Westlake Total Current Liabilities from 2010 to 2024

WLKP Stock  USD 21.96  0.10  0.46%   
Westlake Chemical Total Current Liabilities yearly trend continues to be relatively stable with very little volatility. Total Current Liabilities is likely to drop to about 55.6 M. Total Current Liabilities is the total amount of liabilities that Westlake Chemical Partners is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. View All Fundamentals
 
Total Current Liabilities  
First Reported
2012-12-31
Previous Quarter
75.6 M
Current Value
56.3 M
Quarterly Volatility
70.5 M
 
Yuan Drop
 
Covid
Check Westlake Chemical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Westlake main balance sheet or income statement drivers, such as Depreciation And Amortization of 104.1 M, Interest Expense of 15 M or Total Revenue of 1.2 B, as well as many exotic indicators such as Price To Sales Ratio of 0.46, Dividend Yield of 0.0827 or PTB Ratio of 1.53. Westlake financial statements analysis is a perfect complement when working with Westlake Chemical Valuation or Volatility modules.
  
This module can also supplement Westlake Chemical's financial leverage analysis and stock options assessment as well as various Westlake Chemical Technical models . Check out the analysis of Westlake Chemical Correlation against competitors.
To learn how to invest in Westlake Stock, please use our How to Invest in Westlake Chemical guide.

Latest Westlake Chemical's Total Current Liabilities Growth Pattern

Below is the plot of the Total Current Liabilities of Westlake Chemical Partners over the last few years. Total Current Liabilities is an item on Westlake Chemical balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Westlake Chemical Partners are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. It is the total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. Westlake Chemical's Total Current Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Westlake Chemical's overall financial position and show how it may be relating to other accounts over time.
Total Current Liabilities10 Years Trend
Slightly volatile
   Total Current Liabilities   
       Timeline  

Westlake Total Current Liabilities Regression Statistics

Arithmetic Mean80,726,284
Geometric Mean67,753,049
Coefficient Of Variation63.36
Mean Deviation44,436,210
Median56,335,000
Standard Deviation51,145,301
Sample Variance2615.8T
Range128.3M
R-Value(0.62)
Mean Square Error1722.4T
R-Squared0.39
Significance0.01
Slope(7,128,954)
Total Sum of Squares36621.8T

Westlake Total Current Liabilities History

202455.6 M
202356.3 M
202266.9 M
2021106.8 M
202039.8 M
201938.8 M
201848.8 M

About Westlake Chemical Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Westlake Chemical income statement, its balance sheet, and the statement of cash flows. Westlake Chemical investors use historical funamental indicators, such as Westlake Chemical's Total Current Liabilities, to determine how well the company is positioned to perform in the future. Although Westlake Chemical investors may use each financial statement separately, they are all related. The changes in Westlake Chemical's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Westlake Chemical's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Westlake Chemical Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Westlake Chemical. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Current Liabilities56.3 M55.6 M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Westlake Chemical in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Westlake Chemical's short interest history, or implied volatility extrapolated from Westlake Chemical options trading.

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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 Partners Stock. Highlighted below are key reports to facilitate an investment decision about Westlake Chemical Partners Stock:
Check out the analysis of Westlake Chemical Correlation against competitors.
To learn how to invest in Westlake Stock, please use our How to Invest in Westlake Chemical guide.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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Is Westlake Chemical's industry 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
(0.15)
Dividend Share
1.886
Earnings Share
1.54
Revenue Per Share
33.806
Quarterly Revenue Growth
(0.19)
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.