Westlake Chemical Corporation
Westlake Corporation manufactures and markets performance and essential materials, and housing and infrastructure products in the United States, Canada, Germany, China, Mexico, Brazil, France, Italy, and internationally. The Performance and Essential Materials segment offers ethylene, polyethylene, styrene, chlor-alkali, chlorinated derivative products, ethylene dichloride, vinyl chloride monomer… Read more
Westlake Chemical Corporation (WLK) - Total Assets
Latest total assets as of September 2025: $19.81 Billion USD
Based on the latest financial reports, Westlake Chemical Corporation (WLK) holds total assets worth $19.81 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Westlake Chemical Corporation - Total Assets Trend (1999–2024)
This chart illustrates how Westlake Chemical Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Westlake Chemical Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
Westlake Chemical Corporation's total assets of $19.81 Billion consist of 30.0% current assets and 70.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $2.92 Billion | 14.1% |
| Accounts Receivable | $1.48 Billion | 7.2% |
| Inventory | $1.70 Billion | 8.2% |
| Property, Plant & Equipment | $9.43 Billion | 45.5% |
| Intangible Assets | $1.28 Billion | 6.2% |
| Goodwill | $2.03 Billion | 9.8% |
Asset Composition Trend (1999–2024)
This chart illustrates how Westlake Chemical Corporation's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Westlake Chemical Corporation's current assets represent 30.0% of total assets in 2024, an increase from 0.6% in 1999.
- Cash Position: Cash and equivalents constituted 14.1% of total assets in 2024, up from 0.6% in 1999.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 15.0% of total assets, an increase from 0.0% in 1999.
- Asset Diversification: The largest asset category is property, plant & equipment at 45.5% of total assets.
Westlake Chemical Corporation Competitors by Total Assets
Key competitors of Westlake Chemical Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Samhwa Paint
KO:000390
|
Korea | ₩617.09 Billion |
|
DL Holdings CO. LTD.
KO:000210
|
Korea | ₩12.05 Trillion |
|
Norooholdings
KO:000320
|
Korea | ₩1.26 Trillion |
|
Noroo Holdings Co Ltd
KO:000325
|
Korea | ₩1.26 Trillion |
|
Chongqing Sanxia Paints Co Ltd
SHE:000565
|
China | CN¥1.65 Billion |
|
Hengyi Petrochemical Co Ltd
SHE:000703
|
China | CN¥111.51 Billion |
|
Guangdong Xinhui Meida Nylon Co Ltd
SHE:000782
|
China | CN¥3.04 Billion |
|
Luxi Chemical Group Co Ltd
SHE:000830
|
China | CN¥35.95 Billion |
Westlake Chemical Corporation - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Westlake Chemical Corporation generates 0.59x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Westlake Chemical Corporation generates $ 2.90 in net profit.
Westlake Chemical Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.99 | 2.79 | 2.56 |
| Quick Ratio | 1.39 | 2.04 | 1.89 |
| Cash Ratio | 0.67 | 1.24 | 0.00 |
| Working Capital | $2.85 Billion | $ 4.20 Billion | $ 2.12 Billion |
Westlake Chemical Corporation - Advanced Valuation Insights
This section examines the relationship between Westlake Chemical Corporation's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.34 |
| Latest Market Cap to Assets Ratio | 0.18 |
| Asset Growth Rate (YoY) | -1.4% |
| Total Assets | $20.75 Billion |
| Market Capitalization | $3.73 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Westlake Chemical Corporation's assets below their book value (0.18 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Westlake Chemical Corporation's assets decreased by 1.4% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Westlake Chemical Corporation (1999–2024)
The table below shows the annual total assets of Westlake Chemical Corporation from 1999 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $20.75 Billion | -1.35% |
| 2023-12-31 | $21.04 Billion | +2.36% |
| 2022-12-31 | $20.55 Billion | +11.33% |
| 2021-12-31 | $18.46 Billion | +33.42% |
| 2020-12-31 | $13.84 Billion | +4.33% |
| 2019-12-31 | $13.26 Billion | +14.30% |
| 2018-12-31 | $11.60 Billion | -3.93% |
| 2017-12-31 | $12.08 Billion | +10.89% |
| 2016-12-31 | $10.89 Billion | +95.33% |
| 2015-12-31 | $5.58 Billion | +6.93% |
| 2014-12-31 | $5.21 Billion | +28.39% |
| 2013-12-31 | $4.06 Billion | +19.01% |
| 2012-12-31 | $3.41 Billion | +4.45% |
| 2011-12-31 | $3.27 Billion | +10.58% |
| 2010-12-31 | $2.95 Billion | +20.76% |
| 2009-12-31 | $2.45 Billion | +6.97% |
| 2008-12-31 | $2.29 Billion | -10.99% |
| 2007-12-31 | $2.57 Billion | +23.40% |
| 2006-12-31 | $2.08 Billion | +13.95% |
| 2005-12-31 | $1.83 Billion | +14.74% |
| 2004-12-31 | $1.59 Billion | +16.23% |
| 2003-12-31 | $1.37 Billion | +4.65% |
| 2002-12-31 | $1.31 Billion | -4.76% |
| 2000-12-31 | $1.37 Billion | +2.21% |
| 1999-12-31 | $1.34 Billion | -- |