Westpac Banking Corporation (WBCPI) — Cash Flow Quality Index
Westpac Banking Corporation (WBCPI) has a Cash Flow Quality Index of -2.83x as of March 2022. Operating cash flow of AU$-4.65 Billion is below net income of AU$1.64 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore WBCPI debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Westpac Banking Corporation Cash Flow Quality Index (2017–2024)
Historical Cash Flow Quality Index for Westpac Banking Corporation across 8 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see WBCPI cash generation efficiency.
Annual Cash Flow Quality Index for Westpac Banking Corporation (2017–2024)
Year-by-year earnings quality comparison for Westpac Banking Corporation.
| Year | Quality Index | Operating CF (AUD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | -2.83x | AU$-19.77 Billion | AU$6.99 Billion | ▼ -88.5% |
| 2023 | -1.50x | AU$-10.80 Billion | AU$7.20 Billion | ▼ -150.4% |
| 2022 | 2.98x | AU$16.95 Billion | AU$5.69 Billion | ▼ -2.5% |
| 2021 | 3.05x | AU$16.67 Billion | AU$5.46 Billion | ▼ -76.5% |
| 2020 | 12.99x | AU$29.74 Billion | AU$2.29 Billion | ▲ +1370.6% |
| 2019 | 0.88x | AU$5.99 Billion | AU$6.78 Billion | ▲ +271.9% |
| 2018 | -0.51x | AU$-4.16 Billion | AU$8.10 Billion | ▲ +79.7% |
| 2017 | -2.53x | AU$-20.23 Billion | AU$7.99 Billion | — |