Better Financial Statements From 2010 to 2022

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USD 2.34  0.05  2.09%   

Better Choice financial statements provide useful quarterly and yearly information to potential Better Choice investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Better Choice financial statements helps investors assess Better Choice's valuation, profitability, and current liquidity needs.
There are over seventy-five available fundamental signals for Better Choice, which can be analyzed over time and compared to other ratios. Please make sure to validate Better Choice's prevailing fundamental performance against the performance between 2010 and 2022 to make sure the trends are evolving in the right direction.
Better Choice Tangible Asset Value is relatively stable at the moment as compared to the past year. Better Choice reported last year Tangible Asset Value of 44.46 Million. As of 06/28/2022, Working Capital is likely to grow to about 39.5 M, while Free Cash Flow is likely to drop (12.5 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 Choice Revenues

49.64 Million

Share

Better Choice Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets80.6 M74.7 M20.9 M
Increasing
Slightly volatile
Cash and Equivalents31.2 M28.9 M5.7 M
Increasing
Slightly volatile
Deferred Revenue297.1 K357.6 K143.2 K
Increasing
Slightly volatile
Property Plant and Equipment Net384.9 K425 K238.7 K
Increasing
Slightly volatile
Inventory4.5 M5.2 M1.9 M
Increasing
Slightly volatile
Trade and Non Trade Receivables5.6 M6.8 M1.8 M
Increasing
Slightly volatile
Trade and Non Trade Payables4.9 M4.6 M1.7 M
Increasing
Slightly volatile
Goodwill and Intangible Assets29.3 M30.2 M32.6 M
Decreasing
Slightly volatile
Total Liabilities17.1 M16.8 M14.1 M
Increasing
Slightly volatile
Shareholders Equity62.4 M57.9 M5.9 M
Increasing
Slightly volatile
Current Assets47.4 M43.9 M10.6 M
Increasing
Slightly volatile
Assets Non Current33.2 M30.7 M10.3 M
Increasing
Slightly volatile
Current Liabilities9.4 M7.3 M9.6 M
Increasing
Slightly volatile
Liabilities Non Current12.2 M9.4 M16.7 M
Decreasing
Stable
Total Debt10.5 M10.3 M7.9 M
Increasing
Slightly volatile
Debt Current932.9 K909 K3.2 M
Increasing
Slightly volatile
Debt Non Current12.1 M9.4 M16.7 M
Decreasing
Stable
Shareholders Equity USD62.4 M57.9 M5.9 M
Increasing
Slightly volatile
Cash and Equivalents USD31.2 M28.9 M5.7 M
Increasing
Slightly volatile
Total Debt USD10.5 M10.3 M7.9 M
Increasing
Slightly volatile

Better Choice Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues49.6 M46 M14.1 M
Increasing
Slightly volatile
Cost of Revenue24.7 M30.6 M8.2 M
Increasing
Slightly volatile
Selling General and Administrative Expense30.8 M28.5 M11.3 M
Increasing
Slightly volatile
Operating Expenses35.2 M32.6 M13.8 M
Increasing
Slightly volatile
Interest Expense3.5 M3.2 M1.5 M
Increasing
Slightly volatile
Income Tax Expense33.1 K33.3 K36.4 K
Decreasing
Slightly volatile
Consolidated Income3.7 M3.4 M(19.4 M)
Decreasing
Slightly volatile
Net Income3.7 M3.4 M(19.4 M)
Decreasing
Slightly volatile
Preferred Dividends Income Statement Impact93.4 K92.7 K106.1 K
Decreasing
Slightly volatile
Net Income Common Stock3.7 M3.4 M(19.4 M)
Decreasing
Slightly volatile
Weighted Average Shares21.5 M19.9 M4.6 M
Increasing
Slightly volatile
Weighted Average Shares Diluted23.6 M21.9 MM
Increasing
Slightly volatile
Earning Before Interest and Taxes EBIT7.2 M6.6 M(17.8 M)
Decreasing
Stable
Revenues USD49.6 M46 M14.1 M
Increasing
Slightly volatile
Net Income Common Stock USD3.7 M3.4 M(19.4 M)
Decreasing
Slightly volatile
Earning Before Interest and Taxes USD7.2 M6.6 M(17.8 M)
Decreasing
Stable
Gross Profit12.4 M15.4 M4.9 M
Increasing
Slightly volatile

Better Choice Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Cash Flow from Financing40.1 M37.2 M11.4 M
Increasing
Slightly volatile
Issuance Repayment of Debt Securities (3.1 M)(3 M)1.2 M
Increasing
Very volatile
Issuance Purchase of Equity Shares43.4 M40.2 M10.5 M
Increasing
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents26.9 M25 M4.6 M
Increasing
Slightly volatile
Share Based Compensation5.6 M4.1 M2.5 M
Increasing
Slightly volatile
Depreciation Amortization and Accretion1.8 M1.7 M418.6 K
Increasing
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share0.160.15(34.2036)
Increasing
Slightly volatile
Earnings per Diluted Share0.150.14(34.2052)
Increasing
Slightly volatile
Earnings per Basic Share USD0.160.15(34.2036)
Increasing
Slightly volatile
Return on Average Equity0.140.1339.6743
Increasing
Stable
Return on Average Assets0.05720.053(13.3605)
Increasing
Very volatile
Return on Invested Capital0.890.825(3.4011)
Decreasing
Slightly volatile
Gross Margin0.410.3340.7149
Decreasing
Slightly volatile
Profit Margin0.07980.074(1.2895)
Decreasing
Stable
EBITDA Margin0.20.181(1.2061)
Decreasing
Stable
Return on Sales0.150.144(5.6 K)
Increasing
Slightly volatile
Asset Turnover0.630.7210.2974
Increasing
Slightly volatile
Enterprise Value over EBITDA9.318.629(135)
Increasing
Slightly volatile
Enterprise Value over EBIT11.8711.0(134)
Increasing
Slightly volatile
Price to Earnings Ratio23.2321.533(89.6268)
Increasing
Slightly volatile
Sales per Share3.32.3092.2353
Increasing
Slightly volatile
Price to Sales Ratio1.441.3991.4 M
Decreasing
Slightly volatile
Price to Book Value1.761.632(125)
Increasing
Slightly volatile
Debt to Equity Ratio0.310.29(1.7853)
Decreasing
Stable
Current Ratio6.455.9831.1326
Increasing
Slightly volatile
Book Value per Share3.132.904(35.6236)
Increasing
Slightly volatile
Tangible Assets Book Value per Share2.292.2318.9522
Decreasing
Slightly volatile

Better Choice Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax3.7 M3.4 M(19.4 M)
Decreasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDAM8.3 M(17.4 M)
Decreasing
Stable
Earnings Before Interest Taxes and Depreciation Amortization USDM8.3 M(17.4 M)
Decreasing
Stable
Market Capitalization86.1 M94.4 M106 M
Decreasing
Slightly volatile
Enterprise Value75.3 M71.7 M106.4 M
Decreasing
Slightly volatile
Invested Capital20 M18.5 M3.8 M
Increasing
Slightly volatile
Average Equity27.5 M25.5 M1.4 M
Increasing
Slightly volatile
Average Assets68.8 M63.8 M21 M
Increasing
Slightly volatile
Invested Capital Average8.7 MM4.9 M
Increasing
Slightly volatile
Tangible Asset Value48 M44.5 M11.1 M
Increasing
Slightly volatile
Working Capital39.5 M36.6 M1.2 M
Increasing
Stable

Better Fundamental Market Drivers

Short Percent Of Float0.35%
Forward Price Earnings-21.18
Shares Short Prior Month109.14k
Average Daily Volume Last 10 Day108.89k
Average Daily Volume In Three Month110.48k
Date Short Interest29th of April 2022
Fifty Day Average2.3823
Two Hundred Day Average3.0419

Better Upcoming Events

Upcoming Quarterly Report30th of March 2022
Next Financial Report12th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End30th of March 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

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 revenue or net income, 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
Deferred Revenue357.6 K297.1 K
Cost of Revenue30.6 M24.7 M
Revenues46 M49.6 M
Better Choice Company Inc. operates as an animal health and wellness company. Better Choice Company Inc. was founded in 1986 and is based in Tampa, Florida. Better Choice operates under Packaged Foods classification in the United States and is traded on NYSEMKT Exchange. It employs 43 people.

Be your own money manager

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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Analyst Recommendations

Analyst recommendations and target price estimates broken down by several categories
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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.

Better Choice Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

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 equities. 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.
Pair CorrelationCorrelation Matching
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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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When running Better Choice 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 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.
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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.
Market Capitalization
71.9 M
Quarterly Revenue Growth YOY
0.57
Return On Assets
-0.16
Return On Equity
1.11
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.