Better Cost Of Revenue vs Total Other Income Expense Net Analysis
| BETRW Stock | 0.11 0.00 0.00% |
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 Cost Of Revenue and its Total Other Income Expense Net 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.
Cost Of Revenue vs Total Other Income Expense Net
Cost Of Revenue vs Total Other Income Expense Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Better Home Finance Cost Of Revenue account and Total Other Income Expense Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Better Home's Cost Of Revenue and Total Other Income Expense Net is 0.95. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Total Other Income Expense Net 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 Cost Of Revenue and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Better Home Finance are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Cost Of Revenue i.e., Better Home's Cost Of Revenue and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | 0.95 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Cost Of Revenue
Cost of Revenue is found on Better Home Finance income statement and represents the costs associated with goods and services Better Home provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Total Other Income Expense Net
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.