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GuruFocus has detected 3 Warning Signs with Westlake Chemical Corp $WLK.
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Westlake Chemical Corp (NYSE:WLK)
Non-Recurring Items
$54 Mil (TTM As of Mar. 2017)

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Westlake Chemical Corp's non-recurring items for the three months ended in Mar. 2017 was $5 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Mar. 2017 was $54 Mil.

As of today, Westlake Chemical Corp's share price is $62.58. Westlake Chemical Corp's earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2017 was $3.18. Therefore, Westlake Chemical Corp's P/E (NRI) ratio for today is 19.68.


Definition

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Examples of NRI include gains (losses) from plant shutdown, lease-breaking fees, lawsuit, write-offs, write-downs, restructuring costs or sales of an investment, discontinued operations etc.

NRI can impact a company’s reported income drastically.

Westlake Chemical Corp Non-Recurring Items for the trailing twelve months (TTM) ended in Mar. 2017 was 5.097 (Jun. 2016 ) + 40.728 (Sep. 2016 ) + 2.785 (Dec. 2016 ) + 5.071 (Mar. 2017 ) = $54 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

GuruFocus lists a P/E (NRI), which is the price/earnings before NRI. We believe it more accurately reflects the valuation of the company.

Westlake Chemical Corp's P/E (NRI) Ratio for today is calculated as

Westlake Chemical Corp's Share Price of today is $62.58.
Westlake Chemical Corp's Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Mar. 2017 was 0.85 (Jun. 2016 ) + 0.51 (Sep. 2016 ) + 0.76 (Dec. 2016 ) + 1.06 (Mar. 2017 ) = $3.18.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Net Income, P/E (NRI)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Westlake Chemical Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Non Operating Income -05533134-63248

Westlake Chemical Corp Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
Non Operating Income -892112354135
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