Westpac Banking Corporation (WBC) — Financial Flexibility Index
Westpac Banking Corporation (WBC) has a Financial Flexibility Index of 0.01x as of March 2026. Free cash flow of AU$11.27 Billion (operating CF AU$11.15 Billion minus capex AU$115.00 Million) represents 0% of total liabilities (AU$1.10 Trillion). Check asset allocation strategy of Westpac Banking Corporation to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Westpac Banking Corporation Financial Flexibility Index (1990–2025)
Historical Financial Flexibility Index trend for Westpac Banking Corporation across 42 annual periods. See Westpac Banking Corporation short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Westpac Banking Corporation (1990–2025)
Year-by-year free cash flow to debt coverage for Westpac Banking Corporation. For the full company profile including market capitalisation, see how much is Westpac Banking Corporation worth.
| Year | Flexibility Index | Free Cash Flow (AUD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.01x | AU$14.30 Billion | AU$13.93 Billion | AU$1.05 Trillion | ▲ +2055.2% |
| 2024 | 0.00x | AU$-698.00 Million | AU$-933.00 Million | AU$1.01 Trillion | ▲ +98.1% |
| 2023 | -0.04x | AU$-35.25 Billion | AU$-35.49 Billion | AU$957.24 Billion | ▼ -93.8% |
| 2022 | -0.02x | AU$-17.93 Billion | AU$-18.10 Billion | AU$943.69 Billion | ▼ -197.1% |
| 2021 | 0.02x | AU$16.91 Billion | AU$16.67 Billion | AU$863.78 Billion | ▼ -44.9% |
| 2020 | 0.04x | AU$29.98 Billion | AU$29.74 Billion | AU$843.87 Billion | ▲ +376.5% |
| 2019 | 0.01x | AU$6.27 Billion | AU$5.99 Billion | AU$841.12 Billion | ▲ +257.9% |
| 2018 | 0.00x | AU$-3.85 Billion | AU$-4.16 Billion | AU$815.02 Billion | ▼ -27.1% |
| 2017 | 0.00x | AU$-2.88 Billion | AU$-4.50 Billion | AU$774.34 Billion | ▼ -110.8% |
| 2017 | 0.03x | AU$30.32 Billion | AU$29.27 Billion | AU$883.58 Billion | ▲ +235.9% |
| 2017 | -0.03x | AU$-19.96 Billion | AU$-20.23 Billion | AU$790.53 Billion | ▼ -380.2% |
| 2016 | 0.01x | AU$6.66 Billion | AU$5.38 Billion | AU$738.90 Billion | ▼ -64.4% |
| 2016 | 0.03x | AU$20.98 Billion | AU$20.04 Billion | AU$827.64 Billion | ▲ +160.4% |
| 2016 | -0.04x | AU$-32.75 Billion | AU$-33.27 Billion | AU$781.02 Billion | ▼ -866.7% |
| 2015 | 0.00x | AU$-3.09 Billion | AU$-4.46 Billion | AU$712.28 Billion | ▼ -117.2% |
| 2015 | 0.03x | AU$19.48 Billion | AU$18.46 Billion | AU$773.54 Billion | ▲ +327.6% |
| 2015 | -0.01x | AU$-8.39 Billion | AU$-9.07 Billion | AU$758.24 Billion | ▼ -489.0% |
| 2014 | 0.00x | AU$2.08 Billion | AU$1.09 Billion | AU$730.61 Billion | ▲ +138.4% |
| 2014 | -0.01x | AU$-5.34 Billion | AU$-5.86 Billion | AU$721.50 Billion | ▼ -229.8% |
| 2013 | 0.01x | AU$3.73 Billion | AU$3.42 Billion | AU$653.56 Billion | ▲ +132.8% |
| 2012 | -0.02x | AU$-10.58 Billion | AU$-10.84 Billion | AU$609.06 Billion | ▼ -0.1% |
| 2011 | -0.02x | AU$-10.87 Billion | AU$-12.01 Billion | AU$626.42 Billion | ▼ -847.6% |
| 2010 | 0.00x | AU$1.34 Billion | AU$468.00 Million | AU$578.16 Billion | ▼ -94.0% |
| 2009 | 0.04x | AU$21.34 Billion | AU$20.76 Billion | AU$553.02 Billion | ▲ +258.5% |
| 2008 | -0.02x | AU$-10.22 Billion | AU$-10.73 Billion | AU$419.78 Billion | ▼ -890.9% |
| 2007 | 0.00x | AU$-877.00 Million | AU$-1.27 Billion | AU$356.99 Billion | ▼ -19.5% |
| 2006 | 0.00x | AU$-583.00 Million | AU$-1.03 Billion | AU$283.48 Billion | ▼ -110.2% |
| 2005 | 0.02x | AU$4.91 Billion | AU$4.57 Billion | AU$242.91 Billion | ▼ -20.0% |
| 2004 | 0.03x | AU$5.78 Billion | AU$5.49 Billion | AU$228.68 Billion | ▼ -18.4% |
| 2003 | 0.03x | AU$6.42 Billion | AU$6.09 Billion | AU$207.37 Billion | ▲ +38.0% |
| 2002 | 0.02x | AU$4.05 Billion | AU$3.77 Billion | AU$180.59 Billion | ▲ +2.3% |
| 2001 | 0.02x | AU$3.95 Billion | AU$3.65 Billion | AU$180.18 Billion | ▲ +34.1% |
| 2000 | 0.02x | AU$2.59 Billion | AU$2.17 Billion | AU$158.36 Billion | ▲ +148.5% |
| 1999 | 0.01x | AU$863.21 Million | AU$501.19 Million | AU$131.25 Billion | ▼ -64.5% |
| 1998 | 0.02x | AU$2.39 Billion | AU$1.99 Billion | AU$128.82 Billion | ▲ +535.6% |
| 1997 | 0.00x | AU$322.72 Million | AU$4.96 Million | AU$110.65 Billion | ▼ -70.7% |
| 1996 | 0.01x | AU$1.13 Billion | AU$1.13 Billion | AU$113.92 Billion | ▼ -73.0% |
| 1994 | 0.04x | AU$3.19 Billion | AU$3.05 Billion | AU$86.55 Billion | ▲ +204.4% |
| 1993 | 0.01x | AU$1.19 Billion | AU$1.08 Billion | AU$97.87 Billion | ▼ -49.8% |
| 1992 | 0.02x | AU$2.50 Billion | AU$2.39 Billion | AU$103.81 Billion | ▲ +399.7% |
| 1991 | 0.00x | AU$476.71 Million | AU$476.71 Million | AU$98.85 Billion | ▼ -88.0% |
| 1990 | 0.04x | AU$4.03 Billion | AU$3.46 Billion | AU$100.28 Billion | — |