Kanoria Chemicals Industries Stock Working Capital

KANORICHEM   114.67  2.94  2.63%   
Kanoria Chemicals Industries fundamentals help investors to digest information that contributes to Kanoria Chemicals' financial success or failures. It also enables traders to predict the movement of Kanoria Stock. The fundamental analysis module provides a way to measure Kanoria Chemicals' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Kanoria Chemicals stock.
The current year's Net Working Capital is expected to grow to about 631.2 M, whereas Change In Working Capital is projected to grow to (215.5 M).
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Kanoria Chemicals Industries Company Working Capital Analysis

Kanoria Chemicals' Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

 = 

Current Assets

-

Current Liabilities

More About Working Capital | All Equity Analysis

Current Kanoria Chemicals Working Capital

    
  538.4 M  
Most of Kanoria Chemicals' fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Kanoria Chemicals Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Competition

Kanoria Capital Lease Obligations

Capital Lease Obligations

27.08 Million

At present, Kanoria Chemicals' Capital Lease Obligations is projected to decrease significantly based on the last few years of reporting.
Based on the company's disclosures, Kanoria Chemicals Industries has a Working Capital of 538.4 M. This is 24.81% lower than that of the Chemicals sector and significantly higher than that of the Materials industry. The working capital for all India stocks is 63.58% higher than that of the company.

Did you try this?

Run Performance Analysis Now

   

Performance Analysis

Check effects of mean-variance optimization against your current asset allocation
All  Next Launch Module

Kanoria Fundamentals

About Kanoria Chemicals Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Kanoria Chemicals Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kanoria Chemicals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kanoria Chemicals Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Kanoria Stock

Kanoria Chemicals financial ratios help investors to determine whether Kanoria Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Kanoria with respect to the benefits of owning Kanoria Chemicals security.