Westpac Banking (WEBNF) Debt to Equity (2017 - 2025)
Westpac Banking (WEBNF) reported Debt to Equity of $0.07 for Q1 2025, down 90.94% on a YoY basis from $0.75 in Q1 2024, and up 144.95% quarter-over-quarter from -$0.15 in Q3 2024.
Westpac Banking (WEBNF) Debt to Equity (2017 - 2025) Analysis & Trends
Westpac Banking has reported Debt to Equity for 9 years, with the latest figure at $0.07 in Q1 2025.
- For the quarter ending Q1 2025, Debt to Equity fell 90.94% year-over-year to $0.07; the trailing twelve-month figure through Mar 2025 stood at $0.07 (down 90.94% YoY), and the FY2024 full-year result was -$0.15, up 34.78% from the prior year.
- Debt to Equity for Q1 2025 stood at $0.07, up from -$0.15 in the prior quarter.
- The five-year high for Debt to Equity was $0.8 in Q3 2022, with the low at -$0.23 in Q3 2023.
- Historically, Debt to Equity has averaged $0.3 across 5 years, with a median of $0.07 in 2025.
- Annual changes were most pronounced in 2023 — Debt to Equity sank 129.01% — and 2024, when it surged 16706.25%.
- Westpac Banking's Debt to Equity stood at $0.7 in 2021, then increased by 14.54% to $0.8 in 2022, then slumped by 129.01% to -$0.23 in 2023, then surged by 34.78% to -$0.15 in 2024, then surged by 144.95% to $0.07 in 2025.
- The last three Debt to Equity figures came in at $0.07 (Q1 2025), -$0.15 (Q3 2024), and $0.75 (Q1 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Canadian Imperial Bank Of Commerce | 1,329,940,501.22 Bn | 1,329,940,501.43 Bn | - | 0.00 |
| 2 | Hsbc Holdings | 37,228.00 Bn | 37,228.45 Bn | - | - |
| 3 | Royal Bank Of Canada | 2,913.28 Bn | 2,841.72 Bn | - | - |
| 4 | Toronto Dominion Bank | 959.65 Bn | 952.85 Bn | - | - |
| 5 | Bank Of Montreal | 416.15 Bn | 416.15 Bn | - | 0.09 |
| 6 | Bank Of America | 390.60 Bn | -216.10 Bn | 29.24 Bn | 1.20 |
| 7 | Barclays | 379.37 Bn | -269.24 Bn | - | - |
| 8 | Mitsubishi Ufj Financial | 271.88 Bn | -414.40 Bn | 3.81 Bn | 2.26 |
| 9 | Wells Fargo & Company | 252.38 Bn | 177.30 Bn | - | 1.49 |
| 10 | Westpac Banking | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2025 | 0.07 |
| Sep 30, 2024 | -0.15 |
| Mar 31, 2024 | 0.75 |
| Sep 30, 2023 | -0.23 |
| Mar 31, 2023 | 0.00 |
| Sep 30, 2022 | 0.80 |
| Mar 31, 2022 | 0.73 |
| Sep 30, 2021 | 0.70 |
| Mar 31, 2021 | 0.05 |
| Sep 30, 2020 | 0.34 |
| Mar 31, 2020 | 0.04 |
| Sep 30, 2019 | 0.01 |
| Mar 31, 2019 | 0.02 |
| Sep 30, 2018 | -0.02 |
| Sep 30, 2017 | 0.29 |