Westpac Banking Corporation (WBCPI) — Net Asset Quality Index

Latest as of March 2025: 6.6%

Westpac Banking Corporation (WBCPI) has a Net Asset Quality Index of 6.6% as of March 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of AU$1.10 Trillion minus total liabilities of AU$1.03 Trillion yields net assets of AU$72.35 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check Westpac Banking Corporation (WBCPI) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Quality Index

6.6%
Equity / Total Assets

Net Assets

AU$72.35 Billion
AUD

Total Assets

AU$1.10 Trillion
AUD

Total Liabilities

AU$1.03 Trillion
AUD

Westpac Banking Corporation Net Asset Quality Index Over Time (2016–2024)

This chart shows how Westpac Banking Corporation's Net Asset Quality Index has evolved across 9 annual periods from 2016 to 2024. As of March 2025, the index stands at 6.6%, representing net assets of AU$72.35 Billion against total assets of AU$1.10 Trillion AUD. See working capital position of Westpac Banking Corporation to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for Westpac Banking Corporation (2016–2024)

The table below presents the year-by-year Net Asset Quality Index for Westpac Banking Corporation from 2016 to 2024, covering 9 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 Westpac Banking Corporation (WBCPI) market capitalisation.

Year Quality Index Net Assets (AUD) Total Assets Total Liabilities Change (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$935.87 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 ▲ +0.1 pp
2017 7.2% AU$61.34 Billion AU$851.88 Billion AU$790.53 Billion ▲ +0.3 pp
2016 6.9% AU$58.12 Billion AU$839.20 Billion AU$781.08 Billion
pp = percentage points