Wipro Net Invested Capital vs Long Term Investments Analysis

WIT Stock

USD 7.03 0.07 0.99%

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 Net Invested Capital and its Long Term Investments 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.

Net Invested Capital vs Long Term Investments

Net Invested Capital vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wipro Limited ADR Net Invested Capital account and Long Term Investments. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Wipro Limited's Net Invested Capital and Long Term Investments is 0.9. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Long Term Investments 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 Net Invested Capital and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Wipro Limited ADR are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Net Invested Capital i.e., Wipro Limited's Net Invested Capital and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.9

Relationship Direction	Positive
Relationship Strength	Very Strong

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Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Long Term Investments

Long Term Investments is an item on the asset side of Wipro Limited balance sheet that represents investments Wipro Limited ADR intends to hold for over a year. Wipro Limited ADR long term investments may include different instruments such as stocks, bonds, real estate and cash.

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

Gross Profit Total Revenue

Wipro Limited fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets
Total Assets		0.95	0.83	0.8	1.0	0.8	0.9	0.5	0.98	0.02	0.32	0.97	0.53	0.29	0.83	0.96	0.78	0.74	-0.72	0.89	-0.39	0.28	-0.37	0.99	0.87	0.98
Short Long Term Debt Total	0.95		0.77	0.82	0.93	0.73	0.85	0.71	0.92	0.0	0.09	0.92	0.41	0.31	0.86	0.9	0.76	0.62	-0.62	0.86	-0.32	0.23	-0.32	0.97	0.81	0.93
Other Current Liab	0.83	0.77		0.62	0.8	0.72	0.71	0.45	0.73	-0.47	0.18	0.91	0.4	0.08	0.81	0.68	0.55	0.87	-0.85	0.88	-0.53	0.54	-0.26	0.86	0.92	0.71
Total Current Liabilities	0.8	0.82	0.62		0.79	0.92	0.85	0.36	0.81	0.22	0.44	0.71	0.73	0.58	0.55	0.82	0.95	0.47	-0.32	0.53	-0.22	0.31	-0.34	0.81	0.61	0.85
Total Stockholder Equity	1.0	0.93	0.8	0.79		0.8	0.89	0.45	0.99	0.04	0.36	0.96	0.54	0.29	0.81	0.97	0.78	0.74	-0.72	0.87	-0.39	0.26	-0.39	0.97	0.86	0.98
Property Plant And Equipment Net	0.8	0.73	0.72	0.92	0.8		0.79	0.22	0.79	0.04	0.53	0.76	0.76	0.49	0.5	0.78	0.88	0.68	-0.47	0.58	-0.25	0.35	-0.34	0.79	0.67	0.79
Current Deferred Revenue	0.9	0.85	0.71	0.85	0.89	0.79		0.29	0.91	0.23	0.51	0.81	0.73	0.56	0.66	0.92	0.77	0.58	-0.56	0.66	-0.3	0.26	-0.4	0.89	0.72	0.93
Net Debt	0.5	0.71	0.45	0.36	0.45	0.22	0.29		0.43	-0.25	-0.63	0.56	-0.17	0.06	0.74	0.41	0.3	0.28	-0.39	0.64	-0.22	-0.08	-0.17	0.57	0.5	0.42
Retained Earnings	0.98	0.92	0.73	0.81	0.99	0.79	0.91	0.43		0.16	0.38	0.92	0.57	0.36	0.77	0.98	0.8	0.68	-0.65	0.82	-0.36	0.2	-0.42	0.95	0.8	0.99
Accounts Payable	0.02	0.0	-0.47	0.22	0.04	0.04	0.23	-0.25	0.16		0.37	-0.2	0.35	0.47	-0.26	0.19	0.28	-0.43	0.48	-0.32	0.43	-0.36	-0.05	-0.04	-0.37	0.2
Cash	0.32	0.09	0.18	0.44	0.36	0.53	0.51	-0.63	0.38	0.37		0.19	0.73	0.31	-0.13	0.39	0.47	0.24	-0.06	0.0	-0.01	0.37	-0.12	0.24	0.16	0.41
Non Current Assets Total	0.97	0.92	0.91	0.71	0.96	0.76	0.81	0.56	0.92	-0.2	0.19		0.41	0.16	0.89	0.88	0.68	0.84	-0.84	0.96	-0.45	0.31	-0.35	0.97	0.94	0.89
Non Currrent Assets Other	0.53	0.41	0.4	0.73	0.54	0.76	0.73	-0.17	0.57	0.35	0.73	0.41		0.67	0.21	0.57	0.69	0.28	-0.15	0.2	0.0	0.31	-0.17	0.49	0.26	0.6
Other Assets	0.29	0.31	0.08	0.58	0.29	0.49	0.56	0.06	0.36	0.47	0.31	0.16	0.67		0.11	0.47	0.4	0.09	-0.05	-0.02	-0.13	-0.29	-0.57	0.28	0.05	0.39
Long Term Debt	0.83	0.86	0.81	0.55	0.81	0.5	0.66	0.74	0.77	-0.26	-0.13	0.89	0.21	0.11		0.72	0.52	0.64	-0.78	0.95	-0.46	0.23	-0.31	0.87	0.83	0.74
Cash And Short Term Investments	0.96	0.9	0.68	0.82	0.97	0.78	0.92	0.41	0.98	0.19	0.39	0.88	0.57	0.47	0.72		0.76	0.65	-0.64	0.76	-0.38	0.1	-0.49	0.93	0.76	0.98
Net Receivables	0.78	0.76	0.55	0.95	0.78	0.88	0.77	0.3	0.8	0.28	0.47	0.68	0.69	0.4	0.52	0.76		0.4	-0.23	0.53	-0.09	0.36	-0.18	0.77	0.56	0.83
Common Stock Total Equity	0.74	0.62	0.87	0.47	0.74	0.68	0.58	0.28	0.68	-0.43	0.24	0.84	0.28	0.09	0.64	0.65	0.4		-0.91	0.78	-0.62	0.29	-0.49	0.74	0.87	0.62
Common Stock Shares Outstanding	-0.72	-0.62	-0.85	-0.32	-0.72	-0.47	-0.56	-0.39	-0.65	0.48	-0.06	-0.84	-0.15	-0.05	-0.78	-0.64	-0.23	-0.91		-0.86	0.65	-0.18	0.48	-0.73	-0.87	-0.59
Non Current Liabilities Total	0.89	0.86	0.88	0.53	0.87	0.58	0.66	0.64	0.82	-0.32	0.0	0.96	0.2	-0.02	0.95	0.76	0.53	0.78	-0.86		-0.43	0.31	-0.26	0.91	0.91	0.78
Inventory	-0.39	-0.32	-0.53	-0.22	-0.39	-0.25	-0.3	-0.22	-0.36	0.43	-0.01	-0.45	0.0	-0.13	-0.46	-0.38	-0.09	-0.62	0.65	-0.43		-0.12	0.76	-0.39	-0.53	-0.31
Other Current Assets	0.28	0.23	0.54	0.31	0.26	0.35	0.26	-0.08	0.2	-0.36	0.37	0.31	0.31	-0.29	0.23	0.1	0.36	0.29	-0.18	0.31	-0.12		0.25	0.32	0.41	0.24
Other Stockholder Equity	-0.37	-0.32	-0.26	-0.34	-0.39	-0.34	-0.4	-0.17	-0.42	-0.05	-0.12	-0.35	-0.17	-0.57	-0.31	-0.49	-0.18	-0.49	0.48	-0.26	0.76	0.25		-0.34	-0.37	-0.38
Total Liab	0.99	0.97	0.86	0.81	0.97	0.79	0.89	0.57	0.95	-0.04	0.24	0.97	0.49	0.28	0.87	0.93	0.77	0.74	-0.73	0.91	-0.39	0.32	-0.34		0.88	0.95
Property Plant And Equipment Gross	0.87	0.81	0.92	0.61	0.86	0.67	0.72	0.5	0.8	-0.37	0.16	0.94	0.26	0.05	0.83	0.76	0.56	0.87	-0.87	0.91	-0.53	0.41	-0.37	0.88		0.77
Total Current Assets	0.98	0.93	0.71	0.85	0.98	0.79	0.93	0.42	0.99	0.2	0.41	0.89	0.6	0.39	0.74	0.98	0.83	0.62	-0.59	0.78	-0.31	0.24	-0.38	0.95	0.77

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Wipro Limited Account Relationship Matchups

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	82.5B	132B	105.0B	99.6B	104.6B
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	24.7B	19.4B	25.7B
Net Debt	(47.3B)	(65.3B)	72.1B	82.8B	67.7B	71.1B
Retained Earnings	519.9B	466.7B	551.3B	661.0B	630.9B	662.5B
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	502.7B	527.9B
Non Currrent Assets Other	29.9B	40.4B	35.5B	32.7B	21.5B	18.6B
Other Assets	41.3B	42.1B	38.2B	15.7B	(927M)	(880.7M)
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	401.9B	407.8B	428.2B
Net Receivables	164.3B	141.4B	201.7B	215.5B	199.0B	107.2B
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	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	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	105.2B	110.5B
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	310.0B	311.2B	326.7B
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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