BETR (Better Home & Finance Holding Co) Total Assets : $913.1 Mil (As of Dec. 2024)

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What is Better Home & Finance Holding Co Total Assets?

Better Home & Finance Holding Co's Total Assets for the quarter that ended in Dec. 2024 was $913.1 Mil.

During the past 12 months, Better Home & Finance Holding Co's average Total Assets Growth Rate was 72.20% per year. During the past 3 years, the average Total Assets Growth Rate was -35.00% per year.

During the past 4 years, Better Home & Finance Holding Co's highest 3-Year average Total Assets Growth Rate was -35.00%. The lowest was -35.00%. And the median was -35.00%.

Total Assets is connected with ROA %. Better Home & Finance Holding Co's annualized ROA % for the quarter that ended in Dec. 2024 was -26.95%. Total Assets is also linked to Revenue through Asset Turnover. Better Home & Finance Holding Co's Asset Turnover for the quarter that ended in Dec. 2024 was 0.05.

Better Home & Finance Holding Co Total Assets Historical Data

The historical data trend for Better Home & Finance Holding Co's Total Assets 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.

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Better Home & Finance Holding Co Total Assets Chart

Better Home & Finance Holding Co Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Total Assets

3,299.72

1,083.35

905.55

913.06

Better Home & Finance Holding Co Quarterly Data
	Dec21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Assets	Get a 7-Day Free Trial							905.55	841.59	957.88	845.16	913.06

Better Home & Finance Holding Co Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Better Home & Finance Holding Co's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (A: Dec. 2024 )	+	Total Liabilities (A: Dec. 2024 )
	=	-58.17	+	971.227
	=	913.1

Better Home & Finance Holding Co's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2024 )	+	Total Liabilities (Q: Dec. 2024 )
	=	-58.17	+	971.227
	=	913.1

Better Home & Finance Holding Co (NAS:BETR) Total Assets Explanation

Total Assets is connected with ROA %.

Better Home & Finance Holding Co's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %	=	Net Income (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	-236.892	/	( (845.163	+	913.057)	/ 2 )
	=	-236.892	/	879.11
	=	-26.95 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Better Home & Finance Holding Co's Asset Turnover for the quarter that ended in Dec. 2024 is

	Asset Turnover
=	Revenue (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
=	47.237	/	( (845.163	+	913.057)	/ 2 )
=	47.237	/	879.11
=	0.05

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Better Home & Finance Holding Co Total Assets Related Terms

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Better Home & Finance Holding Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Better Home & Finance Holding Co (NAS:BETR) » Definitions » Total Assets

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