World Kinect Balance Sheet Health

Financial Health criteria checks 4/6

World Kinect has a total shareholder equity of $2.0B and total debt of $869.0M, which brings its debt-to-equity ratio to 44.4%. Its total assets and total liabilities are $7.2B and $5.2B respectively. World Kinect's EBIT is $236.9M making its interest coverage ratio 1.9. It has cash and short-term investments of $334.7M.

Key information

44.4%

Debt to equity ratio

US$869.00m

Debt

Interest coverage ratio1.9x
CashUS$334.70m
EquityUS$1.96b
Total liabilitiesUS$5.22b
Total assetsUS$7.17b

Recent financial health updates

Recent updates

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

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

Jan 05
These 4 Measures Indicate That World Fuel Services (NYSE:INT) Is Using Debt Reasonably Well

World Fuel Services: Flyers Acquisition To Drive Profitability Northward

Nov 19

We Think World Fuel Services (NYSE:INT) Can Stay On Top Of Its Debt

Oct 03
We Think World Fuel Services (NYSE:INT) Can Stay On Top Of Its Debt

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

Aug 03
Need To Know: Analysts Are Much More Bullish On World Fuel Services Corporation (NYSE:INT) Revenues

Is World Fuel Services (NYSE:INT) A Risky Investment?

Jun 20
Is World Fuel Services (NYSE:INT) A Risky Investment?

Increases to World Fuel Services Corporation's (NYSE:INT) CEO Compensation Might Cool off for now

May 15
Increases to World Fuel Services Corporation's (NYSE:INT) CEO Compensation Might Cool off for now

World Fuel Services Corporation 2021 Q1 - Results - Earnings Call Presentation

Apr 30

World Fuel Services Corporation (NYSE:INT) Stock Goes Ex-Dividend In Just Four Days

Mar 20
World Fuel Services Corporation (NYSE:INT) Stock Goes Ex-Dividend In Just Four Days

Financial Position Analysis

Short Term Liabilities: WKC's short term assets ($4.4B) exceed its short term liabilities ($3.9B).

Long Term Liabilities: WKC's short term assets ($4.4B) exceed its long term liabilities ($1.4B).


Debt to Equity History and Analysis

Debt Level: WKC's net debt to equity ratio (27.3%) is considered satisfactory.

Reducing Debt: WKC's debt to equity ratio has increased from 36.6% to 44.4% over the past 5 years.

Debt Coverage: WKC's debt is well covered by operating cash flow (27.4%).

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


Balance Sheet


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