Westpac Banking Corporation Tangible Net Worth Ratio
Westpac Banking Corporation tangible net worth ratio. Westpac Banking Corporation (WBC) has a Tangible Net Worth Ratio of 85.6% as of March 2026. This metric is calculated by deducting intangible assets (AU$10.20 Billion) from net assets (AU$71.07 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check WBC PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Westpac Banking Corporation (1990–2025)
Tangible net worth ratio of Westpac Banking Corporation from 1990 to 2025. This chart shows how Westpac Banking Corporation's Tangible Net Worth Ratio has changed across 43 annual periods from 1990 to 2025. As of March 2026, the ratio stands at 85.6%, reflecting net assets of AU$71.07 Billion with intangible assets of AU$10.20 Billion AUD. See WBC working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Westpac Banking Corporation Tangible Net Worth Ratio by Year (1990–2025)
Westpac Banking Corporation tangible net worth ratio by year from 1990 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Westpac Banking Corporation from 1990 to 2025, covering 43 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see market cap of Westpac Banking Corporation.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 95.8% | AU$73.09 Billion | AU$3.05 Billion | AU$1.13 Trillion | ▲ +0.4 pp |
| 2024 | 95.4% | AU$72.05 Billion | AU$3.31 Billion | AU$1.08 Trillion | ▲ +0.2 pp |
| 2023 | 95.2% | AU$72.54 Billion | AU$3.47 Billion | AU$1.03 Trillion | ▼ -0.6 pp |
| 2022 | 95.8% | AU$70.51 Billion | AU$2.93 Billion | AU$1.01 Trillion | ▼ -0.7 pp |
| 2021 | 96.5% | AU$72.09 Billion | AU$2.51 Billion | AU$935.88 Billion | ▲ +1.1 pp |
| 2020 | 95.4% | AU$68.07 Billion | AU$3.10 Billion | AU$911.95 Billion | ▲ +0.1 pp |
| 2019 | 95.3% | AU$65.51 Billion | AU$3.06 Billion | AU$906.63 Billion | ▼ -0.2 pp |
| 2018 | 95.6% | AU$64.57 Billion | AU$2.87 Billion | AU$879.59 Billion | ▼ -1.3 pp |
| 2017 | 96.8% | AU$77.39 Billion | AU$2.45 Billion | AU$851.73 Billion | ▲ +2.9 pp |
| 2017 | 93.9% | AU$57.27 Billion | AU$3.50 Billion | AU$940.85 Billion | ▼ -1.8 pp |
| 2017 | 95.7% | AU$61.34 Billion | AU$2.64 Billion | AU$851.88 Billion | ▼ -0.7 pp |
| 2016 | 96.4% | AU$76.05 Billion | AU$2.72 Billion | AU$814.95 Billion | ▲ +3.0 pp |
| 2016 | 93.5% | AU$52.99 Billion | AU$3.47 Billion | AU$880.62 Billion | ▼ -1.9 pp |
| 2016 | 95.4% | AU$58.18 Billion | AU$2.69 Billion | AU$839.20 Billion | ▼ -0.7 pp |
| 2015 | 96.0% | AU$75.18 Billion | AU$2.98 Billion | AU$787.47 Billion | ▲ +0.6 pp |
| 2015 | 95.5% | AU$47.50 Billion | AU$2.15 Billion | AU$821.04 Billion | ▲ +0.6 pp |
| 2015 | 94.9% | AU$53.91 Billion | AU$2.77 Billion | AU$812.16 Billion | ▼ -0.7 pp |
| 2014 | 95.5% | AU$70.90 Billion | AU$3.16 Billion | AU$801.51 Billion | ▲ +2.6 pp |
| 2014 | 92.9% | AU$49.34 Billion | AU$3.49 Billion | AU$770.84 Billion | ▲ +0.8 pp |
| 2013 | 92.1% | AU$47.54 Billion | AU$3.74 Billion | AU$701.10 Billion | ▼ -2.5 pp |
| 2012 | 94.6% | AU$65.91 Billion | AU$3.55 Billion | AU$674.97 Billion | ▲ +1.9 pp |
| 2011 | 92.7% | AU$43.81 Billion | AU$3.20 Billion | AU$670.23 Billion | ▲ +0.0 pp |
| 2010 | 92.7% | AU$40.12 Billion | AU$2.94 Billion | AU$618.28 Billion | ▲ +0.7 pp |
| 2009 | 91.9% | AU$36.57 Billion | AU$2.94 Billion | AU$589.59 Billion | ▼ -5.2 pp |
| 2008 | 97.1% | AU$19.77 Billion | AU$564.00 Million | AU$439.55 Billion | ▲ +0.5 pp |
| 2007 | 96.7% | AU$17.83 Billion | AU$591.00 Million | AU$374.82 Billion | ▲ +0.1 pp |
| 2006 | 96.6% | AU$16.10 Billion | AU$549.00 Million | AU$299.58 Billion | ▼ -0.4 pp |
| 2005 | 97.0% | AU$17.24 Billion | AU$521.00 Million | AU$260.15 Billion | ▲ +60.5 pp |
| 2004 | 36.5% | AU$16.31 Billion | AU$10.35 Billion | AU$244.99 Billion | ▼ -45.2 pp |
| 2003 | 81.7% | AU$14.00 Billion | AU$2.56 Billion | AU$221.37 Billion | ▲ +38.1 pp |
| 2002 | 43.6% | AU$10.47 Billion | AU$5.90 Billion | AU$191.05 Billion | ▲ +2.5 pp |
| 2001 | 41.1% | AU$9.71 Billion | AU$5.72 Billion | AU$189.88 Billion | ▼ -16.8 pp |
| 2000 | 57.9% | AU$9.26 Billion | AU$3.90 Billion | AU$167.62 Billion | ▲ +7.0 pp |
| 1999 | 50.9% | AU$9.00 Billion | AU$4.42 Billion | AU$140.25 Billion | ▼ -28.4 pp |
| 1998 | 79.2% | AU$8.62 Billion | AU$1.79 Billion | AU$137.43 Billion | ▲ +33.2 pp |
| 1997 | 46.1% | AU$8.20 Billion | AU$4.42 Billion | AU$118.85 Billion | ▼ -39.3 pp |
| 1996 | 85.4% | AU$7.91 Billion | AU$1.16 Billion | AU$121.84 Billion | ▼ -14.6 pp |
| 1995 | 100.0% | AU$7.58 Billion | AU$0.00 | AU$105.78 Billion | ▲ +0.0 pp |
| 1994 | 100.0% | AU$7.30 Billion | AU$0.00 | AU$93.85 Billion | ▲ +0.0 pp |
| 1993 | 100.0% | AU$7.15 Billion | AU$0.00 | AU$105.02 Billion | ▲ +0.0 pp |
| 1992 | 100.0% | AU$6.65 Billion | AU$0.00 | AU$110.45 Billion | ▲ +0.0 pp |
| 1991 | 100.0% | AU$7.25 Billion | AU$0.00 | AU$106.10 Billion | ▲ +0.0 pp |
| 1990 | 100.0% | AU$6.88 Billion | AU$0.00 | AU$107.16 Billion | — |