World Kinect Balance Sheet Health

Financial Health criteria checks 3/6

World Kinect has a total shareholder equity of $2.1B and total debt of $860.2M, which brings its debt-to-equity ratio to 41.9%. Its total assets and total liabilities are $7.0B and $4.9B respectively. World Kinect's EBIT is $214.4M making its interest coverage ratio 1.9. It has cash and short-term investments of $373.8M.

Key information

41.9%

Debt to equity ratio

US$860.20m

Debt

Interest coverage ratio1.9x
CashUS$373.80m
EquityUS$2.05b
Total liabilitiesUS$4.93b
Total assetsUS$6.98b

Recent financial health updates

Recent updates

Does World Kinect (NYSE:WKC) Have A Healthy Balance Sheet?

Nov 25
Does World Kinect (NYSE:WKC) Have A Healthy Balance Sheet?

We Think You Should Be Aware Of Some Concerning Factors In World Kinect's (NYSE:WKC) Earnings

Nov 01
We Think You Should Be Aware Of Some Concerning Factors In World Kinect's (NYSE:WKC) Earnings

World Kinect Corporation's (NYSE:WKC) Price Is Right But Growth Is Lacking

Oct 17
World Kinect Corporation's (NYSE:WKC) Price Is Right But Growth Is Lacking

Do World Kinect's (NYSE:WKC) Earnings Warrant Your Attention?

Sep 07
Do World Kinect's (NYSE:WKC) Earnings Warrant Your Attention?

Why We're Not Concerned About World Kinect Corporation's (NYSE:WKC) Share Price

Jul 16
Why We're Not Concerned About World Kinect Corporation's (NYSE:WKC) Share Price

World Kinect (NYSE:WKC) Seems To Be Using A Lot Of Debt

Jun 01
World Kinect (NYSE:WKC) Seems To Be Using A Lot Of Debt

World Kinect Corporation's (NYSE:WKC) Intrinsic Value Is Potentially 82% Above Its Share Price

May 08
World Kinect Corporation's (NYSE:WKC) Intrinsic Value Is Potentially 82% Above Its Share Price

Getting In Cheap On World Kinect Corporation (NYSE:WKC) Might Be Difficult

Apr 13
Getting In Cheap On World Kinect Corporation (NYSE:WKC) Might Be Difficult

World Kinect: Fueling Ambitions

Mar 17

Does World Kinect (NYSE:WKC) Have A Healthy Balance Sheet?

Feb 07
Does World Kinect (NYSE:WKC) Have A Healthy Balance Sheet?

World Kinect: Net Zero Emissions, Reorganization, Beneficial Guidance, And Undervalued

Dec 21

World Kinect (NYSE:WKC) Will Pay A Dividend Of $0.14

Sep 25
World Kinect (NYSE:WKC) Will Pay A Dividend Of $0.14

World Kinect: Still Not Connecting

Aug 13

Estimating The Fair Value Of World Kinect Corporation (NYSE:WKC)

Aug 03
Estimating The Fair Value Of World Kinect Corporation (NYSE:WKC)

These 4 Measures Indicate That World Kinect (NYSE:WKC) Is Using Debt Extensively

Jun 29
These 4 Measures Indicate That World Kinect (NYSE:WKC) Is Using Debt Extensively

Is There An Opportunity With World Fuel Services Corporation's (NYSE:INT) 33% Undervaluation?

May 05
Is There An Opportunity With World Fuel Services Corporation's (NYSE:INT) 33% Undervaluation?

We Think World Fuel Services (NYSE:INT) Is Taking Some Risk With Its Debt

Mar 29
We Think World Fuel Services (NYSE:INT) Is Taking Some Risk With Its Debt

World Fuel Services: Great Dividend Growth Potential, Apart From One Problem

Jan 12

World Fuel declares $0.14 dividend

Dec 09

These 4 Measures Indicate That World Fuel Services (NYSE:INT) Is Using Debt Extensively

Dec 07
These 4 Measures Indicate That World Fuel Services (NYSE:INT) Is Using Debt Extensively

World Fuel Non-GAAP EPS of $0.67 beats by $0.03, revenue of $15.66B misses by $180M

Oct 27

World Fuel Services (NYSE:INT) Is Paying Out A Larger Dividend Than Last Year

Sep 17
World Fuel Services (NYSE:INT) Is Paying Out A Larger Dividend Than Last Year

World Fuel Services raises dividend by 17% to $0.14

Sep 13

Need To Know: Analysts Are Much More Bullish On World Fuel Services Corporation (NYSE:INT) Revenues

Jul 31
Need To Know: Analysts Are Much More Bullish On World Fuel Services Corporation (NYSE:INT) Revenues

These 4 Measures Indicate That World Fuel Services (NYSE:INT) Is Using Debt Extensively

Jun 07
These 4 Measures Indicate That World Fuel Services (NYSE:INT) Is Using Debt Extensively

World Fuel Services: Diversification Fuels Paths For Success

May 26

World Fuel Services (NYSE:INT) Has Affirmed Its Dividend Of US$0.12

Mar 17
World Fuel Services (NYSE:INT) Has Affirmed Its Dividend Of US$0.12

World Fuel Services Is Adaptive To A Changing World

Feb 17

Financial Position Analysis

Short Term Liabilities: WKC's short term assets ($4.2B) exceed its short term liabilities ($3.6B).

Long Term Liabilities: WKC's short term assets ($4.2B) exceed its long term liabilities ($1.4B).


Debt to Equity History and Analysis

Debt Level: WKC's net debt to equity ratio (23.7%) is considered satisfactory.

Reducing Debt: WKC's debt to equity ratio has increased from 36.1% to 41.9% over the past 5 years.

Debt Coverage: WKC's debt is not well covered by operating cash flow (16.8%).

Interest Coverage: WKC's interest payments on its debt are not well covered by EBIT (1.9x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 22:14
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

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Analyst Sources

World Kinect Corporation is covered by 14 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullArgus Research Company
Kenneth HoexterBofA Global Research
John FreemanCGS International