Westpac Banking (WBKCY) Interest Coverage Ratio (2009 - 2024)
Westpac Banking (WBKCY) posted Interest Coverage Ratio of 0.61 for Q3 2024, up 183.63% quarter-over-quarter from 0.72 in Q3 2023, and up 183.63% year-on-year from 0.21 in Q4 2023.
Westpac Banking (WBKCY) Interest Coverage Ratio (2009 - 2024) Analysis & Trends
Westpac Banking (WBKCY) has reported Interest Coverage Ratio for 13 consecutive years, with 0.61 the latest figure, recorded in Q3 2024.
- Interest Coverage Ratio for Q3 2024 came in at 0.61, up 183.63% year-over-year; the trailing twelve-month figure through Sep 2025 was 1.74 (down 81.26% YoY), and the FY2025 annual result was 0.0, down 100.17% from the prior year.
- Interest Coverage Ratio was 0.61 for Q3 2024 at Westpac Banking, up from 0.72 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 2.66 in Q1 2020 and troughed at 2.25 in Q3 2022.
- Average Interest Coverage Ratio over 5 years is 0.25, with a median of 0.47 recorded in 2021.
- Year-over-year, Interest Coverage Ratio plunged 374.15% in 2022 and jumped 183.63% in 2024.
- Over 5 years, Interest Coverage Ratio stood at 0.55 in 2020, then sank by 185.52% to 0.47 in 2021, then plunged by 374.15% to 2.25 in 2022, then surged by 67.8% to 0.72 in 2023, then surged by 183.63% to 0.61 in 2024.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 0.61 in Q3 2024, 0.72 in Q3 2023, and 2.25 in Q3 2022.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 441.62 Bn | -146.87 Bn | 30.39 Bn | 0.66 |
| 2 | Hsbc Holdings | 357.01 Bn | 357.01 Bn | - | - |
| 3 | Royal Bank Of Canada | 286.58 Bn | 87.66 Bn | - | 1.42 |
| 4 | Wells Fargo & Company | 254.86 Bn | 50.89 Bn | - | 1.73 |
| 5 | Mitsubishi Ufj Financial | 251.70 Bn | -141.92 Bn | 10.89 Bn | - |
| 6 | Citigroup | 223.37 Bn | -2,078.94 Bn | 24.75 Bn | 0.51 |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - | 0.66 |
| 8 | Toronto Dominion Bank | 194.48 Bn | 19.99 Bn | - | 0.08 |
| 9 | UBS Group AG | 167.76 Bn | -47.95 Bn | - | - |
| 10 | Westpac Banking | 41,655.60 | -40.05 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 0.61 |
| Sep 30, 2023 | 0.72 |
| Sep 30, 2022 | 2.25 |
| Sep 30, 2021 | 2.46 |
| Mar 31, 2021 | 0.96 |
| Sep 30, 2020 | 1.39 |
| Mar 31, 2020 | 1.01 |
| Sep 30, 2019 | 1.67 |
| Sep 30, 2018 | 2.28 |
| Sep 30, 2016 | -0.84 |
| Mar 31, 2016 | -1,179.89 |
| Sep 30, 2015 | -1.34 |
| Mar 31, 2015 | -1,002.00 |
| Mar 31, 2014 | 4,929.50 |
| Sep 30, 2013 | -0.99 |
| Mar 31, 2013 | 0.87 |
| Sep 30, 2012 | -0.36 |
| Mar 31, 2012 | -0.31 |
| Sep 30, 2011 | 0.67 |
| Mar 31, 2011 | 0.65 |