Wipro Total Current Liabilities vs Current Deferred Revenue Analysis

WIT Stock  USD 5.44  0.03  0.55%   
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 Total Current Liabilities and its Current Deferred Revenue 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.

Total Current Liabilities vs Current Deferred Revenue

Total Current Liabilities vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wipro Limited ADR Total Current Liabilities account and Current Deferred Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Wipro Limited's Total Current Liabilities and Current Deferred Revenue is 0.84. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Current Deferred Revenue 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 Total Current Liabilities and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Wipro Limited ADR are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Current Liabilities i.e., Wipro Limited's Total Current Liabilities and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Liabilities

Total Current Liabilities is an item on Wipro Limited balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Wipro Limited ADR are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
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 Profit235.1B259.4B266.1B279.4B
Total Revenue790.9B904.9B897.6B942.5B

Wipro Limited fundamental ratios Correlations

0.940.870.81.00.80.90.480.990.780.320.970.560.470.830.960.790.74-0.720.89-0.390.110.210.990.870.98
0.940.760.840.920.740.850.70.910.740.10.90.450.490.830.90.790.6-0.590.83-0.31-0.010.260.960.780.93
0.870.760.540.850.630.690.450.820.520.140.940.370.20.870.730.540.85-0.870.95-0.490.240.220.890.930.76
0.80.840.540.790.920.840.370.780.960.440.710.750.650.510.820.960.47-0.320.53-0.22-0.170.310.810.550.85
1.00.920.850.790.80.890.430.990.780.360.960.570.470.810.970.780.74-0.720.87-0.390.130.190.970.850.98
0.80.740.630.920.80.780.220.760.930.530.760.780.570.480.780.910.68-0.470.58-0.25-0.130.390.790.620.79
0.90.850.690.840.890.780.270.890.840.520.80.720.670.640.920.790.58-0.570.67-0.3-0.090.190.890.680.93
0.480.70.450.370.430.220.270.420.19-0.640.54-0.160.190.710.40.30.26-0.360.61-0.21-0.170.160.560.480.4
0.990.910.820.780.990.760.890.420.770.350.930.560.50.790.980.770.7-0.680.85-0.370.130.090.960.820.98
0.780.740.520.960.780.930.840.190.770.590.670.860.650.470.80.960.46-0.320.5-0.17-0.120.290.760.510.83
0.320.10.140.440.360.530.52-0.640.350.590.190.750.3-0.140.390.490.24-0.060.0-0.010.170.10.240.120.41
0.970.90.940.710.960.760.80.540.930.670.190.450.360.890.880.690.84-0.840.96-0.450.120.280.970.940.89
0.560.450.370.750.570.780.72-0.160.560.860.750.450.660.220.610.740.33-0.20.27-0.03-0.090.230.530.250.63
0.470.490.20.650.470.570.670.190.50.650.30.360.660.270.630.490.26-0.260.2-0.24-0.64-0.180.460.180.55
0.830.830.870.510.810.480.640.710.790.47-0.140.890.220.270.720.490.65-0.80.96-0.460.130.180.860.860.73
0.960.90.730.820.970.780.920.40.980.80.390.880.610.630.720.770.65-0.640.77-0.39-0.020.060.930.760.98
0.790.790.540.960.780.910.790.30.770.960.490.690.740.490.490.770.43-0.250.54-0.120.010.370.780.530.83
0.740.60.850.470.740.680.580.260.70.460.240.840.330.260.650.650.43-0.910.78-0.620.020.20.740.870.62
-0.72-0.59-0.87-0.32-0.72-0.47-0.57-0.36-0.68-0.32-0.06-0.84-0.2-0.26-0.8-0.64-0.25-0.91-0.860.65-0.04-0.12-0.73-0.9-0.59
0.890.830.950.530.870.580.670.610.850.50.00.960.270.20.960.770.540.78-0.86-0.430.230.240.910.940.78
-0.39-0.31-0.49-0.22-0.39-0.25-0.3-0.21-0.37-0.17-0.01-0.45-0.03-0.24-0.46-0.39-0.12-0.620.65-0.430.080.1-0.39-0.53-0.31
0.11-0.010.24-0.170.13-0.13-0.09-0.170.13-0.120.170.12-0.09-0.640.13-0.020.010.02-0.040.230.080.10.070.190.09
0.210.260.220.310.190.390.190.160.090.290.10.280.23-0.180.180.060.370.2-0.120.240.10.10.260.260.14
0.990.960.890.810.970.790.890.560.960.760.240.970.530.460.860.930.780.74-0.730.91-0.390.070.260.880.95
0.870.780.930.550.850.620.680.480.820.510.120.940.250.180.860.760.530.87-0.90.94-0.530.190.260.880.76
0.980.930.760.850.980.790.930.40.980.830.410.890.630.550.730.980.830.62-0.590.78-0.310.090.140.950.76
Click cells to compare fundamentals

Wipro Limited Account Relationship Matchups

Wipro Limited fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets817.1B831.4B1.1T1.2T1.2T1.2T
Short Long Term Debt Total97.2B104.5B175.9B174.7B155.4B163.2B
Other Current Liab38.3B44.2B74.9B58.6B84.7B89.0B
Total Current Liabilities216.4B230.0B308.3B267.8B252.5B141.9B
Total Stockholder Equity557.5B553.1B658.2B781.2B749.9B787.4B
Property Plant And Equipment Net97.9B101.6B109.8B107.4B99.6B56.4B
Current Deferred Revenue20.2B23.4B30.1B22.7B20.4B26.0B
Net Debt(47.3B)(65.3B)72.1B82.8B58.5B61.4B
Retained Earnings519.9B466.7B551.3B661.0B674.7B708.5B
Accounts Payable78.1B78.9B99.0B89.1B88.6B45.3B
Cash144.5B169.8B103.8B91.9B97.0B73.0B
Non Current Assets Total297.2B308.2B458.4B514.7B501.8B526.9B
Non Currrent Assets Other29.9B40.4B35.5B26.4B30.8B18.8B
Other Assets41.3B42.1B38.2B15.7B18.1B13.3B
Long Term Debt4.8B7.5B56.5B61.3B70.5B74.0B
Cash And Short Term Investments335.2B346.1B351.3B410.2B407.8B428.2B
Net Receivables164.3B153.9B215.1B215.0B199.0B108.3B
Common Stock Shares Outstanding5.8B5.7B5.5B5.5B5.3B4.8B
Liabilities And Stockholders Equity817.1B831.4B1.1T1.2T1.2T1.2T
Non Current Liabilities Total41.3B46.8B112.2B126.3B148.8B156.2B
Inventory1.9B1.1B1.3B1.2B907M861.7M
Other Current Assets135M783M1.2B32.9B43.0B45.1B
Other Stockholder Equity(17.7B)34.3B48.9B62.4B3.3B3.1B
Total Liab257.7B276.8B420.5B394.1B401.2B421.3B
Property Plant And Equipment Gross97.9B101.6B238.9B235.3B270.7B284.2B
Total Current Assets519.9B523.2B620.8B661.1B650.7B683.2B
Accumulated Other Comprehensive Income43.8B41.2B47.1B46.8B61.4B64.5B
Short Term Debt79.8B83.5B104.3B97.4B79.2B52.9B
Intangible Assets20.9B13.1B43.6B43.0B32.7B34.4B
Common Stock11.4B11.0B11.0B11.0B10.5B5.4B
Property Plant Equipment97.9B101.6B109.8B107.4B123.5B129.6B
Other Liab23.9B25.8B40.5B49.1B56.5B59.3B
Good Will131.0B139.1B247.0B308.0B316.0B459.5B
Short Term Investments190.7B176.3B247.4B318.3B310.8B326.4B
Net Tangible Assets410.1B400.9B367.6B430.1B494.7B335.5B
Deferred Long Term Liab4.3B3.8B3.4B3.2B3.7B2.5B
Long Term Investments10.7B12.4B20.3B27.8B32.0B33.6B
Short Long Term Debt73.2B75.9B95.2B88.8B102.1B73.9B

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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 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.
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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.