Better Non Current Liabilities Total vs Current Deferred Revenue 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 Non Current Liabilities Total and its Current Deferred Revenue 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.
Non Current Liabilities Total vs Current Deferred Revenue
Non Current Liabilities Total vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Better Home Finance Non Current Liabilities Total account and Current Deferred Revenue. At this time, the significance of the direction appears to have very week relationship.
The correlation between Better Home's Non Current Liabilities Total and Current Deferred Revenue is 0.2. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Current Deferred Revenue 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 Non Current Liabilities Total and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Better Home Finance are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Non Current Liabilities Total i.e., Better Home's Non Current Liabilities Total and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.2 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Non Current Liabilities Total
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.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
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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.