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
Download Data| Date | Value |
|---|---|
| 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 |