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 ≈ $-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 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
China Construction Bank Corporation
F:C6T
|
0.158x |
|
Qualcomm Incorporated
NASDAQ:QCOM
|
0.090x |
|
Roche Holding AG
SW:ROP
|
0.296x |
|
AstraZeneca PLC
F:ZEGA
|
0.112x |
|
KLA Corporation
NASDAQ:KLAC
|
0.121x |
|
Shell PLC ADR
NYSE:SHEL
|
0.031x |
|
Goldman Sachs Group Inc
NYSE:GS
|
-0.130x |
|
CHINA CON.BANK ADR/20 YC1
F:C6TB
|
0.158x |
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 company net worth.
| 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