How much debt does Wipro have?
According to Wipro's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Wipro's total debt stands at $164.65B. This is broken down into:
- Long-term debt: $76.26B
- Short-term debt: $88.39B
The company's net debt, which accounts for cash and cash equivalents, is $67.70B. In terms of overall financial obligations, Wipro's total liabilities amount to $401.24B.
Debt Ratios and Metrics
To better understand Wipro's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.22 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 14.29% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 10.79 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 7.67% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 18.00% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Wipro's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$164.65B
Long-term Debt
$76.26B
Short-term Debt
$88.39B
Net Debt
$67.70B
Total Liabilities
$401.24B
Interest Coverage
10.79
Debt to Equity Ratio
0.22
Debt Ratio
14.29%
Wipro Historical Debt Metrics
Wipro Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2023.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $164.65B | $76.26B | $88.39B | $67.70B | $401.24B | 0.22 | 14.29% | 10.79 | 7.67% | 18.00% |
| 2022 | $174.67B | $77.22B | $97.44B | $82.79B | $394.07B | 0.22 | 14.85% | 13.85 | 7.27% | 18.27% |
| 2021 | $175.93B | $71.64B | $104.29B | $72.09B | $420.51B | 0.27 | 16.30% | 26.34 | 7.90% | 21.09% |
| 2020 | $104.51B | $20.97B | $83.54B | $-65.28B | $276.84B | 0.19 | 12.57% | 24.18 | 1.33% | 15.89% |
| 2019 | $97.24B | $17.48B | $79.76B | $-47.26B | $257.73B | 0.17 | 11.90% | 20.59 | 0.86% | 14.85% |
| 2018 | $99.47B | $15.26B | $71.10B | $-59.06B | $262.42B | 0.18 | 11.94% | 17.79 | 4.76% | 14.90% |
| 2017 | $138.26B | $46.99B | $92.99B | $93.33B | $275.29B | 0.29 | 18.18% | 24.43 | 8.57% | 22.26% |
| 2016 | $142.41B | $21.33B | $122.80B | $89.70B | $270.82B | 0.27 | 17.95% | 49.00 | 3.63% | 21.49% |
| 2015 | $125.22B | $22.02B | $107.86B | $26.17B | $256.62B | 0.27 | 17.27% | 68.81 | 3.59% | 21.18% |
| 2014 | $78.91B | $12.71B | $66.21B | $-80.03B | $190.41B | 0.19 | 13.15% | 26.51 | 3.02% | 16.21% |
Related Metrics
Explore detailed financial metrics and analysis for WIPRO.NS.