Westpac Banking (WEBNF) Interest Coverage Ratio (2009 - 2024)

Westpac Banking (WEBNF) 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 (WEBNF) Interest Coverage Ratio (2009 - 2024) Analysis & Trends

Westpac Banking (WEBNF) 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Hsbc Holdings 1,641.64 Bn 1,642.09 Bn - -
2 Bank Of America 423.61 Bn -183.09 Bn 29.24 Bn 0.61
3 Wells Fargo & Company 264.70 Bn 189.62 Bn - 1.58
4 Citigroup 256.70 Bn -1,928.30 Bn 19.85 Bn 0.29
5 UBS Group AG 156.73 Bn 156.73 Bn - -
6 Bank of New York Mellon 100.92 Bn 44.00 Bn - 1.45
7 Jpmorgan Chase 93.06 Bn 120.14 Bn - 1.86
8 Sumitomo Mitsui Financial 92.45 Bn 93.39 Bn - -
9 Bank of N.T. Butterfield & Son 2.40 Bn -454.67 Mn 152.73 Mn 1.58
10 Westpac Banking - - - -

Historic Data

Download Data
DateValue
Sep 30, 2024 0.61
Sep 30, 2023 -0.72
Sep 30, 2022 -2.25
Sep 30, 2021 -0.47
Mar 31, 2021 -2.11
Sep 30, 2020 0.55
Mar 31, 2020 2.66
Sep 30, 2019 0.32
Sep 30, 2018 0.31
Sep 30, 2017 0.26
Sep 30, 2013 -0.99
Sep 30, 2012 1,307.29
Sep 30, 2011 1.35
Mar 31, 2011 1.50
Sep 30, 2010 2.68
Sep 30, 2009 -0.79
Mar 31, 2009 0.29