Westpac Banking (WBKCY) Debt Ratio (2015 - 2025)

Westpac Banking posted quarterly Debt Ratio of 0.04 for Q1 2025, down 21.31% year-on-year from 0.05 in Q1 2024, and up 504.1% on a QoQ basis from 0.01 in Q3 2024.

Westpac Banking (WBKCY) has 9 years of Debt Ratio data on file, last reported at 0.04 in Q1 2025.

  • For the quarter ending Q1 2025, Debt Ratio fell 21.31% year-over-year to 0.04; the trailing twelve-month figure through Mar 2025 stood at 0.04 (down 21.31% YoY), and the FY2024 full-year result was 0.01, up 99.99% from the prior year.
  • Debt Ratio for Q1 2025 stood at 0.04, up from 0.01 in the prior quarter.
  • Across five years, Debt Ratio topped out at 2.61 in Q3 2021 and bottomed at 184.81 in Q3 2023.
  • The 5-year median for Debt Ratio is 0.05 (2024), against an average of 20.05.
  • The widest annual swing landed in 2021, when Debt Ratio jumped 5717.08%; it then plunged 12252.32% in 2023.
  • A 5-year view of Debt Ratio shows it stood at 2.61 in 2021, then tumbled by 41.74% to 1.52 in 2022, then slumped by 12252.32% to 184.81 in 2023, then jumped by 99.99% to 0.01 in 2024, then soared by 504.1% to 0.04 in 2025.
  • The last three Debt Ratio figures came in at 0.04 (Q1 2025), 0.01 (Q3 2024), and 0.05 (Q1 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Canadian Imperial Bank Of Commerce 1,282,929,665.61 Bn 1,282,929,665.82 Bn - 0.00
2 Toronto Dominion Bank 928.05 Bn 749.34 Bn - -
3 Hsbc Holdings 799.80 Bn 799.80 Bn - -
4 Barclays 460.27 Bn 460.27 Bn - -
5 Bank Of America 373.62 Bn -233.08 Bn 29.24 Bn 0.10
6 Bank Of Montreal 316.89 Bn 316.89 Bn - 0.01
7 Wells Fargo & Company 238.28 Bn 163.21 Bn - 0.12
8 Citigroup 235.82 Bn -1,949.18 Bn 19.85 Bn 0.14
9 Bank of New York Mellon 94.86 Bn 37.94 Bn - 0.03
10 Westpac Banking - - - -

Historic Data

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DateValue
Mar 31, 2025 0.04
Sep 30, 2024 -0.01
Mar 31, 2024 0.05
Sep 30, 2023 -184.81
Mar 31, 2023 0.06
Sep 30, 2022 1.52
Mar 31, 2022 0.05
Sep 30, 2021 2.61
Mar 31, 2021 0.05
Sep 30, 2020 0.04
Mar 31, 2020 0.04
Sep 30, 2019 50.44
Mar 31, 2019 0.03
Sep 30, 2018 780.69
Mar 31, 2018 0.00
Sep 30, 2015 0.02