Westpac Banking Corporation (WBCPI) — Net Asset Quality Index
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. Read Westpac Banking Corporation (WBCPI) financial obligations for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
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. For live market cap and overall valuation, see how much is Westpac Banking Corporation worth.
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. Check strategic asset allocation of Westpac Banking Corporation to assess the company's strategic physical and investment asset allocation.
| 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 | — |