Better Average Assets Trend from 2010 to 2022

BTTR -  USA Stock  

USD 2.37  0.26  12.32%

Better Choice Average Assets yearly trend continues to be relatively stable with very little volatility. Average Assets are likely to grow to about 68.8 M this year. During the period from 2010 to 2022, Better Choice Average Assets destribution of quarterly values had r-value of  0.90 from its regression line and mean deviation of  22,569,247. Better Choice Selling General and Administrative Expense is relatively stable at the moment as compared to the past year. Better Choice reported last year Selling General and Administrative Expense of 28.51 Million. As of 05/20/2022, Weighted Average Shares is likely to grow to about 21.5 M, while Gross Profit is likely to drop slightly above 12.4 M.
  
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Check Better Choice financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Better main balance sheet or income statement drivers, such as Consolidated Income of 3.7 M, Cost of Revenue of 24.7 M or Earning Before Interest and Taxes EBIT of 7.2 M, as well as many exotic indicators such as Asset Turnover of 0.63, Book Value per Share of 3.13 or Current Ratio of 6.45. Better financial statements analysis is a perfect complement when working with Better Choice Valuation or Volatility modules. It can also supplement various Better Choice Technical models. Continue to the analysis of Better Choice Correlation against competitors.

Better Average Assets Breakdown

Showing smoothed Average Assets of Better Choice with missing and latest data points interpolated. Average asset value for the period used in calculation of Return on Average Equity and Return on Average Assets; derived from Total Assets.Better Choice's Average Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Better Choice's overall financial position and show how it may be relating to other accounts over time.
Average Assets10 Years Trend
Increasing
Slightly volatile
 Average Assets 
Share
      Timeline 

Better Average Assets Regression Statistics

Arithmetic Mean 20,974,041
Geometric Mean 531,939
Coefficient Of Variation 125.45
Mean Deviation 22,569,247
Median 47,968
Standard Deviation 26,312,605
Range 68,799,469
R-Value 0.90
R-Squared 0.82
Significance 0.00002126
Slope 6,113,722

Better Average Assets History

201018.7 K
201114.4 K
201210.1 K
2013  5,953 
2014  3,386 
201548 K
201617.7 K
201729.8 M
202050.7 M
202163.8 M
202268.8 M

Other Fundumenentals of Better Choice

Better Choice Average Assets component correlations

About Better Choice Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Better Choice income statement, its balance sheet, and the statement of cash flows. Better Choice investors use historical funamental indicators, such as Better Choice's Average Assets, to determine how well the company is positioned to perform in the future. Although Better Choice investors may use each financial statement separately, they are all related. The changes in Better Choice's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Better Choice's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Better Choice Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Better Choice. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Return on Average Assets 0.05  0.06 
Average Assets63.8 M68.8 M
Average Equity25.5 M27.5 M
Invested Capital AverageM8.7 M
Better Choice Company Inc. operates as an animal health and wellness company. Its products portfolio includes naturally formulated kibble and canned dog and cat foods, freeze-dried raw dog foods and treats, vegan dog foods and treats, oral care products and supplements, as well as toppers, dental products, chews, and grooming products. The company provides its products for dogs, cats, and pet parents under the Halo and TruDog brand names. Better Choice Company Inc. primarily sells its products through its online portals, as well as through online retailers and pet specialty stores. It has operations in the United States, Canada, China, and Asia. The company was formerly known as Sports Endurance, Inc. and changed its name to Better Choice Company Inc. in March 11, 2019. Better Choice Company Inc. was founded in 1986 and is based in Tampa, Florida.

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Our tools can tell you how much better you can do entering a position in Better Choice without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Continue to the analysis of Better Choice Correlation against competitors. Note that the Better Choice information on this page should be used as a complementary analysis to other Better Choice's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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Is Better Choice's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Better Choice. If investors know Better will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Better Choice listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Better Choice is measured differently than its book value, which is the value of Better that is recorded on the company's balance sheet. Investors also form their own opinion of Better Choice's value that differs from its market value or its book value, called intrinsic value, which is Better Choice's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Better Choice's market value can be influenced by many factors that don't directly affect Better Choice's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Better Choice's value and its price as these two are different measures arrived at by different means. Investors typically determine Better Choice value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Better Choice's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.