Westpac Banking Corporation Cash Flow Conversion Efficiency
Westpac Banking Corporation 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 ≈ $-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.
Cash Flow Conversion Efficiency of Westpac Banking Corporation (2016–2024)
Cash flow conversion efficiency of Westpac Banking Corporation from 2016 to 2024. This chart illustrates how Westpac Banking Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. View current stock price of Westpac Banking Corporation for real-time trading data and today's change.
Westpac Banking Corporation Cash Flow Conversion Ratio Explained
Westpac Banking Corporation cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see market cap of Westpac Banking Corporation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Texas Instruments Incorporated
NASDAQ:TXN
|
0.150x |
|
AstraZeneca PLC
NYSE:AZN
|
0.057x |
|
GE Vernova LLC
NYSE:GEV
|
0.344x |
|
Toyota Motor Corporation
MX:TMN
|
0.014x |
|
Bank of China Limited
SHG:601988
|
0.099x |
|
Shell PLC ADR
NYSE:SHEL
|
0.118x |
|
CHINA CON.BANK ADR/20 YC1
F:C6TB
|
0.158x |
|
LVMH Moët Hennessy - Louis Vuitton Société Européenne
PA:MC
|
0.118x |
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. Review WBCPI cash flow after capex ratio to assess how much free cash flow the company generates relative to operating cash flow.
| 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
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