Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Kanani Industries's current ratio for the quarter that ended in Jun. 2026 was 0.00.
Kanani Industries has a current ratio of 0.00. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Kanani Industries has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.
The historical rank and industry rank for Kanani Industries's Current Ratio or its related term are showing as below:
NSE:KANANIIND'
s Current Ratio Range Over the Past 10 Years
Min: 1.47 Med: 2.05 Max: 3.82
Current: 3.03
During the past 13 years, Kanani Industries's highest Current Ratio was 3.82. The lowest was 1.47. And the median was 2.05.
NSE:KANANIIND's Current Ratio is ranked better than 80.64% of 1131
companies
in the Retail - Cyclical industry
Industry Median: 1.57
vs NSE:KANANIIND: 3.03
Kanani Industries (NSE:KANANIIND) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Kanani Industries Current Ratio Related Terms
Kanani Industries Current Ratio Historical Data
* Premium members only.
The historical data trend for Kanani Industries's Current Ratio 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.
For the Luxury Goods subindustry, Kanani Industries's Current Ratio, along with its competitors' market caps and Current Ratio 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.
Kanani Industries Current Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Kanani Industries's Current Ratio distribution charts can be found below:
* The bar in red indicates where Kanani Industries's Current Ratio falls into.
* 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.
Kanani Industries (NSE:KANANIIND) has a Current Ratio of 0.00 as of Jun. 2026. Over the past decade, Kanani Industries' Current Ratio has ranged from 1.47 to 3.82. According to the industry distribution chart, Kanani Industries ranks #219 out of 1131 companies in the Retail - Cyclical industry, placing it in the top 19.4%.
Is Kanani Industries' Current Ratio too high?
Kanani Industries' current Current Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 1.47 to a high of 3.82. Based on the distribution chart, Kanani Industries ranks #219 out of 1131 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Kanani Industries has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kanani Industries' Current Ratio compare to TPR?
According to the Retail - Cyclical industry distribution chart, Kanani Industries ranks #219 out of 1131 companies for Current Ratio. This places Kanani Industries in the top 19% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.57. Historically, Kanani Industries' own Current Ratio has ranged from 1.47 to 3.82 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Retail - Cyclical company?
The median Current Ratio among Retail - Cyclical companies is 1.57, based on 1,131 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Retail - Cyclical industry, the median Current Ratio is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kanani Industries's current Current Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kanani Industries stock overvalued right now?
Based on GuruFocus' analysis, Kanani Industries (NSE:KANANIIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1.93, compared to a current price of ₹1.53 — trading 20.7% below its estimated fair value. The current Current Ratio is 0.00. Kanani Industries' overall GF Score™ is 68/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Kanani Industries (NSE:KANANIIND), the current Current Ratio is 0.00 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Kanani Industries (NSE:KANANIIND) Overvalued in 2026?
Based on GuruFocus' analysis, Kanani Industries stock appears to be undervalued.
The current stock price of ₹1.53 is trading 20.7% below its estimated GF Value™ of ₹1.93.
GuruFocus considers Kanani Industries to be Modestly Undervalued.
Key valuation signals for NSE:KANANIIND:
Current Ratio: 0.00
GF Value™: ₹1.93 vs. price of ₹1.53 (20.7% below fair value)
No single metric tells the full story. See the NSE:KANANIIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kanani Industries Ltd is engaged in the manufacture and export of diamond-studded jewelry. The company operates a manufacturing plant in Surat, Gujarat, and supplies products to domestic and international markets. Kanani Industries focuses on creating high-quality, intricately crafted jewelry pieces and has a subsidiary, KIL International Ltd, to support its operations. The company aims to maintain an integrated value chain from manufacturing to retail, emphasizing craftsmanship and customer satisfaction. Revenue is generated through sales of diamond-studded jewelry products.
68GF Score
Get the complete analysis for NSE:KANANIIND
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:KANANIIND has been successfully added to your 
