Westlake Balance Sheet Health
Financial Health criteria checks 5/6
Westlake has a total shareholder equity of $11.2B and total debt of $4.6B, which brings its debt-to-equity ratio to 41.3%. Its total assets and total liabilities are $21.1B and $9.9B respectively. Westlake's EBIT is $837.0M making its interest coverage ratio 167.4. It has cash and short-term investments of $2.9B.
Key information
41.3%
Debt to equity ratio
US$4.62b
Debt
| Interest coverage ratio | 167.4x |
| Cash | US$2.92b |
| Equity | US$11.19b |
| Total liabilities | US$9.92b |
| Total assets | US$21.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0LVK's short term assets ($6.5B) exceed its short term liabilities ($2.4B).
Long Term Liabilities: 0LVK's short term assets ($6.5B) do not cover its long term liabilities ($7.6B).
Debt to Equity History and Analysis
Debt Level: 0LVK's net debt to equity ratio (15.2%) is considered satisfactory.
Reducing Debt: 0LVK's debt to equity ratio has reduced from 54.1% to 41.3% over the past 5 years.
Debt Coverage: 0LVK's debt is well covered by operating cash flow (31.5%).
Interest Coverage: 0LVK's interest payments on its debt are well covered by EBIT (167.4x coverage).