Better Net Working Capital vs Total Stockholder Equity 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 Net Working Capital and its Total Stockholder Equity 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.
Net Working Capital vs Total Stockholder Equity
Net Working Capital vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Better Home Finance Net Working Capital account and Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Better Home's Net Working Capital and Total Stockholder Equity is 0.4. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Total Stockholder Equity 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 Net Working Capital and Total 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 Net Working Capital of Better Home Finance are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Working Capital i.e., Better Home's Net Working Capital and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.4 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Working Capital
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.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 Expenses | 1.4B | 967.2M | 379.8M | 747.1M | Depreciation And Amortization | 8.1M | 8.6M | 42.9M | 45.0M |
Better Home fundamental ratios Correlations
Click cells to compare fundamentals
Better Home Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Better Home's price analysis, check to measure Better Home's 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 Better Home is operating at the current time. Most of Better Home's value examination focuses on studying past and present price action to predict the probability of Better Home's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Better Home's price. Additionally, you may evaluate how the addition of Better Home to your portfolios can decrease your overall portfolio volatility.