Wipro (WIT) Debt Ratio (2017 - 2025)
Wipro (WIT) has disclosed Debt Ratio for 8 consecutive years, with 0.07 as the latest value for Q1 2024.
- On a quarterly basis, Debt Ratio fell 97.84% to 0.07 in Q1 2024 year-over-year; TTM through Mar 2024 was 0.07, a 97.84% decrease, with the full-year FY2024 number at 0.07, down 97.84% from a year prior.
- Debt Ratio was 0.07 for Q1 2024 at Wipro, down from 3.39 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 7.99 in Q1 2020 to a low of 0.07 in Q1 2024.
- A 5-year average of 3.16 and a median of 3.39 in 2023 define the central range for Debt Ratio.
- Peak YoY movement for Debt Ratio: skyrocketed 22852.3% in 2020, then tumbled 97.84% in 2024.
- Wipro's Debt Ratio stood at 7.99 in 2020, then plummeted by 89.08% to 0.87 in 2021, then skyrocketed by 296.4% to 3.46 in 2022, then decreased by 2.17% to 3.39 in 2023, then crashed by 97.84% to 0.07 in 2024.
- Per Business Quant, the three most recent readings for WIT's Debt Ratio are 0.07 (Q1 2024), 3.39 (Q1 2023), and 3.46 (Q1 2022).