World Historical Balance Sheet

WKC Stock   28.98  0.26  0.91%   
Trend analysis of World Kinect balance sheet accounts such as Total Assets of 7.7 B, Short Long Term Debt Total of 932.3 M, Other Current Liabilities of 917 M or Total Current Liabilities of 4.3 B provides information on World Kinect's total assets, liabilities, and equity, which is the actual value of World Kinect to its prevalent stockholders. By breaking down trends over time using World Kinect balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining World Kinect latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether World Kinect is a good buy for the upcoming year.

World Kinect Inventory

697.83 Million

  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in World Kinect. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For information on how to trade World Stock refer to our How to Trade World Stock guide.

About World Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of World Kinect at a specified time, usually calculated after every quarter, six months, or one year. World Kinect Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of World Kinect and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which World currently owns. An asset can also be divided into two categories, current and non-current.

World Kinect Balance Sheet Chart

At present, World Kinect's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 917 M, whereas Cash is forecasted to decline to about 189.3 M.

Total Assets

Total assets refers to the total amount of World Kinect assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in World Kinect books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on World Kinect balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of World Kinect are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Accounts Payable

An accounting item on the balance sheet that represents World Kinect obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of World Kinect are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most accounts from World Kinect's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into World Kinect current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in World Kinect. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For information on how to trade World Stock refer to our How to Trade World Stock guide.At present, World Kinect's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 917 M, whereas Cash is forecasted to decline to about 189.3 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total508.7M845.7M887.9M932.3M
Total Assets5.9B8.2B7.4B7.7B

World Kinect balance sheet Correlations

0.760.870.960.860.850.640.920.240.930.770.240.890.530.910.880.85-0.060.990.960.640.40.950.540.630.95
0.760.550.620.760.690.740.780.460.710.450.460.660.480.90.540.50.070.720.730.430.320.60.50.40.79
0.870.550.880.620.930.430.810.170.960.950.170.60.130.840.680.98-0.480.90.720.70.320.820.120.810.92
0.960.620.880.730.830.640.80.010.890.80.020.90.420.820.910.88-0.140.990.930.670.280.990.440.680.88
0.860.760.620.730.640.410.930.540.730.490.540.780.810.780.730.570.260.770.880.480.530.720.780.360.8
0.850.690.930.830.640.60.830.140.960.910.140.590.140.880.620.91-0.450.880.70.840.320.780.170.850.95
0.640.740.430.640.410.60.43-0.250.570.46-0.250.690.230.670.60.440.030.670.630.52-0.080.660.320.460.61
0.920.780.810.80.930.830.430.520.90.680.520.710.540.90.680.76-0.110.860.840.610.620.760.530.530.94
0.240.460.170.010.540.14-0.250.520.23-0.021.00.040.420.39-0.030.090.10.120.21-0.130.59-0.020.35-0.120.29
0.930.710.960.890.730.960.570.90.230.90.240.670.240.940.70.94-0.40.940.790.710.420.840.250.740.99
0.770.450.950.80.490.910.460.68-0.020.9-0.020.480.030.730.630.96-0.490.810.60.750.090.750.040.910.85
0.240.460.170.020.540.14-0.250.521.00.24-0.020.040.420.39-0.030.090.10.120.22-0.130.59-0.020.35-0.120.3
0.890.660.60.90.780.590.690.710.040.670.480.040.690.70.930.590.260.870.970.50.290.930.710.390.71
0.530.480.130.420.810.140.230.540.420.240.030.420.690.350.620.110.750.410.70.150.310.470.98-0.010.34
0.910.90.840.820.780.880.670.90.390.940.730.390.70.350.660.81-0.240.90.810.550.430.780.350.580.96
0.880.540.680.910.730.620.60.68-0.030.70.63-0.030.930.620.660.690.190.870.930.530.160.940.630.520.71
0.850.50.980.880.570.910.440.760.090.940.960.090.590.110.810.69-0.480.890.710.670.230.830.10.820.89
-0.060.07-0.48-0.140.26-0.450.03-0.110.1-0.4-0.490.10.260.75-0.240.19-0.48-0.170.18-0.29-0.19-0.060.72-0.41-0.29
0.990.720.90.990.770.880.670.860.120.940.810.120.870.410.90.870.89-0.170.930.660.330.970.430.680.94
0.960.730.720.930.880.70.630.840.210.790.60.220.970.70.810.930.710.180.930.540.350.940.70.480.83
0.640.430.70.670.480.840.520.61-0.130.710.75-0.130.50.150.550.530.67-0.290.660.540.160.640.220.850.7
0.40.320.320.280.530.32-0.080.620.590.420.090.590.290.310.430.160.23-0.190.330.350.160.260.3-0.110.45
0.950.60.820.990.720.780.660.76-0.020.840.75-0.020.930.470.780.940.83-0.060.970.940.640.260.490.630.84
0.540.50.120.440.780.170.320.530.350.250.040.350.710.980.350.630.10.720.430.70.220.30.490.030.35
0.630.40.810.680.360.850.460.53-0.120.740.91-0.120.39-0.010.580.520.82-0.410.680.480.85-0.110.630.030.7
0.950.790.920.880.80.950.610.940.290.990.850.30.710.340.960.710.89-0.290.940.830.70.450.840.350.7
Click cells to compare fundamentals

World Kinect Account Relationship Matchups

World Kinect balance sheet Accounts

201920202021202220232024 (projected)
Total Assets6.0B4.5B5.9B8.2B7.4B7.7B
Short Long Term Debt Total628.8M524.7M508.7M845.7M887.9M932.3M
Other Current Liab378.9M446.4M666.5M850.6M873.3M917.0M
Total Current Liabilities3.2B1.7B3.1B4.6B4.0B4.3B
Total Stockholder Equity1.9B1.9B1.9B2.0B1.9B2.0B
Property Plant And Equipment Net360.9M342.6M348.9M484.2M695.8M730.6M
Net Debt442.7M(134.1M)(143.5M)547.3M583.6M612.8M
Retained Earnings1.8B1.8B1.9B2.0B2.0B2.1B
Cash186.1M658.8M652.2M298.4M304.3M189.3M
Non Current Assets Total1.8B1.9B1.9B2.9B2.9B3.0B
Non Currrent Assets Other157.3M283.9M254.5M499.3M638M669.9M
Cash And Short Term Investments186.1M658.8M652.2M298.4M304.3M190.7M
Net Receivables2.9B1.2B2.4B3.3B2.7B2.9B
Common Stock Shares Outstanding66.5M64M63.3M62.7M61.7M58.4M
Liabilities And Stockholders Equity6.0B4.5B5.9B8.2B7.4B7.7B
Non Current Liabilities Total936.1M903.4M928.9M1.6B1.4B1.4B
Inventory593.3M344.3M477.9M779.9M664.6M697.8M
Other Current Assets358.7M397.8M534.3M865.7M799.4M839.4M
Other Stockholder Equity274.7M204.6M168.2M182.4M109.6M180.7M
Total Liab4.1B2.6B4.0B6.2B5.4B5.7B
Total Current Assets4.2B2.6B4.0B5.2B4.5B4.7B
Accumulated Other Comprehensive Income(146.3M)(132.6M)(136.7M)(160.6M)(148.8M)(141.4M)
Short Term Debt54.1M22.9M30.6M15.8M78.8M82.7M
Intangible Assets617.7M659.8M711.9M336.2M299.7M164.4M
Accounts Payable2.6B1.2B2.4B3.5B3.1B3.3B
Current Deferred Revenue126.7M155.8M205.5M268.9M745M782.3M
Good Will843.7M858.6M861.9M1.2B1.2B1.3B

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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in World Kinect. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For information on how to trade World Stock refer to our How to Trade World Stock guide.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
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.