Westpac Banking Corporation Financial Flexibility Index
Westpac Banking Corporation 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). See WBC free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Westpac Banking Corporation (1990–2025)
Financial flexibility index of Westpac Banking Corporation from 1990 to 2025. Historical Financial Flexibility Index trend for Westpac Banking Corporation across 42 annual periods. Check Westpac Banking Corporation (WBC) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
Westpac Banking Corporation Financial Flexibility Index by Year (1990–2025)
Westpac Banking Corporation financial flexibility index by year from 1990 to 2025. Year-by-year free cash flow to debt coverage for Westpac Banking Corporation. For the full cash flow conversion analysis, see cash efficiency ratio of Westpac Banking Corporation.
| 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 | — |