Westpac Banking Corporation

Westpac Banking Corporationverified

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

The Current Ratio as of December 2024 (TTM) for Westpac Banking Corporation (WBC.AX) is 0.37

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.

Westpac Banking Corporation (WBC.AX) Historical Current Ratio (quarterly & annually)

How has WBC.AX Current Ratio performed in the past?

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.

Quarterly (TTM)
Annual

Average

13.97

Median

6.75

Minimum

0.37

Maximum

40.59

Westpac Banking Corporation (WBC.AX) Current Ratio by Quarter and Year

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

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.37-98.18%
202320.16-48.91%
202239.46-2.79%
202140.59168.52%
202015.12144.23%
20196.19-15.28%
20187.3148.83%
20174.9160.55%
20163.0620.39%
20152.54-47.24%

Westpac Banking Corporation (WBC.AX) Average Current Ratio

How has WBC.AX Current Ratio performed in the past?

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 (WBC.AX) Current Ratio vs. Peers

How is WBC.AX’s Current Ratio compared to its peers?

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),

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Frequently asked questions❓

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