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
These 4 Measures Indicate That Kanani Industries (NSE:KANANIIND) Is Using Debt Reasonably Well
Dec 08Kanani Industries (NSE:KANANIIND) Has A Pretty Healthy Balance Sheet
Dec 31Here's Why Kanani Industries (NSE:KANANIIND) Can Manage Its Debt Responsibly
Jul 06Here's Why Kanani Industries (NSE:KANANIIND) Can Manage Its Debt Responsibly
Dec 27We Think Kanani Industries (NSE:KANANIIND) Can Stay On Top Of Its Debt
Jul 21We Think Kanani Industries (NSE:KANANIIND) Is Taking Some Risk With Its Debt
Mar 22Recent updates
Some Kanani Industries Limited (NSE:KANANIIND) Shareholders Look For Exit As Shares Take 36% Pounding
Mar 10Kanani Industries Limited's (NSE:KANANIIND) 28% Share Price Surge Not Quite Adding Up
Jan 25These 4 Measures Indicate That Kanani Industries (NSE:KANANIIND) Is Using Debt Reasonably Well
Dec 08Do Kanani Industries' (NSE:KANANIIND) Earnings Warrant Your Attention?
Mar 28Kanani Industries (NSE:KANANIIND) Has A Pretty Healthy Balance Sheet
Dec 31Do Kanani Industries' (NSE:KANANIIND) Earnings Warrant Your Attention?
Dec 08Here's Why We Think Kanani Industries (NSE:KANANIIND) Might Deserve Your Attention Today
Aug 08Here's Why Kanani Industries (NSE:KANANIIND) Can Manage Its Debt Responsibly
Jul 06A Look At The Fair Value Of Kanani Industries Limited (NSE:KANANIIND)
Feb 09Here's Why Kanani Industries (NSE:KANANIIND) Can Manage Its Debt Responsibly
Dec 27We Think Kanani Industries (NSE:KANANIIND) Can Stay On Top Of Its Debt
Jul 21We Think Kanani Industries (NSE:KANANIIND) Is Taking Some Risk With Its Debt
Mar 22Kanani Industries Limited's (NSE:KANANIIND) Stock Is Going Strong: Have Financials A Role To Play?
Feb 15Here's Why We Think Kanani Industries (NSE:KANANIIND) Is Well Worth Watching
Jan 11Kanani Industries (NSE:KANANIIND) Takes On Some Risk With Its Use Of Debt
Nov 19Here's Why We Think Kanani Industries (NSE:KANANIIND) Is Well Worth Watching
Aug 26Kanani Industries Limited's (NSE:KANANIIND) Share Price Matching Investor Opinion
Jul 22Kanani Industries Limited's (NSE:KANANIIND) P/E Is On The Mark
Jul 06Financial Position Analysis
Short Term Liabilities: KANANIIND's short term assets (₹858.0M) exceed its short term liabilities (₹224.6M).
Long Term Liabilities: KANANIIND's short term assets (₹858.0M) exceed its long term liabilities (₹1,000.0).
Debt to Equity History and Analysis
Debt Level: KANANIIND is debt free.
Reducing Debt: KANANIIND has no debt compared to 5 years ago when its debt to equity ratio was 39.8%.
Debt Coverage: KANANIIND has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: KANANIIND has no debt, therefore coverage of interest payments is not a concern.