Westlake Historical Balance Sheet
WLK Stock | USD 128.55 0.36 0.28% |
Trend analysis of Westlake Chemical balance sheet accounts such as Total Assets of 22.1 B, Total Stockholder Equity of 10.8 B, Net Debt of 2.3 B or Cash of 3.5 B 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.
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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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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.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Westlake Chemical balance sheet. This account contains Westlake Chemical investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Westlake Chemical fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic 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 Common Stock Shares Outstanding is quite stable compared to the past year. Liabilities And Stockholders Equity is expected to rise to about 22.1 B this year, although the value of Other Current Assets will most likely fall to about 51.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Stockholder Equity | 8.0B | 9.9B | 10.2B | 10.8B | Total Assets | 18.5B | 20.6B | 21.0B | 22.1B |
Westlake Chemical balance sheet Correlations
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Westlake Chemical balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 13.3B | 13.8B | 18.5B | 20.6B | 21.0B | 22.1B | |
Total Stockholder Equity | 5.9B | 6.0B | 8.0B | 9.9B | 10.2B | 10.8B | |
Net Debt | 2.7B | 2.3B | 3.3B | 2.7B | 2.2B | 2.3B | |
Cash | 728M | 1.3B | 1.9B | 2.2B | 3.3B | 3.5B | |
Cash And Short Term Investments | 728M | 1.3B | 1.9B | 2.2B | 3.3B | 3.5B | |
Common Stock Shares Outstanding | 128.8M | 128.1M | 128.7M | 128.8M | 128.6M | 136.0M | |
Liabilities And Stockholders Equity | 13.3B | 13.8B | 18.5B | 20.6B | 21.0B | 22.1B | |
Total Current Assets | 2.7B | 3.5B | 5.3B | 6.0B | 6.6B | 6.9B | |
Short Long Term Debt Total | 3.6B | 3.6B | 5.2B | 5.0B | 5.5B | 5.8B | |
Other Current Liab | 768M | 821M | 1.1B | (426M) | 1.6B | 1.7B | |
Total Current Liabilities | 1.2B | 1.4B | 2.3B | 2.3B | 2.8B | 2.9B | |
Other Liab | 1.8B | 2.3B | 2.7B | 2.4B | 2.8B | 2.9B | |
Property Plant And Equipment Net | 6.9B | 6.9B | 7.6B | 8.5B | 9.2B | 9.7B | |
Retained Earnings | 5.8B | 5.9B | 7.8B | 9.9B | 10.1B | 10.7B | |
Accounts Payable | 473M | 529M | 879M | 870M | 877M | 920.9M | |
Non Current Assets Total | 10.5B | 10.4B | 13.2B | 14.6B | 14.4B | 15.1B | |
Non Currrent Assets Other | 3.6B | 3.4B | 5.6B | (551M) | 651M | 933.8M | |
Other Assets | 268M | 2.2B | 5.6B | 569M | 654.4M | 581.3M | |
Long Term Debt | 3.4B | 3.6B | 4.9B | 4.9B | 4.6B | 4.8B | |
Net Receivables | 1.0B | 1.2B | 1.9B | 1.8B | 1.6B | 1.7B | |
Non Current Liabilities Total | 5.6B | 5.9B | 7.6B | 7.8B | 7.5B | 7.9B | |
Inventory | 936M | 918M | 1.4B | 1.9B | 1.6B | 1.7B | |
Other Current Assets | 42M | 32M | 160M | 78M | 82M | 51.5M | |
Other Stockholder Equity | 176M | 168M | 182M | 134M | 195M | 257.8M | |
Total Liab | 6.9B | 7.3B | 9.9B | 10.1B | 10.3B | 10.8B | |
Property Plant And Equipment Gross | 7.4B | 6.9B | 12.3B | 13.8B | 14.5B | 15.2B | |
Accumulated Other Comprehensive Income | (74M) | (64M) | (36M) | (89M) | (98M) | (93.1M) | |
Short Term Debt | 0.0 | 119M | 7M | 269M | 299M | 215.6M | |
Property Plant Equipment | 6.9B | 6.9B | 7.6B | 8.5B | 9.8B | 10.3B | |
Intangible Assets | 710M | 612M | 1.6B | 1.6B | 1.4B | 1.5B | |
Good Will | 1.1B | 1.1B | 2.0B | 2.2B | 2.0B | 2.1B | |
Net Tangible Assets | 4.1B | 4.8B | 4.4B | 6.2B | 7.1B | 3.8B | |
Noncontrolling Interest In Consolidated Entity | 543M | 535M | 573M | 534M | 614.1M | 377.7M | |
Retained Earnings Total Equity | 5.8B | 5.9B | 7.8B | 9.9B | 11.4B | 11.9B | |
Long Term Debt Total | 3.4B | 3.6B | 4.9B | 4.9B | 5.6B | 5.9B | |
Capital Surpluse | 553M | 569M | 581M | 601M | 691.2M | 597.2M |
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Try AI Portfolio ArchitectCheck out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westlake Chemical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic 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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Commodity Chemicals space 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 (0.62) | Dividend Share 2.05 | Earnings Share 0.72 | Revenue Per Share 94.405 | Quarterly Revenue Growth 0.001 |
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.