Wipro Long Term Debt Total vs Total Liab Analysis

WIT Stock  USD 5.41  0.01  0.19%   
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 Long Term Debt Total and its Total Liab 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.

Long Term Debt Total vs Total Liab

Long Term Debt Total vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wipro Limited ADR Long Term Debt Total account and Total Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Wipro Limited's Long Term Debt Total and Total Liab is 0.9. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Total Liab 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 Long Term Debt Total and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt Total of Wipro Limited ADR are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Long Term Debt Total i.e., Wipro Limited's Long Term Debt Total and Total Liab go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Long Term Debt Total

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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

Pair Trading with Wipro Limited

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Wipro Limited position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Wipro Limited will appreciate offsetting losses from the drop in the long position's value.

Moving together with Wipro Stock

  0.71G Genpact LimitedPairCorr
  0.88DMRC DigimarcPairCorr

Moving against Wipro Stock

  0.63AUR Aurora Innovation Earnings Call TodayPairCorr
  0.63FIS Fidelity NationalPairCorr
The ability to find closely correlated positions to Wipro Limited could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wipro Limited when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Wipro Limited - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Wipro Limited ADR to buy it.
The correlation of Wipro Limited is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Wipro Limited moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wipro Limited ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Wipro Limited can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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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.