Butterfly NetworkBFLYW 60 Current Ratio is 4.02 as of Mar. 2026, which is 33% below its 10-year median of 5.99. GuruFocus rates BFLYW with a GF Score™ of 60/100. The stock has 6 warning signs investors should review. Among 855 Medical Devices & Instruments companies, Butterfly Network ranks better than 70.06% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Butterfly Network's current ratio for the quarter that ended in Mar. 2026 was 4.02.
Butterfly Network has a current ratio of 4.02. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for Butterfly Network's Current Ratio or its related term are showing as below:
BFLYW'
s Current Ratio Range Over the Past 10 Years
Min: 1.4 Med: 5.99 Max: 12.03
Current: 4.02
During the past 7 years, Butterfly Network's highest Current Ratio was 12.03. The lowest was 1.40. And the median was 5.99.
BFLYW's Current Ratio is ranked better than 70.06% of 855
companies
in the Medical Devices & Instruments industry
Industry Median: 2.47
vs BFLYW: 4.02
Butterfly Network (OTCPK:BFLYW) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Butterfly Network Current Ratio Related Terms
Butterfly Network Current Ratio Historical Data
* Premium members only.
The historical data trend for Butterfly Network's Current Ratio 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.
BFLYW vs TMDX, AXGN, NEOG: Current Ratio Comparison
For the Medical Devices subindustry, Butterfly Network's Current Ratio, along with its competitors' market caps and Current Ratio 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 Network Current Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Butterfly Network's Current Ratio distribution charts can be found below:
* The bar in red indicates where Butterfly Network's Current Ratio falls into.
* 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 Network (BFLYW) has a Current Ratio of 4.02 as of Mar. 2026. This is 33% below median its historical median of 5.99. Over the past decade, Butterfly Network's Current Ratio has ranged from 1.40 to 12.03. According to the industry distribution chart, Butterfly Network ranks #256 out of 855 companies in the Medical Devices & Instruments industry, placing it in the top 29.9%.
Is Butterfly Network's Current Ratio too high?
Butterfly Network's current Current Ratio of 4.02 is 33% below median its 10-year median of 5.99. Over the past 10 years, this metric has ranged from a low of 1.40 to a high of 12.03. The Medical Devices & Instruments industry median Current Ratio is 2.47. Butterfly Network's value of 4.02 is 62.8% above this industry median. Based on the distribution chart, Butterfly Network ranks #256 out of 855 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Butterfly Network has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Butterfly Network's Current Ratio compare to TMDX and AXGN?
According to the Medical Devices & Instruments industry distribution chart, Butterfly Network ranks #256 out of 855 companies for Current Ratio. This puts Butterfly Network in the upper half of its industry. The industry median Current Ratio is 2.47. Butterfly Network's value of 4.02 is 62.8% above this benchmark. Historically, Butterfly Network's own Current Ratio has ranged from 1.40 to 12.03 over the past decade. While the company's 10-year median is 5.99 vs. the industry median of 2.47, Butterfly Network has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Medical Devices & Instruments company?
The median Current Ratio among Medical Devices & Instruments companies is 2.47, based on 855 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Butterfly Network's current Current Ratio of 4.02 is 62.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Medical Devices & Instruments industry, the median Current Ratio is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Butterfly Network's current Current Ratio is 4.02, which is 33% below median its own 10-year median of 5.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Butterfly Network stock overvalued right now?
Butterfly Network (BFLYW) has a current Current Ratio of 4.02. The current Current Ratio is 4.02, which is 33% below median its 10-year median of 5.99 and 62.8% above the Medical Devices & Instruments industry median of 2.47. Butterfly Network's overall GF Score™ is 60/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Butterfly Network (BFLYW), the current Current Ratio is 4.02 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Butterfly Network Inc is a digital health business transforming care with handheld, whole-body ultrasound. Powered by its proprietary Ultrasound-on-Chip technology, its solution enables the acquisition of imaging information from an affordable, powerful device that fits in a healthcare professional's pocket with a combination of cloud-connected software and hardware technology that is easily accessed through a mobile application. Butterfly iQ+ is an ultrasound device that can perform whole-body imaging in a single handheld probe using semiconductor technology. The company operates in one reportable segment, which includes all activities related to the development, manufacture, and sale of the Company's products, software, and other services.
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