Westlake Long Term Debt Total vs Long Term Debt Analysis

WLK Stock  USD 129.16  1.25  0.98%   
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 Long Term Debt Total 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. 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.

Long Term Debt Total vs Long Term Debt

Long Term Debt Total 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 Long Term Debt Total account and Long Term Debt. At this time, the significance of the direction appears to have totally related.
The correlation between Westlake Chemical's Long Term Debt Total and Long Term Debt is 0.99. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Westlake Chemical, assuming nothing else is changed. The correlation between historical values of Westlake Chemical's Long Term Debt Total 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 Long Term Debt Total of Westlake Chemical 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 Long Term Debt Total i.e., Westlake Chemical's Long Term Debt Total and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Long Term Debt Total

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 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 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. 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 Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 241.9 M this year, although Enterprise Value Over EBITDA will most likely fall to 5.65.
 2021 2022 2023 2024 (projected)
Total Revenue11.8B15.8B12.5B13.2B
Depreciation And Amortization840M1.1B1.1B1.2B

Westlake Chemical fundamental ratios Correlations

0.980.820.860.830.260.960.980.630.970.960.980.980.980.990.40.440.970.980.340.980.980.54-0.670.990.99
0.980.710.90.890.30.980.930.610.950.90.941.00.960.960.310.380.910.960.320.920.980.52-0.60.940.98
0.820.710.470.420.140.660.90.490.770.910.880.720.810.870.570.490.930.830.380.920.750.46-0.750.890.77
0.860.90.470.990.320.960.810.660.910.740.770.90.870.810.130.280.750.820.190.760.870.44-0.330.810.89
0.830.890.420.990.360.950.770.650.890.710.740.880.840.770.090.260.710.790.220.720.840.44-0.290.770.86
0.260.30.140.320.360.370.190.210.230.190.260.280.30.220.030.020.190.280.430.20.280.090.350.210.22
0.960.980.660.960.950.370.910.620.960.860.890.970.970.920.250.40.880.940.310.890.960.56-0.480.920.97
0.980.930.90.810.770.190.910.650.970.970.970.930.970.980.440.460.990.950.330.990.930.53-0.71.00.96
0.630.610.490.660.650.210.620.650.680.660.650.610.610.610.490.360.590.560.250.60.510.3-0.330.620.61
0.970.950.770.910.890.230.960.970.680.910.940.950.980.950.360.420.930.940.290.930.950.54-0.590.960.97
0.960.90.910.740.710.190.860.970.660.910.980.910.930.970.490.490.980.940.420.980.890.5-0.770.980.93
0.980.940.880.770.740.260.890.970.650.940.980.940.950.990.430.370.970.940.430.980.930.43-0.730.980.95
0.981.00.720.90.880.280.970.930.610.950.910.940.960.970.320.380.910.960.330.930.980.52-0.630.950.98
0.980.960.810.870.840.30.970.970.610.980.930.950.960.970.390.490.960.980.310.960.980.61-0.60.980.98
0.990.960.870.810.770.220.920.980.610.950.970.990.970.970.440.440.980.970.360.990.960.52-0.730.990.97
0.40.310.570.130.090.030.250.440.490.360.490.430.320.390.440.780.470.470.070.460.270.47-0.470.440.32
0.440.380.490.280.260.020.40.460.360.420.490.370.380.490.440.780.50.570.080.490.380.83-0.350.480.42
0.970.910.930.750.710.190.880.990.590.930.980.970.910.960.980.470.50.960.331.00.930.55-0.730.990.95
0.980.960.830.820.790.280.940.950.560.940.940.940.960.980.970.470.570.960.340.970.970.66-0.650.970.97
0.340.320.380.190.220.430.310.330.250.290.420.430.330.310.360.070.080.330.340.360.280.2-0.280.340.31
0.980.920.920.760.720.20.890.990.60.930.980.980.930.960.990.460.491.00.970.360.930.54-0.731.00.95
0.980.980.750.870.840.280.960.930.510.950.890.930.980.980.960.270.380.930.970.280.930.55-0.60.950.98
0.540.520.460.440.440.090.560.530.30.540.50.430.520.610.520.470.830.550.660.20.540.55-0.320.540.59
-0.67-0.6-0.75-0.33-0.290.35-0.48-0.7-0.33-0.59-0.77-0.73-0.63-0.6-0.73-0.47-0.35-0.73-0.65-0.28-0.73-0.6-0.32-0.7-0.64
0.990.940.890.810.770.210.921.00.620.960.980.980.950.980.990.440.480.990.970.341.00.950.54-0.70.97
0.990.980.770.890.860.220.970.960.610.970.930.950.980.980.970.320.420.950.970.310.950.980.59-0.640.97
Click cells to compare fundamentals

Westlake Chemical Account Relationship Matchups

Westlake Chemical fundamental ratios 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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.