WBK
Price:
$14.2
Market Cap:
$118.79B
Westpac Banking Corporation, headquartered in Sydney, Australia, is a venerable financial institution established in 1817. Formerly known as the Bank of New South Wales until its name change in October 1982, Westpac provides a broad spectrum of banking and financial solutions. Its operations are extensive, reaching customers not only across Australia and New Zealand but also in the Americas, Asia, and Europe. The company's diverse offerings cater to a wide array of clients, from individual consumers and private wealth holders to micro-businesses, small and medium-sized enterprises, large commercial ventures, and various corporate, institutional, and government bodies. For personal and busine...[Read more]
Industry
Banks - Diversified
IPO Date
2013-02-11
Stock Exchange
NYSE
Ticker
WBK
According to Westpac Banking Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0.07. This represents a change of -86.14% compared to the average of 0.49 of the last 4 quarters.
The mean historical Current Ratio of Westpac Banking Corporation over the last ten years is 13.79. The current 0.07 Current Ratio has changed -51.13% with respect to the historical average. Over the past ten years (40 quarters), WBK's Current Ratio was at its highest in in the March 2023 quarter at 249.76. The Current Ratio was at its lowest in in the March 2013 quarter at 0.
Average
13.79
Median
6.75
Minimum
0.29
Maximum
40.59
Discovering the peaks and valleys of Westpac Banking Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 168.52%
Maximum Annual Current Ratio = 40.59
Minimum Annual Increase = -96.01%
Minimum Annual Current Ratio = 0.29
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.29 | -63.38% |
| 2024 | 0.80 | -96.01% |
| 2023 | 20.16 | -48.91% |
| 2022 | 39.46 | -2.79% |
| 2021 | 40.59 | 168.52% |
| 2020 | 15.12 | 144.23% |
| 2019 | 6.19 | -15.28% |
| 2018 | 7.31 | 48.83% |
| 2017 | 4.91 | 60.55% |
| 2016 | 3.06 | 20.39% |
The current Current Ratio of Westpac Banking Corporation (WBK) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
7.09
5-year avg
20.26
10-year avg
13.79
Westpac Banking Corporation’s Current Ratio is greater than Citigroup Inc. (0.05), greater than Aegon N.V. PERP CAP SECS (0), greater than Aegon N.V. PRP CP SEC 6.375 (0), greater than Aegon N.V. PERP CAP FLTG RT (0), less than Discover Financial Services (0.18), less than KKR & Co. Inc. (10.06), greater than The Goldman Sachs Group, Inc. (0.02), less than Royal Bank of Canada (4.42), less than Lucid Group, Inc. (1.02),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.05 | $244.05B | |
| 0 | $52.17B | |
| 0 | $52.47B | |
| 0 | $51.13B | |
| 0.18 | $50.34B | |
| 10.06 | $87.10B | |
| 0.02 | $323.49B | |
| 4.42 | $98.82B | |
| 1.02 | $1.70B |
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What is the Current Ratio?
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What is Westpac Banking Corporation's Current Ratio?
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What is the 3-year average Current Ratio for Westpac Banking Corporation (WBK)?
What is the 5-year average Current Ratio for Westpac Banking Corporation (WBK)?
How does the current Current Ratio for Westpac Banking Corporation (WBK) compare to its historical average?