Wipro Balance Sheet Health
Financial Health criteria checks 5/6
Wipro has a total shareholder equity of ₹751.2B and total debt of ₹141.5B, which brings its debt-to-equity ratio to 18.8%. Its total assets and total liabilities are ₹1,152.5B and ₹401.2B respectively. Wipro's EBIT is ₹135.8B making its interest coverage ratio -19.6. It has cash and short-term investments of ₹407.8B.
Key information
18.8%
Debt to equity ratio
₹141.47b
Debt
| Interest coverage ratio | -19.6x |
| Cash | ₹407.79b |
| Equity | ₹751.22b |
| Total liabilities | ₹401.24b |
| Total assets | ₹1.15t |
Recent financial health updates
Is Wipro (NSE:WIPRO) Using Too Much Debt?
Feb 09
Wipro (NSE:WIPRO) Seems To Use Debt Rather Sparingly
Sep 25Wipro (NSE:WIPRO) Could Easily Take On More Debt
Jun 08Is Wipro (NSE:WIPRO) Using Too Much Debt?
Mar 09Wipro (NSE:WIPRO) Could Easily Take On More Debt
Sep 18Recent updates
Investors Can Find Comfort In Wipro's (NSE:WIPRO) Earnings Quality
Apr 26Here's What Analysts Are Forecasting For Wipro Limited (NSE:WIPRO) After Its Yearly Results
Apr 22Investors Don't See Light At End Of Wipro Limited's (NSE:WIPRO) Tunnel
Apr 16Investors Met With Slowing Returns on Capital At Wipro (NSE:WIPRO)
Mar 01Is Wipro (NSE:WIPRO) Using Too Much Debt?
Feb 09Wipro Limited (NSE:WIPRO) Analysts Are Pretty Bullish On The Stock After Recent Results
Jan 16Wipro (NSE:WIPRO) Will Pay A Dividend Of ₹1.00
Jan 15Wipro Limited's (NSE:WIPRO) Price Is Right But Growth Is Lacking
Jan 02Estimating The Fair Value Of Wipro Limited (NSE:WIPRO)
Oct 31Wipro (NSE:WIPRO) Seems To Use Debt Rather Sparingly
Sep 25Investors Will Want Wipro's (NSE:WIPRO) Growth In ROCE To Persist
Aug 12Are Wipro Limited (NSE:WIPRO) Investors Paying Above The Intrinsic Value?
Jul 25Wipro (NSE:WIPRO) Could Easily Take On More Debt
Jun 08Wipro's (NSE:WIPRO) Returns Have Hit A Wall
Apr 09Is Wipro (NSE:WIPRO) Using Too Much Debt?
Mar 09Is Wipro Limited (NSE:WIPRO) Worth ₹403 Based On Its Intrinsic Value?
Feb 22Wipro (NSE:WIPRO) Has Announced A Dividend Of ₹1.00
Jan 16Wipro (NSE:WIPRO) Has More To Do To Multiply In Value Going Forward
Dec 26Wipro (NSE:WIPRO) Could Easily Take On More Debt
Sep 18Wipro Limited (NSE:WIPRO) Shares Could Be 30% Below Their Intrinsic Value Estimate
Aug 25Here's Why Wipro (NSE:WIPRO) Has Caught The Eye Of Investors
Jun 16Financial Position Analysis
Short Term Liabilities: WIPRO's short term assets (₹650.7B) exceed its short term liabilities (₹252.5B).
Long Term Liabilities: WIPRO's short term assets (₹650.7B) exceed its long term liabilities (₹148.8B).
Debt to Equity History and Analysis
Debt Level: WIPRO has more cash than its total debt.
Reducing Debt: WIPRO's debt to equity ratio has increased from 17.1% to 18.8% over the past 5 years.
Debt Coverage: WIPRO's debt is well covered by operating cash flow (124.6%).
Interest Coverage: WIPRO earns more interest than it pays, so coverage of interest payments is not a concern.