Westpac Banking Balance Sheet Health
Financial Health criteria checks 5/6
Westpac Banking has total assets of A$1,029.8B and total equity of A$72.5B. Total deposits are A$688.2B, and total loans are A$773.4B earning a Net Interest Margin of 2%. It has insufficient allowance for bad loans, which are currently at 1.1% of total loans. Cash and short-term investments are A$152.7B.
Key information
14.2x
Asset to equity ratio
2.0%
Net interest margin
Total deposits | AU$688.17b |
Loan to deposit ratio | Appropriate |
Bad loans | 1.1% |
Allowance for bad loans | Low |
Current ratio | Low |
Cash & equivalents | AU$152.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: WBC's Assets to Equity ratio (14.2x) is moderate.
Allowance for Bad Loans: WBC has a low allowance for bad loans (53%).
Low Risk Liabilities: 72% of WBC's liabilities are made up of primarily low risk sources of funding.
Loan Level: WBC has an appropriate level of Loans to Assets ratio (75%).
Low Risk Deposits: WBC's Loans to Deposits ratio (112%) is appropriate.
Level of Bad Loans: WBC has an appropriate level of bad loans (1.1%).