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Better Choice Company Inc   (BTTR)
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Better Choice Inc 's Leverage Ratio

BTTR's quarterly Leverage Ratio and Total Liabilities, Equity growth


Due to net new borrowings of 12.63%, Leverage Ratio fell to 1.06, above the Better Choice Inc 's average Leverage Ratio.

Within Nonalcoholic Beverages industry in the third quarter 2023, 11 other companies have achieved lower Leverage Ratio than Better Choice Inc in the III Quarter 2023. While Leverage Ratio total ranking has deteriorated compared to the second quarter 2023 from 1501 to 1842 .

Explain Leverage Ratio?
Who are BTTR Customers?
What are BTTR´s Total Liabilities?


BTTR Leverage Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Equity Change -66.77 % -68.41 % -65.58 % -65.69 % 218.2 %
Y / Y Total Liabilities Change -17.36 % -23.8 % -17.87 % 6.31 % -44.66 %
Leverage Ratio MRQ 1.06 0.87 0.86 0.8 0.43
BTTR's Total Ranking # 1842 # 1501 # 1454 # 1580 # 1020
Seq. Equity Change -7.06 % -14.18 % -12.18 % -52.56 % -11.65 %
Seq. Total Liabilities Change 12.63 % -12.69 % -5.3 % -11.27 % 3.86 %



Leverage Ratio third quarter 2023 Company Ranking
Within: No.
Nonalcoholic Beverages Industry # 12
Consumer Non Cyclical Sector # 75
Overall Market # 1842


Leverage Ratio Statistics
High Average Low
2.45 0.83 0.26
(Jun 30 2021)   (Sep 30 2021)




Financial Statements
Better Choice Inc 's Equity $ 15 Millions Visit BTTR's Balance sheet
Better Choice Inc 's Total Liabilities $ 16 Millions Visit BTTR's Balance sheet
Source of BTTR's Sales Visit BTTR's Sales by Geography


Cumulative Better Choice Inc 's Leverage Ratio

BTTR's Leverage Ratio for the trailling 12 Months

BTTR Leverage Ratio

(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Equity TTM Growth -66.77 % -68.41 % -65.58 % -65.69 % 218.2 %
Y / Y Total Liabilities TTM Growth -17.36 % -23.8 % -17.87 % 6.31 % -44.66 %
Leverage Ratio TTM 0.89 0.66 0.52 0.43 0.34
Total Ranking TTM # 8 # 82 # 63 # 42 # 689
Seq. Equity TTM Growth -7.06 % -14.18 % -12.18 % -52.56 % -11.65 %
Seq. Total Liabilities TTM Growth 12.63 % -12.69 % -5.3 % -11.27 % 3.86 %


On the trailing twelve months basis Due to the net new borrowings of 12.63% during the trailing twelve months finishing in the III Quarter 2023, cumulativeLeverage Ratio improved to 0.89, below the Better Choice Inc 's average Leverage Ratio.
Leverage Ratio is the average cumulative value over the last four quarters.

Among companies in the Nonalcoholic Beverages industry BTTR recorded the lowest Leverage Ratio. While Leverage Ratio total ranking has improved so far to 8, from total ranking in previous 12 month period at 82.

Explain Leverage Ratio?
Who are BTTR Customers?
What are BTTR´s Total Liabilities?

TTM Leverage Ratio Company Ranking
Within: No.
Within the Nonalcoholic Beverages Industry # 0
Consumer Non Cyclical Sector # 1
Within the Market # 8


trailing twelve months Leverage Ratio Statistics
High Average Low
13.56 2.31 0.34
(Sep 30 2021)   (Sep 30 2022)




Companies with similar Leverage Ratio in the quarter ending Sep 30 2023, within Nonalcoholic Beverages Industry Leverage RatioSep 30 2023 MRQ Total LiabilitiesSep 30 2023 MRQ Equity
Coca cola Europacific Partners Plc  2.67 $ 23,831.360  Millions$ 8,933.120  Millions
Vintage Wine Estates Inc   2.50 $ 397.445  Millions$ 158.800  Millions
Coca Cola Co  2.16 $ 60,093.000  Millions$ 27,833.000  Millions
Primo Water Corp  1.78 $ 2,303.300  Millions$ 1,290.700  Millions
Coca cola Consolidated Inc   1.72 $ 2,616.954  Millions$ 1,524.328  Millions
Constellation Brands Inc   1.60 $ 15,539.200  Millions$ 9,724.000  Millions
Fresh Vine Wine Inc   1.42 $ 1.532  Millions$ 1.076  Millions
Equator Beverage Company  1.31 $ 0.309  Millions$ 0.236  Millions
Better Choice Company Inc   1.06 $ 15.970  Millions$ 15.079  Millions
Keurig Dr Pepper Inc   0.81 $ 20,563.000  Millions$ 25,364.000  Millions
Andina Bottling Co Inc  0.75 $ 1,006.091  Millions$ 1,337.326  Millions
Ambev S a   0.66 $ 9,975.095  Millions$ 15,227.322  Millions
Willamette Valley Vineyards Inc   0.45 $ 31.777  Millions$ 69.949  Millions
National Beverage Corp   0.41 $ 192.233  Millions$ 467.170  Millions
The Duckhorn Portfolio Inc   0.41 $ 389.668  Millions$ 958.767  Millions
The Vita Coco Company Inc   0.39 $ 75.876  Millions$ 192.603  Millions
Jones Soda Co  0.34 $ 3.030  Millions$ 8.960  Millions
Zevia Pbc  0.22 $ 15.098  Millions$ 69.253  Millions

Date modified: 2023-11-30T21:24:41+00:00



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