Better Other Non Cash Items vs Net Income 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 Other Non Cash Items and its Net Income 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.

Other Non Cash Items vs Net Income

Other Non Cash Items vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Better Home Finance Other Non Cash Items account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Better Home's Other Non Cash Items and Net Income is -0.32. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Net Income 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 Other Non Cash Items and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Better Home Finance are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Other Non Cash Items i.e., Better Home's Other Non Cash Items and Net Income go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Non Cash Items

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Better Home Finance financial statement analysis. It represents the amount of money remaining after all of Better Home Finance operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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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Better Home Account Relationship Matchups

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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.