What is the debt of Westpac Banking this year?
Westpac Banking has a debt level of 225,306 AUD this year.
In 2024, Westpac Banking's total debt was 225,306 AUD, a -1.6% change from the 228,975 AUD total debt recorded in the previous year.
Westpac Banking's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Analyzing Westpac Banking's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Investors pay close attention to Westpac Banking’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Shifts in Westpac Banking’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Westpac Banking has a debt level of 225,306 AUD this year.
The debt of Westpac Banking has increased by -1.6% compared to the previous year dropped.
High debt can pose a risk for investors of Westpac Banking, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
Low debt means that Westpac Banking has a strong financial position and is able to fulfill its obligations without overburdening its finances.
An increase in debt of Westpac Banking can adversely affect the financial condition of the company and result in a higher burden on its finances.
A reduction in debt of Westpac Banking can strengthen the company's financial position and improve its ability to meet its financial obligations.
Some factors that can influence the debt of Westpac Banking include investments, acquisitions, operating costs, and revenue development.
The debts of Westpac Banking are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
To change the debt, Westpac Banking can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
Over the past 12 months, Westpac Banking paid a dividend of 2.03 AUD . This corresponds to a dividend yield of about 6.32 %. For the coming 12 months, Westpac Banking is expected to pay a dividend of 2 AUD.
The current dividend yield of Westpac Banking is 6.32 %.
Westpac Banking pays a quarterly dividend. This is distributed in the months of December, June, December, June.
Westpac Banking paid dividends every year for the past 25 years.
For the upcoming 12 months, dividends amounting to 2 AUD are expected. This corresponds to a dividend yield of 6.24 %.
Westpac Banking is assigned to the 'Finance' sector.
To receive the latest dividend of Westpac Banking from 6/25/2024 amounting to 0.214 AUD, you needed to have the stock in your portfolio before the ex-date on 5/9/2024.
The last dividend was paid out on 6/25/2024.
In the year 2023, Westpac Banking distributed 1.786 AUD as dividends.
The dividends of Westpac Banking are distributed in AUD.
The Westpac Banking stock can be added to a savings plan with the following providers: Consorsbank
Our stock analysis for Westpac Banking Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Westpac Banking Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.