WBC.AX
Price:
$32.55
Market Cap:
$111.72B
Westpac Banking Corporation provides various banking and financial services in Australia, New Zealand, and internationally. It offers savings, term deposit, business transaction, not-for-profit transaction, foreign currency, farm management deposit, project and retention trust, and statutory trust accounts; home, personal, business, and commercial loans; car and equipment finance; business overdrafts and bank guarantees; debit and credit cards; international and travel services; share trading services; investment products; and home, car, travel, life, caravan and trailer, credit card and loan repayment, boat, and business insurance products. The company also provides corporate and institutio...[Read more]
Industry
Banks - Diversified
IPO Date
1988-01-31
Stock Exchange
ASX
Ticker
WBC.AX
According to Westpac Banking Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0.37. This represents a change of -99.01% compared to the average of 37.02 of the last 4 quarters.
The mean historical Current Ratio of Westpac Banking Corporation over the last ten years is 13.97. The current 0.37 Current Ratio has changed 162.96% with respect to the historical average. Over the past ten years (40 quarters), WBC.AX's Current Ratio was at its highest in in the December 2022 quarter at 249.76. The Current Ratio was at its lowest in in the December 2014 quarter at 0.
Average
13.97
Median
6.75
Minimum
0.37
Maximum
40.59
Discovering the peaks and valleys of Westpac Banking Corporation 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 = 168.52%
Maximum Annual Current Ratio = 40.59
Minimum Annual Increase = -98.18%
Minimum Annual Current Ratio = 0.37
Year | Current Ratio | Change |
---|---|---|
2024 | 0.37 | -98.18% |
2023 | 20.16 | -48.91% |
2022 | 39.46 | -2.79% |
2021 | 40.59 | 168.52% |
2020 | 15.12 | 144.23% |
2019 | 6.19 | -15.28% |
2018 | 7.31 | 48.83% |
2017 | 4.91 | 60.55% |
2016 | 3.06 | 20.39% |
2015 | 2.54 | -47.24% |
The current Current Ratio of Westpac Banking Corporation (WBC.AX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
19.99
5-year avg
23.14
10-year avg
13.97
Westpac Banking Corporation’s Current Ratio is greater than ANZ Group Holdings Limited (0), less than Wesfarmers Limited (1.14), less than Rio Tinto Group (1.70), less than Macquarie Group Limited (4.09), less than CSL Limited (2.18),
Company | Current Ratio | Market cap |
---|---|---|
0 | $85.57B | |
1.14 | $82.18B | |
1.70 | $162.95B | |
4.09 | $81.50B | |
2.18 | $137.06B |
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What is the Current Ratio?
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What is Westpac Banking Corporation's Current Ratio?
How is the Current Ratio calculated for Westpac Banking Corporation (WBC.AX)?
What is the highest Current Ratio for Westpac Banking Corporation (WBC.AX)?
What is the 3-year average Current Ratio for Westpac Banking Corporation (WBC.AX)?
What is the 5-year average Current Ratio for Westpac Banking Corporation (WBC.AX)?
How does the current Current Ratio for Westpac Banking Corporation (WBC.AX) compare to its historical average?