Better Return On Asset

BTTR -  USA Stock  

USD 2.37  0.26  12.32%

Better Choice fundamentals help investors to digest information that contributes to Better Choice's financial success or failures. It also enables traders to predict the movement of Better Stock. This fundamental analysis module provides a way for investors to measures Better Choice's intrinsic value by examining all of its available economic and financial indicators and drivers, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Better Choice stock. Please note, this module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  
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As of 05/22/2022, Average Assets is likely to grow to about 68.8 M. Also, Tangible Asset Value is likely to grow to about 48 M.

Better Return On Asset Analysis

Better Choice's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Return on Asset 
 = 
Net Income 
Total Assets 
X
100 
More About Return On Asset | All Equity Analysis

Current Better Choice Return On Asset

    
  (17.15) %  
Most of Better Choice's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Better Choice is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Better Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Better Choice is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Return On Asset. Since Better Choice's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Better Choice's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Better Choice's interrelated accounts and indicators.

Better Return On Asset Historical Pattern

Today, most investors in Better Choice Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Better Choice's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's return on asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Better Choice return on asset as a starting point in their analysis.
 Better Choice Return On Asset 
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      Timeline 
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Better Total Assets

Total Assets

80.55 Million

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Better Choice Total Assets are relatively stable at the moment as compared to the past year. Better Choice reported last year Total Assets of 74.66 Million
Based on the latest financial disclosure, Better Choice has a Return On Asset of -17.15%. This is 57266.67% lower than that of the Consumer Defensive sector and notably higher than that of the Packaged Foods industry. The return on asset for all United States stocks is notably higher than that of the company.

Better Choice Current Valuation Drivers

We derive many important indicators used in calculating different scores of Better Choice from analyzing Better Choice's financial statements. These drivers represent accounts that assess Better Choice's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Better Choice's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Average Assets47.97 K17.66 K29.76 M50.69 M63.77 M68.8 M
Average Equity(187.34 K)(1.02 M)(5.06 M)(17.99 M)25.47 M27.48 M
Invested Capital Average(154 K)(487.78 K)10.28 M16.47 M8.05 M8.68 M

Better Fundamentals

About Better Choice Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Better Choice's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Better Choice using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Better Choice based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2022
Average Assets63.8 M68.8 M
Tangible Asset Value44.5 M48 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.

Better Choice Investors Sentiment

The influence of Better Choice's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Better. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Better Choice Implied Volatility

    
  50.95  
Better Choice's implied volatility exposes the market's sentiment of Better Choice stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Better Choice's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Better Choice stock will not fluctuate a lot when Better Choice's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Better Choice in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Better Choice's short interest history, or implied volatility extrapolated from Better Choice options trading.

Current Sentiment - BTTR

Better Choice Investor Sentiment

Macroaxis portfolio users are unresponsive in their opinion about investing in Better Choice. What is your opinion about investing in Better Choice? Are you bullish or bearish?
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Continue to Better Choice Piotroski F Score and Better Choice Altman Z Score analysis. 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 Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

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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.
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.