Wipro Current Ratio from 2010 to 2024

WIT Stock  USD 5.51  0.01  0.18%   
Wipro Limited Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio is likely to outpace its year average in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
2.57730791
Current Value
2.76
Quarterly Volatility
0.35335433
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Wipro Limited financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wipro main balance sheet or income statement drivers, such as Depreciation And Amortization of 15 B, Interest Expense of 12.2 B or Total Revenue of 942.5 B, as well as many exotic indicators such as Price To Sales Ratio of 2.65, Dividend Yield of 0.002 or PTB Ratio of 3.17. Wipro financial statements analysis is a perfect complement when working with Wipro Limited Valuation or Volatility modules.
  
This module can also supplement Wipro Limited's financial leverage analysis and stock options assessment as well as various Wipro Limited Technical models . Check out the analysis of Wipro Limited Correlation against competitors.

Latest Wipro Limited's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Wipro Limited ADR over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Wipro Limited's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Wipro Limited's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.02 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Wipro Current Ratio Regression Statistics

Arithmetic Mean2.35
Geometric Mean2.32
Coefficient Of Variation15.05
Mean Deviation0.23
Median2.37
Standard Deviation0.35
Sample Variance0.12
Range1.4486
R-Value0.47
Mean Square Error0.10
R-Squared0.22
Significance0.08
Slope0.04
Total Sum of Squares1.75

Wipro Current Ratio History

2024 2.76
2023 2.58
2022 2.47
2021 2.01
2020 2.27
2019 2.4
2018 2.67

About Wipro Limited Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Wipro Limited income statement, its balance sheet, and the statement of cash flows. Wipro Limited investors use historical funamental indicators, such as Wipro Limited's Current Ratio, to determine how well the company is positioned to perform in the future. Although Wipro Limited investors may use each financial statement separately, they are all related. The changes in Wipro Limited's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Wipro Limited's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Wipro Limited Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Wipro Limited. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 2.58  2.76 

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When determining whether Wipro Limited ADR is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Wipro Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Wipro Limited Adr Stock. Highlighted below are key reports to facilitate an investment decision about Wipro Limited Adr Stock:
Check out the analysis of Wipro Limited Correlation against competitors.
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When running Wipro Limited's price analysis, check to measure Wipro Limited's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wipro Limited is operating at the current time. Most of Wipro Limited's value examination focuses on studying past and present price action to predict the probability of Wipro Limited's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wipro Limited's price. Additionally, you may evaluate how the addition of Wipro Limited to your portfolios can decrease your overall portfolio volatility.
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Is Wipro Limited's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Wipro Limited. If investors know Wipro will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Wipro Limited listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.03)
Dividend Share
1
Earnings Share
0.26
Revenue Per Share
169.734
Quarterly Revenue Growth
(0.04)
The market value of Wipro Limited ADR is measured differently than its book value, which is the value of Wipro that is recorded on the company's balance sheet. Investors also form their own opinion of Wipro Limited's value that differs from its market value or its book value, called intrinsic value, which is Wipro Limited's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Wipro Limited's market value can be influenced by many factors that don't directly affect Wipro Limited's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Wipro Limited's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wipro Limited is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wipro Limited's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.