-0.83-0.86-0.270.830.250.990.99-0.78-0.070.110.14
1.00.95-0.190.980.970.960.970.060.940.93-0.670.070.931.0-0.74-0.79-0.390.730.10.990.99-0.67-0.210.00.3
-0.69-0.86-0.21-0.73-0.6-0.69-0.770.7-0.88-0.880.98-0.45-0.89-0.690.990.93-0.24-0.99-0.73-0.71-0.78-0.67-0.44-0.560.49
-0.180.01-0.12-0.23-0.13-0.3-0.19-0.870.050.12-0.53-0.070.14-0.2-0.32-0.120.980.320.93-0.2-0.07-0.21-0.440.47-0.93
0.020.240.530.11-0.10.10.16-0.720.270.24-0.50.590.250.02-0.52-0.470.380.530.590.070.110.0-0.560.47-0.64
0.270.02-0.240.240.30.30.190.96-0.03-0.060.51-0.27-0.080.280.370.2-0.89-0.38-0.910.250.140.30.49-0.93-0.64
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