Westlake Chemical Partners LP Asset Resilience Ratio
Westlake Chemical Partners LP asset resilience ratio. Westlake Chemical Partners LP (WLKP) has an Asset Resilience Ratio of 4.74% as of December 2022. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. See Westlake Chemical Partners LP (WLKP) liquidity interval to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Westlake Chemical Partners LP (2014–2022)
Asset resilience ratio of Westlake Chemical Partners LP from 2014 to 2022. This chart shows how Westlake Chemical Partners LP's Asset Resilience Ratio has changed over time. Read WLKP liabilities breakdown for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Westlake Chemical Partners LP's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see Westlake Chemical Partners LP total assets.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $65.00 Million | 4.74% |
| Total Liquid Assets | $65.00 Million | 4.74% |
Asset Resilience Insights
- Limited Liquidity: Westlake Chemical Partners LP maintains only 4.74% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Westlake Chemical Partners LP Industry Peers by Asset Resilience Ratio
Compare Westlake Chemical Partners LP's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Cathay Biotech Inc
SHG:688065 |
Chemicals | 0.00% |
|
Dongyue Group Limited
F:4D3 |
Chemicals | 1.59% |
|
Shandong Shida Shenghua Chem
SHG:603026 |
Chemicals | 0.04% |
|
Yuanli Chemical Group Co Ltd
SHG:603217 |
Chemicals | 3.94% |
|
Nanjing Chemical Fibre Co Ltd
SHG:600889 |
Chemicals | 5.71% |
|
Yunnan Yunwei Co Ltd Class A
SHG:600725 |
Chemicals | 5.66% |
|
Jiangxi Chen Guang New Materials Co Ltd
SHG:605399 |
Chemicals | 3.36% |
|
Shaanxi Xinghua Chemistry Co Ltd
SHE:002109 |
Chemicals | 0.00% |
Westlake Chemical Partners LP Asset Resilience Ratio by Year (2014–2022)
Westlake Chemical Partners LP asset resilience ratio by year from 2014 to 2022. The table below shows the annual Asset Resilience Ratio data for Westlake Chemical Partners LP.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-12-31 | 4.74% | $65.00 Million | $1.37 Billion | -2.44pp |
| 2021-12-31 | 7.18% | $106.24 Million | $1.48 Billion | -1.91pp |
| 2020-12-31 | 9.08% | $123.23 Million | $1.36 Billion | -2.60pp |
| 2019-12-31 | 11.68% | $162.77 Million | $1.39 Billion | +1.49pp |
| 2018-12-31 | 10.19% | $148.96 Million | $1.46 Billion | +1.18pp |
| 2017-12-31 | 9.01% | $136.51 Million | $1.52 Billion | -- |
| 2016-12-31 | 0.00% | $0.00 | $1.56 Billion | -- |
| 2015-12-31 | 0.00% | $0.00 | $1.29 Billion | -- |
| 2014-12-31 | 0.00% | $0.00 | $1.10 Billion | -- |
About Westlake Chemical Partners LP
Westlake Chemical Partners LP acquires, develops, and operates ethylene production facilities and related assets in the United States. It's ethylene production facilities which primarily convert ethane into ethylene. The company also sells ethylene co-products, such as propylene, crude butadiene, pyrolysis gasoline, and hydrogen directly to third parties on either a spot or contract basis. It ser… Read more