WLKP
Price:
$22.6
Market Cap:
$796.56M
Westlake Chemical Partners LP concentrates on acquiring, developing, and operating facilities dedicated to ethylene production, along with related infrastructure, throughout the United States. These plants primarily function by converting ethane into ethylene. Furthermore, the partnership distributes a range of chemical co-products—such as propylene, crude butadiene, pyrolysis gasoline, and hydrogen—directly to external buyers, conducting these sales through either immediate spot transactions or established contractual agreements. Westlake Chemical Partners GP LLC serves as the entity's general partner. The company was founded in 2014 and its corporate headquarters are located in Houston, Te...[Read more]
Industry
Chemicals
IPO Date
2014-07-30
Stock Exchange
NYSE
Ticker
WLKP
According to Westlake Chemical Partners LP’s latest financial reports and current stock price. The company's current Current Ratio is 3.65. This represents a change of 33.12% compared to the average of 2.74 of the last 4 quarters.
The mean historical Current Ratio of Westlake Chemical Partners LP over the last ten years is 4.72. The current 3.65 Current Ratio has changed 7.63% with respect to the historical average. Over the past ten years (40 quarters), WLKP's Current Ratio was at its highest in in the March 2019 quarter at 9.07. The Current Ratio was at its lowest in in the March 2022 quarter at 0.61.
Average
4.72
Median
4.71
Minimum
2.63
Maximum
6.62
Discovering the peaks and valleys of Westlake Chemical Partners LP Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 57.39%
Maximum Annual Current Ratio = 6.62
Minimum Annual Increase = -60.24%
Minimum Annual Current Ratio = 2.63
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 2.80 | -35.71% |
| 2024 | 4.35 | 8.36% |
| 2023 | 4.02 | 9.36% |
| 2022 | 3.67 | 39.44% |
| 2021 | 2.63 | -60.24% |
| 2020 | 6.62 | 7.93% |
| 2019 | 6.14 | 21.11% |
| 2018 | 5.07 | -11.88% |
| 2017 | 5.75 | -6.43% |
| 2016 | 6.15 | 57.39% |
The current Current Ratio of Westlake Chemical Partners LP (WLKP) is less than than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
3.72
5-year avg
3.49
10-year avg
4.72
Westlake Chemical Partners LP’s Current Ratio is greater than Green Plains Inc. (1.71), greater than Cementos Pacasmayo S.A.A. (1.17), greater than Oil-Dri Corporation of America (3.28), greater than LSB Industries, Inc. (3.07), greater than AdvanSix Inc. (1.23), less than Lightwave Logic, Inc. (33.99), greater than Tronox Holdings plc (2.42), greater than Kronos Worldwide, Inc. (3.18), less than Lithium Argentina AG (9.16), greater than Graphjet Technology (0.02),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.71 | $1.04B | |
| 1.17 | $1.09B | |
| 3.28 | $1.32B | |
| 3.07 | $818.66M | |
| 1.23 | $535.41M | |
| 33.99 | $1.51B | |
| 2.42 | $1.18B | |
| 3.18 | $786.96M | |
| 9.16 | $1.49B | |
| 0.02 | $7.35M |
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