Better Home & Finance Holding Company (BETR) - Total Assets
Based on the latest financial reports, Better Home & Finance Holding Company (BETR) holds total assets worth $1.23 Billion USD as of June 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore cash flow to debt ratio of Better Home & Finance Holding Company to assess how comfortably operating cash covers total debt obligations.
Better Home & Finance Holding Company - Total Assets Trend (2015–2024)
This chart illustrates how Better Home & Finance Holding Company's total assets have evolved over time, based on quarterly financial data. See Better Home & Finance Holding Company shareholders equity for net asset value and shareholders' equity analysis.
Better Home & Finance Holding Company - Asset Composition Analysis
Current Asset Composition (December 2024)
Better Home & Finance Holding Company's total assets of $1.23 Billion consist of 94.4% current assets and 5.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 23.1% |
| Accounts Receivable | $32.19 Million | 3.5% |
| Inventory | $501.56 Million | 54.9% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $20.94 Million | 2.3% |
| Goodwill | $23.61 Million | 2.6% |
Asset Composition Trend (2015–2024)
This chart illustrates how Better Home & Finance Holding Company's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see BETR market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Better Home & Finance Holding Company's current assets represent 94.4% of total assets in 2024, an increase from 10.8% in 2015.
- Cash Position: Cash and equivalents constituted 23.1% of total assets in 2024, up from 5.2% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, a decrease from 87.0% in 2015.
- Asset Diversification: The largest asset category is inventory at 54.9% of total assets.
Better Home & Finance Holding Company Competitors by Total Assets
Key competitors of Better Home & Finance Holding Company based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Timbercreek Financial Corp
TO:TF
|
Canada | CA$2.08 Billion |
|
Builders Capital Mortgage Corp
V:BCF
|
Canada | CA$53.12 Million |
|
Reliance Home Finance Limited
NSE:RHFL
|
India | Rs153.10 Billion |
|
Australian Finance Group Ltd
AU:AFG
|
Australia | AU$7.92 Billion |
|
Resimac Group Ltd
AU:RMC
|
Australia | AU$16.65 Billion |
|
N1 Holdings Ltd
AU:N1H
|
Australia | AU$169.64 Million |
|
Atrium Mortgage Investment Corp
TO:AI
|
Canada | CA$894.42 Million |
|
First National Financial Corp
TO:FN
|
Canada | CA$54.40 Billion |
Better Home & Finance Holding Company - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.04 | 2.46 | 0.65 |
| Quick Ratio | 1.04 | 1.44 | 0.54 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $48.79 Million | $510.71 Million | $-20.48 Million |
Better Home & Finance Holding Company - Advanced Valuation Insights
This section examines the relationship between Better Home & Finance Holding Company's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 11.51 |
| Latest Market Cap to Assets Ratio | 0.47 |
| Asset Growth Rate (YoY) | 0.8% |
| Total Assets | $913.06 Million |
| Market Capitalization | $430.66 Million USD |
Valuation Analysis
Below Book Valuation: The market values Better Home & Finance Holding Company's assets below their book value (0.47x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Better Home & Finance Holding Company's assets grew by 0.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Better Home & Finance Holding Company (2015–2024)
The table below shows the annual total assets of Better Home & Finance Holding Company from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $913.06 Million | +0.83% |
| 2023-12-31 | $905.55 Million | -16.66% |
| 2022-12-31 | $1.09 Billion | -67.07% |
| 2021-12-31 | $3.30 Billion | +293.65% |
| 2016-12-31 | $838.24 Million | +132.33% |
| 2015-12-31 | $360.79 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