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.
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.
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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
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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.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.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 Total | 508.7M | 845.7M | 887.9M | 932.3M | Total Assets | 5.9B | 8.2B | 7.4B | 7.7B |
World Kinect balance sheet Correlations
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World Kinect Account Relationship Matchups
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World Kinect balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.0B | 4.5B | 5.9B | 8.2B | 7.4B | 7.7B | |
Short Long Term Debt Total | 628.8M | 524.7M | 508.7M | 845.7M | 887.9M | 932.3M | |
Other Current Liab | 378.9M | 446.4M | 666.5M | 850.6M | 873.3M | 917.0M | |
Total Current Liabilities | 3.2B | 1.7B | 3.1B | 4.6B | 4.0B | 4.3B | |
Total Stockholder Equity | 1.9B | 1.9B | 1.9B | 2.0B | 1.9B | 2.0B | |
Property Plant And Equipment Net | 360.9M | 342.6M | 348.9M | 484.2M | 695.8M | 730.6M | |
Net Debt | 442.7M | (134.1M) | (143.5M) | 547.3M | 583.6M | 612.8M | |
Retained Earnings | 1.8B | 1.8B | 1.9B | 2.0B | 2.0B | 2.1B | |
Cash | 186.1M | 658.8M | 652.2M | 298.4M | 304.3M | 189.3M | |
Non Current Assets Total | 1.8B | 1.9B | 1.9B | 2.9B | 2.9B | 3.0B | |
Non Currrent Assets Other | 157.3M | 283.9M | 254.5M | 499.3M | 638M | 669.9M | |
Cash And Short Term Investments | 186.1M | 658.8M | 652.2M | 298.4M | 304.3M | 190.7M | |
Net Receivables | 2.9B | 1.2B | 2.4B | 3.3B | 2.7B | 2.9B | |
Common Stock Shares Outstanding | 66.5M | 64M | 63.3M | 62.7M | 61.7M | 58.4M | |
Liabilities And Stockholders Equity | 6.0B | 4.5B | 5.9B | 8.2B | 7.4B | 7.7B | |
Non Current Liabilities Total | 936.1M | 903.4M | 928.9M | 1.6B | 1.4B | 1.4B | |
Inventory | 593.3M | 344.3M | 477.9M | 779.9M | 664.6M | 697.8M | |
Other Current Assets | 358.7M | 397.8M | 534.3M | 865.7M | 799.4M | 839.4M | |
Other Stockholder Equity | 274.7M | 204.6M | 168.2M | 182.4M | 109.6M | 180.7M | |
Total Liab | 4.1B | 2.6B | 4.0B | 6.2B | 5.4B | 5.7B | |
Total Current Assets | 4.2B | 2.6B | 4.0B | 5.2B | 4.5B | 4.7B | |
Accumulated Other Comprehensive Income | (146.3M) | (132.6M) | (136.7M) | (160.6M) | (148.8M) | (141.4M) | |
Short Term Debt | 54.1M | 22.9M | 30.6M | 15.8M | 78.8M | 82.7M | |
Intangible Assets | 617.7M | 659.8M | 711.9M | 336.2M | 299.7M | 164.4M | |
Accounts Payable | 2.6B | 1.2B | 2.4B | 3.5B | 3.1B | 3.3B | |
Current Deferred Revenue | 126.7M | 155.8M | 205.5M | 268.9M | 745M | 782.3M | |
Good Will | 843.7M | 858.6M | 861.9M | 1.2B | 1.2B | 1.3B |
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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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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.