World Current Deferred Revenue vs Property Plant Equipment Analysis

WKC Stock   28.74  0.31  1.09%   
World Kinect financial indicator trend analysis is more than just analyzing World Kinect current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether World Kinect is a good investment. Please check the relationship between World Kinect Current Deferred Revenue and its Property Plant Equipment accounts. 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.

Current Deferred Revenue vs Property Plant Equipment

Current Deferred Revenue vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of World Kinect Current Deferred Revenue account and Property Plant Equipment. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between World Kinect's Current Deferred Revenue and Property Plant Equipment is 0.46. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of World Kinect, assuming nothing else is changed. The correlation between historical values of World Kinect's Current Deferred Revenue and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of World Kinect are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Current Deferred Revenue i.e., World Kinect's Current Deferred Revenue and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Property Plant Equipment

Most indicators from World Kinect's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Enterprise Value Over EBITDA is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 10.32, whereas Tax Provision is forecasted to decline to about 12.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense40.2M110.6M135.5M142.3M
Depreciation And Amortization81M107.8M104.5M109.7M

World Kinect fundamental ratios Correlations

0.760.890.960.860.850.640.920.240.930.770.240.890.530.910.880.9-0.070.990.960.290.40.950.540.630.95
0.760.650.620.760.690.740.780.460.710.450.460.660.480.90.540.620.070.720.730.330.320.60.50.40.79
0.890.650.880.660.960.510.860.20.980.890.20.640.170.890.660.88-0.470.920.750.390.40.830.180.760.96
0.960.620.880.730.830.640.80.010.890.80.020.90.420.820.910.89-0.140.990.930.250.280.990.440.680.88
0.860.760.660.730.640.410.930.540.730.490.540.780.810.780.730.740.260.770.880.20.530.720.780.360.8
0.850.690.960.830.640.60.830.140.960.910.140.590.140.880.620.85-0.450.880.70.440.320.780.170.850.95
0.640.740.510.640.410.60.43-0.250.570.46-0.250.690.230.670.60.580.030.670.630.2-0.080.660.320.460.61
0.920.780.860.80.930.830.430.520.90.680.520.710.540.90.680.82-0.110.860.840.360.620.760.530.530.94
0.240.460.20.010.540.14-0.250.520.23-0.021.00.040.420.39-0.030.090.10.120.210.190.59-0.020.35-0.120.29
0.930.710.980.890.730.960.570.90.230.90.240.670.240.940.70.9-0.40.940.790.390.420.840.250.740.99
0.770.450.890.80.490.910.460.68-0.020.9-0.020.480.030.730.630.85-0.490.810.60.270.090.750.040.910.85
0.240.460.20.020.540.14-0.250.521.00.24-0.020.040.420.39-0.030.10.10.120.220.190.59-0.020.35-0.120.3
0.890.660.640.90.780.590.690.710.040.670.480.040.690.70.930.720.260.870.970.140.290.930.710.390.71
0.530.480.170.420.810.140.230.540.420.240.030.420.690.350.620.350.750.410.7-0.120.310.470.98-0.010.34
0.910.90.890.820.780.880.670.90.390.940.730.390.70.350.660.82-0.240.90.810.410.430.780.350.580.96
0.880.540.660.910.730.620.60.68-0.030.70.63-0.030.930.620.660.750.190.870.930.020.160.940.630.520.71
0.90.620.880.890.740.850.580.820.090.90.850.10.720.350.820.75-0.180.910.820.30.190.860.360.730.89
-0.070.07-0.47-0.140.26-0.450.03-0.110.1-0.4-0.490.10.260.75-0.240.19-0.18-0.170.18-0.4-0.19-0.060.72-0.41-0.29
0.990.720.920.990.770.880.670.860.120.940.810.120.870.410.90.870.91-0.170.930.310.330.970.430.680.94
0.960.730.750.930.880.70.630.840.210.790.60.220.970.70.810.930.820.180.930.190.350.940.70.480.83
0.290.330.390.250.20.440.20.360.190.390.270.190.14-0.120.410.020.3-0.40.310.190.240.23-0.10.330.38
0.40.320.40.280.530.32-0.080.620.590.420.090.590.290.310.430.160.19-0.190.330.350.240.260.3-0.110.45
0.950.60.830.990.720.780.660.76-0.020.840.75-0.020.930.470.780.940.86-0.060.970.940.230.260.490.630.84
0.540.50.180.440.780.170.320.530.350.250.040.350.710.980.350.630.360.720.430.7-0.10.30.490.030.35
0.630.40.760.680.360.850.460.53-0.120.740.91-0.120.39-0.010.580.520.73-0.410.680.480.33-0.110.630.030.7
0.950.790.960.880.80.950.610.940.290.990.850.30.710.340.960.710.89-0.290.940.830.380.450.840.350.7
Click cells to compare fundamentals

World Kinect Account Relationship Matchups

World Kinect fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.0B4.5B5.9B8.2B7.4B7.7B
Short Long Term Debt Total628.8M524.7M508.7M845.7M887.9M932.3M
Other Current Liab505.6M446.4M666.5M850.6M873.3M917.0M
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 Assets498.8M397.8M534.3M865.7M799.4M839.4M
Other Stockholder Equity274.7M204.6M168.2M182.4M109.6M179.9M
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 Payable2.4B2.6B1.2B3.5B3.1B3.3B
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 Earnings Calls module to check upcoming earnings announcements updated hourly across public 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.