Westlake Chemical Stock Z Score

WLK Stock

USD 150.73 1.55 1.04%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Westlake Chemical Piotroski F Score and Westlake Chemical Valuation analysis.

For more information on how to buy Westlake Stock please use our How to buy in Westlake Stock guide.

At this time, Westlake Chemical's Return On Capital Employed is quite stable compared to the past year. At this time, Westlake Chemical's Total Operating Expenses is quite stable compared to the past year. Net Income is expected to rise to about 514.8 M this year, although the value of EBIT will most likely fall to about 775.4 M.

Westlake Chemical Company Z Score Analysis

Westlake Chemical's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Westlake Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Westlake Chemical is extremely important. It helps to project a fair market value of Westlake Stock properly, considering its historical fundamentals such as Z Score. Since Westlake Chemical's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Westlake Chemical's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Westlake Chemical's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Total Current Assets	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Total Liab	Short Term Debt	Common Stock	Property Plant Equipment	Intangible Assets	Good Will	Net Tangible Assets	Short Term Investments	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Treasury Stock	Short Long Term Debt	Current Deferred Revenue	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.98	0.69	0.96	0.98	0.8	0.97	0.98	0.99	-0.46	0.35	0.98	0.97	0.99	0.84	0.82	0.98	0.89	0.88	0.9	-0.91	-0.68	0.1	0.86	0.82	0.83	-0.57
Total Stockholder Equity	0.98		0.56	0.98	1.0	0.84	0.91	0.96	0.94	-0.41	0.32	0.95	0.94	0.96	0.86	0.86	0.94	0.9	0.81	0.89	-0.86	-0.61	0.04	0.86	0.86	0.86	-0.63
Net Debt	0.69	0.56		0.49	0.57	0.22	0.83	0.73	0.77	-0.52	0.37	0.73	0.72	0.71	0.53	0.47	0.74	0.54	0.87	0.59	-0.8	-0.79	0.46	0.53	0.38	0.38	0.05
Total Current Assets	0.96	0.98	0.49		0.97	0.87	0.88	0.94	0.92	-0.26	0.31	0.9	0.93	0.94	0.81	0.77	0.91	0.88	0.76	0.83	-0.79	-0.48	0.0	0.88	0.88	0.88	-0.67
Retained Earnings	0.98	1.0	0.57	0.97		0.83	0.91	0.96	0.95	-0.44	0.33	0.95	0.94	0.96	0.87	0.87	0.94	0.9	0.82	0.89	-0.88	-0.62	0.05	0.86	0.85	0.86	-0.62
Accounts Payable	0.8	0.84	0.22	0.87	0.83		0.7	0.71	0.76	-0.22	0.19	0.79	0.75	0.77	0.64	0.65	0.81	0.81	0.58	0.68	-0.57	-0.35	-0.44	0.7	0.75	0.74	-0.91
Long Term Debt	0.97	0.91	0.83	0.88	0.91	0.7		0.96	0.99	-0.51	0.33	0.96	0.97	0.98	0.77	0.75	0.99	0.82	0.93	0.87	-0.91	-0.75	0.21	0.81	0.75	0.75	-0.45
Net Receivables	0.98	0.96	0.73	0.94	0.96	0.71	0.96		0.97	-0.43	0.34	0.94	0.98	0.98	0.82	0.8	0.95	0.84	0.88	0.87	-0.89	-0.67	0.26	0.86	0.83	0.83	-0.46
Total Liab	0.99	0.94	0.77	0.92	0.95	0.76	0.99	0.97		-0.48	0.35	0.98	0.97	0.99	0.79	0.77	0.99	0.86	0.91	0.87	-0.91	-0.71	0.14	0.84	0.78	0.78	-0.52
Short Term Debt	-0.46	-0.41	-0.52	-0.26	-0.44	-0.22	-0.51	-0.43	-0.48		-0.19	-0.51	-0.44	-0.48	-0.46	-0.62	-0.49	-0.37	-0.54	-0.5	0.64	0.74	-0.23	-0.26	-0.27	-0.32	0.13
Common Stock	0.35	0.32	0.37	0.31	0.33	0.19	0.33	0.34	0.35	-0.19		0.42	0.31	0.26	0.4	0.19	0.3	0.52	0.49	0.14	-0.54	-0.32	0.0	0.17	0.14	0.15	-0.04
Property Plant Equipment	0.98	0.95	0.73	0.9	0.95	0.79	0.96	0.94	0.98	-0.51	0.42		0.93	0.95	0.81	0.8	0.97	0.89	0.9	0.85	-0.94	-0.75	0.02	0.79	0.71	0.73	-0.57
Intangible Assets	0.97	0.94	0.72	0.93	0.94	0.75	0.97	0.98	0.97	-0.44	0.31	0.93		0.99	0.78	0.74	0.97	0.84	0.88	0.83	-0.86	-0.61	0.18	0.87	0.85	0.84	-0.5
Good Will	0.99	0.96	0.71	0.94	0.96	0.77	0.98	0.98	0.99	-0.48	0.26	0.95	0.99		0.81	0.79	0.98	0.85	0.88	0.88	-0.87	-0.66	0.16	0.88	0.85	0.85	-0.53
Net Tangible Assets	0.84	0.86	0.53	0.81	0.87	0.64	0.77	0.82	0.79	-0.46	0.4	0.81	0.78	0.81		0.81	0.77	0.92	0.83	0.81	-0.82	-0.61	0.16	0.87	0.82	0.87	-0.32
Short Term Investments	0.82	0.86	0.47	0.77	0.87	0.65	0.75	0.8	0.77	-0.62	0.19	0.8	0.74	0.79	0.81		0.76	0.75	0.66	0.87	-0.81	-0.74	0.12	0.66	0.67	0.7	-0.48
Long Term Debt Total	0.98	0.94	0.74	0.91	0.94	0.81	0.99	0.95	0.99	-0.49	0.3	0.97	0.97	0.98	0.77	0.76		0.85	0.9	0.87	-0.87	-0.7	0.06	0.83	0.79	0.79	-0.58
Capital Surpluse	0.89	0.9	0.54	0.88	0.9	0.81	0.82	0.84	0.86	-0.37	0.52	0.89	0.84	0.85	0.92	0.75	0.85		0.86	0.75	-0.84	-0.57	-0.09	0.85	0.8	0.82	-0.52
Deferred Long Term Liab	0.88	0.81	0.87	0.76	0.82	0.58	0.93	0.88	0.91	-0.54	0.49	0.9	0.88	0.88	0.83	0.66	0.9	0.86		0.75	-0.9	-0.78	0.24	0.79	0.71	0.73	-0.24
Long Term Investments	0.9	0.89	0.59	0.83	0.89	0.68	0.87	0.87	0.87	-0.5	0.14	0.85	0.83	0.88	0.81	0.87	0.87	0.75	0.75		-0.79	-0.69	0.2	0.78	0.78	0.77	-0.49
Treasury Stock	-0.91	-0.86	-0.8	-0.79	-0.88	-0.57	-0.91	-0.89	-0.91	0.64	-0.54	-0.94	-0.86	-0.87	-0.82	-0.81	-0.87	-0.84	-0.9	-0.79		0.81	-0.23	-0.71	-0.61	-0.64	0.32
Short Long Term Debt	-0.68	-0.61	-0.79	-0.48	-0.62	-0.35	-0.75	-0.67	-0.71	0.74	-0.32	-0.75	-0.61	-0.66	-0.61	-0.74	-0.7	-0.57	-0.78	-0.69	0.81		-0.24	-0.4	-0.33	-0.38	0.15
Current Deferred Revenue	0.1	0.04	0.46	0.0	0.05	-0.44	0.21	0.26	0.14	-0.23	0.0	0.02	0.18	0.16	0.16	0.12	0.06	-0.09	0.24	0.2	-0.23	-0.24		0.18	0.11	0.14	0.61
Cash And Equivalents	0.86	0.86	0.53	0.88	0.86	0.7	0.81	0.86	0.84	-0.26	0.17	0.79	0.87	0.88	0.87	0.66	0.83	0.85	0.79	0.78	-0.71	-0.4	0.18		0.9	0.92	-0.39
Net Invested Capital	0.82	0.86	0.38	0.88	0.85	0.75	0.75	0.83	0.78	-0.27	0.14	0.71	0.85	0.85	0.82	0.67	0.79	0.8	0.71	0.78	-0.61	-0.33	0.11	0.9		0.99	-0.5
Net Working Capital	0.83	0.86	0.38	0.88	0.86	0.74	0.75	0.83	0.78	-0.32	0.15	0.73	0.84	0.85	0.87	0.7	0.79	0.82	0.73	0.77	-0.64	-0.38	0.14	0.92	0.99		-0.48
Capital Stock	-0.57	-0.63	0.05	-0.67	-0.62	-0.91	-0.45	-0.46	-0.52	0.13	-0.04	-0.57	-0.5	-0.53	-0.32	-0.48	-0.58	-0.52	-0.24	-0.49	0.32	0.15	0.61	-0.39	-0.5	-0.48

Click cells to compare fundamentals

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict Westlake Chemical

As per the company's disclosures, Westlake Chemical has a Z Score of 0.0. This is 100.0% lower than that of the Chemicals sector and 100.0% lower than that of the Materials industry. The z score for all United States stocks is 100.0% higher than that of the company.

Westlake Chemical Current Valuation Drivers

We derive many important indicators used in calculating different scores of Westlake Chemical from analyzing Westlake Chemical's financial statements. These drivers represent accounts that assess Westlake Chemical's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Westlake Chemical's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	9.0B	10.4B	12.4B	13.1B	17.9B	18.8B
Enterprise Value	11.7B	12.7B	15.7B	15.8B	19.5B	20.5B

Westlake Chemical 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, Westlake Chemical's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Westlake Chemical's managers, analysts, and investors.

Environment Score

Governance Score

Social Score

Westlake Chemical Institutional Holders

Institutional Holdings refers to the ownership stake in Westlake Chemical that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Westlake Chemical's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Westlake Chemical's value.

		Shares
Goldman Sachs Group Inc	2023-09-30	705.5 K
Mirae Asset Global Investments (korea) Co Ltd	2023-09-30	682.8 K
Nuveen Asset Management, Llc	2023-09-30	518.7 K
Geode Capital Management, Llc	2023-09-30	474.1 K
First Trust Advisors L.p.	2023-12-31	411.8 K
Samlyn Capital, Llc	2023-12-31	393.3 K
Bank Of New York Mellon Corp	2023-09-30	375.3 K
Norges Bank	2023-12-31	364.1 K
Charles Schwab Investment Management Inc	2023-09-30	344.6 K
Fmr Inc	2023-09-30	4.6 M
Blackrock Inc	2023-09-30	3.5 M

Westlake Fundamentals

	Return On Equity	0.0492
	Return On Asset	0.037
	Profit Margin	0.04 %
	Operating Margin	(0.02) %
	Current Valuation	21.75 B
	Shares Outstanding	128.51 M
	Shares Owned By Insiders	73.46 %
	Shares Owned By Institutions	28.45 %
	Number Of Shares Shorted	1.46 M
	Price To Earning	4.53 X
	Price To Book	1.93 X
	Price To Sales	1.57 X
	Revenue	12.55 B
	Gross Profit	4.07 B
	EBITDA	2.33 B
	Net Income	479 M
	Cash And Equivalents	2.23 B
	Cash Per Share	13.94 X
	Total Debt	4.91 B
	Debt To Equity	0.52 %
	Current Ratio	2.48 X
	Book Value Per Share	79.88 X
	Cash Flow From Operations	2.34 B
	Short Ratio	3.25 X
	Earnings Per Share	3.70 X
	Price To Earnings To Growth	1.59 X
	Target Price	153.39
	Number Of Employees	15.52 K
	Beta	1.31
	Market Capitalization	18.94 B
	Total Asset	21.04 B
	Retained Earnings	10.14 B
	Working Capital	3.82 B
	Current Asset	2.18 B
	Current Liabilities	522.64 M
	Annual Yield	0.01 %
	Five Year Return	1.32 %
	Net Asset	21.04 B
	Last Dividend Paid	1.71

About Westlake Chemical Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Westlake Chemical's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Westlake Chemical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Westlake Chemical 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

MSFT	Microsoft
CRM	Salesforce
GOOG	Alphabet Inc Class C

When determining whether Westlake Chemical is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Westlake Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Westlake Chemical Stock. Highlighted below are key reports to facilitate an investment decision about Westlake Chemical Stock:

How To Invest In Westlake

Details

Is Westlake Stock a good investment?

Details

What is Westlake Chemical's Net Worth?

Details

Largest Specialty Chemicals Companies

View

Largest Basic Materials Companies

View

Check out Westlake Chemical Piotroski F Score and Westlake Chemical Valuation analysis.

For more information on how to buy Westlake Stock please use our How to buy in Westlake Stock guide.

You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for Westlake Stock analysis

When running Westlake Chemical's price analysis, check to measure Westlake Chemical'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 Westlake Chemical is operating at the current time. Most of Westlake Chemical's value examination focuses on studying past and present price action to predict the probability of Westlake Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westlake Chemical's price. Additionally, you may evaluate how the addition of Westlake Chemical to your portfolios can decrease your overall portfolio volatility.

	Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
	Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges
	Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
	Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
	Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences
	Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges

Is Westlake Chemical's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Westlake Chemical. If investors know Westlake will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Westlake Chemical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.29)

Dividend Share

1.714

Earnings Share

3.7

Revenue Per Share

98.18

Quarterly Revenue Growth

(0.14)

The market value of Westlake Chemical is measured differently than its book value, which is the value of Westlake that is recorded on the company's balance sheet. Investors also form their own opinion of Westlake Chemical's value that differs from its market value or its book value, called intrinsic value, which is Westlake Chemical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Westlake Chemical's market value can be influenced by many factors that don't directly affect Westlake Chemical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Westlake Chemical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westlake Chemical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westlake Chemical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Westlake Chemical Stock Z Score

Westlake Chemical Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Westlake Z Score Driver Correlations

Westlake Chemical Current Valuation Drivers

Westlake Chemical ESG Sustainability

Westlake Chemical Institutional Holders

Westlake Fundamentals

About Westlake Chemical Fundamental Analysis

Also Currently Popular

Complementary Tools for Westlake Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY