Westlake Chemical Corporation (WLK) - Total Assets
Based on the latest financial reports, Westlake Chemical Corporation (WLK) holds total assets worth $19.71 Billion USD as of March 2026. 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. Explore debt repayment capacity of Westlake Chemical Corporation to assess how comfortably operating cash covers total debt obligations.
Westlake Chemical Corporation - Total Assets Trend (1999–2025)
This chart illustrates how Westlake Chemical Corporation's total assets have evolved over time, based on quarterly financial data. See what is Westlake Chemical Corporation's book value for net asset value and shareholders' equity analysis.
Westlake Chemical Corporation - Asset Composition Analysis
Current Asset Composition (December 2025)
Westlake Chemical Corporation's total assets of $19.71 Billion consist of 31.1% current assets and 68.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $2.72 Billion | 13.7% |
| Accounts Receivable | $1.50 Billion | 7.5% |
| Inventory | $1.65 Billion | 8.3% |
| Property, Plant & Equipment | $9.40 Billion | 47.1% |
| Intangible Assets | $1.18 Billion | 5.9% |
| Goodwill | $1.31 Billion | 6.6% |
Asset Composition Trend (1999–2025)
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. For live market cap, price, and company overview, see Westlake Chemical Corporation (WLK) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Westlake Chemical Corporation's current assets represent 31.1% of total assets in 2025, an increase from 0.6% in 1999.
- Cash Position: Cash and equivalents constituted 13.7% of total assets in 2025, up from 0.6% in 1999.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 11.0% of total assets, an increase from 0.0% in 1999.
- Asset Diversification: The largest asset category is property, plant & equipment at 47.1% 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 |
|---|---|---|
|
Sichuan Tianqi Lithium Industries Inc
SHE:002466
|
China | CN¥73.96 Billion |
|
Solstice Advanced Materials, Inc
NASDAQ:SOLS
|
USA | $5.75 Billion |
|
BRENNTAG SE UNSP.ADR/020
F:BNRA
|
Germany | €10.63 Billion |
|
Himadri Speciality Chemical Limited
NSE:HSCL
|
India | Rs63.06 Billion |
|
Shandong Dongyue Organosilicon Mat
SHE:300821
|
China | CN¥6.27 Billion |
|
CLARIANT ADR 1/SF 4
F:CLRS
|
Germany | €5.87 Billion |
|
Luxi Chemical Group Co Ltd
SHE:000830
|
China | CN¥35.95 Billion |
|
Elkem ASA
OL:ELK
|
Norway | Nkr47.48 Billion |
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 | 2.17 | 2.64 | 2.99 |
| Quick Ratio | 1.56 | 1.86 | 2.34 |
| Cash Ratio | 0.00 | 1.01 | 1.24 |
| Working Capital | $3.21 Billion | $3.74 Billion | $2.96 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 | 1.41 |
| Latest Market Cap to Assets Ratio | 0.52 |
| Asset Growth Rate (YoY) | -3.8% |
| Total Assets | $19.96 Billion |
| Market Capitalization | $10.33 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Westlake Chemical Corporation's assets below their book value (0.52x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Westlake Chemical Corporation's assets decreased by 3.8% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Westlake Chemical Corporation (1999–2025)
The table below shows the annual total assets of Westlake Chemical Corporation from 1999 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $19.96 Billion | -3.80% |
| 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 | -- |
About 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. It operates through two segments, Performance and Essential Materials and The Housing and Infrastructure Products. The Performance and Essential Materials segment offers ethylene… Read more