Wipro Current Ratio from 2010 to 2024

WIT Stock  USD 6.99  0.04  0.57%   
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
2.78
Quarterly Volatility
0.35545701
 
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Check Wipro Limited financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wipro Limited's main balance sheet or income statement drivers, such as Depreciation And Amortization of 34 B, Interest Expense of 13.2 B or Total Revenue of 942.5 B, as well as many indicators such as Price To Sales Ratio of 2.71, Dividend Yield of 0.0019 or PTB Ratio of 3.25. Wipro financial statements analysis is a perfect complement when working with Wipro Limited Valuation or Volatility modules.
  
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 Variation15.13
Mean Deviation0.23
Median2.37
Standard Deviation0.36
Sample Variance0.13
Range1.4686
R-Value0.47
Mean Square Error0.11
R-Squared0.22
Significance0.08
Slope0.04
Total Sum of Squares1.77

Wipro Current Ratio History

2024 2.78
2023 2.58
2022 2.47
2021 2.01
2020 2.27
2019 2.4
2018 2.67

About Wipro Limited Financial Statements

Wipro Limited shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Wipro Limited investors may analyze each financial statement separately, they are all interrelated. The changes in Wipro Limited's assets and liabilities, for example, are also reflected in the revenues and expenses on on Wipro Limited's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Ratio 2.58  2.78 

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Additional Tools for Wipro Stock Analysis

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.