WLKP Stock | | | USD 23.00 0.14 0.61% |
Westlake Chemical financial indicator trend analysis is more than just analyzing Westlake Chemical current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Westlake Chemical is a good investment. Please check the relationship between Westlake Chemical Total Revenue and its Long Term Debt accounts. 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.
Total Revenue vs Long Term Debt
Total Revenue vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Westlake Chemical Total Revenue account and
Long Term Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Westlake Chemical's Total Revenue and Long Term Debt is -0.83. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Westlake Chemical Partners, assuming nothing else is changed. The correlation between historical values of Westlake Chemical's Total Revenue and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Westlake Chemical Partners are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Total Revenue i.e., Westlake Chemical's Total Revenue and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.83 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Total Revenue
Total revenue comprises all receipts Westlake Chemical generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Long Term Debt
Long-term debt is a debt that Westlake Chemical has held for over one year. Long-term debt appears on Westlake Chemical Partners balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Westlake Chemical Partners balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Westlake Chemical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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.As of 01/02/2025,
Selling General Administrative is likely to drop to about 26.9
M. In addition to that,
Tax Provision is likely to drop to about 592.8
KWestlake Chemical fundamental ratios Correlations
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Westlake Chemical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Westlake Chemical fundamental ratios Accounts