Westpac Banking Corporation Tangible Net Worth Ratio
Westpac Banking Corporation tangible net worth ratio. Westpac Banking Corporation (WBCPI) has a Tangible Net Worth Ratio of 100.0% as of March 2025. This metric is calculated by deducting intangible assets (AU$0.00) from net assets (AU$72.35 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 Westpac Banking Corporation strategic asset allocation index 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 (2016–2024)
Tangible net worth ratio of Westpac Banking Corporation from 2016 to 2024. This chart shows how Westpac Banking Corporation's Tangible Net Worth Ratio has changed across 9 annual periods from 2016 to 2024. As of March 2025, the ratio stands at 100.0%, reflecting net assets of AU$72.35 Billion with intangible assets of AU$0.00 AUD. See Westpac Banking Corporation working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Westpac Banking Corporation Tangible Net Worth Ratio by Year (2016–2024)
Westpac Banking Corporation tangible net worth ratio by year from 2016 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for Westpac Banking Corporation from 2016 to 2024, covering 9 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 Westpac Banking Corporation market capitalisation.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (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$935.87 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 | ▼ -0.1 pp |
| 2017 | 95.7% | AU$61.34 Billion | AU$2.64 Billion | AU$851.88 Billion | ▲ +0.3 pp |
| 2016 | 95.4% | AU$58.12 Billion | AU$2.69 Billion | AU$839.20 Billion | — |