Westpac Banking (WBKCY) Debt to Equity (2018 - 2024)

Westpac Banking posted quarterly Debt to Equity of -$0.15 for Q3 2024, up 34.78% year-on-year from -$0.11 in Q4 2023, and up 34.78% on a QoQ basis from -$0.23 in Q3 2023.

Westpac Banking (WBKCY) has 7 years of Debt to Equity data on file, last reported at -$0.15 in Q3 2024.

  • For the quarter ending Q3 2024, Debt to Equity rose 34.78% year-over-year to -$0.15; the trailing twelve-month figure through Sep 2024 stood at -$0.15 (up 34.78% YoY), and the FY2024 full-year result was -$0.15, up 34.78% from the prior year.
  • Debt to Equity for Q3 2024 stood at -$0.15, up from -$0.23 in the prior quarter.
  • Across five years, Debt to Equity topped out at $0.6 in Q3 2020 and bottomed at -$0.23 in Q3 2023.
  • The 5-year median for Debt to Equity is $0.07 (2021), against an average of $0.07.
  • The widest annual swing landed in 2020, when Debt to Equity soared 8574.4%; it then slumped 384.9% in 2023.
  • A 5-year view of Debt to Equity shows it stood at $0.6 in 2020, then slumped by 87.85% to $0.07 in 2021, then gained by 11.37% to $0.08 in 2022, then plunged by 384.9% to -$0.23 in 2023, then soared by 34.78% to -$0.15 in 2024.
  • The last three Debt to Equity figures came in at -$0.15 (Q3 2024), -$0.23 (Q3 2023), and $0.08 (Q3 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (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 1.20
6 Bank Of Montreal 316.89 Bn 316.89 Bn - 0.10
7 Wells Fargo & Company 238.28 Bn 163.21 Bn - 1.49
8 Citigroup 235.82 Bn -1,949.18 Bn 19.85 Bn 1.78
9 Bank of New York Mellon 94.86 Bn 37.94 Bn - 0.33
10 Westpac Banking - - - -

Historic Data

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DateValue
Sep 30, 2024 -0.15
Sep 30, 2023 -0.23
Sep 30, 2022 0.08
Sep 30, 2021 0.07
Sep 30, 2020 0.60
Sep 30, 2019 0.01
Sep 30, 2018 0.44