Financial Statements

Westlake Chemical Partners LP (WLKP)

$27.56

-0.27 (-0.97%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) -----
Net Income 8366614949
Stock Dividends 133014-7
Dividend Paid -66-66-62-53-42
Retained Earnings 149----

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 1,0511,1031,1481,196-
Annual Depreciation 74-15-2-81,265
Capital Expenditure -81-37-44-40-69
Net PPE 1,0441,0511,1031,1481,196

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -6666
New Purchases ----349-276
Intangible and Goodwill 66666

Westlake Chemical Partners LP income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Westlake Chemical Partners LP FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.