Westlake Chemical Partners LP (WLKP) - Total Assets
Based on the latest financial reports, Westlake Chemical Partners LP (WLKP) holds total assets worth $1.24 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. Check WLKP cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Westlake Chemical Partners LP - Total Assets Trend (2012–2025)
This chart illustrates how Westlake Chemical Partners LP's total assets have evolved over time, based on quarterly financial data. Explore long-term investment intensity of Westlake Chemical Partners LP to see how much of total assets are deployed in long-term investments.
Westlake Chemical Partners LP - Asset Composition Analysis
Current Asset Composition (December 2025)
Westlake Chemical Partners LP's total assets of $1.24 Billion consist of 11.4% current assets and 88.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.5% |
| Accounts Receivable | $63.57 Million | 5.1% |
| Inventory | $2.77 Million | 0.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $5.81 Million | 0.5% |
Asset Composition Trend (2012–2025)
This chart illustrates how Westlake Chemical Partners LP'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 market cap of Westlake Chemical Partners LP.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Westlake Chemical Partners LP's current assets represent 11.4% of total assets in 2025, a decrease from 24.0% in 2012.
- Cash Position: Cash and equivalents constituted 3.5% of total assets in 2025, up from 0.0% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 5.1% of total assets.
Westlake Chemical Partners LP Competitors by Total Assets
Key competitors of Westlake Chemical Partners LP based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Levima Advanced Materials Corp
SHE:003022
|
China | CN¥26.17 Billion |
|
Xinfengming Group Co Ltd
SHG:603225
|
China | CN¥67.08 Billion |
|
Methanex Corporation
TO:MX
|
Canada | CA$7.21 Billion |
|
Youngy Co Ltd
SHE:002192
|
China | CN¥5.08 Billion |
|
Suzhou Nanomicro Technology Co Ltd
SHG:688690
|
China | CN¥2.34 Billion |
|
Hunan Boyun New Materials Co Ltd
SHE:002297
|
China | CN¥3.12 Billion |
|
Hubei Heyuan Gas Co Ltd
SHE:002971
|
China | CN¥6.73 Billion |
|
Sinofibers Technology Co Ltd
SHE:300777
|
China | CN¥4.94 Billion |
Westlake Chemical Partners LP - 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 | 3.65 | 1.37 | 6.92 |
| Quick Ratio | 3.57 | 1.35 | 6.82 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $108.11 Million | $60.33 Million | $288.16 Million |
Westlake Chemical Partners LP - Advanced Valuation Insights
This section examines the relationship between Westlake Chemical Partners LP'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 | 3.20 |
| Latest Market Cap to Assets Ratio | 0.63 |
| Asset Growth Rate (YoY) | -2.4% |
| Total Assets | $1.26 Billion |
| Market Capitalization | $796.56 Million USD |
Valuation Analysis
Below Book Valuation: The market values Westlake Chemical Partners LP's assets below their book value (0.63x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Westlake Chemical Partners LP's assets decreased by 2.4% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Westlake Chemical Partners LP (2012–2025)
The table below shows the annual total assets of Westlake Chemical Partners LP from 2012 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $1.26 Billion | -2.44% |
| 2024-12-31 | $1.29 Billion | -2.19% |
| 2023-12-31 | $1.32 Billion | -4.02% |
| 2022-12-31 | $1.37 Billion | -7.34% |
| 2021-12-31 | $1.48 Billion | +9.16% |
| 2020-12-31 | $1.36 Billion | -2.65% |
| 2019-12-31 | $1.39 Billion | -4.70% |
| 2018-12-31 | $1.46 Billion | -3.51% |
| 2017-12-31 | $1.52 Billion | -2.57% |
| 2016-12-31 | $1.56 Billion | +20.53% |
| 2015-12-31 | $1.29 Billion | +17.69% |
| 2014-12-31 | $1.10 Billion | +5.28% |
| 2013-12-31 | $1.04 Billion | +24.75% |
| 2012-12-31 | $834.84 Million | -- |
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