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$70.33 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Westpac Banking Corporation balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Westpac Banking Corporation Working Capital to Net Assets (2017–2021)
This chart shows how Westpac Banking Corporation's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2017 to 2021. As of March 2022, the ratio stands at -739.0%, reflecting working capital of AU$-519.74 Billion against net assets of AU$70.33 Billion AUD. Check WBCPI tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Westpac Banking Corporation (2017–2021)
The table below presents the year-by-year Working Capital to Net Assets ratio for Westpac Banking Corporation from 2017 to 2021, covering 5 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see market cap of Westpac Banking Corporation.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2021 | -862.0% | AU$-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 | — |