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, Florida
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
Q1 2024 - Apr 26, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 112 % -0.41%
Quick Ratio 16.2 % -1.52%
Debt-to-equity 270 % -13.6%
Return On Equity 2.93 % -47.9%
Return On Assets 0.79 % -41.8%
Operating Margin 0.43 % -16%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 59.9 M shares -3.53%
Common Stock, Shares, Outstanding 59.9 M shares -3.54%
Entity Public Float 1.21 B USD -1.94%
Common Stock, Value, Issued 600 K USD 0%
Weighted Average Number of Shares Outstanding, Basic 59.9 M shares -3.7%
Weighted Average Number of Shares Outstanding, Diluted 60.3 M shares -3.98%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 46.2 B USD -21.9%
Cost of Revenue 45.1 B USD -22.2%
General and Administrative Expense 304 M USD -2.84%
Operating Income (Loss) 197 M USD -33.7%
Nonoperating Income (Expense) -126 M USD +19.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 70.5 M USD -49.4%
Income Tax Expense (Benefit) 12.1 M USD -55.2%
Net Income (Loss) Attributable to Parent 57.5 M USD -48%
Earnings Per Share, Basic 0.95 USD/shares -46.6%
Earnings Per Share, Diluted 0.95 USD/shares -46.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 321 M USD +48.3%
Accounts Receivable, after Allowance for Credit Loss, Current 2.68 B USD -10.6%
Inventory, Net 655 M USD +5.82%
Other Assets, Current 430 M USD -5.66%
Assets, Current 4.39 B USD -4.79%
Property, Plant and Equipment, Net 515 M USD +6.42%
Operating Lease, Right-of-Use Asset 181 M USD -4.24%
Intangible Assets, Net (Excluding Goodwill) 284 M USD -13.2%
Goodwill 1.18 B USD -4.79%
Other Assets, Noncurrent 826 M USD +1.56%
Assets 7.17 B USD -4.16%
Accounts Payable, Current 2.97 B USD -7.71%
Accrued Liabilities, Current 681 M USD +1.75%
Liabilities, Current 3.86 B USD -7.01%
Long-term Debt and Lease Obligation 803 M USD +13.3%
Accrued Income Taxes, Noncurrent 213 M USD -0.56%
Operating Lease, Liability, Noncurrent 158 M USD -3.84%
Other Liabilities, Noncurrent 551 M USD -9.69%
Liabilities 5.22 B USD -4.68%
Accumulated Other Comprehensive Income (Loss), Net of Tax -162 M USD -2.93%
Retained Earnings (Accumulated Deficit) 2 B USD +1.12%
Stockholders' Equity Attributable to Parent 1.95 B USD -2.8%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1.96 B USD -2.76%
Liabilities and Equity 7.17 B USD -4.16%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 110 M USD -22.9%
Net Cash Provided by (Used in) Financing Activities -64.3 M USD +66.6%
Net Cash Provided by (Used in) Investing Activities -16.9 M USD +28.1%
Common Stock, Shares Authorized 100 M shares 0%
Common Stock, Shares, Issued 59.9 M shares -3.54%
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 17.1 M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 321 M USD +48.3%
Deferred Tax Assets, Valuation Allowance 15.2 M USD -41.8%
Deferred Tax Assets, Gross 180 M USD +31.3%
Operating Lease, Liability 190 M USD -5%
Payments to Acquire Property, Plant, and Equipment 17.5 M USD -6.92%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 52.9 M USD -55.5%
Lessee, Operating Lease, Liability, to be Paid 228 M USD -7.91%
Operating Lease, Liability, Current 32.2 M USD -10.3%
Lessee, Operating Lease, Liability, to be Paid, Year Two 32.1 M USD -7.76%
Lessee, Operating Lease, Liability, to be Paid, Year One 39.4 M USD -8.8%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Deferred Income Tax Expense (Benefit) -25.9 M USD -825%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 38.1 M USD -20.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 26.9 M USD -10.9%
Deferred Tax Assets, Operating Loss Carryforwards 69.1 M USD +21.9%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 100 K shares 0%
Unrecognized Tax Benefits 73.1 M USD +7.34%
Lessee, Operating Lease, Liability, to be Paid, Year Four 22.6 M USD -9.24%
Deferred Tax Assets, Net of Valuation Allowance 165 M USD +48.6%
Interest Expense 131 M USD -4.4%
Preferred Stock, Par or Stated Value Per Share 1 USD/shares 0%