Better Home & Finance Holding Balance Sheet Health
Financial Health criteria checks 4/6
Better Home & Finance Holding has a total shareholder equity of $122.6M and total debt of $641.8M, which brings its debt-to-equity ratio to 523.5%. Its total assets and total liabilities are $905.6M and $783.0M respectively.
Key information
523.5%
Debt to equity ratio
US$641.81m
Debt
| Interest coverage ratio | n/a |
| Cash | US$505.31m |
| Equity | US$122.60m |
| Total liabilities | US$782.95m |
| Total assets | US$905.55m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BETR's short term assets ($773.0M) exceed its short term liabilities ($200.5M).
Long Term Liabilities: BETR's short term assets ($773.0M) exceed its long term liabilities ($582.5M).
Debt to Equity History and Analysis
Debt Level: BETR's net debt to equity ratio (111.3%) is considered high.
Reducing Debt: Insufficient data to determine if BETR's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: BETR has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: BETR has sufficient cash runway for 2.1 years if free cash flow continues to grow at historical rates of 47.9% each year.