Westpac Banking annual net debt
2020
2021
2022
2023
2024
Westpac Banking Net Debt Growth & History (WEBNF)
Westpac Banking's net debt was $141.50B for fiscal 2024.
View full Westpac Banking company overviewWestpac Banking annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-09-30 | $141.50B | $54.27B | +62.22% |
| 2023 | 2023-09-30 | $87.23B | $16.36B | +23.09% |
| 2022 | 2022-09-30 | $70.86B | −$15.63B | −18.07% |
| 2021 | 2021-09-30 | $86.49B | $113.70B | — |
| 2020 | 2020-09-30 | −$27.20B | — | — |
Westpac Banking quarterly net debt
Q4.20
Q2.25
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-03-31 | $172.22B | $18.00B | +11.67% |
| Q2 2025 | 2025-03-31 | $154.22B | — | — |
| Q4 2020 | 2020-09-30 | −$27.20B | — | — |
Westpac Banking net debt trends
Between the periods ended 2020-09-30 and 2024-09-30, Westpac Banking's net debt increased from −$27.20B to $141.50B, a change of $168.70B. The latest reported quarter, Q2 2026, shows $172.22B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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