Butterfly Gandhimathi Appliances (BOM:517421) Cash-to-Debt : 20.77 (As of Mar. 2024)

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What is Butterfly Gandhimathi Appliances Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Butterfly Gandhimathi Appliances's cash to debt ratio for the quarter that ended in Mar. 2024 was 20.77.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Butterfly Gandhimathi Appliances could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Butterfly Gandhimathi Appliances's Cash-to-Debt or its related term are showing as below:

BOM:517421' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.08 Max: 20.77
Current: 20.77

During the past 13 years, Butterfly Gandhimathi Appliances's highest Cash to Debt Ratio was 20.77. The lowest was 0.01. And the median was 0.08.

BOM:517421's Cash-to-Debt is ranked better than
83.93% of 417 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.98 vs BOM:517421: 20.77

Butterfly Gandhimathi Appliances Cash-to-Debt Historical Data

The historical data trend for Butterfly Gandhimathi Appliances's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Butterfly Gandhimathi Appliances Cash-to-Debt Chart

Butterfly Gandhimathi Appliances Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.01

1.12

0.02

11.69

20.77

Butterfly Gandhimathi Appliances Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															11.69	N/A	19.26	N/A	20.77

Competitive Comparison of Butterfly Gandhimathi Appliances's Cash-to-Debt

For the Furnishings, Fixtures & Appliances subindustry, Butterfly Gandhimathi Appliances's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Butterfly Gandhimathi Appliances's Cash-to-Debt Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Butterfly Gandhimathi Appliances's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Butterfly Gandhimathi Appliances's Cash-to-Debt falls into.

Butterfly Gandhimathi Appliances Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Butterfly Gandhimathi Appliances's Cash to Debt Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	775.57	/	(10.276	+	27.072)
	=	20.77

Butterfly Gandhimathi Appliances's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	775.57	/	(10.276	+	27.072)
	=	20.77

Butterfly Gandhimathi Appliances (BOM:517421) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Butterfly Gandhimathi Appliances Cash-to-Debt Related Terms

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Butterfly Gandhimathi Appliances (BOM:517421) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Butterfly Gandhimathi Appliances Ltd (BOM:517421) » Definitions » Cash-to-Debt

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BUTTERFLY:India

Address

Rajiv Gandhi Salai, E-34, Second Floor, Egattur Village, Chengalpet District, Navalur, Chennai, TN, IND, 600130

Website

https://www.butterflyindia.com

Butterfly Gandhimathi Appliances Ltd is a kitchen appliances company in India. The company is engaged in offering kitchen and electrical appliances, cookware, and other products. The company manufactures LPG Stoves, mixer grinders, tabletop wet grinders, power hobs, electrical rice cookers, chimneys, and stainless steel and aluminum pressure cookers among others.

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