BETR (Better Home & Finance Holding Co) LT-Debt-to-Total-Asset : 0.57 (As of Dec. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Better Home & Finance Holding Co LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Better Home & Finance Holding Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.57.

Better Home & Finance Holding Co's long-term debt to total assets ratio declined from Dec. 2023 (0.60) to Dec. 2024 (0.57). It may suggest that Better Home & Finance Holding Co is progressively becoming less dependent on debt to grow their business.

Better Home & Finance Holding Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Better Home & Finance Holding Co's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Better Home & Finance Holding Co LT-Debt-to-Total-Asset Chart

Better Home & Finance Holding Co Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

0.21

0.88

0.60

0.57

Better Home & Finance Holding Co Quarterly Data
	Dec21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.60	0.65	0.57	0.62	0.57

Better Home & Finance Holding Co LT-Debt-to-Total-Asset Calculation

Better Home & Finance Holding Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	523.83	/	913.057
	=	0.57

Better Home & Finance Holding Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	523.83	/	913.057
	=	0.57

Better Home & Finance Holding Co (NAS:BETR) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Better Home & Finance Holding Co LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Better Home & Finance Holding Co's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Better Home & Finance Holding Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Better Home & Finance Holding Co (NAS:BETR) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

175 Greenwich street, 3 World trade center, 57th floor, New York, NY, USA, 10007

Website

https://www.better.com

Better Home & Finance Holding Co is a digital-first homeownership company whose services include mortgage, real estate, title, and homeowners insurance. The company has combined technology innovation and fresh thinking with a deep customer focus with the goal of revolutionizing the homeownership industry.

Executives

Thor Bjorgolfsson	director, 10 percent owner, officer: Chairman	430 PARK AVENUE, 2ND FLOOR, NEW YORK NY 10022
J. Calamari Nicholas	officer: CAO and Senior Counsel	450 PARK AVE, STE. 2702, NEW YORK NY 10022
Riaz Valani	director, 10 percent owner	C/O OUSTER, INC., 350 TREAT AVENUE, SAN FRANCISCO CA 94110
Sb Management Ltd	10 percent owner	9TH FLOOR, AL SILA TOWER, ADGM SQUARE, AL MARYAH ISLAND, ABU DHABI C0 NA
Softbank Group Corp	10 percent owner	1-7-1 KAIGAN, MINATO-KU, TOKYO M0 105-7537
Kevin J Ryan	officer: Chief Financial Officer	C/O WESLEY JESSEN VISIONCARE INC, 333 EAST HOWARD AVE, DES PLAINES IL 60018-5903
Vishal Garg	director, 10 percent owner, officer: Chief Executive Officer	C/O MRU HOLDINGS, INC., 1114 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Activant Ventures Iii, Lp	director, 10 percent owner	323 RAILROAD AVENUE, 2ND FLOOR, GREENWICH CT 06830
Activant Ventures Iii Opportunities Fund 1, Lp	director, 10 percent owner	323 RAILROAD AVENUE, 2ND FLOOR, GREENWICH CT 06830
Activant Ventures Iii Opportunities Fund 2, Lp	director, 10 percent owner	323 RAILROAD AVENUE, 2ND FLOOR, GREENWICH CT 06830
Activant Ventures Iii Opportunities Fund 3, Lp	director, 10 percent owner	323 RAILROAD AVE., 2ND FLOOR, GREENWICH CT 06830
Activant Ventures Iii Opportunities Fund 4, Lp	director, 10 percent owner	323 RAILROAD AVENUE, 2ND FLOOR, GREENWICH CT 06830
Activant Ventures Iii Opportunities Fund 6, Lp	director, 10 percent owner	323 RAILROAD AVENUE, 2ND FLOOR, GREENWICH CT 06830
Paula Tuffin	officer: General Counsel and CCO	3 WORLD TRADE CENTER, 175 GREENWICH ST 57TH FLOOR, NEW YORK NY 10007
Svf Ii Beaver (de) Llc	10 percent owner	300 EL CAMINO REAL, MENLO PARK CA 94025