World Kinect Corp financial data

Symbol
WKC on NYSE
Industry
Wholesale-Petroleum & Petroleum Products (No Bulk Stations)
Location
9800 N.W. 41 St Street, Miami, FL
State of incorporation
Florida
Fiscal year end
December 31
Former names
WORLD FUEL SERVICES CORP (to 6/7/2023), INTERNATIONAL RECOVERY CORP (to 2/8/1995)
Latest financial report
10-Q - Q2 2024 - Jul 26, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 113 % +0.69%
Quick Ratio 16.5 % +4.35%
Debt-to-equity 270 % -6.07%
Return On Equity 6.86 % +17%
Return On Assets 1.86 % +22.4%
Operating Margin 0.36 % -39.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 59.1M shares -1.83%
Common Stock, Shares, Outstanding 59.1M shares -1.83%
Entity Public Float 1.21B USD -1.94%
Common Stock, Value, Issued 600K USD 0%
Weighted Average Number of Shares Outstanding, Basic 59.8M shares -4.01%
Weighted Average Number of Shares Outstanding, Diluted 60M shares -4%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 46.2B USD -12.9%
Cost of Revenue 45.2B USD -12.9%
General and Administrative Expense 296M USD -4.94%
Operating Income (Loss) 166M USD -47.9%
Nonoperating Income (Expense) -19.6M USD +87.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 147M USD -6.62%
Income Tax Expense (Benefit) 12M USD -69.5%
Net Income (Loss) Attributable to Parent 136M USD +17.1%
Earnings Per Share, Basic 2.28 USD/shares +21.9%
Earnings Per Share, Diluted 2.28 USD/shares +22.6%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 525M USD +78.5%
Accounts Receivable, after Allowance for Credit Loss, Current 2.59B USD +4.8%
Inventory, Net 647M USD +17%
Other Assets, Current 361M USD -15.8%
Assets, Current 4.4B USD +8.67%
Property, Plant and Equipment, Net 515M USD +6.42%
Operating Lease, Right-of-Use Asset 181M USD -4.24%
Intangible Assets, Net (Excluding Goodwill) 276M USD -13.3%
Goodwill 1.17B USD -4.99%
Other Assets, Noncurrent 848M USD -0.84%
Assets 7.19B USD +3.27%
Accounts Payable, Current 2.98B USD +9.87%
Accrued Liabilities, Current 660M USD +12%
Liabilities, Current 3.82B USD +6.91%
Long-term Debt and Lease Obligation 798M USD -2.25%
Accrued Income Taxes, Noncurrent 213M USD -0.56%
Operating Lease, Liability, Noncurrent 158M USD -3.84%
Other Liabilities, Noncurrent 535M USD -12%
Liabilities 5.15B USD +3.11%
Accumulated Other Comprehensive Income (Loss), Net of Tax -152M USD -3.68%
Retained Earnings (Accumulated Deficit) 2.1B USD +4.94%
Stockholders' Equity Attributable to Parent 2.03B USD +3.74%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 2.04B USD +3.67%
Liabilities and Equity 7.19B USD +3.27%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 110M USD -22.9%
Net Cash Provided by (Used in) Financing Activities -64.3M USD +66.6%
Net Cash Provided by (Used in) Investing Activities -16.9M USD +28.1%
Common Stock, Shares Authorized 100M shares 0%
Common Stock, Shares, Issued 59.1M shares -1.83%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 17.1M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 525M USD +78.5%
Deferred Tax Assets, Valuation Allowance 15.2M USD -41.8%
Deferred Tax Assets, Gross 180M USD +31.3%
Operating Lease, Liability 190M USD -5%
Payments to Acquire Property, Plant, and Equipment 17.5M USD -6.92%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 131M USD -8.87%
Lessee, Operating Lease, Liability, to be Paid 228M USD -7.91%
Operating Lease, Liability, Current 32.2M USD -10.3%
Lessee, Operating Lease, Liability, to be Paid, Year Two 32.1M USD -7.76%
Lessee, Operating Lease, Liability, to be Paid, Year One 39.4M USD -8.8%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Deferred Income Tax Expense (Benefit) -25.9M USD -825%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 38.1M USD -20.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 26.9M USD -10.9%
Deferred Tax Assets, Operating Loss Carryforwards 69.1M USD +21.9%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 100K shares 0%
Unrecognized Tax Benefits 73.1M USD +7.34%
Lessee, Operating Lease, Liability, to be Paid, Year Four 22.6M USD -9.24%
Deferred Tax Assets, Net of Valuation Allowance 165M USD +48.6%
Interest Expense 125M USD -13.1%
Preferred Stock, Par or Stated Value Per Share 1 USD/shares 0%