Betterware Total Stockholder Equity vs Total Current Assets Analysis

BWMX Stock  USD 11.47  0.28  2.38%   
Betterware financial indicator trend analysis is way more than just evaluating Betterware de Mxico, prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Betterware de Mxico, is a good investment. Please check the relationship between Betterware Total Stockholder Equity and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Betterware de Mxico,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Total Stockholder Equity vs Total Current Assets

Total Stockholder Equity vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Betterware de Mxico, Total Stockholder Equity account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Betterware's Total Stockholder Equity and Total Current Assets is 0.97. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Betterware de Mxico,, assuming nothing else is changed. The correlation between historical values of Betterware's Total Stockholder Equity and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Betterware de Mxico, are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Stockholder Equity i.e., Betterware's Total Stockholder Equity and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Betterware's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Betterware de Mxico, current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Betterware de Mxico,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At this time, Betterware's Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to rise to about 3.1 B in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.11 in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization82.1M287.7M375.1M393.9M
Interest Income25.9M28.7M45.2M47.5M

Betterware fundamental ratios Correlations

0.90.510.940.90.85-0.670.930.860.90.790.660.90.750.840.910.660.960.860.520.90.980.910.031.00.92
0.90.420.780.720.98-0.870.980.990.730.590.480.990.80.981.00.480.820.990.631.00.840.84-0.20.910.98
0.510.420.410.270.29-0.360.380.410.240.30.260.350.760.290.460.260.450.34-0.310.440.490.80.220.540.35
0.940.780.410.960.74-0.460.870.720.960.940.770.810.510.730.780.770.990.750.580.780.990.820.310.920.87
0.90.720.270.960.68-0.330.830.641.00.950.880.750.390.660.720.880.970.680.680.710.950.720.210.860.83
0.850.980.290.740.68-0.890.960.990.690.550.390.990.721.00.970.390.761.00.670.980.780.76-0.190.860.97
-0.67-0.87-0.36-0.46-0.33-0.89-0.77-0.92-0.35-0.170.0-0.85-0.84-0.9-0.860.0-0.48-0.9-0.35-0.87-0.53-0.670.39-0.71-0.77
0.930.980.380.870.830.96-0.770.950.830.730.610.990.70.960.970.610.890.970.70.970.90.84-0.040.931.0
0.860.990.410.720.640.99-0.920.950.650.50.370.980.830.990.990.370.750.990.580.990.780.82-0.240.880.95
0.90.730.240.961.00.69-0.350.830.650.940.860.760.390.670.720.860.970.690.690.720.950.710.190.870.83
0.790.590.30.940.950.55-0.170.730.50.940.890.640.250.530.590.890.930.550.60.580.90.670.470.750.73
0.660.480.260.770.880.390.00.610.370.860.890.50.180.360.51.00.810.40.620.480.770.550.240.620.61
0.90.990.350.810.750.99-0.850.990.980.760.640.50.730.990.980.50.830.990.680.990.850.81-0.120.90.99
0.750.80.760.510.390.72-0.840.70.830.390.250.180.730.730.830.180.570.760.070.820.620.86-0.290.790.68
0.840.980.290.730.661.0-0.90.960.990.670.530.360.990.730.960.360.741.00.660.970.770.75-0.180.850.96
0.911.00.460.780.720.97-0.860.970.990.720.590.50.980.830.960.50.820.980.61.00.840.86-0.210.920.97
0.660.480.260.770.880.390.00.610.370.860.891.00.50.180.360.50.810.40.620.480.770.550.240.620.61
0.960.820.450.990.970.76-0.480.890.750.970.930.810.830.570.740.820.810.770.590.811.00.850.210.940.89
0.860.990.340.750.681.0-0.90.970.990.690.550.40.990.761.00.980.40.770.640.990.790.79-0.190.880.97
0.520.63-0.310.580.680.67-0.350.70.580.690.60.620.680.070.660.60.620.590.640.610.550.24-0.150.480.72
0.91.00.440.780.710.98-0.870.970.990.720.580.480.990.820.971.00.480.810.990.610.840.85-0.20.920.97
0.980.840.490.990.950.78-0.530.90.780.950.90.770.850.620.770.840.771.00.790.550.840.880.190.960.9
0.910.840.80.820.720.76-0.670.840.820.710.670.550.810.860.750.860.550.850.790.240.850.880.130.920.82
0.03-0.20.220.310.21-0.190.39-0.04-0.240.190.470.24-0.12-0.29-0.18-0.210.240.21-0.19-0.15-0.20.190.130.0-0.06
1.00.910.540.920.860.86-0.710.930.880.870.750.620.90.790.850.920.620.940.880.480.920.960.920.00.92
0.920.980.350.870.830.97-0.771.00.950.830.730.610.990.680.960.970.610.890.970.720.970.90.82-0.060.92
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Betterware Account Relationship Matchups

Betterware fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8B4.4B5.4B11.4B11.1B5.8B
Short Long Term Debt Total702.3M654.3M1.5B6.4B5.5B5.8B
Other Current Liab15.6M563.2M55.3M1.3B47.9M45.5M
Total Current Liabilities878.4M2.9B2.5B3.2B3.8B2.3B
Total Stockholder Equity274.5M921.9M1.3B1.1B1.5B834.3M
Other Liab96.9M83.8M100.0M1.1B1.2B1.3B
Net Tangible Assets(384.9M)254.1M573.0M(2.2B)(2.0B)(1.9B)
Property Plant And Equipment Net231.2M816.0M1.1B3.0B2.9B3.1B
Net Debt488.6M4.4M353.1M5.8B5.0B5.2B
Retained Earnings218.4M640.2M990.1M779.9M1.2B607.6M
Accounts Payable529.3M2.1B2.0B1.5B1.8B1.3B
Cash213.7M649.8M1.2B686.1M549.7M578.7M
Non Current Assets Total909.0M1.5B1.8B7.0B7.1B7.5B
Non Currrent Assets Other13.4M5.8M4.3M115.4M53.8M37.4M
Other Assets18.5M23.4M4.3M434.5M499.7M524.7M
Long Term Debt529.6M524.0M1.5B5.9B4.6B4.9B
Cash And Short Term Investments213.7M649.8M1.2B686.1M549.7M578.7M
Net Receivables247.7M735.0M836.8M1.1B1.1B684.2M
Liabilities And Stockholders Equity1.8B4.4B5.4B11.4B11.1B5.8B
Non Current Liabilities Total636.9M624.5M1.6B7.1B5.8B6.1B
Inventory345.6M1.3B1.3B2.1B2.0B1.2B
Other Current Assets20.6M183.0M83.1M471.1M230.7M162.1M
Other Stockholder Equity121K949.3M28.1M(43.3M)(16.4M)(15.6M)
Total Liab1.5B3.5B4.1B10.3B9.6B4.9B
Property Plant And Equipment Gross231.2M816.0M1.2B3.2B3.3B3.4B
Short Long Term Debt148.1M105.9M28.1M230.4M508.7M534.2M
Total Current Assets880.7M2.9B3.6B4.4B4.0B2.7B
Accumulated Other Comprehensive Income121K(718K)583K7.5M(35.6M)(33.8M)
Short Term Debt162.3M113.6M34.2M442.1M625.8M657.1M
Intangible Assets311.0M319.4M369.8M1.7B1.6B1.7B
Property Plant Equipment231.2M816.0M1.1B3.0B2.9B3.1B
Current Deferred Revenue171.2M380.1M388.2M1.4B1.6B1.6B
Capital Lease Obligations24.6M24.4M17.9M291.9M373.0M391.6M
Net Invested Capital952.2M1.6B2.8B7.2B6.6B3.6B
Net Working Capital2.3M39.2M1.1B1.2B165.9M157.6M

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