Skip to content

Westlake WLK Consolidation Eliminations — Payments To Acquire Investments

Discontinued — last reported Q4 '16

Similar metrics at other companies

Ameriprise Financial logo
AMPPayment to Acquire Investments by Consolidated Investment Entities
$259M-26.8%
Constellation Brands logo
STZPayments to Acquire Investments
$11M+182%
Revvity logo
RVTYPayments for acquisitions and investments, net of cash and cash equivalents acquired
$67.28M
Cleveland-Cliffs logo
CLFEliminations — Capital additions
$0
AeroVironment logo
AVAVPayments to Acquire Equity Method Investments
$1.12M-21.0%
Xylem logo
XYLPayments to Acquire Investments
$0-100%

Other financials

Income statement

See full
Revenue$2.7B-6.8%
Gross profit$112.0M-51.7%
Operating income-$172.0M-438%
Net income-$169.0M-323%
EPS (diluted)-$1.31-323%

Balance sheet

See full
Cash & equivalents$2.3B-1.1%
Total debt$6.4B+16.9%
Total equity$8.5B-17.9%
Total assets$19.7B-4.8%

Cash flow

See full
Operating cash flow-$94.0M-22.1%
CapEx$209.0M-15.7%
Free cash flow-$303.0M+6.8%

Valuation

See full
Market cap$10.29B+16.3%
Enterprise value$14.38B+19.0%
P/S0.9×+0.2×

Profitability

See full
Gross margin6.3%-8.0pp
Operating margin-15.7%-20.8pp
Net margin-14.9%-18.1pp
FCF margin-4.6%-5.3pp

Returns & leverage

See full
Return on equity-17.3%-21.0pp
Debt / equity0.7×+0.2×
Current ratio2.2×-0.5×

Where this comes from

Reported directly by Westlake in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireInvestments.

The official record: Westlake’s 10-K, filed February 21, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation eliminations — payments to acquire investments mean?
This metric tracks cash outflows for the purchase of financial assets or equity investments that are eliminated during consolidation. It reflects the deployment of capital into non-operating assets or minority stakes in other companies. These payments represent strategic or financial investments outside of core operational expenditures.