Kanani Industries Limited

NSEI:KANANIIND Stock Report

Market Cap: ₹579.8m

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 ration/a
Cash₹17.29m
Equity₹635.69m
Total liabilities₹224.60m
Total assets₹860.29m

Recent financial health updates

Recent updates

Some Kanani Industries Limited (NSE:KANANIIND) Shareholders Look For Exit As Shares Take 36% Pounding

Mar 10
Some Kanani Industries Limited (NSE:KANANIIND) Shareholders Look For Exit As Shares Take 36% Pounding

Kanani Industries Limited's (NSE:KANANIIND) 28% Share Price Surge Not Quite Adding Up

Jan 25
Kanani Industries Limited's (NSE:KANANIIND) 28% Share Price Surge Not Quite Adding Up

These 4 Measures Indicate That Kanani Industries (NSE:KANANIIND) Is Using Debt Reasonably Well

Dec 08
These 4 Measures Indicate That Kanani Industries (NSE:KANANIIND) Is Using Debt Reasonably Well

Do Kanani Industries' (NSE:KANANIIND) Earnings Warrant Your Attention?

Mar 28
Do Kanani Industries' (NSE:KANANIIND) Earnings Warrant Your Attention?

Kanani Industries (NSE:KANANIIND) Has A Pretty Healthy Balance Sheet

Dec 31
Kanani Industries (NSE:KANANIIND) Has A Pretty Healthy Balance Sheet

Do Kanani Industries' (NSE:KANANIIND) Earnings Warrant Your Attention?

Dec 08
Do Kanani Industries' (NSE:KANANIIND) Earnings Warrant Your Attention?

Here's Why We Think Kanani Industries (NSE:KANANIIND) Might Deserve Your Attention Today

Aug 08
Here's Why We Think Kanani Industries (NSE:KANANIIND) Might Deserve Your Attention Today

Here's Why Kanani Industries (NSE:KANANIIND) Can Manage Its Debt Responsibly

Jul 06
Here's Why Kanani Industries (NSE:KANANIIND) Can Manage Its Debt Responsibly

A Look At The Fair Value Of Kanani Industries Limited (NSE:KANANIIND)

Feb 09
A Look At The Fair Value Of Kanani Industries Limited (NSE:KANANIIND)

Here's Why Kanani Industries (NSE:KANANIIND) Can Manage Its Debt Responsibly

Dec 27
Here's Why Kanani Industries (NSE:KANANIIND) Can Manage Its Debt Responsibly

We Think Kanani Industries (NSE:KANANIIND) Can Stay On Top Of Its Debt

Jul 21
We Think Kanani Industries (NSE:KANANIIND) Can Stay On Top Of Its Debt

We Think Kanani Industries (NSE:KANANIIND) Is Taking Some Risk With Its Debt

Mar 22
We Think Kanani Industries (NSE:KANANIIND) Is Taking Some Risk With Its Debt

Kanani Industries Limited's (NSE:KANANIIND) Stock Is Going Strong: Have Financials A Role To Play?

Feb 15
Kanani Industries Limited's (NSE:KANANIIND) Stock Is Going Strong: Have Financials A Role To Play?

Here's Why We Think Kanani Industries (NSE:KANANIIND) Is Well Worth Watching

Jan 11
Here's Why We Think Kanani Industries (NSE:KANANIIND) Is Well Worth Watching

Kanani Industries (NSE:KANANIIND) Takes On Some Risk With Its Use Of Debt

Nov 19
Kanani Industries (NSE:KANANIIND) Takes On Some Risk With Its Use Of Debt

Here's Why We Think Kanani Industries (NSE:KANANIIND) Is Well Worth Watching

Aug 26
Here's Why We Think Kanani Industries (NSE:KANANIIND) Is Well Worth Watching

Kanani Industries Limited's (NSE:KANANIIND) Share Price Matching Investor Opinion

Jul 22
Kanani Industries Limited's (NSE:KANANIIND) Share Price Matching Investor Opinion

Kanani Industries Limited's (NSE:KANANIIND) P/E Is On The Mark

Jul 06
Kanani Industries Limited's (NSE:KANANIIND) P/E Is On The Mark

Financial 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.


Balance Sheet


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