Westpac Banking Corporation (WBCPI) - Cash Flow Conversion Efficiency

Latest as of March 2022: -0.066x

Based on the latest financial reports, Westpac Banking Corporation (WBCPI) has a cash flow conversion efficiency ratio of -0.066x as of March 2022. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (AU$-4.65 Billion ≈ $-3.29 Billion USD) by net assets (AU$70.33 Billion ≈ $49.77 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See WBCPI equity financing ratio to measure how much of total assets are equity-financed.

Westpac Banking Corporation - Cash Flow Conversion Efficiency Trend (2016–2024)

This chart illustrates how Westpac Banking Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is Westpac Banking Corporation's earnings quality to evaluate the quality of earnings relative to operating cash generation.

Westpac Banking Corporation Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Westpac Banking Corporation ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
RTX Corporation NYSE:RTX	0.027x
China Construction Bank Corporation F:C6T	0.158x
Roche Holding AG SW:ROP	0.296x
Wells Fargo & Company NYSE:WFC	0.051x
Kweichow Moutai Co Ltd SHG:600519	0.095x
Contemporary Amperex Technology Co Ltd Class A SHE:300750	0.133x
Shell PLC ADR NYSE:SHEL	0.031x
Goldman Sachs Group Inc NYSE:GS	-0.130x

Annual Cash Flow Conversion Efficiency for Westpac Banking Corporation (2016–2024)

The table below shows the annual cash flow conversion efficiency of Westpac Banking Corporation from 2016 to 2024. For the full company profile with market capitalisation and key ratios, see WBCPI market cap overview.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-09-30	AU$72.05 Billion ≈ $50.98 Billion	AU$-19.77 Billion ≈ $-13.99 Billion	-0.274x	-84.33%
2023-09-30	AU$72.54 Billion ≈ $51.33 Billion	AU$-10.80 Billion ≈ $-7.64 Billion	-0.149x	-161.90%
2022-09-30	AU$70.51 Billion ≈ $49.89 Billion	AU$16.95 Billion ≈ $12.00 Billion	0.240x	+3.97%
2021-09-30	AU$72.09 Billion ≈ $51.01 Billion	AU$16.67 Billion ≈ $11.80 Billion	0.231x	-47.06%
2020-09-30	AU$68.07 Billion ≈ $48.17 Billion	AU$29.74 Billion ≈ $21.04 Billion	0.437x	+377.71%
2019-09-30	AU$65.51 Billion ≈ $46.35 Billion	AU$5.99 Billion ≈ $4.24 Billion	0.091x	+242.03%
2018-09-30	AU$64.57 Billion ≈ $45.69 Billion	AU$-4.16 Billion ≈ $-2.94 Billion	-0.064x	+80.47%
2017-09-30	AU$61.34 Billion ≈ $43.40 Billion	AU$-20.23 Billion ≈ $-14.31 Billion	-0.330x	-448.60%
2016-09-30	AU$58.12 Billion ≈ $41.12 Billion	AU$5.50 Billion ≈ $3.89 Billion	0.095x	--

About Westpac Banking Corporation

AU:WBCPI Australia Banks - Diversified

Market Cap

$243.39 Billion

AU$343.98 Billion AUD

Market Cap Rank

#76 Global

#1 in Australia

Share Price

AU$100.32

Change (1 day)

+0.00%

52-Week Range

AU$100.32 - AU$100.32

All Time High

AU$100.32