Butterfly Network Inc
Butterfly Network, Inc. develops, manufactures, and commercializes ultrasound imaging solutions in the United States and internationally. The company offers Butterfly iQ+ and iQ3 ultrasound devices that can perform whole-body imaging on a single handheld probe integrated with the clinical workflow, and accessible on a user's smartphone, tablet, and almost any hospital computer system; Butterfly i… Read more
Butterfly Network Inc (BFLY) - Total Assets
Latest total assets as of September 2025: $290.00 Million USD
Based on the latest financial reports, Butterfly Network Inc (BFLY) holds total assets worth $290.00 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Butterfly Network Inc - Total Assets Trend (2018–2024)
This chart illustrates how Butterfly Network Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Butterfly Network Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Butterfly Network Inc's total assets of $290.00 Million consist of 75.2% current assets and 24.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 34.7% |
| Accounts Receivable | $20.79 Million | 8.1% |
| Inventory | $70.79 Million | 27.6% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $8.92 Million | 3.5% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2018–2024)
This chart illustrates how Butterfly Network Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Butterfly Network Inc's current assets represent 75.2% of total assets in 2024, a decrease from 96.4% in 2018.
- Cash Position: Cash and equivalents constituted 34.7% of total assets in 2024, down from 86.5% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 0.0% in 2018.
- Asset Diversification: The largest asset category is inventory at 27.6% of total assets.
Butterfly Network Inc Competitors by Total Assets
Key competitors of Butterfly Network Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shanghai Kehua Bio-Engineering Co Ltd
SHE:002022
|
China | CN¥5.17 Billion |
|
Jiangsu Yuyue Medical Equipment & Supply Co Ltd
SHE:002223
|
China | CN¥16.67 Billion |
|
Double Medical Technology Inc
SHE:002901
|
China | CN¥4.55 Billion |
|
Wuhan Easy Diagnosis Biomedicine Co Ltd Class A
SHE:002932
|
China | CN¥6.10 Billion |
|
Shinhung
KO:004080
|
Korea | ₩153.50 Billion |
|
UMediC Group Berhad
KLSE:0256
|
Malaysia | RM94.93 Million |
|
Osang Healthcare Co.,Ltd
KQ:036220
|
Korea | ₩287.70 Billion |
|
HansBiomed Corporation
KQ:042520
|
Korea | ₩126.41 Billion |
Butterfly Network Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Butterfly Network Inc generates 0.32x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Butterfly Network Inc is currently not profitable relative to its asset base.
Butterfly Network Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 4.80 | 4.66 | 1.40 |
| Quick Ratio | 3.56 | 2.95 | 1.03 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $191.06 Million | $ 156.70 Million | $ 27.64 Million |
Butterfly Network Inc - Advanced Valuation Insights
This section examines the relationship between Butterfly Network Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.77 |
| Latest Market Cap to Assets Ratio | 3.00 |
| Asset Growth Rate (YoY) | -15.8% |
| Total Assets | $256.08 Million |
| Market Capitalization | $767.91 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Butterfly Network Inc's assets at a significant premium ( 3.00x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Butterfly Network Inc's assets decreased by 15.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Butterfly Network Inc (2018–2024)
The table below shows the annual total assets of Butterfly Network Inc from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $256.08 Million | -15.84% |
| 2023-12-31 | $304.27 Million | -27.13% |
| 2022-12-31 | $417.57 Million | -26.99% |
| 2021-12-31 | $571.97 Million | +288.59% |
| 2020-12-31 | $147.19 Million | -10.87% |
| 2019-12-31 | $165.14 Million | -33.43% |
| 2018-12-31 | $248.07 Million | -- |