Better Historical Balance Sheet
BTTR Stock | USD 1.92 0.01 0.52% |
Trend analysis of Better Choice balance sheet accounts such as Total Stockholder Equity of 3.3 M, Property Plant And Equipment Net of 309.8 K or Net Debt of 317.9 K provides information on Better Choice's total assets, liabilities, and equity, which is the actual value of Better Choice to its prevalent stockholders. By breaking down trends over time using Better Choice balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Better Choice latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Better Choice is a good buy for the upcoming year.
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About Better Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Better Choice at a specified time, usually calculated after every quarter, six months, or one year. Better Choice Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Better Choice and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Better currently owns. An asset can also be divided into two categories, current and non-current.
Better Choice Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Better Choice assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Better Choice books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most accounts from Better Choice's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Better Choice current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Choice. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Better Stock, please use our How to Invest in Better Choice guide.At this time, Better Choice's Net Tangible Assets are relatively stable compared to the past year. As of 02/01/2025, Inventory is likely to grow to about 8 M, while Total Stockholder Equity is likely to drop slightly above 3.3 M.
2023 | 2024 | 2025 (projected) | Short and Long Term Debt Total | 4.7M | 5.5M | 7.8M | Common Stock | 32K | 28.8K | 29.7K |
Better Choice balance sheet Correlations
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Better Choice Account Relationship Matchups
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Better Choice balance sheet Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 51.3M | 74.7M | 38.7M | 16.7M | 19.2M | 16.3M | |
Total Stockholder Equity | (28.1M) | 57.9M | 21.5M | 3.0M | 3.4M | 3.3M | |
Property Plant And Equipment Net | 597K | 425K | 548K | 350K | 402.5K | 309.8K | |
Net Debt | 29.0M | (11.4M) | 8.4M | 291K | 334.7K | 317.9K | |
Cash | 3.9M | 21.7M | 3.2M | 4.5M | 5.1M | 2.8M | |
Non Current Assets Total | 33.7M | 30.7M | 11.2M | 505K | 580.8K | 551.7K | |
Cash And Short Term Investments | 3.9M | 21.7M | 3.2M | 4.5M | 5.1M | 3.0M | |
Common Stock Shares Outstanding | 185.9K | 497.8K | 667.1K | 706.0K | 811.9K | 852.5K | |
Liabilities And Stockholders Equity | 51.3M | 74.7M | 38.7M | 16.7M | 19.2M | 16.3M | |
Other Current Assets | 4.1M | 10.2M | 8.4M | 812K | 933.8K | 887.1K | |
Other Stockholder Equity | 232.5M | 317.1M | 320.1M | 324.3M | 372.9M | 391.6M | |
Total Liab | 79.4M | 16.8M | 17.1M | 13.8M | 15.8M | 13.0M | |
Property Plant And Equipment Gross | 597K | 425K | 548K | 654K | 752.1K | 789.7K | |
Total Current Assets | 17.6M | 43.9M | 27.5M | 16.2M | 18.7M | 9.7M | |
Common Stock | 48K | 52K | 29K | 32K | 28.8K | 29.7K | |
Short Long Term Debt Total | 33.0M | 10.3M | 11.6M | 4.7M | 5.5M | 7.8M | |
Other Current Liab | 41.9M | 1.5M | 2.0M | 2.0M | 2.3M | 2.2M | |
Total Current Liabilities | 54.6M | 7.3M | 5.6M | 13.7M | 15.7M | 9.3M | |
Retained Earnings | (260.6M) | (259.3M) | (298.6M) | (321.3M) | (289.2M) | (274.7M) | |
Accounts Payable | 3.1M | 4.6M | 2.9M | 6.9M | 8.0M | 8.4M | |
Non Current Liabilities Total | 24.8M | 9.4M | 11.6M | 67K | 77.1K | 73.2K | |
Current Deferred Revenue | 350K | 225K | 336K | 7K | 8.1K | 7.6K | |
Other Assets | 1.3M | 1.7M | 116K | 544K | 625.6K | 377.0K | |
Short Term Debt | 8.2M | 909K | 217K | 4.7M | 5.4M | 3.3M | |
Net Tangible Assets | (40.3M) | (59.8M) | 27.7M | 11.5M | 10.3M | 10.8M | |
Long Term Debt | 16.4M | 24.6M | 9.4M | 11.4M | 13.2M | 7.6M | |
Net Receivables | 4.6M | 6.8M | 6.7M | 4.4M | 5.0M | 3.5M | |
Inventory | 4.9M | 5.2M | 10.3M | 6.6M | 7.6M | 8.0M | |
Short Long Term Debt | 20.9M | 8.0M | 855K | 4.6M | 5.3M | 4.4M | |
Intangible Assets | 14.6M | 13.1M | 11.6M | 10.1M | 11.6M | 6.0M | |
Property Plant Equipment | 1.4M | 597K | 425K | 548K | 630.2K | 374.5K | |
Non Currrent Assets Other | 1.4M | 116K | 544K | 155K | 178.3K | 169.3K | |
Capital Lease Obligations | 357K | 59K | 176K | 124K | 142.6K | 208.0K | |
Net Invested Capital | 4.5M | 68.1M | 33.0M | 7.6M | 8.7M | 8.3M | |
Net Working Capital | (37.0M) | 36.6M | 21.9M | 2.5M | 2.9M | 3.1M | |
Capital Stock | 10.6M | 52K | 29K | 32K | 28.8K | 27.4K |
Pair Trading with Better Choice
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Better Choice position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Better Choice will appreciate offsetting losses from the drop in the long position's value.Moving against Better Stock
0.61 | BG | Bunge Limited Earnings Call This Week | PairCorr |
0.58 | ADM | Archer Daniels Midland | PairCorr |
0.51 | PM | Philip Morris Intern Earnings Call This Week | PairCorr |
0.4 | DOLE | Dole PLC | PairCorr |
0.36 | LW | Lamb Weston Holdings | PairCorr |
The ability to find closely correlated positions to Better Choice could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Better Choice when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Better Choice - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Better Choice to buy it.
The correlation of Better Choice is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Better Choice moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Better Choice moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Better Choice can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Better Stock Analysis
When running Better Choice's price analysis, check to measure Better Choice'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 Choice is operating at the current time. Most of Better Choice's value examination focuses on studying past and present price action to predict the probability of Better Choice'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 Choice's price. Additionally, you may evaluate how the addition of Better Choice to your portfolios can decrease your overall portfolio volatility.