Westpac Banking Corporation (WBC) — Defensive Interval Ratio
Westpac Banking Corporation (WBC) has a Defensive Interval Ratio of 1 days as of March 2025. Defensive assets of AU$2.10 Billion (cash AU$-, short-term investments AU$-, receivables AU$2.10 Billion) cover 1 days of daily cash needs of AU$2.03 Billion/day. Check Westpac Banking Corporation (WBC) tangible net worth to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Westpac Banking Corporation Defensive Interval Ratio (1996–2024)
This chart shows how Westpac Banking Corporation's Defensive Interval Ratio has evolved across 29 annual periods from 1996 to 2024. As of March 2025, the ratio stands at 1 days, meaning defensive assets of AU$2.10 Billion can fund 1 days of operations without new revenue. Also explore Westpac Banking Corporation equity growth rate to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Westpac Banking Corporation (1996–2024)
The table below presents the year-by-year Defensive Interval Ratio for Westpac Banking Corporation from 1996 to 2024, covering 29 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see Westpac Banking Corporation market cap and net worth.
| Year | DIR (days) | Defensive Assets (AUD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 98 days | AU$105.57 Billion | AU$1.07 Billion/day | AU$- | AU$102.72 Billion | ▼ -5409 days |
| 2023 | 5508 days | AU$76.52 Billion | AU$13.89 Million/day | AU$- | AU$73.89 Billion | ▼ -5134 days |
| 2022 | 10642 days | AU$77.55 Billion | AU$7.29 Million/day | AU$- | AU$75.28 Billion | ▼ -6923 days |
| 2021 | 17565 days | AU$84.07 Billion | AU$4.79 Million/day | AU$- | AU$82.48 Billion | ▲ +343 days |
| 2020 | 17222 days | AU$92.62 Billion | AU$5.38 Million/day | AU$- | AU$90.56 Billion | ▲ +8789 days |
| 2019 | 8433 days | AU$74.88 Billion | AU$8.88 Million/day | AU$- | AU$72.58 Billion | ▲ +2105 days |
| 2018 | 6329 days | AU$63.58 Billion | AU$10.05 Million/day | AU$- | AU$61.12 Billion | ▼ -487 days |
| 2017 | 6816 days | AU$69.99 Billion | AU$10.27 Million/day | AU$- | AU$60.71 Billion | ▼ -664 days |
| 2016 | 7480 days | AU$72.65 Billion | AU$9.71 Million/day | AU$- | AU$60.66 Billion | ▲ +820 days |
| 2015 | 6660 days | AU$66.69 Billion | AU$10.01 Million/day | AU$- | AU$54.83 Billion | ▲ +2566 days |
| 2014 | 4094 days | AU$45.63 Billion | AU$11.15 Million/day | AU$- | AU$36.02 Billion | ▼ -187 days |
| 2013 | 4281 days | AU$48.09 Billion | AU$11.23 Million/day | AU$- | AU$30.01 Billion | ▲ +1008 days |
| 2012 | 3273 days | AU$42.83 Billion | AU$13.09 Million/day | AU$- | AU$24.47 Billion | ▲ +622 days |
| 2011 | 2651 days | AU$34.97 Billion | AU$13.19 Million/day | AU$- | AU$18.07 Billion | ▲ +302 days |
| 2010 | 2349 days | AU$31.53 Billion | AU$13.42 Million/day | AU$- | AU$12.12 Billion | ▲ +2177 days |
| 2009 | 172 days | AU$18.07 Billion | AU$105.06 Million/day | AU$- | AU$1.63 Billion | ▲ +53 days |
| 2008 | 119 days | AU$13.39 Billion | AU$112.59 Million/day | AU$- | AU$1.61 Billion | ▼ -146 days |
| 2007 | 265 days | AU$36.39 Billion | AU$137.38 Million/day | AU$- | AU$2.51 Billion | ▲ +85 days |
| 2006 | 180 days | AU$19.34 Billion | AU$107.36 Million/day | AU$- | AU$969.00 Million | ▼ -73 days |
| 2005 | 253 days | AU$14.34 Billion | AU$56.73 Million/day | AU$- | AU$2.54 Billion | ▼ -49 days |
| 2004 | 301 days | AU$12.84 Billion | AU$42.59 Million/day | AU$- | AU$2.48 Billion | ▲ +111 days |
| 2003 | 191 days | AU$6.32 Billion | AU$33.16 Million/day | AU$- | AU$282.00 Million | ▼ -90 days |
| 2002 | 280 days | AU$6.18 Billion | AU$22.05 Million/day | AU$- | AU$285.00 Million | ▲ +205 days |
| 2001 | 76 days | AU$6.00 Billion | AU$79.11 Million/day | AU$- | AU$283.00 Million | ▼ -177 days |
| 2000 | 253 days | AU$4.19 Billion | AU$16.57 Million/day | AU$- | AU$289.00 Million | ▲ +0 days |
| 1999 | 252 days | AU$4.42 Billion | AU$17.53 Million/day | AU$- | AU$- | ▲ +31 days |
| 1998 | 221 days | AU$3.71 Billion | AU$16.78 Million/day | AU$- | AU$- | ▼ -2051 days |
| 1997 | 2272 days | AU$4.42 Billion | AU$1.95 Million/day | AU$- | AU$- | ▲ +1931 days |
| 1996 | 341 days | AU$6.76 Billion | AU$19.85 Million/day | AU$- | AU$- | — |