Wipro Cash And Equivalents vs Long Term Debt Total Analysis
WIT Stock | USD 6.98 0.19 2.80% |
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 Cash And Equivalents and its Long Term Debt Total 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 closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Cash And Equivalents vs Long Term Debt Total
Cash And Equivalents vs Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wipro Limited ADR Cash And Equivalents account and Long Term Debt Total. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Wipro Limited's Cash And Equivalents and Long Term Debt Total is 0.12. Overlapping area represents the amount of variation of Cash And Equivalents that can explain the historical movement of Long Term Debt Total 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 Cash And Equivalents and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Equivalents of Wipro Limited ADR are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Cash And Equivalents i.e., Wipro Limited's Cash And Equivalents and Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.12 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Cash And Equivalents
Long Term Debt Total
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 closely tied 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 is likely to gain to about 2 T in 2024, whereas Tax Provision is likely to drop slightly above 31 B 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 | 164.6B | 172.9B | |
Other Current Liab | 38.3B | 105.9B | 162.1B | 129.7B | 119.0B | 125.0B | |
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 | |
Current Deferred Revenue | 20.2B | 23.4B | 30.1B | 22.7B | 19.4B | 25.6B | |
Net Debt | (47.3B) | (65.3B) | 72.1B | 82.8B | 67.7B | 71.1B | |
Retained Earnings | 519.9B | 466.7B | 551.3B | 661.0B | 674.7B | 708.5B | |
Accounts Payable | 78.1B | 23.2B | 28.7B | 21.7B | 23.3B | 34.0B | |
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 | 62.3B | 65.4B | |
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 | 230.5B | 199.0B | 109.1B | |
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 | 35.9B | 72.8B | 43.9B | 43.0B | 22.6B | |
Other Stockholder Equity | (17.7B) | 714M | 1.6B | 3.7B | (59.8B) | (56.8B) | |
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 | 220.1B | 231.1B | |
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 | 88.4B | 53.3B | |
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 | |
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 | 22.7B | 12.1B | |
Short Long Term Debt | 73.2B | 75.9B | 95.2B | 88.8B | 79.2B | 75.1B |
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