Current Ratio
Higher than 56% of Technology sector peers
Updated 7h ago
Sector Performance
56th percentileWIT
2.05x
Sector Median
1.95x
Sector Avg
10.71x
Deep Analysis
A company’s current ratio measures its ability to pay short-term debts using short-term assets; a current ratio of 2.05x means WIT has $2.05 in current assets for every $1.00 of current liabilities, indicating sufficient liquidity.
Among Technology sector peers, WIT’s ratio sits just above the sector median of 1.95x, placing it in the 56th percentile — slightly more liquid than about half of its competitors. Because the year-over-year change and quarter-over-quarter change are both reported as N/A, no trend can be derived from this single data point. With only one observation and no directional movement, the combination of a level that modestly exceeds the sector median offers no clear signal of improving or deteriorating liquidity. This metric alone neither strengthens nor weakens the overall NEUTRAL verdict, as it shows adequate but unexceptional short-term financial health consistent with a hold assessment.
Frequently Asked Questions
What does the Current Ratio tell investors about WIT?
Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.
How is the Current Ratio calculated?
Current Ratio is calculated as: Current Assets / Current Liabilities.
How does WIT's Current Ratio compare to its sector?
WIT's Current Ratio of 2.05x compares to a Technology sector median of 1.95x, placing it in the 56th percentile.
Who are WIT's closest peers by Current Ratio?
The closest Technology peers by Current Ratio include: U (1.95x), GRAB (1.67x), ORCL (1.12x), SAP (1.07x), ADBE (0.91x).
The Formula
Current Assets / Current Liabilities
Why It Matters
Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.
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2.05x
Sector Median
1.95x
Sector Avg
10.71x
How WIT's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.