Westpac Banking Corporation (WBC) — Net Asset Quality Index
Westpac Banking Corporation (WBC) has a Net Asset Quality Index of 6.1% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of AU$1.17 Trillion minus total liabilities of AU$1.10 Trillion yields net assets of AU$71.07 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check WBC financial resilience to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Westpac Banking Corporation Net Asset Quality Index Over Time (1990–2025)
This chart shows how Westpac Banking Corporation's Net Asset Quality Index has evolved across 43 annual periods from 1990 to 2025. As of March 2026, the index stands at 6.1%, representing net assets of AU$71.07 Billion against total assets of AU$1.17 Trillion AUD. See Westpac Banking Corporation short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Westpac Banking Corporation (1990–2025)
The table below presents the year-by-year Net Asset Quality Index for Westpac Banking Corporation from 1990 to 2025, covering 43 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see WBC company net worth.
| Year | Quality Index | Net Assets (AUD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 6.5% | AU$73.09 Billion | AU$1.13 Trillion | AU$1.05 Trillion | ▼ -0.2 pp |
| 2024 | 6.7% | AU$72.05 Billion | AU$1.08 Trillion | AU$1.01 Trillion | ▼ -0.4 pp |
| 2023 | 7.0% | AU$72.54 Billion | AU$1.03 Trillion | AU$957.24 Billion | ▲ +0.1 pp |
| 2022 | 7.0% | AU$70.51 Billion | AU$1.01 Trillion | AU$943.69 Billion | ▼ -0.8 pp |
| 2021 | 7.7% | AU$72.09 Billion | AU$935.88 Billion | AU$863.78 Billion | ▲ +0.2 pp |
| 2020 | 7.5% | AU$68.07 Billion | AU$911.95 Billion | AU$843.87 Billion | ▲ +0.2 pp |
| 2019 | 7.2% | AU$65.51 Billion | AU$906.63 Billion | AU$841.12 Billion | ▼ -0.1 pp |
| 2018 | 7.3% | AU$64.57 Billion | AU$879.59 Billion | AU$815.02 Billion | ▼ -1.7 pp |
| 2017 | 9.1% | AU$77.39 Billion | AU$851.73 Billion | AU$774.34 Billion | ▲ +3.0 pp |
| 2017 | 6.1% | AU$57.27 Billion | AU$940.85 Billion | AU$883.58 Billion | ▼ -1.1 pp |
| 2017 | 7.2% | AU$61.34 Billion | AU$851.88 Billion | AU$790.53 Billion | ▼ -2.1 pp |
| 2016 | 9.3% | AU$76.05 Billion | AU$814.95 Billion | AU$738.90 Billion | ▲ +3.3 pp |
| 2016 | 6.0% | AU$52.99 Billion | AU$880.62 Billion | AU$827.64 Billion | ▼ -0.9 pp |
| 2016 | 6.9% | AU$58.18 Billion | AU$839.20 Billion | AU$781.02 Billion | ▼ -2.6 pp |
| 2015 | 9.5% | AU$75.18 Billion | AU$787.47 Billion | AU$712.28 Billion | ▲ +3.8 pp |
| 2015 | 5.8% | AU$47.50 Billion | AU$821.04 Billion | AU$773.54 Billion | ▼ -0.9 pp |
| 2015 | 6.6% | AU$53.91 Billion | AU$812.16 Billion | AU$758.24 Billion | ▼ -2.2 pp |
| 2014 | 8.8% | AU$70.90 Billion | AU$801.51 Billion | AU$730.61 Billion | ▲ +2.4 pp |
| 2014 | 6.4% | AU$49.34 Billion | AU$770.84 Billion | AU$721.50 Billion | ▼ -0.4 pp |
| 2013 | 6.8% | AU$47.54 Billion | AU$701.10 Billion | AU$653.56 Billion | ▼ -3.0 pp |
| 2012 | 9.8% | AU$65.91 Billion | AU$674.97 Billion | AU$609.06 Billion | ▲ +3.2 pp |
| 2011 | 6.5% | AU$43.81 Billion | AU$670.23 Billion | AU$626.42 Billion | ▲ +0.0 pp |
| 2010 | 6.5% | AU$40.12 Billion | AU$618.28 Billion | AU$578.16 Billion | ▲ +0.3 pp |
| 2009 | 6.2% | AU$36.57 Billion | AU$589.59 Billion | AU$553.02 Billion | ▲ +1.7 pp |
| 2008 | 4.5% | AU$19.77 Billion | AU$439.55 Billion | AU$419.78 Billion | ▼ -0.3 pp |
| 2007 | 4.8% | AU$17.83 Billion | AU$374.82 Billion | AU$356.99 Billion | ▼ -0.6 pp |
| 2006 | 5.4% | AU$16.10 Billion | AU$299.58 Billion | AU$283.48 Billion | ▼ -1.3 pp |
| 2005 | 6.6% | AU$17.24 Billion | AU$260.15 Billion | AU$242.91 Billion | ▼ 0.0 pp |
| 2004 | 6.7% | AU$16.31 Billion | AU$244.99 Billion | AU$228.68 Billion | ▲ +0.3 pp |
| 2003 | 6.3% | AU$14.00 Billion | AU$221.37 Billion | AU$207.37 Billion | ▲ +0.8 pp |
| 2002 | 5.5% | AU$10.47 Billion | AU$191.05 Billion | AU$180.59 Billion | ▲ +0.4 pp |
| 2001 | 5.1% | AU$9.71 Billion | AU$189.88 Billion | AU$180.18 Billion | ▼ -0.4 pp |
| 2000 | 5.5% | AU$9.26 Billion | AU$167.62 Billion | AU$158.36 Billion | ▼ -0.9 pp |
| 1999 | 6.4% | AU$9.00 Billion | AU$140.25 Billion | AU$131.25 Billion | ▲ +0.1 pp |
| 1998 | 6.3% | AU$8.62 Billion | AU$137.43 Billion | AU$128.82 Billion | ▼ -0.6 pp |
| 1997 | 6.9% | AU$8.20 Billion | AU$118.85 Billion | AU$110.65 Billion | ▲ +0.4 pp |
| 1996 | 6.5% | AU$7.91 Billion | AU$121.84 Billion | AU$113.92 Billion | ▼ -0.7 pp |
| 1995 | 7.2% | AU$7.58 Billion | AU$105.78 Billion | AU$98.20 Billion | ▼ -0.6 pp |
| 1994 | 7.8% | AU$7.30 Billion | AU$93.85 Billion | AU$86.55 Billion | ▲ +1.0 pp |
| 1993 | 6.8% | AU$7.15 Billion | AU$105.02 Billion | AU$97.87 Billion | ▲ +0.8 pp |
| 1992 | 6.0% | AU$6.65 Billion | AU$110.45 Billion | AU$103.81 Billion | ▼ -0.8 pp |
| 1991 | 6.8% | AU$7.25 Billion | AU$106.10 Billion | AU$98.85 Billion | ▲ +0.4 pp |
| 1990 | 6.4% | AU$6.88 Billion | AU$107.16 Billion | AU$100.28 Billion | — |