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Westlake (Westlake) Net Cash per Share : $-58.42 (As of Dec. 2023)


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What is Westlake Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Westlake's Net Cash per Share for the quarter that ended in Dec. 2023 was $-58.42.

The historical rank and industry rank for Westlake's Net Cash per Share or its related term are showing as below:

WLK's Price-to-Net-Cash is not ranked *
in the Chemicals industry.
Industry Median: 8.52
* Ranked among companies with meaningful Price-to-Net-Cash only.

Westlake Net Cash per Share Historical Data

The historical data trend for Westlake's Net Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Westlake Net Cash per Share Chart

Westlake Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -51.98 -50.68 -67.20 -65.88 -58.42

Westlake Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -65.88 -63.47 -60.77 -59.20 -58.42

Competitive Comparison of Westlake's Net Cash per Share

For the Specialty Chemicals subindustry, Westlake's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Westlake's Price-to-Net-Cash Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Westlake's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Westlake's Price-to-Net-Cash falls into.



Westlake Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Westlake's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(3304-10271-523)/128.212
=-58.42

Westlake's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(3304-10271-523)/128.212
=-58.42

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Westlake  (NYSE:WLK) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Westlake Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Westlake's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Westlake (Westlake) Business Description

Traded in Other Exchanges
Address
2801 Post Oak Boulevard, Suite 600, Houston, TX, USA, 77056
Westlake Corp is a manufacturer and global supplier of chemicals, polymers and building products. Its Performance and Essential Materials segment offers a wide range of essential building blocks for making products utilized in everyday living, including olefins, vinyl chemicals, polyethylene, and epoxies. Its Housing and Infrastructure Products segment produces key finished goods for building products, pipe and fittings, and global compounds businesses.
Executives
Robert F. Buesinger officer: Sr. Vice President, Vinyls 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
David Tsung-hung Chao director, 10 percent owner 1000 UPTOWN PARK BLVD. #34, HOUSTON TX 77056
Kimberly S Lubel director P.O. BOX 696000, SAN ANTONIO TX 78269-6000
Johnathan Stevan Zoeller officer: VP and CAO 2801 POST OAK BLVD., SUITE 600, HOUSTON TX 77056
Thomas J. Janssens officer: SVP, Ops - PEM & Corp Logistic 2801 POST OAK BLVD., SUITE 600, HOUSTON TX 77056
Catherine T. Chao director, 10 percent owner 5815 NE 32ND AVE, PORTLAND OR 97211
Carolyn Chao Sabat director, 10 percent owner 3019 CHEVY CHASE DR., HOUSTON TX 77019
Albert Chao director, officer: President and CEO 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
Roger L. Kearns officer: EVP, Vinyls Chemicals 2801 POST OAK BLVD., HOUSTON TX 77056
L. Benjamin Ederington officer: VP, General Counsel, Corp Secy 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
Mark Steven Bender officer: Vice President/Treasurer 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
Lawrence E. Teel officer: Vice President, Olefins 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
Andrew Kenner officer: VP -- Manufacturing 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
Ttwfgp Llc 10 percent owner 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
George J Mangieri officer: Vice President and Controller 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056

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