Kanani Industries Balance Sheet Health
Financial Health criteria checks 6/6
Kanani Industries has a total shareholder equity of ₹635.7M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹860.3M and ₹224.6M respectively.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | n/a |
| Cash | ₹17.29m |
| Equity | ₹635.69m |
| Total liabilities | ₹224.60m |
| Total assets | ₹860.29m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 506184's short term assets (₹858.0M) exceed its short term liabilities (₹224.6M).
Long Term Liabilities: 506184's short term assets (₹858.0M) exceed its long term liabilities (₹1,000.0).
Debt to Equity History and Analysis
Debt Level: 506184 is debt free.
Reducing Debt: 506184 has no debt compared to 5 years ago when its debt to equity ratio was 39.8%.
Debt Coverage: 506184 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 506184 has no debt, therefore coverage of interest payments is not a concern.