Better Gross Profit vs Total Operating Expenses Analysis
| BETRW Stock | 0.11 0.03 37.50% |
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 Gross Profit and its Total Operating Expenses 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.
Gross Profit vs Total Operating Expenses
Gross Profit vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Better Home Finance Gross Profit account and Total Operating Expenses. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Better Home's Gross Profit and Total Operating Expenses is -0.63. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Operating Expenses 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 Gross Profit and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Better Home Finance are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Gross Profit i.e., Better Home's Gross Profit and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.63 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Better Home Finance minus its cost of goods sold. It is profit before Better Home operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.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.