Westlake Chemical Partners LP

Westlake Chemical Partners LP

WLKP
Westlake Chemical Partners LPUS flagNew York Stock Exchange
22.36
USD
+0.07
- -
788.10MMarket Cap

Total Valuation

Westlake Chemical Partners LP carries a market capitalization of 788.10M, placing it among publicly traded companies globally. Its enterprise value stands at 1.67B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap788.10M
Enterprise Value1.67B

Share Statistics

Westlake Chemical Partners LP currently has 35.25M shares outstanding.

Shares Outstanding35.25M
Owned by Insiders (%)N/A
Owned by Institutions (%)N/A

Valuation Ratios

Westlake Chemical Partners LP trades at a trailing price-to-earnings ratio of 13.47.

PE Ratio13.47
PS Ratio0.63
PB RatioN/A
P/TBV Ratio0.99
P/FCF Ratio1.89
P/OCF Ratio2.26

Enterprise Valuation

On an enterprise value basis, Westlake Chemical Partners LP trades at an EV/EBITDA multiple of 3.78 and an EV/FCF ratio of 3.84. The EV/Sales ratio of 1.35 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 4.65 provides insight into valuation relative to core operating earnings.

EV / Sales1.35
EV / EBITDA3.78
EV / EBIT4.65
EV / FCF3.84

Financial Position

Westlake Chemical Partners LP maintains a current ratio of 3.65, meaning it holds 3.6x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 50.44, indicating elevated leverage, while an interest coverage ratio of 19.68 demonstrates strong ability to service its debt obligations.

Current Ratio3.65
Quick Ratio3.57
Debt / Equity50.44
Debt / EBITDA0.90
Interest Coverage19.68

Financial Efficiency

Return on Equity (ROE)N/A
Return on Assets (ROA)4.44
Return on Invested Capital (ROIC)29.98
Return on Capital Employed (ROCE)-21.31
Revenue Per EmployeeN/A
Employee CountN/A
Inventory Turnover290.84

Taxes

Over the trailing twelve months, Westlake Chemical Partners LP has paid 617,000.00 in income taxes, reflecting an effective tax rate of 0.18.

Income Tax617,000.00
Effective Tax Rate0.18

Stock Price Statistics

Westlake Chemical Partners LP's stock has declined approximately -0.17857143% over the past 52 weeks. The 50-day moving average sits at 22.88, while the 200-day moving average is 21.18.

Beta (5Y)N/A
52-Week Price Change-0.17857143%
50-Day Moving Average22.88
200-Day Moving Average21.18
Average Volume (20 Days)N/A

Income Statement

Over the trailing twelve months, Westlake Chemical Partners LP generated 1.23B in revenue and converted that into 57.92M in net income, yielding earnings per share of 9.57. EBITDA reached 441.83M, while operating income came in at 359.54M.

Revenue1.23B
Gross Profit387.53M
Operating Income359.54M
Pretax Income338.54M
Net Income57.92M
EBITDA441.83M
EBIT359.54M
Earnings Per Share (EPS)9.57

Balance Sheet

Westlake Chemical Partners LP holds 44.29M in cash and equivalents against 399.67M in total debt, resulting in a net debt position of 355.38M.

Cash & Cash Equivalents44.29M
Total Debt399.67M
Net Debt355.38M
Equity (Book Value)N/A
Book Value Per ShareN/A
Working Capital108.11M

Cash Flow

Westlake Chemical Partners LP produced 344.89M in operating cash flow over the past twelve months. After subtracting -68.42M in capital expenditures, free cash flow totaled 276.47M - equivalent to 7.83 per share.

Operating Cash Flow344.89M
Capital Expenditures-68.42M
Free Cash Flow276.47M
FCF Per Share7.83

Margins

Westlake Chemical Partners LP operates with a gross margin of 31.39, reflecting its pricing power and cost economics. The operating margin of 29.12 and net profit margin of 4.69 provide insight into operational efficiency.

Gross Margin31.39
Operating Margin29.12
Pretax Margin27.42
Profit Margin4.69
EBITDA Margin35.78

Dividends & Yields

The company's payout ratio of 10.75 indicates the proportion of earnings distributed to shareholders.

Dividend Per Share1.88
Dividend YieldN/A
Payout Ratio10.75
Shareholder Yield44.71
FCF Yield52.97

Scores

Westlake Chemical Partners LP posts an Altman Z-Score of 3.13, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score3.13