Westlake Chemical Partners LP Quarterly Balance Sheets Chart
Quarterly
|
Annual
Westlake Chemical Partners LP Quarterly Balance Sheets Table
Quarterly
|
Annual
| Unit: USD | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| assets | |||||||||||||||||||||||||||||||||||||||||||||
| current assets | |||||||||||||||||||||||||||||||||||||||||||||
| cash and cash equivalents | 36,579,000 | 49,624,000 | 58,316,000 | 60,208,000 | 65,999,000 | 55,760,000 | 58,619,000 | 65,869,000 | 59,434,000 | 104,588,000 | 64,782,000 | 19,468,000 | 18,369,000 | 19,234,000 | 17,057,000 | 18,647,000 | 17,665,000 | 17,289,000 | 17,154,000 | 23,331,000 | 23,618,000 | 24,081,000 | 19,923,000 | 18,647,000 | 17,473,000 | 84,615,000 | 19,744,000 | 17,041,000 | 28,483,000 | 24,980,000 | 27,008,000 | 17,249,000 | 104,939,000 | 122,974,000 | 88,900,000 | 75,006,000 | 151,257,000 | 178,676,000 | 169,559,000 | 154,257,000 | 137,291,000 | 144,918,000 | 133,750,000 | 89,988,000 | |
| receivable under the investment management agreement—westlake corporation | 43,924,000 | 104,529,000 | 134,557,000 | 109,540,000 | 94,478,000 | 94,477,000 | 94,444,000 | 84,358,000 | 94,230,000 | 52,079,000 | 64,996,000 | 135,863,000 | 129,363,000 | 111,224,000 | |||||||||||||||||||||||||||||||
| accounts receivable, net—westlake | 59,919,000 | 55,051,000 | 31,975,000 | 44,885,000 | 39,090,000 | 41,766,000 | 49,565,000 | 54,625,000 | 45,467,000 | 50,453,000 | 90,965,000 | 98,399,000 | 104,920,000 | 109,732,000 | 142,791,000 | 57,020,000 | 66,948,000 | 50,969,000 | 108,028,000 | 56,237,000 | 42,354,000 | 40,560,000 | 42,847,000 | 35,001,000 | 38,995,000 | 47,626,000 | 65,628,000 | 47,970,000 | 43,257,000 | 60,405,000 | 28,500,000 | ||||||||||||||
| accounts receivable, net—third parties | 12,817,000 | 13,013,000 | 11,576,000 | 22,511,000 | 27,128,000 | 27,228,000 | 18,701,000 | 21,626,000 | 17,443,000 | 19,691,000 | 20,030,000 | 24,675,000 | 41,444,000 | 26,412,000 | 5,825,000 | 12,168,000 | 24,962,000 | 19,702,000 | 11,029,000 | 5,144,000 | 7,007,000 | 13,535,000 | 9,914,000 | 14,543,000 | 20,435,000 | 15,495,000 | 16,404,000 | 22,544,000 | 16,380,000 | 19,017,000 | 18,083,000 | 16,651,000 | 14,720,000 | 19,863,000 | 12,085,000 | 15,699,000 | 9,620,000 | 6,066,000 | 11,927,000 | 14,479,000 | 22,075,000 | 16,997,000 | 37,520,000 | 29,606,000 | |
| inventories | 3,261,000 | 2,733,000 | 4,058,000 | 3,751,000 | 4,487,000 | 4,860,000 | 4,432,000 | 4,394,000 | 3,260,000 | 5,466,000 | 4,715,000 | 5,359,000 | 7,448,000 | 7,887,000 | 8,898,000 | 6,590,000 | 4,929,000 | 3,171,000 | 3,474,000 | 1,652,000 | 1,529,000 | 2,000,000 | 2,484,000 | 3,698,000 | 4,029,000 | 4,171,000 | 4,388,000 | 5,004,000 | 6,128,000 | 5,171,000 | 5,590,000 | 3,881,000 | 4,558,000 | 4,776,000 | 3,934,000 | 3,428,000 | 2,493,000 | 2,590,000 | 3,879,000 | 3,272,000 | 3,856,000 | 4,564,000 | 6,634,000 | 5,551,000 | 18,996,000 |
| prepaid expenses and other current assets | 24,000 | 201,000 | 444,000 | 667,000 | 944,000 | 257,000 | 442,000 | 599,000 | 718,000 | 153,000 | 305,000 | 458,000 | 67,000 | 238,000 | 396,000 | 566,000 | 61,000 | 217,000 | 392,000 | 557,000 | 65,000 | 204,000 | 470,000 | 559,000 | 95,000 | 251,000 | 370,000 | 491,000 | 54,000 | 161,000 | 314,000 | 413,000 | 45,000 | 154,000 | 269,000 | 73,000 | 157,000 | 267,000 | 382,000 | 30,000 | 122,000 | 212,000 | 303,000 | 212,000 | |
| total current assets | 156,524,000 | 225,151,000 | 240,926,000 | 241,562,000 | 232,126,000 | 224,348,000 | 226,203,000 | 231,471,000 | 220,552,000 | 232,430,000 | 245,793,000 | 284,222,000 | 301,611,000 | 274,727,000 | 281,210,000 | 291,243,000 | 336,814,000 | 278,587,000 | 263,305,000 | 278,162,000 | 245,964,000 | 242,139,000 | 238,411,000 | 237,336,000 | 222,354,000 | 428,659,000 | 247,142,000 | 262,583,000 | 242,756,000 | 227,298,000 | 231,389,000 | 217,608,000 | 203,629,000 | 229,832,000 | 232,165,000 | 192,278,000 | 222,561,000 | 243,532,000 | 225,287,000 | 216,425,000 | 199,134,000 | 204,583,000 | 196,645,000 | 153,948,000 | |
| property, plant and equipment | 902,062,000 | 903,497,000 | 903,588,000 | 908,992,000 | 912,752,000 | 926,813,000 | 943,843,000 | 959,114,000 | 963,490,000 | 977,469,000 | 990,213,000 | 1,006,633,000 | 1,016,726,000 | 1,030,571,000 | 1,043,539,000 | 1,022,181,000 | 1,030,016,000 | 1,039,261,000 | 1,050,677,000 | 1,060,840,000 | 1,077,499,000 | 1,092,120,000 | 1,102,995,000 | 1,113,010,000 | 1,129,083,000 | 1,138,434,000 | 1,148,265,000 | 1,161,203,000 | 1,173,330,000 | 1,183,409,000 | 1,196,245,000 | 1,206,246,000 | 1,220,393,000 | 1,223,239,000 | 1,222,238,000 | 1,217,451,000 | 1,203,249,000 | 1,096,354,000 | 1,020,469,000 | 962,221,000 | 914,270,000 | 866,546,000 | 842,057,000 | 806,648,000 | |
| goodwill | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | 5,814,000 | |||
| deferred charges and other assets | 242,787,000 | 236,890,000 | 137,628,000 | 138,327,000 | 137,670,000 | 138,101,000 | 140,982,000 | 145,111,000 | 145,731,000 | 126,965,000 | 130,159,000 | 134,497,000 | 137,976,000 | 143,254,000 | 150,135,000 | 41,324,000 | 29,111,000 | 33,472,000 | 36,692,000 | 37,466,000 | 39,750,000 | 42,954,000 | 46,236,000 | 50,896,000 | 53,653,000 | 58,366,000 | 60,904,000 | 65,403,000 | 70,275,000 | 76,083,000 | 81,828,000 | 88,030,000 | 92,741,000 | 97,915,000 | 95,011,000 | 100,688,000 | 92,362,000 | 38,377,000 | 38,779,000 | 40,728,000 | 44,204,000 | 48,018,000 | 51,919,000 | 55,865,000 | |
| total assets | 1,307,187,000 | 1,371,352,000 | 1,287,956,000 | 1,294,695,000 | 1,288,362,000 | 1,295,076,000 | 1,316,842,000 | 1,341,510,000 | 1,335,587,000 | 1,342,678,000 | 1,371,979,000 | 1,431,166,000 | 1,462,127,000 | 1,454,366,000 | 1,480,698,000 | 1,360,562,000 | 1,401,755,000 | 1,357,134,000 | 1,356,488,000 | 1,382,282,000 | 1,369,027,000 | 1,383,027,000 | 1,393,456,000 | 1,407,056,000 | 1,410,904,000 | 1,631,273,000 | 1,462,125,000 | 1,495,003,000 | 1,492,175,000 | 1,492,604,000 | 1,515,276,000 | 1,517,698,000 | 1,522,577,000 | 1,556,800,000 | 1,555,228,000 | 1,536,659,000 | 1,552,234,000 | 1,384,077,000 | 1,290,349,000 | 1,225,188,000 | 1,163,422,000 | 1,124,961,000 | 1,096,435,000 | 1,022,275,000 | |
| liabilities | |||||||||||||||||||||||||||||||||||||||||||||
| current liabilities | |||||||||||||||||||||||||||||||||||||||||||||
| accounts payable—westlake | 8,572,000 | 42,628,000 | 20,744,000 | 14,833,000 | 10,581,000 | 8,439,000 | 15,166,000 | 25,261,000 | 10,606,000 | 14,651,000 | 34,087,000 | 35,583,000 | 55,869,000 | 34,471,000 | 10,796,000 | 13,259,000 | 20,134,000 | 11,921,000 | 7,855,000 | 17,923,000 | 5,440,000 | 4,333,000 | 15,201,000 | 13,330,000 | 9,996,000 | 19,344,000 | 27,477,000 | 41,274,000 | 21,229,000 | 14,339,000 | 14,027,000 | 14,123,000 | 14,058,000 | 7,228,000 | 12,130,000 | 7,435,000 | 26,558,000 | 7,290,000 | 15,550,000 | 9,288,000 | 14,523,000 | 12,423,000 | 7,470,000 | 18,127,000 | |
| accounts payable—third parties | 28,071,000 | 58,858,000 | 17,708,000 | 17,094,000 | 17,186,000 | 14,843,000 | 16,189,000 | 18,984,000 | 28,759,000 | 15,770,000 | 15,317,000 | 19,459,000 | 20,399,000 | 21,082,000 | 35,105,000 | 16,773,000 | 12,435,000 | 12,602,000 | 13,131,000 | 6,816,000 | 8,846,000 | 8,301,000 | 6,141,000 | 4,644,000 | 8,030,000 | 7,481,000 | 5,045,000 | 6,402,000 | 7,390,000 | 7,798,000 | 10,516,000 | 10,073,000 | 7,102,000 | 15,295,000 | 9,930,000 | 19,189,000 | 67,167,000 | 29,421,000 | 18,737,000 | 24,871,000 | 22,418,000 | 15,568,000 | 12,614,000 | 12,827,000 | |
| accrued and other liabilities | 36,263,000 | 63,336,000 | 16,920,000 | 21,364,000 | 21,840,000 | 19,801,000 | 24,980,000 | 31,355,000 | 26,952,000 | 21,061,000 | 17,537,000 | 22,615,000 | 15,751,000 | 21,391,000 | 60,895,000 | 24,527,000 | 16,084,000 | 18,049,000 | 18,768,000 | 16,955,000 | 16,807,000 | 18,032,000 | 17,507,000 | 22,964,000 | 18,287,000 | 20,433,000 | 208,000 | ||||||||||||||||||
| total current liabilities | 72,906,000 | 164,822,000 | 55,372,000 | 53,291,000 | 49,607,000 | 43,083,000 | 56,335,000 | 75,600,000 | 66,317,000 | 51,482,000 | 66,941,000 | 77,657,000 | 92,019,000 | 453,999,000 | 106,796,000 | 54,559,000 | 48,653,000 | 42,572,000 | 39,754,000 | 41,694,000 | 31,093,000 | 30,666,000 | 38,849,000 | 40,938,000 | 36,313,000 | 47,258,000 | 48,772,000 | 66,587,000 | 47,615,000 | 37,287,000 | 40,240,000 | 44,920,000 | 36,390,000 | 46,645,000 | 37,777,000 | 47,577,000 | 170,794,000 | 73,338,000 | 57,694,000 | 56,511,000 | 54,397,000 | 34,581,000 | 31,984,000 | 34,953,000 | |
| long-term debt payable to westlake | 399,674,000 | 399,674,000 | 399,674,000 | 399,674,000 | 399,674,000 | 399,674,000 | 399,674,000 | 399,674,000 | 399,674,000 | 399,674,000 | 399,674,000 | 399,674,000 | 399,674,000 | 22,619,000 | 399,674,000 | 399,674,000 | 399,674,000 | 399,674,000 | 399,674,000 | 399,674,000 | 399,674,000 | 399,674,000 | 399,674,000 | 399,674,000 | 399,674,000 | 601,119,000 | 477,608,000 | 477,608,000 | 477,608,000 | 477,608,000 | 473,960,000 | 477,121,000 | 588,280,000 | 600,206,000 | 594,629,000 | 595,083,000 | 515,338,000 | 443,525,000 | 384,006,000 | 330,495,000 | 280,992,000 | 257,829,000 | 227,638,000 | 188,523,000 | |
| deferred income taxes | 1,581,000 | 1,567,000 | 1,546,000 | 1,569,000 | 1,680,000 | 1,664,000 | 1,632,000 | 1,656,000 | 1,638,000 | 1,644,000 | 1,656,000 | 1,671,000 | 1,493,000 | 1,516,000 | 1,530,000 | 1,510,000 | 1,634,000 | 1,574,000 | 1,542,000 | 1,527,000 | 1,667,000 | 1,649,000 | 1,649,000 | 1,631,000 | 1,693,000 | 1,677,000 | 1,664,000 | 1,626,000 | 2,339,000 | 2,272,000 | 2,220,000 | 2,099,000 | 1,936,000 | 1,828,000 | 1,736,000 | 1,781,000 | 1,712,000 | 1,571,000 | 1,392,000 | 1,489,000 | 1,614,000 | 1,902,000 | 6,813,000 | ||
| other liabilities | 1,861,000 | 2,183,000 | 2,050,000 | 2,347,000 | 2,554,000 | 2,410,000 | 2,951,000 | 3,308,000 | 36,000 | 206,000 | 381,000 | 555,000 | 740,000 | 947,000 | 1,149,000 | 53,000 | 146,000 | 114,000 | 107,000 | 79,000 | 168,000 | 136,000 | 123,000 | 243,000 | 640,000 | 420,000 | 90,000 | 219,000 | 35,000 | 28,000 | 15,000 | 5,000 | |||||||||||||
| total liabilities | 476,022,000 | 568,246,000 | 458,642,000 | 456,881,000 | 453,515,000 | 446,831,000 | 460,592,000 | 480,238,000 | 467,629,000 | 452,800,000 | 468,271,000 | 479,002,000 | 493,186,000 | 478,134,000 | 508,000,000 | 455,743,000 | 449,997,000 | 444,026,000 | 441,351,000 | 443,450,000 | 433,174,000 | 432,936,000 | 441,321,000 | 444,325,000 | 438,790,000 | 651,326,000 | 528,044,000 | 545,874,000 | 527,708,000 | 517,281,000 | 516,527,000 | 524,219,000 | 626,774,000 | 648,815,000 | 634,265,000 | 644,684,000 | 688,484,000 | 518,854,000 | 443,182,000 | 388,714,000 | 337,038,000 | 294,340,000 | 261,485,000 | 224,988,000 | |
| commitments and contingencies | |||||||||||||||||||||||||||||||||||||||||||||
| equity | |||||||||||||||||||||||||||||||||||||||||||||
| common unitholders—publicly and privately held | 463,109,000 | 464,339,000 | 471,328,000 | 472,296,000 | 471,199,000 | 472,450,000 | 473,513,000 | 474,895,000 | 476,791,000 | 479,617,000 | 480,643,000 | 480,535,000 | 481,453,000 | 481,550,000 | 481,796,000 | 474,062,000 | 476,076,000 | 470,834,000 | 471,701,000 | 472,556,000 | 471,392,000 | 472,428,000 | 471,736,000 | 470,977,000 | 471,944,000 | 473,119,000 | |||||||||||||||||||
| common unitholder—westlake | 41,876,000 | 42,699,000 | 47,373,000 | 48,020,000 | 47,408,000 | 48,282,000 | 48,993,000 | 49,919,000 | 51,282,000 | 53,173,000 | 53,859,000 | 53,787,000 | 54,526,000 | 54,591,000 | 54,754,000 | 49,576,000 | 51,103,000 | 47,690,000 | 48,270,000 | 48,900,000 | 48,120,000 | 48,814,000 | 48,350,000 | 47,940,000 | 48,419,000 | 49,195,000 | 48,774,000 | 49,511,000 | 49,848,000 | 49,872,000 | 50,265,000 | 49,025,000 | 4,825,000 | 4,823,000 | 4,813,000 | 4,726,000 | 4,739,000 | 4,701,000 | 4,502,000 | 4,360,000 | 4,242,000 | 4,094,000 | 4,038,000 | 3,828,000 | |
| general partner—westlake | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,573,000 | -242,572,000 | -241,839,000 | -241,958,000 | -242,074,000 | -242,250,000 | -242,341,000 | -242,430,000 | -242,481,000 | -242,526,000 | -242,570,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | -242,572,000 | |
| total westlake chemical partners lp partners' capital | 262,413,000 | 264,466,000 | 276,129,000 | 277,744,000 | 276,035,000 | 278,160,000 | 279,934,000 | 282,242,000 | 285,501,000 | 290,218,000 | 291,930,000 | 291,750,000 | 293,407,000 | 293,569,000 | 293,978,000 | 281,066,000 | 284,607,000 | 275,952,000 | 277,399,000 | 278,884,000 | 276,940,000 | 278,670,000 | 277,514,000 | 276,345,000 | 277,791,000 | 279,742,000 | 215,810,000 | 217,493,000 | 218,152,000 | 219,117,000 | 219,814,000 | 216,861,000 | 102,953,000 | 102,859,000 | 102,484,000 | 100,372,000 | 100,175,000 | 99,580,000 | 96,561,000 | 93,425,000 | 91,370,000 | 88,583,000 | 87,524,000 | 83,573,000 | |
| noncontrolling interest in westlake chemical opco lp | 568,752,000 | 538,640,000 | 553,185,000 | 560,070,000 | 558,812,000 | 570,085,000 | 576,316,000 | 579,030,000 | 582,457,000 | 599,660,000 | 611,778,000 | 660,414,000 | 675,534,000 | 682,663,000 | 678,720,000 | 623,753,000 | 667,151,000 | 637,156,000 | 637,738,000 | 659,948,000 | 658,913,000 | 671,421,000 | 674,621,000 | 686,386,000 | 694,323,000 | 700,205,000 | 718,271,000 | 731,636,000 | 746,315,000 | 756,206,000 | 778,935,000 | 776,618,000 | 792,850,000 | 805,126,000 | 818,479,000 | 791,603,000 | 763,575,000 | 765,643,000 | 750,606,000 | 743,049,000 | 735,014,000 | 742,038,000 | 747,426,000 | ||
| total equity | 831,165,000 | 803,106,000 | 829,314,000 | 837,814,000 | 834,847,000 | 848,245,000 | 856,250,000 | 861,272,000 | 867,958,000 | 889,878,000 | 903,708,000 | 952,164,000 | 968,941,000 | 976,232,000 | 972,698,000 | 904,819,000 | 951,758,000 | 913,108,000 | 915,137,000 | 938,832,000 | 935,853,000 | 950,091,000 | 952,135,000 | 962,731,000 | 972,114,000 | 979,947,000 | 934,081,000 | 949,129,000 | 964,467,000 | 975,323,000 | 998,749,000 | 993,479,000 | 895,803,000 | 907,985,000 | 920,963,000 | 891,975,000 | 863,750,000 | 865,223,000 | 847,167,000 | 836,474,000 | 826,384,000 | 830,621,000 | 834,950,000 | 797,287,000 | |
| total liabilities and equity | 1,307,187,000 | 1,371,352,000 | 1,287,956,000 | 1,294,695,000 | 1,288,362,000 | 1,295,076,000 | 1,316,842,000 | 1,341,510,000 | 1,335,587,000 | 1,342,678,000 | 1,371,979,000 | 1,431,166,000 | 1,462,127,000 | 1,454,366,000 | 1,480,698,000 | 1,360,562,000 | 1,401,755,000 | 1,357,134,000 | 1,356,488,000 | 1,382,282,000 | 1,369,027,000 | 1,383,027,000 | 1,393,456,000 | 1,407,056,000 | 1,410,904,000 | 1,631,273,000 | 1,462,125,000 | 1,495,003,000 | 1,492,175,000 | 1,492,604,000 | 1,515,276,000 | 1,517,698,000 | 1,522,577,000 | 1,556,800,000 | 1,555,228,000 | 1,536,659,000 | 1,552,234,000 | 1,384,077,000 | 1,290,349,000 | 1,225,188,000 | 1,163,422,000 | 1,124,961,000 | 1,096,435,000 | 1,022,275,000 | |
| debt payable to westlake | 377,055,000 | ||||||||||||||||||||||||||||||||||||||||||||
| receivable under the investment management agreement—westlake chemical corporation | 106,243,000 | 196,252,000 | 222,249,000 | 187,239,000 | 123,228,000 | 191,241,000 | 171,391,000 | 161,759,000 | 162,773,000 | 164,888,000 | 141,327,000 | 276,501,000 | 148,956,000 | 151,875,000 | 143,741,000 | 134,712,000 | 136,510,000 | 119,009,000 | |||||||||||||||||||||||||||
| operating lease liabilities | 2,082,000 | 1,110,000 | 1,272,000 | ||||||||||||||||||||||||||||||||||||||||||
| revenue | |||||||||||||||||||||||||||||||||||||||||||||
| net sales—westlake | 257,040,000 | 1,074,957,000 | 313,381,000 | 253,673,000 | 235,031,000 | 973,081,000 | 258,049,000 | 240,989,000 | 212,930,000 | 853,719,000 | 193,964,000 | 181,635,000 | 231,260,000 | 834,918,000 | 207,856,000 | 204,669,000 | 208,913,000 | 1,292,089,000 | 289,601,000 | ||||||||||||||||||||||||||
| net co-product, ethylene and other sales—third parties | 42,046,000 | 50,269,000 | 48,302,000 | 49,241,000 | 38,726,000 | 49,124,000 | 64,518,000 | 35,390,000 | 29,206,000 | ||||||||||||||||||||||||||||||||||||
| total net sales | 299,086,000 | 1,285,622,000 | 363,650,000 | 301,975,000 | 284,272,000 | 1,172,981,000 | 296,775,000 | 290,113,000 | 277,448,000 | 986,736,000 | 229,354,000 | 210,841,000 | 252,604,000 | 1,007,221,000 | 248,619,000 | 251,705,000 | 258,391,000 | 1,749,700,000 | 392,008,000 | ||||||||||||||||||||||||||
| cost of sales | 208,432,000 | 908,463,000 | 269,743,000 | 204,857,000 | 191,767,000 | 769,314,000 | 201,372,000 | 190,542,000 | 179,487,000 | 595,405,000 | 142,553,000 | 122,460,000 | 142,190,000 | 624,339,000 | 154,474,000 | 157,177,000 | 162,164,000 | 1,003,888,000 | 227,015,000 | ||||||||||||||||||||||||||
| gross profit | 90,654,000 | 377,159,000 | 93,907,000 | 97,118,000 | 92,505,000 | 403,667,000 | 95,403,000 | 99,571,000 | 97,961,000 | 391,331,000 | 86,801,000 | 88,381,000 | 110,414,000 | 382,882,000 | 94,145,000 | 94,528,000 | 96,227,000 | 745,812,000 | 164,993,000 | ||||||||||||||||||||||||||
| selling, general and administrative expenses | 6,973,000 | 27,590,000 | 5,909,000 | 7,375,000 | 7,133,000 | 29,260,000 | 6,805,000 | 6,886,000 | 7,828,000 | 24,887,000 | 5,788,000 | 5,848,000 | 6,097,000 | 23,550,000 | 5,831,000 | 5,995,000 | 6,000,000 | 29,256,000 | 8,860,000 | ||||||||||||||||||||||||||
| income from operations | 83,681,000 | 349,569,000 | 87,998,000 | 89,743,000 | 85,372,000 | 374,407,000 | 88,598,000 | 92,685,000 | 90,133,000 | 366,444,000 | 81,013,000 | 82,533,000 | 104,317,000 | 359,332,000 | 88,314,000 | 88,533,000 | 90,227,000 | 716,556,000 | 156,133,000 | ||||||||||||||||||||||||||
| other income | 815,000 | 2,457,000 | 668,000 | 583,000 | 491,000 | 1,792,000 | 162,000 | 24,000 | 1,658,000 | 601,000 | -13,000 | 159,000 | 84,000 | 160,000 | -73,000 | 33,000 | 5,000 | 3,151,000 | 486,000 | ||||||||||||||||||||||||||
| interest expense—westlake | -5,900,000 | -21,433,000 | -5,639,000 | -5,547,000 | -4,866,000 | -21,861,000 | -6,190,000 | -5,942,000 | -5,460,000 | -12,607,000 | -4,947,000 | -1,203,000 | -1,231,000 | -4,967,000 | -1,054,000 | -1,364,000 | -1,376,000 | -10,499,000 | -2,137,000 | ||||||||||||||||||||||||||
| income before income taxes | 78,596,000 | 330,593,000 | 83,027,000 | 84,779,000 | 80,997,000 | 354,338,000 | 82,570,000 | 86,767,000 | 86,331,000 | 354,438,000 | 76,053,000 | 81,489,000 | 103,170,000 | 354,525,000 | 87,187,000 | 87,202,000 | 88,856,000 | 709,208,000 | 154,482,000 | ||||||||||||||||||||||||||
| income tax provision | 200,000 | ||||||||||||||||||||||||||||||||||||||||||||
| net income | 78,396,000 | 330,571,000 | 83,799,000 | 84,476,000 | 80,714,000 | 353,058,000 | 82,245,000 | 86,470,000 | 86,028,000 | 353,403,000 | 75,859,000 | 81,192,000 | 102,771,000 | 353,853,000 | 87,046,000 | 87,243,000 | 88,389,000 | 509,820,000 | 118,173,000 | 297,718,000 | |||||||||||||||||||||||||
| less: net income attributable to noncontrolling interest in opco | 63,441,000 | 281,224,000 | 71,387,000 | 71,719,000 | 68,419,000 | 304,388,000 | 68,860,000 | 76,495,000 | 76,264,000 | 312,463,000 | 67,198,000 | 71,848,000 | 90,687,000 | 314,022,000 | 76,943,000 | 76,800,000 | 79,889,000 | 134,909,000 | 49,542,000 | ||||||||||||||||||||||||||
| net income attributable to westlake chemical partners lp | 14,955,000 | 12,412,000 | 12,757,000 | 12,295,000 | 13,385,000 | 9,975,000 | 9,764,000 | 8,661,000 | 9,344,000 | 12,084,000 | 10,443,000 | 8,500,000 | |||||||||||||||||||||||||||||||||
| net income per limited partner unit attributable to westlake chemical partners lp | |||||||||||||||||||||||||||||||||||||||||||||
| common units | 460 | 1,510 | 380 | 400 | 360 | 1,720 | 470 | 360 | 350 | 1,500 | 320 | 340 | 450 | 1,470 | 370 | 390 | 310 | 500 | 190 | ||||||||||||||||||||||||||
| weighted-average limited partner units outstanding | |||||||||||||||||||||||||||||||||||||||||||||
| common units—publicly and privately held | 18,223,168,000 | ||||||||||||||||||||||||||||||||||||||||||||
| common units—westlake | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 7,831,307,000 | 14,122,230,000 | 1,436,115,000 | 1,436,115,000 | 1,436,115,000 | 1,436,115,000 | 1,436,115,000 | 1,436,115,000 | 1,436,115,000 | 1,436,115,000 | 1,436,115,000 | 1,436,115,000 | 1,436,115,000 | 1,436,115,000 | ||||||||||||||||||||||||||
| accounts receivable, net—westlake chemical corporation | 57,280,000 | 43,884,000 | 126,977,000 | 39,655,000 | 44,035,000 | 35,882,000 | 37,982,000 | 18,529,000 | |||||||||||||||||||||||||||||||||||||
| accrued liabilities | 16,250,000 | 18,911,000 | 18,996,000 | 15,150,000 | 15,697,000 | 20,724,000 | 15,230,000 | 24,122,000 | 15,717,000 | 20,953,000 | 77,069,000 | 36,627,000 | 23,407,000 | 22,352,000 | 17,456,000 | 6,590,000 | 11,900,000 | 3,999,000 | |||||||||||||||||||||||||||
| common unitholders—public | 409,608,000 | 410,555,000 | 410,754,000 | 410,786,000 | 411,228,000 | 409,684,000 | 297,486,000 | 297,462,000 | 297,367,000 | 296,585,000 | 296,704,000 | 296,357,000 | 294,565,000 | 293,282,000 | 292,216,000 | 290,884,000 | 290,377,000 | 288,487,000 | |||||||||||||||||||||||||||
| accumulated other comprehensive income | 122,000 | 298,000 | 279,000 | 226,000 | 243,000 | 289,000 | 200,000 | -224,000 | -624,000 | -451,000 | 280,000 | ||||||||||||||||||||||||||||||||||
| net co-products, ethylene and other sales—third parties | 210,665,000 | ||||||||||||||||||||||||||||||||||||||||||||
| benefit from income taxes | 22,000 | 303,000 | 283,000 | 1,280,000 | 325,000 | 297,000 | 303,000 | 1,035,000 | 194,000 | 297,000 | 399,000 | 672,000 | 141,000 | 467,000 | 199,388,000 | 36,309,000 | |||||||||||||||||||||||||||||
| net income attributable to westlake chemical partners lp and limited partners' interest in net income | 49,347,000 | 48,670,000 | |||||||||||||||||||||||||||||||||||||||||||
| net income attributable to westlake chemical partners lp per limited partner unit | |||||||||||||||||||||||||||||||||||||||||||||
| subordinated units | 1,430 | 360 | 350 | 1,500 | 320 | 340 | 450 | 1,470 | 370 | 390 | 310 | 500 | 190 | ||||||||||||||||||||||||||||||||
| common units—public | 18,118,628,000 | 18,119,980,000 | 18,115,036,000 | 18,115,036,000 | 14,270,240,000 | 13,050,000,000 | 12,937,500,000 | 12,937,500,000 | 12,937,500,000 | 12,937,500,000 | 12,937,500,000 | 12,937,500,000 | 12,937,500,000 | 12,937,500,000 | 12,937,500,000 | 12,937,500,000 | 12,937,500,000 | 12,937,500,000 | |||||||||||||||||||||||||||
| subordinated units—westlake | 6,290,923,000 | 12,686,115,000 | 12,686,115,000 | 12,686,115,000 | 12,686,115,000 | 12,686,115,000 | 12,686,115,000 | 12,686,115,000 | 12,686,115,000 | 12,686,115,000 | 12,686,115,000 | 12,686,115,000 | 12,686,115,000 | ||||||||||||||||||||||||||||||||
| income tax benefit | -772,000 | ||||||||||||||||||||||||||||||||||||||||||||
| distributions per common unit | 397.5 | 386.4 | 1,440 | 365 | 354.9 | 345 | 1,290 | 330 | |||||||||||||||||||||||||||||||||||||
| subordinated unitholder—westlake | 42,649,000 | 42,626,000 | 42,534,000 | 41,766,000 | 41,882,000 | 41,543,000 | 39,786,000 | 38,528,000 | 37,484,000 | 36,177,000 | 35,681,000 | 33,830,000 | |||||||||||||||||||||||||||||||||
| net co-products, ethylene and feedstock sales—third parties | 199,900,000 | 133,017,000 | 172,303,000 | 457,611,000 | |||||||||||||||||||||||||||||||||||||||||
| other assets | |||||||||||||||||||||||||||||||||||||||||||||
| total other assets | 93,844,000 | 98,555,000 | 103,729,000 | 100,825,000 | 106,502,000 | 98,176,000 | 44,191,000 | 44,593,000 | 46,542,000 | 50,018,000 | 53,832,000 | 57,733,000 | 61,679,000 | ||||||||||||||||||||||||||||||||
| accounts receivable—westlake chemical corporation | 79,367,000 | 82,065,000 | 98,145,000 | 59,118,000 | 56,043,000 | ||||||||||||||||||||||||||||||||||||||||
| less: predecessor net income prior to initial public offering on august 4, 2014 | 361,334,000 | 63,616,000 | |||||||||||||||||||||||||||||||||||||||||||
| net income subsequent to initial public offering | 353,403,000 | 353,853,000 | 87,046,000 | 148,486,000 | 54,557,000 | ||||||||||||||||||||||||||||||||||||||||
| net income attributable to westlake chemical partners lp subsequent to initial public offering and limited partners' interest in net income | 40,940,000 | 39,831,000 | 13,577,000 | 5,015,000 | |||||||||||||||||||||||||||||||||||||||||
| net income attributable to westlake chemical partners lp subsequent to initial public offering per limited partner unit | |||||||||||||||||||||||||||||||||||||||||||||
| receivable from westlake | 20,428,000 | 28,248,000 | |||||||||||||||||||||||||||||||||||||||||||
| net co-product, ethylene and feedstock sales—third parties | 21,344,000 | 40,763,000 | 47,036,000 | 49,478,000 | 102,407,000 | ||||||||||||||||||||||||||||||||||||||||
| accumulated other comprehensive loss | -173,000 | ||||||||||||||||||||||||||||||||||||||||||||
| net income attributable to westlake chemical partners lp subsequent to initial public offering | 10,103,000 | ||||||||||||||||||||||||||||||||||||||||||||
| (benefit from) benefit from income taxes | -41,000 | ||||||||||||||||||||||||||||||||||||||||||||
| equity investment | |||||||||||||||||||||||||||||||||||||||||||||
| goodwill and intangible assets | 5,814,000 | 5,814,000 | |||||||||||||||||||||||||||||||||||||||||||
| net investment | |||||||||||||||||||||||||||||||||||||||||||||
| noncontrolling interest in opco | 713,714,000 | ||||||||||||||||||||||||||||||||||||||||||||
| cash flows from operating activities | |||||||||||||||||||||||||||||||||||||||||||||
| adjustments to reconcile net income to net cash from operating activities | |||||||||||||||||||||||||||||||||||||||||||||
| depreciation and amortization | 39,282,000 | ||||||||||||||||||||||||||||||||||||||||||||
| benefit from (recovery of) doubtful accounts | 65,000 | ||||||||||||||||||||||||||||||||||||||||||||
| income from disposition of fixed assets | 1,238,000 | ||||||||||||||||||||||||||||||||||||||||||||
| equity in loss of joint venture, net of dividends | 215,000 | ||||||||||||||||||||||||||||||||||||||||||||
| changes in operating assets and liabilities | |||||||||||||||||||||||||||||||||||||||||||||
| accounts receivable | 9,258,000 | ||||||||||||||||||||||||||||||||||||||||||||
| accounts payable | -2,583,000 | ||||||||||||||||||||||||||||||||||||||||||||
| other | 7,499,000 | ||||||||||||||||||||||||||||||||||||||||||||
| net cash from operating activities | 378,921,000 | ||||||||||||||||||||||||||||||||||||||||||||
| cash flows from investing activities | |||||||||||||||||||||||||||||||||||||||||||||
| additions to property, plant and equipment | -106,191,000 | ||||||||||||||||||||||||||||||||||||||||||||
| settlements of derivative instruments | -290,000 | ||||||||||||||||||||||||||||||||||||||||||||
| net cash from investing activities | -106,481,000 | ||||||||||||||||||||||||||||||||||||||||||||
| cash flows from financing activities | |||||||||||||||||||||||||||||||||||||||||||||
| proceeds from 2013 promissory notes | 104,173,000 | ||||||||||||||||||||||||||||||||||||||||||||
| net distributions to westlake | -376,613,000 | ||||||||||||||||||||||||||||||||||||||||||||
| net cash from financing activities | -272,440,000 | ||||||||||||||||||||||||||||||||||||||||||||
| net change in cash | |||||||||||||||||||||||||||||||||||||||||||||
| cash at beginning of period | |||||||||||||||||||||||||||||||||||||||||||||
| cash at end of period | |||||||||||||||||||||||||||||||||||||||||||||
| • |
We provide you with 20 years of balance sheets for Westlake Chemical Partners LP stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as asset and liabilities, payables and receivables, long debts and short debts, cash and inventories, expenses and profits. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Westlake Chemical Partners LP. Explore the full financial landscape of Westlake Chemical Partners LP stock with our expertly curated balance sheets.
The information provided in this report about Westlake Chemical Partners LP stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.