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Butterfly Gandhimathi Appliances (BOM:517421) Debt-to-Equity : 0.01 (As of Mar. 2024)


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What is Butterfly Gandhimathi Appliances Debt-to-Equity?

Butterfly Gandhimathi Appliances's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹10 Mil. Butterfly Gandhimathi Appliances's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹27 Mil. Butterfly Gandhimathi Appliances's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹2,922 Mil. Butterfly Gandhimathi Appliances's debt to equity for the quarter that ended in Mar. 2024 was 0.01.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

BOM:517421' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.79   Max: 1.16
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Butterfly Gandhimathi Appliances was 1.16. The lowest was 0.01. And the median was 0.79.

BOM:517421's Debt-to-Equity is ranked better than
99.74% of 380 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.325 vs BOM:517421: 0.01

Butterfly Gandhimathi Appliances Debt-to-Equity Historical Data

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

* Premium members only.

Butterfly Gandhimathi Appliances Debt-to-Equity Chart

Butterfly Gandhimathi Appliances Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 0.13 0.23 0.02 0.01

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
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 N/A 0.01 N/A 0.01

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

For the Furnishings, Fixtures & Appliances subindustry, Butterfly Gandhimathi Appliances's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

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

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



Butterfly Gandhimathi Appliances Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

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

* 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.


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

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Butterfly Gandhimathi Appliances Debt-to-Equity Related Terms

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Butterfly Gandhimathi Appliances (BOM:517421) Business Description

Traded in Other Exchanges
Address
Rajiv Gandhi Salai, E-34, Second Floor, Egattur Village, Chengalpet District, Navalur, Chennai, TN, IND, 600130
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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