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 ratio | 1.9x |
| Cash | US$373.80m |
| Equity | US$2.05b |
| Total liabilities | US$4.93b |
| Total assets | US$6.98b |
Recent financial health updates
World Kinect (NYSE:WKC) Seems To Be Using A Lot Of Debt
Jun 01
Does World Kinect (NYSE:WKC) Have A Healthy Balance Sheet?
Feb 07These 4 Measures Indicate That World Kinect (NYSE:WKC) Is Using Debt Extensively
Jun 29We Think World Fuel Services (NYSE:INT) Is Taking Some Risk With Its Debt
Mar 29These 4 Measures Indicate That World Fuel Services (NYSE:INT) Is Using Debt Extensively
Dec 07These 4 Measures Indicate That World Fuel Services (NYSE:INT) Is Using Debt Extensively
Jun 07Recent updates
We Think You Should Be Aware Of Some Concerning Factors In World Kinect's (NYSE:WKC) Earnings
Nov 01World Kinect Corporation's (NYSE:WKC) Price Is Right But Growth Is Lacking
Oct 17Do World Kinect's (NYSE:WKC) Earnings Warrant Your Attention?
Sep 07Why We're Not Concerned About World Kinect Corporation's (NYSE:WKC) Share Price
Jul 16World Kinect (NYSE:WKC) Seems To Be Using A Lot Of Debt
Jun 01World Kinect Corporation's (NYSE:WKC) Intrinsic Value Is Potentially 82% Above Its Share Price
May 08Getting In Cheap On World Kinect Corporation (NYSE:WKC) Might Be Difficult
Apr 13World Kinect: Fueling Ambitions
Mar 17Does World Kinect (NYSE:WKC) Have A Healthy Balance Sheet?
Feb 07World Kinect: Net Zero Emissions, Reorganization, Beneficial Guidance, And Undervalued
Dec 21World Kinect (NYSE:WKC) Will Pay A Dividend Of $0.14
Sep 25World Kinect: Still Not Connecting
Aug 13Estimating The Fair Value Of World Kinect Corporation (NYSE:WKC)
Aug 03These 4 Measures Indicate That World Kinect (NYSE:WKC) Is Using Debt Extensively
Jun 29Is There An Opportunity With World Fuel Services Corporation's (NYSE:INT) 33% Undervaluation?
May 05We Think World Fuel Services (NYSE:INT) Is Taking Some Risk With Its Debt
Mar 29World Fuel Services: Great Dividend Growth Potential, Apart From One Problem
Jan 12World Fuel declares $0.14 dividend
Dec 09These 4 Measures Indicate That World Fuel Services (NYSE:INT) Is Using Debt Extensively
Dec 07World Fuel Non-GAAP EPS of $0.67 beats by $0.03, revenue of $15.66B misses by $180M
Oct 27World Fuel Services (NYSE:INT) Is Paying Out A Larger Dividend Than Last Year
Sep 17World Fuel Services raises dividend by 17% to $0.14
Sep 13Need To Know: Analysts Are Much More Bullish On World Fuel Services Corporation (NYSE:INT) Revenues
Jul 31These 4 Measures Indicate That World Fuel Services (NYSE:INT) Is Using Debt Extensively
Jun 07World Fuel Services: Diversification Fuels Paths For Success
May 26World Fuel Services (NYSE:INT) Has Affirmed Its Dividend Of US$0.12
Mar 17World Fuel Services Is Adaptive To A Changing World
Feb 17These 4 Measures Indicate That World Fuel Services (NYSE:INT) Is Using Debt Reasonably Well
Jan 05World Fuel Services: Flyers Acquisition To Drive Profitability Northward
Nov 19Financial 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).