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. Check how tangible is Westpac Banking Corporation's equity to evaluate the tangible quality of 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. Also explore Westpac Banking Corporation (WBCPI) equity growth momentum to track the company's year-over-year net asset growth rate.

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 how much is Westpac Banking Corporation worth.

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)