Westlake Revenue Per Share vs Cost Of Revenue Analysis

WLK Stock  USD 149.51  2.74  1.80%   
Westlake Chemical financial indicator trend analysis is more than just analyzing Westlake Chemical current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Westlake Chemical is a good investment. Please check the relationship between Westlake Chemical Revenue Per Share and its Cost Of Revenue accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westlake Chemical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Westlake Stock please use our How to buy in Westlake Stock guide.

Revenue Per Share vs Cost Of Revenue

Revenue Per Share vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Westlake Chemical Revenue Per Share account and Cost Of Revenue. At this time, the significance of the direction appears to have totally related.
The correlation between Westlake Chemical's Revenue Per Share and Cost Of Revenue is 0.99. Overlapping area represents the amount of variation of Revenue Per Share that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Westlake Chemical, assuming nothing else is changed. The correlation between historical values of Westlake Chemical's Revenue Per Share and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Revenue Per Share of Westlake Chemical are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Revenue Per Share i.e., Westlake Chemical's Revenue Per Share and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Revenue Per Share

The amount of revenue generated by a company per share of stock, calculated by dividing total revenue by the average number of shares outstanding.

Cost Of Revenue

Cost of Revenue is found on Westlake Chemical income statement and represents the costs associated with goods and services Westlake Chemical provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Westlake Chemical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Westlake Chemical current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westlake Chemical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Westlake Stock please use our How to buy in Westlake Stock guide.At this time, Westlake Chemical's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 241.9 M this year, although Enterprise Value Over EBITDA will most likely fall to 7.80.
 2021 2022 2023 2024 (projected)
Total Revenue11.8B15.8B12.5B13.2B
Depreciation And Amortization914M1.2B1.1B1.2B

Westlake Chemical fundamental ratios Correlations

0.980.690.860.830.260.960.960.630.970.960.970.980.80.990.270.440.970.980.340.980.980.65-0.670.990.99
0.980.560.90.890.30.980.90.610.950.90.921.00.840.960.180.380.910.960.320.920.980.68-0.60.940.98
0.690.560.270.220.080.490.820.320.620.80.80.570.220.750.590.510.830.730.370.810.620.39-0.740.770.62
0.860.90.270.990.320.960.760.660.910.740.740.90.940.81-0.030.280.750.820.190.760.870.6-0.330.810.89
0.830.890.220.990.360.950.720.650.890.710.70.880.930.77-0.070.260.710.790.220.720.840.61-0.290.770.86
0.260.30.080.320.360.370.180.210.230.190.250.280.230.22-0.010.020.190.280.430.20.280.160.350.210.22
0.960.980.490.960.950.370.880.620.960.860.870.970.870.920.110.40.880.940.310.890.960.7-0.480.920.97
0.960.90.820.760.720.180.880.620.950.970.970.90.710.970.370.51.00.960.330.990.920.58-0.710.990.94
0.630.610.320.660.650.210.620.620.680.670.610.610.780.620.360.40.590.570.240.60.510.26-0.330.630.62
0.970.950.620.910.890.230.960.950.680.910.920.950.850.950.220.420.930.940.290.930.950.62-0.590.960.97
0.960.90.80.740.710.190.860.970.670.910.980.910.720.970.380.490.980.940.420.980.890.55-0.770.980.93
0.970.920.80.740.70.250.870.970.610.920.980.930.70.990.350.390.970.940.440.980.920.54-0.750.980.93
0.981.00.570.90.880.280.970.90.610.950.910.930.830.970.180.380.910.960.330.930.980.67-0.630.950.98
0.80.840.220.940.930.230.870.710.780.850.720.70.830.76-0.120.150.70.710.180.710.790.52-0.330.760.84
0.990.960.750.810.770.220.920.970.620.950.970.990.970.760.320.440.980.970.360.990.960.62-0.730.990.97
0.270.180.59-0.03-0.07-0.010.110.370.360.220.380.350.18-0.120.320.760.370.360.060.350.150.03-0.420.320.18
0.440.380.510.280.260.020.40.50.40.420.490.390.380.150.440.760.50.570.080.490.380.47-0.350.480.42
0.970.910.830.750.710.190.881.00.590.930.980.970.910.70.980.370.50.960.331.00.930.6-0.730.990.95
0.980.960.730.820.790.280.940.960.570.940.940.940.960.710.970.360.570.960.340.970.970.7-0.650.970.97
0.340.320.370.190.220.430.310.330.240.290.420.440.330.180.360.060.080.330.340.360.280.34-0.280.340.31
0.980.920.810.760.720.20.890.990.60.930.980.980.930.710.990.350.491.00.970.360.930.6-0.731.00.95
0.980.980.620.870.840.280.960.920.510.950.890.920.980.790.960.150.380.930.970.280.930.7-0.60.950.98
0.650.680.390.60.610.160.70.580.260.620.550.540.670.520.620.030.470.60.70.340.60.7-0.350.620.71
-0.67-0.6-0.74-0.33-0.290.35-0.48-0.71-0.33-0.59-0.77-0.75-0.63-0.33-0.73-0.42-0.35-0.73-0.65-0.28-0.73-0.6-0.35-0.7-0.64
0.990.940.770.810.770.210.920.990.630.960.980.980.950.760.990.320.480.990.970.341.00.950.62-0.70.97
0.990.980.620.890.860.220.970.940.620.970.930.930.980.840.970.180.420.950.970.310.950.980.71-0.640.97
Click cells to compare fundamentals

Westlake Chemical Account Relationship Matchups

Westlake Chemical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.3B13.8B18.5B20.6B21.0B22.1B
Total Stockholder Equity5.9B6.0B8.0B9.9B10.2B10.8B
Net Debt2.7B2.3B3.3B2.7B1.6B1.1B
Cash728M1.3B1.9B2.2B3.3B3.5B
Cash And Short Term Investments728M1.3B1.9B2.2B3.3B3.5B
Common Stock Shares Outstanding128.8M128.1M128.7M128.8M128.6M136.0M
Liabilities And Stockholders Equity13.3B13.8B18.5B20.6B21.0B22.1B
Total Current Assets2.7B3.5B5.3B6.0B6.6B6.9B
Short Long Term Debt Total3.4B3.6B5.2B4.9B4.9B5.2B
Other Current Liab768M821M1.2B(426M)1.6B1.7B
Total Current Liabilities1.2B1.4B2.3B2.3B2.8B2.9B
Other Liab1.8B2.3B2.7B2.4B2.8B2.9B
Property Plant And Equipment Net6.9B6.9B7.6B8.5B8.5B8.9B
Retained Earnings5.8B5.9B7.8B9.9B10.1B10.7B
Accounts Payable473M529M864M870M2.5B2.6B
Non Current Assets Total10.5B10.4B13.2B14.6B14.4B15.1B
Non Currrent Assets Other3.6B3.4B5.6B(551M)(212M)(201.4M)
Other Assets268M2.2B5.6B569M654.4M581.3M
Long Term Debt3.4B3.6B4.9B4.9B4.6B4.8B
Net Receivables1.0B1.2B1.9B1.8B1.6B1.7B
Non Current Liabilities Total5.6B5.9B7.6B7.8B7.5B7.9B
Inventory936M918M1.4B1.9B1.6B1.7B
Other Current Assets42M32M80M78M82M47.5M
Other Stockholder Equity176M168M182M134M195M257.8M
Total Liab6.9B7.3B9.9B10.1B10.3B10.8B
Property Plant And Equipment Gross7.4B6.9B12.3B13.8B14.5B15.2B
Accumulated Other Comprehensive Income(74M)(64M)(36M)(89M)(98M)(93.1M)
Short Term Debt0.0119M7M269M299M215.6M
Property Plant Equipment6.9B6.9B7.6B8.5B9.8B10.3B
Intangible Assets710M612M1.6B1.6B1.4B1.5B
Good Will1.1B1.1B2.0B2.2B2.0B2.1B
Net Tangible Assets4.1B4.8B4.4B6.2B7.1B3.8B
Noncontrolling Interest In Consolidated Entity543M535M573M534M614.1M377.7M
Retained Earnings Total Equity5.8B5.9B7.8B9.9B11.4B11.9B
Long Term Debt Total3.4B3.6B4.9B4.9B5.6B5.9B
Capital Surpluse553M569M581M601M691.2M597.2M

Westlake Chemical Investors Sentiment

The influence of Westlake Chemical's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Westlake. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Westlake Chemical's public news can be used to forecast risks associated with an investment in Westlake. The trend in average sentiment can be used to explain how an investor holding Westlake can time the market purely based on public headlines and social activities around Westlake Chemical. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Westlake Chemical's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Westlake Chemical's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Westlake Chemical's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Westlake Chemical.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Westlake Chemical in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Westlake Chemical's short interest history, or implied volatility extrapolated from Westlake Chemical options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Westlake Chemical is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Westlake Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Westlake Chemical Stock. Highlighted below are key reports to facilitate an investment decision about Westlake Chemical Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westlake Chemical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Westlake Stock please use our How to buy in Westlake Stock guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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Is Westlake Chemical's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Westlake Chemical. If investors know Westlake will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Westlake Chemical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.56)
Dividend Share
1.357
Earnings Share
1.99
Revenue Per Share
95.048
Quarterly Revenue Growth
(0.11)
The market value of Westlake Chemical is measured differently than its book value, which is the value of Westlake that is recorded on the company's balance sheet. Investors also form their own opinion of Westlake Chemical's value that differs from its market value or its book value, called intrinsic value, which is Westlake Chemical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Westlake Chemical's market value can be influenced by many factors that don't directly affect Westlake Chemical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Westlake Chemical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westlake Chemical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westlake Chemical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.