Westlake Historical Balance Sheet
WLKP Stock | USD 22.01 0.21 0.96% |
Trend analysis of Westlake Chemical Partners balance sheet accounts such as Common Stock Shares Outstanding of 33.7 M, Total Assets of 1.4 B, Short and Long Term Debt Total of 428.3 M or Other Current Liab of 19.8 M provides information on Westlake Chemical's total assets, liabilities, and equity, which is the actual value of Westlake Chemical to its prevalent stockholders. By breaking down trends over time using Westlake Chemical balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Westlake Chemical latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Westlake Chemical is a good buy for the upcoming year.
Westlake Chemical Inventory |
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About Westlake Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Westlake Chemical at a specified time, usually calculated after every quarter, six months, or one year. Westlake Chemical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Westlake Chemical and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Westlake currently owns. An asset can also be divided into two categories, current and non-current.
Westlake Chemical Balance Sheet Chart
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Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Total Assets
Total assets refers to the total amount of Westlake Chemical assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Westlake Chemical books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most accounts from Westlake Chemical's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Westlake Chemical current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westlake Chemical Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. To learn how to invest in Westlake Stock, please use our How to Invest in Westlake Chemical guide.At this time, Westlake Chemical's Non Current Liabilities Total is relatively stable compared to the past year. As of 08/06/2025, Total Current Assets is likely to grow to about 255.7 M, while Other Current Liabilities is likely to drop slightly above 19.8 M.
2024 | 2025 (projected) | Short and Long Term Debt Total | 459.6M | 428.3M | Total Assets | 1.3B | 1.4B |
Westlake Chemical balance sheet Correlations
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Westlake Chemical Account Relationship Matchups
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Westlake Chemical balance sheet Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Common Stock Shares Outstanding | 35.2M | 35.2M | 35.2M | 35.2M | 35.2M | 33.7M | |
Total Assets | 1.4B | 1.5B | 1.4B | 1.3B | 1.3B | 1.4B | |
Other Current Liab | 12.6M | 60.9M | 14.9M | 21.9M | 34.6M | 19.8M | |
Total Current Liabilities | 39.8M | 106.8M | 66.9M | 56.3M | 55.4M | 54.8M | |
Total Stockholder Equity | 915.1M | 972.7M | 903.7M | 522.5M | 829.3M | 722.6M | |
Other Liab | 1.6M | 1.5M | 1.5M | 1.7M | 1.5M | 1.7M | |
Property Plant And Equipment Net | 1.1B | 1.0B | 990.2M | 943.8M | 903.6M | 1.1B | |
Net Debt | 382.5M | 382.6M | 334.9M | 341.1M | 341.4M | 371.2M | |
Accounts Payable | 21.0M | 45.9M | 49.4M | 31.4M | 20.7M | 34.1M | |
Non Current Assets Total | 1.1B | 1.2B | 1.1B | 1.1B | 1.0B | 1.2B | |
Non Currrent Assets Other | 36.7M | 150.1M | 128.5M | 141.0M | 137.6M | 85.7M | |
Other Assets | 46.2M | 36.7M | 155.9M | 130.2M | 149.7M | 79.3M | |
Net Receivables | 242.3M | 254.9M | 176.0M | 162.7M | 178.1M | 160.0M | |
Liabilities And Stockholders Equity | 1.4B | 1.5B | 1.4B | 1.3B | 1.3B | 1.4B | |
Non Current Liabilities Total | 401.6M | 401.2M | 401.3M | 404.3M | 403.3M | 458.5M | |
Inventory | 3.5M | 8.9M | 4.7M | 4.4M | 4.1M | 3.9M | |
Other Current Assets | 392K | 396K | 305K | 442K | 444K | 421.8K | |
Other Stockholder Equity | 395.2M | 436.1M | 369.2M | 829.3M | 953.7M | 564.3M | |
Total Liab | 441.4M | 508M | 468.3M | 460.6M | 458.6M | 388.2M | |
Property Plant And Equipment Gross | 1.1B | 2.1B | 2.1B | 2.1B | 2.1B | 1.5B | |
Total Current Assets | 263.3M | 281.2M | 245.8M | 226.2M | 240.9M | 255.7M | |
Common Stock | 520.0M | 536.6M | 534.5M | 522.5M | 600.9M | 485.5M | |
Property Plant Equipment | 1.1B | 1.1B | 1.0B | 990.2M | 1.1B | 1.1B | |
Net Tangible Assets | 946.3M | 909.3M | 536.6M | 897.9M | 1.0B | 772.0M | |
Current Deferred Revenue | 1.7M | 1.6M | 1.5M | 1.7M | 1.5M | 1.4M | |
Cash | 17.2M | 17.1M | 64.8M | 58.6M | 58.3M | 49.1M | |
Cash And Short Term Investments | 17.2M | 17.1M | 64.8M | 58.6M | 58.3M | 49.1M | |
Short Term Investments | 162.8M | 123.2M | 106.2M | 65.0M | 74.7M | 90.8M | |
Deferred Long Term Liab | 1.6M | 1.5M | 1.5M | 1.7M | 1.5M | 1.4M | |
Non Current Liabilities Other | 400.1M | 1.5M | 1.7M | 3.0M | 2.1M | 1.9M |
Pair Trading with Westlake Chemical
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Westlake Chemical position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Westlake Chemical will appreciate offsetting losses from the drop in the long position's value.Moving against Westlake Stock
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0.73 | AU | AngloGold Ashanti plc | PairCorr |
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0.71 | OR | Osisko Gold Ro Earnings Call Today | PairCorr |
The ability to find closely correlated positions to Westlake Chemical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Westlake Chemical when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Westlake Chemical - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Westlake Chemical Partners to buy it.
The correlation of Westlake Chemical is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Westlake Chemical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Westlake Chemical moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Westlake Chemical can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional 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.