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
Wipro: Fade The IT Services Bounce
Sep 05Wipro: Focus On Peer's Performance And Long-Term Potential
Apr 03Wipro: On The Recovery Path
Jan 15Wipro Gains Large Clients Despite Tough Demand Environment
Oct 31Wipro: Growth In The AI Digital Age
Aug 25Wipro Faces Soft Client Discretionary Spending Amid Macro Uncertainties
Jun 28Wipro goes ex dividend tomorrow
Jan 23Wipro Q3 2023 Earnings Preview
Jan 12Wipro to enable application transformation for Mazda Europe
Dec 15Wipro to launch dedicated VMware-focused business unit
Nov 08Wipro appoints Suzanne Dann as CEO for Americas 2 Strategic Market Unit
Oct 20Wipro Q2 2023 Earnings Preview
Oct 11Wipro: Results Fall Short Again As Profit Outlook Remains Bleak
Jul 27Wipro Q1 2023 Earnings Preview
Jul 19Wipro: Valuation Discount Warranted Amid Slowing Growth
May 10Financial Position Analysis
Short Term Liabilities: WIT's short term assets (₹756.4B) exceed its short term liabilities (₹280.9B).
Long Term Liabilities: WIT's short term assets (₹756.4B) exceed its long term liabilities (₹159.1B).
Debt to Equity History and Analysis
Debt Level: WIT has more cash than its total debt.
Reducing Debt: WIT's debt to equity ratio has increased from 18.3% to 20.2% over the past 5 years.
Debt Coverage: WIT's debt is well covered by operating cash flow (110.2%).
Interest Coverage: WIT earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 04:46 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Wipro Limited is covered by 93 analysts. 38 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ashwin Mehta | Ambit Capital |
| Mohit Jain | Anand Rathi Shares and Stock Brokers Limited |
| Hitesh Agrawal | Angel Broking Private Limited |