Better Home & Finance Holding Company (BETR) - Net Assets
Based on the latest financial reports, Better Home & Finance Holding Company (BETR) has net assets worth $76.56 Million USD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.23 Billion) and total liabilities ($1.16 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Better Home & Finance Holding Company asset portfolio for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $76.56 Million |
| % of Total Assets | 6.21% |
| Annual Growth Rate | N/A |
| 5-Year Change | -212.44% |
| 10-Year Change | N/A |
| Growth Volatility | 549.77 |
Better Home & Finance Holding Company - Net Assets Trend (2015–2024)
This chart illustrates how Better Home & Finance Holding Company's net assets have evolved over time, based on quarterly financial data. Check tangible equity quality of Better Home & Finance Holding Company to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Better Home & Finance Holding Company (2015–2024)
The table below shows the annual net assets of Better Home & Finance Holding Company from 2015 to 2024. For live valuation and market cap data, see BETR market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-58.17 Million | -147.45% |
| 2023-12-31 | $122.60 Million | +170.53% |
| 2022-12-31 | $-173.82 Million | -125.70% |
| 2021-12-31 | $676.44 Million | +1207.53% |
| 2016-12-31 | $51.73 Million | +235.43% |
| 2015-12-31 | $15.42 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Better Home & Finance Holding Company's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 13164.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.00K | % |
| Other Comprehensive Income | $-1.94 Million | % |
| Other Components | $1.85 Billion | % |
| Total Equity | $-58.17 Million | 100.00% |
Better Home & Finance Holding Company Competitors by Market Cap
The table below lists competitors of Better Home & Finance Holding Company ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
First Tractor Company Limited
F:FTP
|
$430.73 Million |
|
Kunwu Jiuding Investment Holdings Co Ltd
SHG:600053
|
$430.76 Million |
|
Lutian Machinery Co Ltd
SHG:605259
|
$430.83 Million |
|
Shenzhen Longli Technology Co Ltd Class A
SHE:300752
|
$430.88 Million |
|
Design Therapeutics Inc
NASDAQ:DSGN
|
$430.65 Million |
|
Chun Yuan Steel Industry Co Ltd
TW:2010
|
$430.54 Million |
|
Zhejiang Viewshine Intelligent Meter Co Ltd
SHE:002849
|
$430.37 Million |
|
Kerry TJ Logistics Co Ltd
TW:2608
|
$430.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Better Home & Finance Holding Company's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 122,600,000 to -58,170,000, a change of -180,770,000 (-147.4%).
- Net loss of 206,290,000 reduced equity.
- Other comprehensive income decreased equity by 222,000.
- Other factors increased equity by 25,742,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-206.29 Million | -354.63% |
| Other Comprehensive Income | $-222.00K | -0.38% |
| Other Changes | $25.74 Million | +44.25% |
| Total Change | $- | -147.45% |
Book Value vs Market Value Analysis
This analysis compares Better Home & Finance Holding Company's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.21 | $45.44 | x |
| 2016-12-31 | $0.72 | $45.44 | x |
| 2021-12-31 | $0.92 | $45.44 | x |
| 2022-12-31 | $-0.23 | $45.44 | x |
| 2023-12-31 | $0.27 | $45.44 | x |
| 2024-12-31 | $-3.85 | $45.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Better Home & Finance Holding Company utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -171.83%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-60.87%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 64.09% | 5.37% | 0.51x | 23.39x | $8.34 Million |
| 2016 | 52.76% | 10.08% | 0.32x | 16.20x | $22.12 Million |
| 2021 | -44.52% | -22.96% | 0.40x | 4.88x | $-368.77 Million |
| 2022 | 0.00% | 2.21% | 0.36x | 0.00x | $25.53 Million |
| 2023 | -437.54% | -606.12% | 0.10x | 7.39x | $-548.68 Million |
| 2024 | 0.00% | -171.83% | 0.13x | 0.00x | $-200.47 Million |
Industry Comparison
This section compares Better Home & Finance Holding Company's net assets metrics with peer companies in the Mortgage Finance industry.
Industry Context
- Industry: Mortgage Finance
- Average net assets among peers: $849,904,047
- Average return on equity (ROE) among peers: -40.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Better Home & Finance Holding Company (BETR) | $76.56 Million | 64.09% | 15.09x | $430.66 Million |
| Better Home & Finance Holding Company (BETR) | $122.60 Million | -437.54% | 6.39x | $309.10 Million |
| Beeline Holdings, Inc. (BLNE) | $48.97 Million | -23.14% | 0.36x | $30.33 Million |
| CNFinance Holdings Ltd (CNF) | $6.11 Billion | 1.07% | 1.36x | $16.22 Million |
| Mr. Cooper Group Inc (COOP) | $88.23 Million | 3.48% | 0.77x | $13.49 Billion |
| Greystone Housing Impact Investors LP (GHI) | $132.80 Million | 6.70% | 0.10x | $124.17 Million |
| Guild Holdings Co (GHLD) | $440.94 Million | 16.63% | 3.62x | $1.25 Billion |
| Income Opportunity Realty Investors (IOR) | $22.38 Million | -2.54% | 1.84x | $72.78 Million |
| Loandepot Inc (LDI) | $99.29 Million | 72.78% | 9.31x | $132.71 Million |
| Onity Group Inc. (ONIT) | $582.96 Million | 0.38% | 2.86x | $309.71 Million |
About Better Home & Finance Holding Company
Better Home & Finance Holding Company operates as a homeownership company in the United States. The company provides government-sponsored enterprise GSE conforming loans, U.S. Federal Housing Administration FHA insured loans, U.S. Department of Veterans Affairs VA guaranteed loans, and jumbo loans to GSEs, banks, insurance companies, asset managers, and mortgage real estate investment trusts. It … Read more