Westpac Banking Corp (WEBNF)
16.78
-0.24
(-1.44%)
USD |
OTCM |
Apr 26, 16:00
Westpac Banking Debt to Equity Ratio: 2.617 for Sept. 30, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2023 | 2.617 |
| March 31, 2023 | 2.478 |
| September 30, 2022 | 2.500 |
| March 31, 2022 | 2.315 |
| September 30, 2021 | 2.191 |
| March 31, 2021 | 2.139 |
| September 30, 2020 | 2.562 |
| March 31, 2020 | 3.131 |
| September 30, 2019 | 3.106 |
| March 31, 2019 | 3.217 |
| September 30, 2018 | 2.943 |
| March 31, 2018 | 3.074 |
| September 30, 2017 | 3.016 |
| March 31, 2017 | 3.109 |
| September 30, 2016 | 3.280 |
| Date | Value |
|---|---|
| March 31, 2016 | 3.115 |
| September 30, 2015 | 3.557 |
| March 31, 2015 | 3.644 |
| September 30, 2014 | 3.340 |
| March 31, 2014 | 3.357 |
| September 30, 2013 | 3.241 |
| March 31, 2013 | 3.430 |
| September 30, 2012 | 3.480 |
| March 31, 2012 | 3.855 |
| September 30, 2011 | 4.273 |
| March 31, 2011 | 3.965 |
| September 30, 2010 | 4.289 |
| March 31, 2010 | 4.354 |
| September 30, 2009 | 4.058 |
| March 31, 2009 | 3.951 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
2.139
Minimum
Mar 2021
3.131
Maximum
Mar 2020
2.56
Average
2.500
Median
Sep 2022
Debt to Equity Ratio Benchmarks
| ANZ Group Holdings Ltd | -- |
| Macquarie Group Ltd | 1.507 |
| SIPP International Industries Inc | -- |
| Computershare Ltd | 1.111 |
| Iris Energy Ltd | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 661.73B |
| Total Liabilities (Quarterly) | 615.12B |
| Shareholders Equity (Quarterly) | 46.59B |
| Current Ratio | 3.881 |
| Net Debt Paydown Yield | 0.03% |