Better Home & Finance Holding Balance Sheet Health
Financial Health criteria checks 2/6
Better Home & Finance Holding has a total shareholder equity of $388.0K and total debt of $652.5M, which brings its debt-to-equity ratio to 168169.8%. Its total assets and total liabilities are $845.2M and $844.8M respectively.
Key information
168,169.8%
Debt to equity ratio
US$652.50m
Debt
| Interest coverage ratio | n/a |
| Cash | US$212.10m |
| Equity | US$388.00k |
| Total liabilities | US$844.78m |
| Total assets | US$845.16m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BETR's short term assets ($716.3M) exceed its short term liabilities ($287.3M).
Long Term Liabilities: BETR's short term assets ($716.3M) exceed its long term liabilities ($557.4M).
Debt to Equity History and Analysis
Debt Level: BETR's net debt to equity ratio (113505.4%) 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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BETR has less than a year of cash runway if free cash flow continues to grow at historical rates of 30.5% each year.