Westpac Banking Corporation (WBCPI) — Working Capital to Net Assets Ratio
Westpac Banking Corporation (WBCPI) has a Working Capital to Net Assets ratio of -739.0% as of March 2022. Working capital of AU$-519.74 Billion (current assets of AU$154.71 Billion minus current liabilities of AU$674.44 Billion) is measured against net assets of AU$70.33 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Westpac Banking Corporation defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Westpac Banking Corporation Working Capital to Net Assets (2017–2021)
This chart shows how Westpac Banking Corporation's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2017 to 2021. As of March 2022, the ratio stands at -739.0%, reflecting working capital of AU$-519.74 Billion against net assets of AU$70.33 Billion AUD. For the complete balance sheet picture, see how large is Westpac Banking Corporation's balance sheet.
Annual Working Capital to Net Assets for Westpac Banking Corporation (2017–2021)
The table below presents the year-by-year Working Capital to Net Assets ratio for Westpac Banking Corporation from 2017 to 2021, covering 5 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check financial resilience of Westpac Banking Corporation to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2021 | -862.0% | AU$-621.41 Billion | AU$72.09 Billion | AU$118.67 Billion | AU$740.08 Billion | ▲ +27.2 pp |
| 2020 | -889.2% | AU$-605.31 Billion | AU$68.07 Billion | AU$98.52 Billion | AU$703.83 Billion | ▲ +4.8 pp |
| 2019 | -894.0% | AU$-585.62 Billion | AU$65.51 Billion | AU$87.19 Billion | AU$672.81 Billion | ▲ +8.6 pp |
| 2018 | -902.6% | AU$-582.81 Billion | AU$64.57 Billion | AU$78.29 Billion | AU$661.10 Billion | ▲ +23.8 pp |
| 2017 | -926.4% | AU$-568.25 Billion | AU$61.34 Billion | AU$73.82 Billion | AU$642.08 Billion | — |