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
Butterfly Gandhimathi Appliances (NSE:BUTTERFLY) Seems To Use Debt Rather Sparingly
Jun 07
Does Butterfly Gandhimathi Appliances (NSE:BUTTERFLY) Have A Healthy Balance Sheet?
Feb 25Does Butterfly Gandhimathi Appliances (NSE:BUTTERFLY) Have A Healthy Balance Sheet?
Nov 25Here's Why Butterfly Gandhimathi Appliances (NSE:BUTTERFLY) Is Weighed Down By Its Debt Load
Aug 08Recent updates
Butterfly Gandhimathi Appliances (NSE:BUTTERFLY) Knows How To Allocate Capital Effectively
Feb 09With EPS Growth And More, Butterfly Gandhimathi Appliances (NSE:BUTTERFLY) Is Interesting
Dec 16Butterfly Gandhimathi Appliances (NSE:BUTTERFLY) Seems To Use Debt Rather Sparingly
Jun 07Butterfly Gandhimathi Appliances' (NSE:BUTTERFLY) Performance Is Even Better Than Its Earnings Suggest
May 23Returns On Capital At Butterfly Gandhimathi Appliances (NSE:BUTTERFLY) Have Hit The Brakes
Apr 29Butterfly Gandhimathi Appliances Limited's (NSE:BUTTERFLY) Stock Is Going Strong: Have Financials A Role To Play?
Mar 10Does Butterfly Gandhimathi Appliances (NSE:BUTTERFLY) Have A Healthy Balance Sheet?
Feb 25Do Butterfly Gandhimathi Appliances's (NSE:BUTTERFLY) Earnings Warrant Your Attention?
Feb 13Does Butterfly Gandhimathi Appliances' (NSE:BUTTERFLY) CEO Salary Compare Well With Industry Peers?
Feb 01
Is Butterfly Gandhimathi Appliances (NSE:BUTTERFLY) Struggling?
Jan 17Do Insiders Own Lots Of Shares In Butterfly Gandhimathi Appliances Limited (NSE:BUTTERFLY)?
Jan 02V. M. Karthikeyan Is The Senior Vice President of Marketing of Butterfly Gandhimathi Appliances Limited (NSE:BUTTERFLY) And They Just Picked Up 1.2% More Shares
Dec 18Does Butterfly Gandhimathi Appliances (NSE:BUTTERFLY) Have A Healthy Balance Sheet?
Nov 25Butterfly Gandhimathi Appliances Limited's (NSE:BUTTERFLY) Stock Is Going Strong: Have Financials A Role To Play?
Nov 07How Much Is Butterfly Gandhimathi Appliances Limited (NSE:BUTTERFLY) CEO Getting Paid?
Oct 20Did Butterfly Gandhimathi Appliances Limited (NSE:BUTTERFLY) Insiders Sell Shares?
Sep 24Introducing Butterfly Gandhimathi Appliances (NSE:BUTTERFLY), A Stock That Climbed 44% In The Last Year
Sep 03Here's Why Butterfly Gandhimathi Appliances (NSE:BUTTERFLY) Is Weighed Down By Its Debt Load
Aug 08These Metrics Don't Make Butterfly Gandhimathi Appliances (NSE:BUTTERFLY) Look Too Strong
Aug 08Financial Position Analysis
Short Term Liabilities: BUTTERFLY's short term assets (₹4.7B) exceed its short term liabilities (₹3.2B).
Long Term Liabilities: BUTTERFLY's short term assets (₹4.7B) exceed its long term liabilities (₹104.1M).
Debt to Equity History and Analysis
Debt Level: BUTTERFLY has more cash than its total debt.
Reducing Debt: BUTTERFLY's debt to equity ratio has reduced from 93% to 1.4% over the past 5 years.
Debt Coverage: BUTTERFLY's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BUTTERFLY's interest payments on its debt are well covered by EBIT (12x coverage).