World Cash And Equivalents from 2010 to 2024

WKC Stock   28.98  0.26  0.91%   
World Kinect's Cash And Equivalents is decreasing over the years with slightly volatile fluctuation. Overall, Cash And Equivalents is expected to go to about 429.2 M this year. During the period from 2010 to 2024 World Kinect Cash And Equivalents annual values regression line had geometric mean of  571,666,677 and mean square error of 11601.5 T. View All Fundamentals
 
Cash And Equivalents  
First Reported
2010-12-31
Previous Quarter
268.6 M
Current Value
429.2 M
Quarterly Volatility
138.9 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check World Kinect financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among World Kinect's main balance sheet or income statement drivers, such as Depreciation And Amortization of 109.7 M, Interest Expense of 142.3 M or Total Revenue of 50.1 B, as well as many indicators such as Price To Sales Ratio of 0.0281, Dividend Yield of 0.0253 or PTB Ratio of 0.69. World financial statements analysis is a perfect complement when working with World Kinect Valuation or Volatility modules.
  
Check out the analysis of World Kinect Correlation against competitors.
For information on how to trade World Stock refer to our How to Trade World Stock guide.

Latest World Kinect's Cash And Equivalents Growth Pattern

Below is the plot of the Cash And Equivalents of World Kinect over the last few years. It is World Kinect's Cash And Equivalents historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in World Kinect's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 298.4 M10 Years Trend
Slightly volatile
   Cash And Equivalents   
       Timeline  

World Cash And Equivalents Regression Statistics

Arithmetic Mean593,008,889
Geometric Mean571,666,677
Coefficient Of Variation23.42
Mean Deviation104,385,778
Median658,800,000
Standard Deviation138,878,243
Sample Variance19287.2T
Range390.2M
R-Value(0.66)
Mean Square Error11601.5T
R-Squared0.44
Significance0.01
Slope(20,632,952)
Total Sum of Squares270020.3T

World Cash And Equivalents History

2024429.2 M
2023268.6 M
2022298.4 M
2021652.2 M

About World Kinect Financial Statements

World Kinect stakeholders use historical fundamental indicators, such as World Kinect's Cash And Equivalents, to determine how well the company is positioned to perform in the future. Although World Kinect investors may analyze each financial statement separately, they are all interrelated. For example, changes in World Kinect's assets and liabilities are reflected in the revenues and expenses on World Kinect's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in World Kinect. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash And Equivalents268.6 M429.2 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether World Kinect offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of World Kinect's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of World Kinect Stock. Outlined below are crucial reports that will aid in making a well-informed decision on World Kinect Stock:
Check out the analysis of World Kinect Correlation against competitors.
For information on how to trade World Stock refer to our How to Trade World Stock guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of World Kinect. If investors know World will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about World Kinect listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.02)
Dividend Share
0.65
Earnings Share
2.27
Revenue Per Share
743.272
Quarterly Revenue Growth
(0.14)
The market value of World Kinect is measured differently than its book value, which is the value of World that is recorded on the company's balance sheet. Investors also form their own opinion of World Kinect's value that differs from its market value or its book value, called intrinsic value, which is World Kinect's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because World Kinect's market value can be influenced by many factors that don't directly affect World Kinect's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between World Kinect's value and its price as these two are different measures arrived at by different means. Investors typically determine if World Kinect is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, World Kinect's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.