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.
 
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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

1.7 Billion

  
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.

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

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.

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.
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 Equity8.0B9.9B10.2B10.8B
Total Assets18.5B20.6B21.0B22.1B

Westlake Chemical balance sheet Correlations

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Click cells to compare fundamentals

Westlake Chemical Account Relationship Matchups

Westlake Chemical balance sheet Accounts

201920202021202220232024 (projected)
Total Assets13.3B13.8B18.5B20.6B21.0B22.1B
Total Stockholder Equity5.9B6.0B8.0B9.9B10.2B10.8B
Net Debt2.7B2.3B3.3B2.7B2.2B2.3B
Cash728M1.3B1.9B2.2B3.3B3.5B
Cash And Short Term Investments728M1.3B1.9B2.2B3.3B3.5B
Common Stock Shares Outstanding128.8M128.1M128.7M128.8M128.6M136.0M
Liabilities And Stockholders Equity13.3B13.8B18.5B20.6B21.0B22.1B
Total Current Assets2.7B3.5B5.3B6.0B6.6B6.9B
Short Long Term Debt Total3.6B3.6B5.2B5.0B5.5B5.8B
Other Current Liab768M821M1.1B(426M)1.6B1.7B
Total Current Liabilities1.2B1.4B2.3B2.3B2.8B2.9B
Other Liab1.8B2.3B2.7B2.4B2.8B2.9B
Property Plant And Equipment Net6.9B6.9B7.6B8.5B9.2B9.7B
Retained Earnings5.8B5.9B7.8B9.9B10.1B10.7B
Accounts Payable473M529M879M870M877M920.9M
Non Current Assets Total10.5B10.4B13.2B14.6B14.4B15.1B
Non Currrent Assets Other3.6B3.4B5.6B(551M)651M933.8M
Other Assets268M2.2B5.6B569M654.4M581.3M
Long Term Debt3.4B3.6B4.9B4.9B4.6B4.8B
Net Receivables1.0B1.2B1.9B1.8B1.6B1.7B
Non Current Liabilities Total5.6B5.9B7.6B7.8B7.5B7.9B
Inventory936M918M1.4B1.9B1.6B1.7B
Other Current Assets42M32M160M78M82M51.5M
Other Stockholder Equity176M168M182M134M195M257.8M
Total Liab6.9B7.3B9.9B10.1B10.3B10.8B
Property Plant And Equipment Gross7.4B6.9B12.3B13.8B14.5B15.2B
Accumulated Other Comprehensive Income(74M)(64M)(36M)(89M)(98M)(93.1M)
Short Term Debt0.0119M7M269M299M215.6M
Property Plant Equipment6.9B6.9B7.6B8.5B9.8B10.3B
Intangible Assets710M612M1.6B1.6B1.4B1.5B
Good Will1.1B1.1B2.0B2.2B2.0B2.1B
Net Tangible Assets4.1B4.8B4.4B6.2B7.1B3.8B
Noncontrolling Interest In Consolidated Entity543M535M573M534M614.1M377.7M
Retained Earnings Total Equity5.8B5.9B7.8B9.9B11.4B11.9B
Long Term Debt Total3.4B3.6B4.9B4.9B5.6B5.9B
Capital Surpluse553M569M581M601M691.2M597.2M

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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:
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.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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.