Westpac Banking (WEBNF) Asset Utilization Ratio (2010 - 2024)
Westpac Banking (WEBNF) reported Asset Utilization Ratio of 0.07 for Q3 2024, down 41.53% on a YoY basis from 0.11 in Q4 2023, and down 41.53% quarter-over-quarter from 0.11 in Q3 2023.
Westpac Banking (WEBNF) Asset Utilization Ratio (2010 - 2024) Analysis & Trends
Westpac Banking has reported Asset Utilization Ratio for 8 years, with the latest figure at 0.07 in Q3 2024.
- For the quarter ending Q3 2024, Asset Utilization Ratio fell 41.53% year-over-year to 0.07; the trailing twelve-month figure through Sep 2024 stood at 0.07 (down 41.53% YoY), and the FY2025 full-year result was 0.05, down 51.27% from the prior year.
- Asset Utilization Ratio for Q3 2024 stood at 0.07, down from 0.11 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.11 in Q3 2023, with the low at 0.04 in Q3 2022.
- Historically, Asset Utilization Ratio has averaged 0.07 across 3 years, with a median of 0.07 in 2024.
- Annual changes were most pronounced in 2023 — Asset Utilization Ratio jumped 207.11% — and 2024, when it slumped 41.53%.
- Westpac Banking's Asset Utilization Ratio stood at 0.04 in 2022, then jumped by 207.11% to 0.11 in 2023, then tumbled by 41.53% to 0.07 in 2024.
- The last three Asset Utilization Ratio figures came in at 0.07 (Q3 2024), 0.11 (Q3 2023), and 0.04 (Q3 2022), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Canadian Imperial Bank Of Commerce | 1,329,940,501.22 Bn | 1,329,940,501.43 Bn | - | 0.03 |
| 2 | Hsbc Holdings | 37,228.00 Bn | 37,228.45 Bn | - | 0.02 |
| 3 | Royal Bank Of Canada | 2,913.28 Bn | 2,841.72 Bn | - | 0.17 |
| 4 | Toronto Dominion Bank | 959.65 Bn | 952.85 Bn | - | 0.03 |
| 5 | Bank Of Montreal | 416.15 Bn | 416.15 Bn | - | 0.03 |
| 6 | Bank Of America | 390.60 Bn | -216.10 Bn | 29.24 Bn | 0.03 |
| 7 | Barclays | 379.37 Bn | -269.24 Bn | - | - |
| 8 | Mitsubishi Ufj Financial | 271.88 Bn | -414.40 Bn | 3.81 Bn | - |
| 9 | Wells Fargo & Company | 252.38 Bn | 177.30 Bn | - | 0.04 |
| 10 | Westpac Banking | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 0.07 |
| Sep 30, 2023 | 0.11 |
| Sep 30, 2022 | 0.04 |
| Sep 30, 2017 | 0.01 |
| Sep 30, 2016 | 0.00 |
| Sep 30, 2012 | 0.00 |
| Mar 31, 2012 | 0.03 |
| Sep 30, 2011 | 0.00 |
| Mar 31, 2011 | 0.03 |
| Sep 30, 2010 | 0.00 |