Westlake Balance Sheet Health
Financial Health criteria checks 4/6
Westlake has a total shareholder equity of $10.8B and total debt of $4.9B, which brings its debt-to-equity ratio to 45.6%. Its total assets and total liabilities are $21.0B and $10.3B respectively. Westlake's EBIT is $1.2B making its interest coverage ratio 20.2. It has cash and short-term investments of $3.3B.
Key information
45.6%
Debt to equity ratio
US$4.91b
Debt
| Interest coverage ratio | 20.2x |
| Cash | US$3.30b |
| Equity | US$10.76b |
| Total liabilities | US$10.27b |
| Total assets | US$21.04b |
Recent financial health updates
Is Westlake (NYSE:WLK) Using Too Much Debt?
Apr 05
Is Westlake (NYSE:WLK) Using Too Much Debt?
Nov 24We Think Westlake (NYSE:WLK) Can Stay On Top Of Its Debt
Aug 18These 4 Measures Indicate That Westlake (NYSE:WLK) Is Using Debt Reasonably Well
Apr 29We Think Westlake (NYSE:WLK) Can Stay On Top Of Its Debt
Jan 19Westlake (NYSE:WLK) Has A Pretty Healthy Balance Sheet
Oct 11Recent updates
Is Westlake (NYSE:WLK) Using Too Much Debt?
Apr 05Estimating The Fair Value Of Westlake Corporation (NYSE:WLK)
Mar 18Little Excitement Around Westlake Corporation's (NYSE:WLK) Earnings
Feb 05Westlake Corp. And Its Real Value
Dec 18Calculating The Fair Value Of Westlake Corporation (NYSE:WLK)
Dec 12Is Westlake (NYSE:WLK) Using Too Much Debt?
Nov 24Is Now The Time To Look At Buying Westlake Corporation (NYSE:WLK)?
Nov 05Westlake Corporation: Executing Well Under Tough Economic Conditions
Oct 23An Intrinsic Calculation For Westlake Corporation (NYSE:WLK) Suggests It's 41% Undervalued
Sep 08Westlake: Why The Company Is Overvalued Here
Aug 22We Think Westlake (NYSE:WLK) Can Stay On Top Of Its Debt
Aug 18Westlake's (NYSE:WLK) Dividend Will Be Increased To $0.50
Aug 18Is It Too Late To Consider Buying Westlake Corporation (NYSE:WLK)?
Jul 31Westlake Corporation: Deep Value For Long-Term Investors
Jun 09Are Investors Undervaluing Westlake Corporation (NYSE:WLK) By 35%?
Jun 05These 4 Measures Indicate That Westlake (NYSE:WLK) Is Using Debt Reasonably Well
Apr 29Is Now An Opportune Moment To Examine Westlake Corporation (NYSE:WLK)?
Apr 11An Intrinsic Calculation For Westlake Corporation (NYSE:WLK) Suggests It's 27% Undervalued
Feb 20Westlake Corporation declares $0.357 dividend
Feb 17Here's Why Westlake (NYSE:WLK) Has Caught The Eye Of Investors
Feb 03We Think Westlake (NYSE:WLK) Can Stay On Top Of Its Debt
Jan 19Westlake Chemicals: Better Than I Thought, But Still A 'Hold' For 2023
Jan 13Is Now The Time To Look At Buying Westlake Corporation (NYSE:WLK)?
Jan 04Westlake Corporation declares $0.357 dividend
Nov 11Westlake Corporation: Shares Priced Cheaply With Momentum Ahead Of Earnings Thursday
Nov 02If EPS Growth Is Important To You, Westlake (NYSE:WLK) Presents An Opportunity
Oct 29Westlake, MillerKnoll jump postmarket on index changes
Oct 13Westlake (NYSE:WLK) Has A Pretty Healthy Balance Sheet
Oct 11What Does Westlake Corporation's (NYSE:WLK) Share Price Indicate?
Sep 23Westlake: Better Living Through Chemicals
Aug 21Westlake (NYSE:WLK) Is Increasing Its Dividend To $0.357
Aug 18Westlake Corporation raises dividend by 20% to $0.357
Aug 13With EPS Growth And More, Westlake (NYSE:WLK) Makes An Interesting Case
Jul 18Is Westlake (NYSE:WLK) Using Too Much Debt?
Jun 30Westlake: Despite Expected Slowdown, Stock Is Priced At 10x FCF
Jun 09At US$133, Is Westlake Corporation (NYSE:WLK) Worth Looking At Closely?
Jun 07Westlake Chemical: A Record Q1 And A 58.6% Dividend Boost
May 04Westlake (NYSE:WLK) Could Easily Take On More Debt
Mar 21Financial Position Analysis
Short Term Liabilities: WLK's short term assets ($6.6B) exceed its short term liabilities ($2.8B).
Long Term Liabilities: WLK's short term assets ($6.6B) do not cover its long term liabilities ($7.5B).
Debt to Equity History and Analysis
Debt Level: WLK's net debt to equity ratio (14.9%) is considered satisfactory.
Reducing Debt: WLK's debt to equity ratio has increased from 43.9% to 45.6% over the past 5 years.
Debt Coverage: WLK's debt is well covered by operating cash flow (47.6%).
Interest Coverage: WLK's interest payments on its debt are well covered by EBIT (20.2x coverage).