Wipro Non Current Liabilities Total vs Property Plant And Equipment Net Analysis
WIT Stock | USD 5.46 0.02 0.37% |
Wipro Limited financial indicator trend analysis is more than just analyzing Wipro Limited ADR current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wipro Limited ADR is a good investment. Please check the relationship between Wipro Limited Non Current Liabilities Total and its Property Plant And Equipment Net accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wipro Limited ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
Non Current Liabilities Total vs Property Plant And Equipment Net
Non Current Liabilities Total vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wipro Limited ADR Non Current Liabilities Total account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Wipro Limited's Non Current Liabilities Total and Property Plant And Equipment Net is 0.58. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Wipro Limited ADR, assuming nothing else is changed. The correlation between historical values of Wipro Limited's Non Current Liabilities Total and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Wipro Limited ADR are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Non Current Liabilities Total i.e., Wipro Limited's Non Current Liabilities Total and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.58 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Non Current Liabilities Total
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most indicators from Wipro Limited's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wipro Limited ADR current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wipro Limited ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. At this time, Wipro Limited's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 27.31 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.05 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 235.1B | 259.4B | 266.1B | 279.4B | Total Revenue | 790.9B | 904.9B | 897.6B | 942.5B |
Wipro Limited fundamental ratios Correlations
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Wipro Limited Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wipro Limited fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 817.1B | 831.4B | 1.1T | 1.2T | 1.2T | 1.2T | |
Short Long Term Debt Total | 97.2B | 104.5B | 175.9B | 174.7B | 155.4B | 163.2B | |
Other Current Liab | 38.3B | 44.2B | 74.9B | 58.6B | 84.7B | 89.0B | |
Total Current Liabilities | 216.4B | 230.0B | 308.3B | 267.8B | 252.5B | 141.9B | |
Total Stockholder Equity | 557.5B | 553.1B | 658.2B | 781.2B | 749.9B | 787.4B | |
Property Plant And Equipment Net | 97.9B | 101.6B | 109.8B | 107.4B | 99.6B | 56.4B | |
Net Debt | (47.3B) | (65.3B) | 72.1B | 82.8B | 58.5B | 61.4B | |
Retained Earnings | 519.9B | 466.7B | 551.3B | 661.0B | 674.7B | 708.5B | |
Accounts Payable | 78.1B | 78.9B | 99.0B | 89.1B | 88.6B | 45.3B | |
Cash | 144.5B | 169.8B | 103.8B | 91.9B | 97.0B | 73.0B | |
Non Current Assets Total | 297.2B | 308.2B | 458.4B | 514.7B | 501.8B | 526.9B | |
Non Currrent Assets Other | 29.9B | 40.4B | 35.5B | 26.4B | 30.8B | 18.8B | |
Other Assets | 41.3B | 42.1B | 38.2B | 15.7B | 18.1B | 13.3B | |
Long Term Debt | 4.8B | 7.5B | 56.5B | 61.3B | 70.5B | 74.0B | |
Cash And Short Term Investments | 335.2B | 346.1B | 351.3B | 410.2B | 407.8B | 428.2B | |
Net Receivables | 164.3B | 153.9B | 215.1B | 215.0B | 199.0B | 108.3B | |
Common Stock Shares Outstanding | 5.8B | 5.7B | 5.5B | 5.5B | 5.3B | 4.8B | |
Liabilities And Stockholders Equity | 817.1B | 831.4B | 1.1T | 1.2T | 1.2T | 1.2T | |
Non Current Liabilities Total | 41.3B | 46.8B | 112.2B | 126.3B | 148.8B | 156.2B | |
Inventory | 1.9B | 1.1B | 1.3B | 1.2B | 907M | 861.7M | |
Other Current Assets | 135M | 783M | 1.2B | 32.9B | 43.0B | 45.1B | |
Other Stockholder Equity | (17.7B) | 34.3B | 48.9B | 62.4B | 3.3B | 3.1B | |
Total Liab | 257.7B | 276.8B | 420.5B | 394.1B | 401.2B | 421.3B | |
Property Plant And Equipment Gross | 97.9B | 101.6B | 238.9B | 235.3B | 270.7B | 284.2B | |
Total Current Assets | 519.9B | 523.2B | 620.8B | 661.1B | 650.7B | 683.2B | |
Accumulated Other Comprehensive Income | 43.8B | 41.2B | 47.1B | 46.8B | 61.4B | 64.5B | |
Short Term Debt | 79.8B | 83.5B | 104.3B | 97.4B | 79.2B | 52.9B | |
Intangible Assets | 20.9B | 13.1B | 43.6B | 43.0B | 32.7B | 34.4B | |
Common Stock | 11.4B | 11.0B | 11.0B | 11.0B | 10.5B | 5.4B | |
Property Plant Equipment | 97.9B | 101.6B | 109.8B | 107.4B | 123.5B | 129.6B | |
Current Deferred Revenue | 20.2B | 23.4B | 30.1B | 22.7B | 20.4B | 27.2B | |
Other Liab | 23.9B | 25.8B | 40.5B | 49.1B | 56.5B | 59.3B | |
Good Will | 131.0B | 139.1B | 247.0B | 308.0B | 316.0B | 459.5B | |
Short Term Investments | 190.7B | 176.3B | 247.4B | 318.3B | 310.8B | 326.4B | |
Net Tangible Assets | 410.1B | 400.9B | 367.6B | 430.1B | 494.7B | 335.5B | |
Deferred Long Term Liab | 4.3B | 3.8B | 3.4B | 3.2B | 3.7B | 2.5B | |
Long Term Investments | 10.7B | 12.4B | 20.3B | 27.8B | 32.0B | 33.6B | |
Short Long Term Debt | 73.2B | 75.9B | 95.2B | 88.8B | 102.1B | 73.9B |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Wipro Limited in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Wipro Limited's short interest history, or implied volatility extrapolated from Wipro Limited options trading.
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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.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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wipro Limited ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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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.