Butterfly Gandhimathi Appliances Balance Sheet Health
Financial Health criteria checks 5/6
Butterfly Gandhimathi Appliances has a total shareholder equity of ₹3.1B and total debt of ₹43.2M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are ₹6.4B and ₹3.3B respectively. Butterfly Gandhimathi Appliances's EBIT is ₹385.5M making its interest coverage ratio 12. It has cash and short-term investments of ₹829.5M.
Key information
1.4%
Debt to equity ratio
₹43.22m
Debt
Interest coverage ratio | 12x |
Cash | ₹829.53m |
Equity | ₹3.15b |
Total liabilities | ₹3.27b |
Total assets | ₹6.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 517421's short term assets (₹4.7B) exceed its short term liabilities (₹3.2B).
Long Term Liabilities: 517421's short term assets (₹4.7B) exceed its long term liabilities (₹104.1M).
Debt to Equity History and Analysis
Debt Level: 517421 has more cash than its total debt.
Reducing Debt: 517421's debt to equity ratio has reduced from 93% to 1.4% over the past 5 years.
Debt Coverage: 517421's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 517421's interest payments on its debt are well covered by EBIT (12x coverage).