Westlake Chemical Balance Sheet - Annual (NYSE:WLK)

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$95.59 $1.34 (1.38%) WLK stock closing price Aug 17, 2018 (Closing)

A balance sheet is one of the three key financial statements released by a publicly listed company like Westlake Chemical, and helps in stock analysis. How cash on hand has increased or decreased is one of the many indicators used while undertaking the Westlake Chemical stock analysis, and provides insights into the firm's financial performance. A company releases its balance sheet every year along with its annual results. The Westlake Chemical balance sheet for 2017 shows total assets of $12.08B. The company has a asset turnover ratio of 0.78. Also see: Westlake Chemical revenue and Westlake Chemical operating cash flow for the same year.

View latest 10 year balance sheet data to check Westlake Chemical financial performance.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Cash1.53B619.98M662.52M880.6M461.3M790.07M825.9M630.29M245.59M90.23M
Marketable Securities--520.14M-239.38M124.87M----
Receivables1B938.74M508.53M560.66M428.45M400.15M407.37M362.86M339.79M347.32M
Inventory900M801.1M434.06M525.77M471.87M399.29M490.77M450.02M369.41M327.96M
Raw Materials351M300.23M180.72M224.86M239.22M198.35M255.94M236.9M178.57M162.29M
Work In Progress----------
Finished Goods549M500.86M253.33M300.9M232.65M200.94M234.83M220.42M198.09M173.98M
Notes Receivable----------
Other Current Assets30M48.49M49.92M44.24M48.05M37M32.1M32.77M33.57M33.46M
Total Current Assets
3.46B2.41B2.18B2.01B1.65B1.75B1.76B1.48B988.37M798.98M
Property Plant & Equipment8.75B8.34B4.69B4.29B3.47B2.8B2.43B2.27B2.2B2.13B
Accumulated Depreciation2.34B1.92B1.69B1.53B1.38B1.29B1.2B1.1B1.01B927.91M
Net Property Plant & Equipment
6.41B6.42B3B2.76B2.09B1.51B1.23B1.17B1.19B1.2B
Investment & Advances--9.2M61.3M66.87M43.73M46.74M46.31M33.92M30.1M
Other Non-Current Assets----------
Deferred Charges-327.86M173.38M165.41M97.89M58.7M----
Intangibles1.79B1.73B213.4M218.43M159.04M48.29M----
Deposits & Other Assets412M-----231.85M261.53M229.74M260.44M
Total Assets
12.08B10.89B5.58B5.21B4.06B3.41B3.27B2.95B2.45B2.29B
Notes Payable----------
Accounts Payable600M496.25M235.32M261.06M249.61M217.05M227.03M204.77M179.13M112.83M
Current Portion Long-Term Debt710M149.34M--------
Current Portion Capital Leases----------
Accrued Expenses657M537.48M287.31M276.11M155.24M181.46M137.56M118.8M107.43M99.45M
Income Taxes Payable----------
Other Current Liabilities----------
Total Current Liabilities
1.97B1.18B522.64M537.18M404.85M398.51M364.59M323.57M286.56M212.28M
Mortgages----------
Deferred Taxes/Income1.11B1.65B575.6M536.06M437.97M326.29M330.79M315.51M309.61M280.48M
Convertible Debt----------
Long-Term Debt3.13B3.68B764.11M763.99M763.87M763.76M764.56M764.48M515.4M510.31M
Non-Current Capital Leases----------
Other Long-Term Liabilities502M485.89M150.96M174.85M35.59M51.37M50.56M45.49M49.79M44.83M
Total Liabilities
6.71B7B2.01B2.01B1.64B1.54B1.51B1.45B1.16B1.05B
Minority Interest----------
Preferred Stock----------
Common Stock Net1M1.34M1.34M1.34M------
Capital Surplus555M550.64M542.14M530.44M512.1M496.25M467.79M452.7M442.46M435.58M
Retained Earnings4.61B3.41B3.11B2.56B1.95B1.4B1.3B1.06B853.35M814.87M
Treasury Stock302M319.33M258.31M96.37M46.22M13.3M2.51M---
Other Liabilities502M247.11M166.76M210.94M-2.61M-10.84M-9.07M-7.03M-11.5M-12.05M
Shareholders Equity5.37B3.89B3.56B3.2B2.42B1.87B1.76B1.51B1.28B1.24B
Total Liabilities & Shareholders Equity12.08B10.89B5.58B5.21B4.06B3.41B3.27B2.95B2.45B2.29B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Apart from balance sheet items, an investor would do well to keep track of the Westlake Chemical stock price by looking at Westlake Chemical historical stock prices. One can compare PE with industry average by looking at the Westlake Chemical PE ratio chart. The common balance sheet items are:

  • Assets: Anything that the Westlake Chemical company owns and is a part of its books. Assets can be of three types: fixed, current and other assets which includes intangibles, advances. Internet companies typically don't have a lot of assets as there is not much investment in say machinery, equipment etc. Westlake Chemical had total assets of $12.08B.
  • Liabilities: The total liabilities of Westlake Chemical for the year 2017 total to $6.71B. Liabilities for a company like Westlake Chemical include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.

Westlake Chemical Balance Sheet - Key Ratios

Current ratio
2.27
Debt to equity ratio
0.46
Asset turnover ratio
0.78
Receivables turnover
7.55
Price to book ratio
2.44

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