World Other Current Liab from 2010 to 2024

WKC Stock   28.98  0.26  0.91%   
World Kinect's Other Current Liabilities is increasing over the years with slightly volatile fluctuation. Overall, Other Current Liabilities is expected to go to about 917 M this year. During the period from 2010 to 2024 World Kinect Other Current Liabilities annual values regression line had geometric mean of  228,984,651 and mean square error of 9514.6 T. View All Fundamentals
 
Other Current Liabilities  
First Reported
1986-03-31
Previous Quarter
761.6 M
Current Value
747.3 M
Quarterly Volatility
210.1 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
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 Other Current Liab Growth Pattern

Below is the plot of the Other Current Liab of World Kinect over the last few years. It is World Kinect's Other Current Liabilities 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.
Other Current Liab10 Years Trend
Slightly volatile
   Other Current Liab   
       Timeline  

World Other Current Liab Regression Statistics

Arithmetic Mean418,083,400
Geometric Mean228,984,651
Coefficient Of Variation67.48
Mean Deviation221,779,733
Median345,000,000
Standard Deviation282,101,974
Sample Variance79581.5T
Range916.8M
R-Value0.94
Mean Square Error9514.6T
R-Squared0.89
Slope59,475,421
Total Sum of Squares1114141.3T

World Other Current Liab History

2024917 M
2023873.3 M
2022850.6 M
2021666.5 M
2020446.4 M
2019378.9 M
2018376.9 M

About World Kinect Financial Statements

World Kinect stakeholders use historical fundamental indicators, such as World Kinect's Other Current Liab, 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
Other Current Liabilities873.3 M917 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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.