Westlake Balance Sheet Health
Financial Health criteria checks 4/6
Westlake has a total shareholder equity of $10.9B and total debt of $4.9B, which brings its debt-to-equity ratio to 45.1%. Its total assets and total liabilities are $21.0B and $10.1B respectively. Westlake's EBIT is $920.0M making its interest coverage ratio 15.6. It has cash and short-term investments of $3.1B.
Key information
45.1%
Debt to equity ratio
US$4.89b
Debt
Interest coverage ratio | 15.6x |
Cash | US$3.11b |
Equity | US$10.85b |
Total liabilities | US$10.11b |
Total assets | US$20.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UEO's short term assets ($6.5B) exceed its short term liabilities ($2.7B).
Long Term Liabilities: UEO's short term assets ($6.5B) do not cover its long term liabilities ($7.5B).
Debt to Equity History and Analysis
Debt Level: UEO's net debt to equity ratio (16.4%) is considered satisfactory.
Reducing Debt: UEO's debt to equity ratio has increased from 43.5% to 45.1% over the past 5 years.
Debt Coverage: UEO's debt is well covered by operating cash flow (40.8%).
Interest Coverage: UEO's interest payments on its debt are well covered by EBIT (15.6x coverage).