Wipro Return On Tangible Assets from 2010 to 2024

WIT Stock  USD 7.03  0.07  0.99%   
Wipro Limited Return On Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Return On Tangible Assets are likely to outpace its year average in 2024. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.13742785
Current Value
0.2
Quarterly Volatility
0.03847806
 
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 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 Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Wipro Limited ADR over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Wipro Limited's Return On Tangible Assets 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.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

Wipro Return On Tangible Assets Regression Statistics

Arithmetic Mean0.16
Geometric Mean0.16
Coefficient Of Variation23.72
Mean Deviation0.03
Median0.15
Standard Deviation0.04
Sample Variance0
Range0.151
R-Value(0.41)
Mean Square Error0
R-Squared0.17
Significance0.13
Slope(0)
Total Sum of Squares0.02

Wipro Return On Tangible Assets History

2024 0.2
2022 0.14
2020 0.16
2016 0.13
2014 0.17
2012 0.18
2011 0.15

About Wipro Limited Financial Statements

Wipro Limited shareholders use historical fundamental indicators, such as Return On Tangible Assets, 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
Return On Tangible Assets 0.14  0.20 

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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.