Wipro Limited

Wipro Limitedverified

WIT

Price:

$5.535

Market Cap:

$2.42T

Wipro Limited operates as information technology (IT), consulting, and business process services company worldwide. It operates through three segments: IT Services, IT Products, and India State Run Enterprise Services (ISRE). The IT Services segment offers IT and IT-enabled services, including digital strategy advisory, customer-centric design, technology and IT consulting, custom application design, development, re-engineering and maintenance, systems integration, package implementation, cloud and infrastructure, business process, cloud, mobility and analytics, research and development, and hardware and software design services to enterprises. It serves customers in various industry sectors...[Read more]

Industry

Information Technology Services

IPO Date

2000-10-19

Stock Exchange

NYSE

Ticker

WIT

The Current Ratio as of June 2024 (TTM) for Wipro Limited (WIT) is 2.58

According to Wipro Limited’s latest financial reports and current stock price. The company's current Current Ratio is 2.58. This represents a change of 14.42% compared to the average of 2.25 of the last 4 quarters.

Wipro Limited (WIT) Historical Current Ratio (quarterly & annually)

How has WIT Current Ratio performed in the past?

The mean historical Current Ratio of Wipro Limited over the last ten years is 2.41. The current 2.58 Current Ratio has changed 10.60% with respect to the historical average. Over the past ten years (40 quarters), WIT's Current Ratio was at its highest in in the December 2018 quarter at 2.79. The Current Ratio was at its lowest in in the June 2023 quarter at 1.72.

Quarterly (TTM)
Annual

Average

2.41

Median

2.39

Minimum

2.01

Maximum

2.67

Wipro Limited (WIT) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Wipro Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 22.64%

Maximum Annual Current Ratio = 2.67

Minimum Annual Increase = -13.07%

Minimum Annual Current Ratio = 2.01

Quarterly (TTM)
Annual
YearCurrent RatioChange
20242.584.38%
20232.4722.64%
20222.01-11.48%
20212.27-5.33%
20202.40-9.96%
20192.6712.55%
20182.370.98%
20172.351.49%
20162.31-13.07%
20152.662.38%

Wipro Limited (WIT) Average Current Ratio

How has WIT Current Ratio performed in the past?

The current Current Ratio of Wipro Limited (WIT) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

2.35

5-year avg

2.35

10-year avg

2.41

Wipro Limited (WIT) Current Ratio vs. Peers

How is WIT’s Current Ratio compared to its peers?

Wipro Limited’s Current Ratio is greater than Cognizant Technology Solutions Corporation (2.35), greater than Accenture plc (1.26), greater than Fiserv, Inc. (1.06), greater than Gartner, Inc. (0.82), greater than Infosys Limited (2.29), greater than Broadridge Financial Solutions, Inc. (1.39), greater than CDW Corporation (1.26), greater than WNS (Holdings) Limited (1.71), less than TaskUs, Inc. (3.36), greater than Genpact Limited (1.54), greater than TTEC Holdings, Inc. (1.61), greater than ASGN Incorporated (2.51), greater than ExlService Holdings, Inc. (2.53), less than Thoughtworks Holding, Inc. (2.87), greater than CACI International Inc (1.28), greater than Chindata Group Holdings Limited (1.99), greater than Clarivate Plc (0.86),

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