Betterware Total Current Liabilities vs Total Current Assets Analysis

BWMX Stock

USD 12.62 0.17 1.37%

Betterware financial indicator trend analysis is way more than just evaluating Betterware de Mxico, prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Betterware de Mxico, is a good investment. Please check the relationship between Betterware Total Current Liabilities and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Betterware de Mxico,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Total Current Liabilities vs Total Current Assets

Total Current Liabilities vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Betterware de Mxico, Total Current Liabilities account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Betterware's Total Current Liabilities and Total Current Assets is 0.98. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Betterware de Mxico,, assuming nothing else is changed. The correlation between historical values of Betterware's Total Current Liabilities and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Betterware de Mxico, are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Current Liabilities i.e., Betterware's Total Current Liabilities and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

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Total Current Liabilities

Total Current Liabilities is an item on Betterware balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Betterware de Mxico, are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Most indicators from Betterware's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Betterware de Mxico, 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 Betterware de Mxico,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

At this time, Betterware's Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to rise to about 3.1 B in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.11 in 2024.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	82.1M	287.7M	375.1M	393.9M
Interest Income	25.9M	28.7M	45.2M	47.5M

Depreciation And Amortization Interest Income

Betterware fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross
Total Assets		0.9	0.51	0.94	0.9	0.85	-0.67	0.93	0.86	0.9	0.79	0.66	0.9	0.75	0.84	0.91	0.66	0.96	0.86	0.52	0.9	0.98	0.91	0.03	1.0	0.92
Short Long Term Debt Total	0.9		0.42	0.78	0.72	0.98	-0.87	0.98	0.99	0.73	0.59	0.48	0.99	0.8	0.98	1.0	0.48	0.82	0.99	0.63	1.0	0.84	0.84	-0.2	0.91	0.98
Other Current Liab	0.51	0.42		0.41	0.27	0.29	-0.36	0.38	0.41	0.24	0.3	0.26	0.35	0.76	0.29	0.46	0.26	0.45	0.34	-0.31	0.44	0.49	0.8	0.22	0.54	0.35
Total Current Liabilities	0.94	0.78	0.41		0.96	0.74	-0.46	0.87	0.72	0.96	0.94	0.77	0.81	0.51	0.73	0.78	0.77	0.99	0.75	0.58	0.78	0.99	0.82	0.31	0.92	0.87
Total Stockholder Equity	0.9	0.72	0.27	0.96		0.68	-0.33	0.83	0.64	1.0	0.95	0.88	0.75	0.39	0.66	0.72	0.88	0.97	0.68	0.68	0.71	0.95	0.72	0.21	0.86	0.83
Other Liab	0.85	0.98	0.29	0.74	0.68		-0.89	0.96	0.99	0.69	0.55	0.39	0.99	0.72	1.0	0.97	0.39	0.76	1.0	0.67	0.98	0.78	0.76	-0.19	0.86	0.97
Net Tangible Assets	-0.67	-0.87	-0.36	-0.46	-0.33	-0.89		-0.77	-0.92	-0.35	-0.17	0.0	-0.85	-0.84	-0.9	-0.86	0.0	-0.48	-0.9	-0.35	-0.87	-0.53	-0.67	0.39	-0.71	-0.77
Property Plant And Equipment Net	0.93	0.98	0.38	0.87	0.83	0.96	-0.77		0.95	0.83	0.73	0.61	0.99	0.7	0.96	0.97	0.61	0.89	0.97	0.7	0.97	0.9	0.84	-0.04	0.93	1.0
Net Debt	0.86	0.99	0.41	0.72	0.64	0.99	-0.92	0.95		0.65	0.5	0.37	0.98	0.83	0.99	0.99	0.37	0.75	0.99	0.58	0.99	0.78	0.82	-0.24	0.88	0.95
Retained Earnings	0.9	0.73	0.24	0.96	1.0	0.69	-0.35	0.83	0.65		0.94	0.86	0.76	0.39	0.67	0.72	0.86	0.97	0.69	0.69	0.72	0.95	0.71	0.19	0.87	0.83
Accounts Payable	0.79	0.59	0.3	0.94	0.95	0.55	-0.17	0.73	0.5	0.94		0.89	0.64	0.25	0.53	0.59	0.89	0.93	0.55	0.6	0.58	0.9	0.67	0.47	0.75	0.73
Cash	0.66	0.48	0.26	0.77	0.88	0.39	0.0	0.61	0.37	0.86	0.89		0.5	0.18	0.36	0.5	1.0	0.81	0.4	0.62	0.48	0.77	0.55	0.24	0.62	0.61
Non Current Assets Total	0.9	0.99	0.35	0.81	0.75	0.99	-0.85	0.99	0.98	0.76	0.64	0.5		0.73	0.99	0.98	0.5	0.83	0.99	0.68	0.99	0.85	0.81	-0.12	0.9	0.99
Non Currrent Assets Other	0.75	0.8	0.76	0.51	0.39	0.72	-0.84	0.7	0.83	0.39	0.25	0.18	0.73		0.73	0.83	0.18	0.57	0.76	0.07	0.82	0.62	0.86	-0.29	0.79	0.68
Other Assets	0.84	0.98	0.29	0.73	0.66	1.0	-0.9	0.96	0.99	0.67	0.53	0.36	0.99	0.73		0.96	0.36	0.74	1.0	0.66	0.97	0.77	0.75	-0.18	0.85	0.96
Long Term Debt	0.91	1.0	0.46	0.78	0.72	0.97	-0.86	0.97	0.99	0.72	0.59	0.5	0.98	0.83	0.96		0.5	0.82	0.98	0.6	1.0	0.84	0.86	-0.21	0.92	0.97
Cash And Short Term Investments	0.66	0.48	0.26	0.77	0.88	0.39	0.0	0.61	0.37	0.86	0.89	1.0	0.5	0.18	0.36	0.5		0.81	0.4	0.62	0.48	0.77	0.55	0.24	0.62	0.61
Net Receivables	0.96	0.82	0.45	0.99	0.97	0.76	-0.48	0.89	0.75	0.97	0.93	0.81	0.83	0.57	0.74	0.82	0.81		0.77	0.59	0.81	1.0	0.85	0.21	0.94	0.89
Good Will	0.86	0.99	0.34	0.75	0.68	1.0	-0.9	0.97	0.99	0.69	0.55	0.4	0.99	0.76	1.0	0.98	0.4	0.77		0.64	0.99	0.79	0.79	-0.19	0.88	0.97
Common Stock Shares Outstanding	0.52	0.63	-0.31	0.58	0.68	0.67	-0.35	0.7	0.58	0.69	0.6	0.62	0.68	0.07	0.66	0.6	0.62	0.59	0.64		0.61	0.55	0.24	-0.15	0.48	0.72
Non Current Liabilities Total	0.9	1.0	0.44	0.78	0.71	0.98	-0.87	0.97	0.99	0.72	0.58	0.48	0.99	0.82	0.97	1.0	0.48	0.81	0.99	0.61		0.84	0.85	-0.2	0.92	0.97
Inventory	0.98	0.84	0.49	0.99	0.95	0.78	-0.53	0.9	0.78	0.95	0.9	0.77	0.85	0.62	0.77	0.84	0.77	1.0	0.79	0.55	0.84		0.88	0.19	0.96	0.9
Other Current Assets	0.91	0.84	0.8	0.82	0.72	0.76	-0.67	0.84	0.82	0.71	0.67	0.55	0.81	0.86	0.75	0.86	0.55	0.85	0.79	0.24	0.85	0.88		0.13	0.92	0.82
Other Stockholder Equity	0.03	-0.2	0.22	0.31	0.21	-0.19	0.39	-0.04	-0.24	0.19	0.47	0.24	-0.12	-0.29	-0.18	-0.21	0.24	0.21	-0.19	-0.15	-0.2	0.19	0.13		0.0	-0.06
Total Liab	1.0	0.91	0.54	0.92	0.86	0.86	-0.71	0.93	0.88	0.87	0.75	0.62	0.9	0.79	0.85	0.92	0.62	0.94	0.88	0.48	0.92	0.96	0.92	0.0		0.92
Property Plant And Equipment Gross	0.92	0.98	0.35	0.87	0.83	0.97	-0.77	1.0	0.95	0.83	0.73	0.61	0.99	0.68	0.96	0.97	0.61	0.89	0.97	0.72	0.97	0.9	0.82	-0.06	0.92

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Betterware Account Relationship Matchups

Betterware fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.8B	4.4B	5.4B	11.4B	11.1B	5.8B
Short Long Term Debt Total	702.3M	654.3M	1.5B	6.4B	5.5B	5.8B
Other Current Liab	15.6M	563.2M	55.3M	1.3B	47.9M	45.5M
Total Current Liabilities	878.4M	2.9B	2.5B	3.2B	3.8B	2.3B
Total Stockholder Equity	274.5M	921.9M	1.3B	1.1B	1.5B	834.3M
Other Liab	96.9M	83.8M	100.0M	1.1B	1.2B	1.3B
Net Tangible Assets	(384.9M)	254.1M	573.0M	(2.2B)	(2.0B)	(1.9B)
Property Plant And Equipment Net	231.2M	816.0M	1.1B	3.0B	2.9B	3.1B
Net Debt	488.6M	4.4M	353.1M	5.8B	5.0B	5.2B
Retained Earnings	218.4M	640.2M	990.1M	779.9M	1.2B	607.6M
Accounts Payable	529.3M	2.1B	2.0B	1.5B	1.8B	1.3B
Cash	213.7M	649.8M	1.2B	686.1M	549.7M	578.7M
Non Current Assets Total	909.0M	1.5B	1.8B	7.0B	7.1B	7.5B
Non Currrent Assets Other	13.4M	5.8M	4.3M	115.4M	53.8M	37.4M
Other Assets	18.5M	23.4M	4.3M	434.5M	499.7M	524.7M
Long Term Debt	529.6M	524.0M	1.5B	5.9B	4.6B	4.9B
Cash And Short Term Investments	213.7M	649.8M	1.2B	686.1M	549.7M	578.7M
Net Receivables	247.7M	735.0M	836.8M	1.1B	1.1B	684.2M
Liabilities And Stockholders Equity	1.8B	4.4B	5.4B	11.4B	11.1B	5.8B
Non Current Liabilities Total	636.9M	624.5M	1.6B	7.1B	5.8B	6.1B
Inventory	345.6M	1.3B	1.3B	2.1B	2.0B	1.2B
Other Current Assets	20.6M	183.0M	83.1M	471.1M	230.7M	162.1M
Other Stockholder Equity	121K	949.3M	28.1M	(43.3M)	(16.4M)	(15.6M)
Total Liab	1.5B	3.5B	4.1B	10.3B	9.6B	4.9B
Property Plant And Equipment Gross	231.2M	816.0M	1.2B	3.2B	3.3B	3.4B
Short Long Term Debt	148.1M	105.9M	28.1M	230.4M	508.7M	534.2M
Total Current Assets	880.7M	2.9B	3.6B	4.4B	4.0B	2.7B
Accumulated Other Comprehensive Income	121K	(718K)	583K	7.5M	(35.6M)	(33.8M)
Short Term Debt	162.3M	113.6M	34.2M	442.1M	625.8M	657.1M
Intangible Assets	311.0M	319.4M	369.8M	1.7B	1.6B	1.7B
Property Plant Equipment	231.2M	816.0M	1.1B	3.0B	2.9B	3.1B
Current Deferred Revenue	171.2M	380.1M	388.2M	1.4B	1.6B	1.6B
Capital Lease Obligations	24.6M	24.4M	17.9M	291.9M	373.0M	391.6M
Net Invested Capital	952.2M	1.6B	2.8B	7.2B	6.6B	3.6B
Net Working Capital	2.3M	39.2M	1.1B	1.2B	165.9M	157.6M

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Betterware Total Current Liabilities vs Total Current Assets Analysis

Total Current Liabilities vs Total Current Assets

Total Current Liabilities vs Total Current Assets Correlation Analysis

Correlation Coefficient

Total Current Liabilities

Total Current Assets

Betterware fundamental ratios Correlations

Betterware Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Betterware fundamental ratios Accounts

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Total Liab	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Retained Earnings	+ 1.0	Total Stockholder Equity
Other Assets	+ 1.0	Other Liab
Good Will	+ 1.0	Other Liab

Net Debt	- 0.92	Net Tangible Assets
Good Will	- 0.9	Net Tangible Assets
Other Assets	- 0.9	Net Tangible Assets
Net Tangible Assets	- 0.89	Other Liab
Non Current Liabilities Total	- 0.87	Net Tangible Assets
Net Tangible Assets	- 0.87	Short Long Term Debt Total