Westpac Banking Corporation (WBCPI) — Defensive Interval Ratio

Latest as of March 2022: 0 days

Westpac Banking Corporation (WBCPI) has a Defensive Interval Ratio of 0 days as of March 2022. Defensive assets of AU$214.00 Million (cash AU$-, short-term investments AU$-, receivables AU$214.00 Million) cover 0 days of daily cash needs of AU$1.85 Billion/day. See WBCPI net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

0 days
Days of operational coverage

Defensive Assets

AU$214.00 Million
Cash + ST Investments + Receivables

Daily Cash Need

AU$1.85 Billion
Current Liabilities ÷ 365

Current Liabilities

AU$674.44 Billion
AUD

Westpac Banking Corporation Defensive Interval Ratio (2017–2021)

This chart shows how Westpac Banking Corporation's Defensive Interval Ratio has evolved across 5 annual periods from 2017 to 2021. As of March 2022, the ratio stands at 0 days, meaning defensive assets of AU$214.00 Million can fund 0 days of operations without new revenue. See WBCPI equity financing ratio to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Westpac Banking Corporation (2017–2021)

The table below presents the year-by-year Defensive Interval Ratio for Westpac Banking Corporation from 2017 to 2021, covering 5 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 stock valuation.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2021 41 days AU$83.78 Billion AU$2.03 Billion/day AU$- AU$82.48 Billion ▼ -7 days
2020 48 days AU$92.45 Billion AU$1.93 Billion/day AU$- AU$90.56 Billion ▲ +8 days
2019 40 days AU$73.74 Billion AU$1.84 Billion/day AU$- AU$72.58 Billion ▲ +6 days
2018 34 days AU$62.30 Billion AU$1.81 Billion/day AU$- AU$61.12 Billion ▼ -1 days
2017 35 days AU$62.06 Billion AU$1.76 Billion/day AU$- AU$60.71 Billion
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)