Westpac Banking Corporation (WBCPI) - Cash Flow Conversion Efficiency
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) by net assets (AU$70.33 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
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. Explore and compare other companies by cash flow conversion efficiency.
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 |
|---|---|
|
Philip Morris International Inc
NYSE:PM
|
-0.587x |
|
RTX Corporation
NEO:RTX
|
N/A |
|
Wells Fargo & Company
NYSE:WFC
|
-0.005x |
|
Roche Holding AG
SW:ROP
|
0.296x |
|
Novartis AG
SW:NOVN
|
0.046x |
|
China Construction Bank Corporation
F:C6T
|
0.077x |
|
Royal Bank of Canada
NYSE:RY
|
0.271x |
|
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.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-09-30 | AU$72.05 Billion | AU$-19.77 Billion | -0.274x | -84.33% |
| 2023-09-30 | AU$72.54 Billion | AU$-10.80 Billion | -0.149x | -161.90% |
| 2022-09-30 | AU$70.51 Billion | AU$16.95 Billion | 0.240x | +3.97% |
| 2021-09-30 | AU$72.09 Billion | AU$16.67 Billion | 0.231x | -47.06% |
| 2020-09-30 | AU$68.07 Billion | AU$29.74 Billion | 0.437x | +377.71% |
| 2019-09-30 | AU$65.51 Billion | AU$5.99 Billion | 0.091x | +242.03% |
| 2018-09-30 | AU$64.57 Billion | AU$-4.16 Billion | -0.064x | +80.47% |
| 2017-09-30 | AU$61.34 Billion | AU$-20.23 Billion | -0.330x | -448.60% |
| 2016-09-30 | AU$58.12 Billion | AU$5.50 Billion | 0.095x | -- |
About Westpac Banking Corporation
Westpac Banking Corporation provides various banking and financial services in Australia, New Zealand, and internationally. The company operates through Consumer, Business, Consumer and Business Banking, Westpac Institutional Bank, Specialist Businesses, and Westpac New Zealand segments. It offers savings, term deposit, business transaction, not-for-profit transaction, foreign currency, farm mana… Read more