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BFLY (Butterfly Network) Debt-to-EBITDA : -0.42 (As of Sep. 2024)


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What is Butterfly Network Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Butterfly Network's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $2.38 Mil. Butterfly Network's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $21.03 Mil. Butterfly Network's annualized EBITDA for the quarter that ended in Sep. 2024 was $-55.72 Mil. Butterfly Network's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was -0.42.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

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

BFLY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.98   Med: -0.27   Max: -0.2
Current: -0.27

During the past 5 years, the highest Debt-to-EBITDA Ratio of Butterfly Network was -0.20. The lowest was -0.98. And the median was -0.27.

BFLY's Debt-to-EBITDA is ranked worse than
100% of 429 companies
in the Medical Devices & Instruments industry
Industry Median: 1.54 vs BFLY: -0.27

Butterfly Network Debt-to-EBITDA Historical Data

The historical data trend for Butterfly Network's Debt-to-EBITDA 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 Network Debt-to-EBITDA Chart

Butterfly Network Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
- -0.34 -0.98 -0.20 -0.20

Butterfly Network Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-EBITDA 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 -0.27 -0.15 -0.33 -0.47 -0.42

Competitive Comparison of Butterfly Network's Debt-to-EBITDA

For the Medical Devices subindustry, Butterfly Network's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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's Debt-to-EBITDA Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Butterfly Network's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Butterfly Network's Debt-to-EBITDA falls into.



Butterfly Network Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Butterfly Network's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.192 + 22.835) / -123.044
=-0.20

Butterfly Network's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.379 + 21.03) / -55.716
=-0.42

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Sep. 2024) EBITDA data.


Butterfly Network  (NYSE:BFLY) Debt-to-EBITDA Explanation

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


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Butterfly Network Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Butterfly Network's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Butterfly Network Business Description

Traded in Other Exchanges
N/A
Address
1600 District Avenue, Guilford, Burlington, MA, USA, 01803
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 enables the practical application of ultrasound information in the clinical workflow. Butterfly iQ+ is an ultrasound device that can perform whole-body imaging in a single handheld probe using semiconductor technology. With its small, handheld size, low cost, and simple user interface.
Executives
Andrei G Stoica officer: Chief Technology Officer 1000 CEDAR HOLLOW ROAD, MALVERN PA 19355
S. Louise Phanstiel director 320 WAKARA WAY, SALT LAKE CITY UT 84108
Larry Robbins director, 10 percent owner 767 FIFTH AVENUE, 44TH FLOOR, NEW YORK NY 10153
Joseph Devivo director, officer: President & CEO BUTTERFLY NETWORK, INC., 1600 DISTRICT AVENUE, BURLINGTON MA 01803
Heather C Getz officer: EVP & Chief Financial Officer BIOTELEMETRY, INC., 1000 CEDAR HOLLOW ROAD, #102, MALVERN PA 19355
Lawrence T Weiss officer: CLO, GC and Corp Sec 530 OLD WHITFIELD STREET, GUILFOD CT 06437
John David Martin officer: Chief Medical Officer C/O BUTTERFLY NETWORK, INC., 530 OLD WHITFIELD STREET, GUILFORD CT 06437
Darius Shahida officer: CSO & CBDO C/O BUTTERFLY NETWORK, INC., 530 OLD WHITFIELD STREET, GUILFORD CT 203-689-56
Troy Quander officer: SVP, Regulatory and Quality 530 OLD WHITFIELD STREET, C/O BUTTERFLY NETWORK, INC., GUILFORD CT 06437
Tamara Dillon officer: Chief People Officer 530 OLD WHITFIELD STREET, GUILFORD CT 06437
Stephanie Fielding officer: Chief Financial Officer C/O BUTTERFLY NETWORK, INC., 530 OLD WHITFIELD STREET, GUILFORD CT 06437
Mary Miller officer: GC and CS C/O BUTTERFLY NETWORK, INC., 530 OLD WHITFIELD STREET, GUILFORD CT 06437
Stacey Pugh officer: Chief Commercial Officer C/O BUTTERFLY NETWORK, INC., 530 OLD WHITFIELD STREET, GUILFORD CT 06437
Todd Fruchterman director, officer: President and CEO C/O BUTTERFLY NETWORK, INC., 530 OLD WHITFIELD STREET, GUILFORD CT 06437
Erica Schwartz director 400 INTERSTATE N. PARKWAY SE, SUITE 1600, C/O AVEANNA HEALTHCARE HOLDINGS INC., ATLANTA GA 30339