Wipro Balance Sheet Health
Financial Health criteria checks 5/6
Wipro has a total shareholder equity of ₹820.1B and total debt of ₹165.8B, which brings its debt-to-equity ratio to 20.2%. Its total assets and total liabilities are ₹1,260.1B and ₹440.0B respectively. Wipro's EBIT is ₹143.6B making its interest coverage ratio -16. It has cash and short-term investments of ₹511.6B.
Key information
20.2%
Debt to equity ratio
₹165.81b
Debt
Interest coverage ratio | -16x |
Cash | ₹511.61b |
Equity | ₹820.14b |
Total liabilities | ₹439.96b |
Total assets | ₹1.26t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 507685's short term assets (₹756.4B) exceed its short term liabilities (₹280.9B).
Long Term Liabilities: 507685's short term assets (₹756.4B) exceed its long term liabilities (₹159.1B).
Debt to Equity History and Analysis
Debt Level: 507685 has more cash than its total debt.
Reducing Debt: 507685's debt to equity ratio has increased from 18.3% to 20.2% over the past 5 years.
Debt Coverage: 507685's debt is well covered by operating cash flow (110.2%).
Interest Coverage: 507685 earns more interest than it pays, so coverage of interest payments is not a concern.