Westpac Banking Corp Stock Cash And Equivalents
WBC Stock | 33.41 0.42 1.24% |
Westpac Banking Corp fundamentals help investors to digest information that contributes to Westpac Banking's financial success or failures. It also enables traders to predict the movement of Westpac Stock. The fundamental analysis module provides a way to measure Westpac Banking's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Westpac Banking stock.
Westpac | Cash And Equivalents |
Westpac Banking Corp Company Cash And Equivalents Analysis
Westpac Banking's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Competition |
In accordance with the recently published financial statements, Westpac Banking Corp has 0.0 in Cash And Equivalents. This is 100.0% lower than that of the Banks sector and about the same as Financials (which currently averages 0.0) industry. The cash and equivalents for all Australia stocks is 100.0% higher than that of the company.
Westpac Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Westpac Banking's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Westpac Banking could also be used in its relative valuation, which is a method of valuing Westpac Banking by comparing valuation metrics of similar companies.Westpac Banking is currently under evaluation in cash and equivalents category among its peers.
Westpac Banking ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Westpac Banking's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Westpac Banking's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Westpac Fundamentals
Return On Equity | 0.0967 | ||||
Return On Asset | 0.0066 | ||||
Profit Margin | 0.33 % | ||||
Operating Margin | 0.58 % | ||||
Current Valuation | 233.88 B | ||||
Shares Outstanding | 3.44 B | ||||
Shares Owned By Insiders | 0.48 % | ||||
Shares Owned By Institutions | 32.62 % | ||||
Price To Book | 1.60 X | ||||
Price To Sales | 5.45 X | ||||
Revenue | 21.59 B | ||||
Gross Profit | 19.27 B | ||||
EBITDA | 11.63 B | ||||
Net Income | 6.98 B | ||||
Total Debt | 229.65 B | ||||
Book Value Per Share | 20.87 X | ||||
Cash Flow From Operations | (933 M) | ||||
Earnings Per Share | 1.92 X | ||||
Price To Earnings To Growth | 1.27 X | ||||
Target Price | 27.8 | ||||
Number Of Employees | 33.58 K | ||||
Beta | 0.87 | ||||
Market Capitalization | 114.71 B | ||||
Total Asset | 1.08 T | ||||
Retained Earnings | 32.77 B | ||||
Annual Yield | 0.05 % | ||||
Net Asset | 1.08 T | ||||
Last Dividend Paid | 1.51 |
About Westpac Banking Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Westpac Banking Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Westpac Banking using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Westpac Banking Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Westpac Stock Analysis
When running Westpac Banking's price analysis, check to measure Westpac Banking's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Westpac Banking is operating at the current time. Most of Westpac Banking's value examination focuses on studying past and present price action to predict the probability of Westpac Banking's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westpac Banking's price. Additionally, you may evaluate how the addition of Westpac Banking to your portfolios can decrease your overall portfolio volatility.