Better Current Deferred Revenue vs Retained Earnings 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 Retained Earnings 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 Retained Earnings

Current Deferred Revenue vs Retained Earnings 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 Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Better Home's Current Deferred Revenue and Retained Earnings is 0.96. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Retained Earnings 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 Retained Earnings 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 Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Current Deferred Revenue i.e., Better Home's Current Deferred Revenue and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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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