Westpac Banking Corporation (WBCPI) — 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. See WBCPI total equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Westpac Banking Corporation Tangible Net Worth Ratio (2016–2024)
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. Also explore how fast is Westpac Banking Corporation growing its equity to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Westpac Banking Corporation (2016–2024)
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 the full company profile including market capitalisation, see market value of Westpac Banking Corporation.
| 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 | — |