Westlake Chemical Partners LP - Asset Resilience Ratio

Latest as of December 2022: 4.74%

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.

Liquid Assets

$65.00 Million
Cash + Short-term Investments

Total Assets

$1.37 Billion
All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2014–2022)

This chart shows how Westlake Chemical Partners LP's Asset Resilience Ratio has changed over time. Check asset allocation strategy of Westlake Chemical Partners LP to assess the company's strategic physical and investment asset allocation.

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 market capitalisation and broader financial context, see how much is Westlake Chemical Partners LP worth.

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
Inner Mongolia Junzheng Energy & Chemical Group Co Ltd
SHG:601216
Chemicals 0.07%
Jinan Shengquan Group Share Holding Co Ltd
SHG:605589
Chemicals 0.07%
Shenzhen Senior Technology Material Co Ltd
SHE:300568
Chemicals 0.92%
CNNC Hua Yuan Titanium Dioxide Co Ltd
SHE:002145
Chemicals 0.26%
Shandong Shida Shenghua Chem
SHG:603026
Chemicals 0.06%
Snowsky Salt Industry Group Co Ltd
SHG:600929
Chemicals 0.00%
Anhui Hwasu Co.Ltd.
SHG:600935
Chemicals 3.81%
Hubei Jianghan New Materials Co. Ltd. A
SHG:603281
Chemicals 0.57%

Annual Asset Resilience Ratio for Westlake Chemical Partners LP (2014–2022)

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 --
pp = percentage points

About Westlake Chemical Partners LP

NYSE:WLKP USA Chemicals
Market Cap
$749.68 Million
Market Cap Rank
#10181 Global
#2715 in USA
Share Price
$21.27
Change (1 day)
-0.14%
52-Week Range
$17.87 - $23.72
All Time High
$24.90
About

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