World Kinect Corporation
World Kinect Corporation operates as an energy management company in the United States, the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates through three segments: Aviation, Land, and Marine. The Aviation segment provides jet fuel, sustainable aviation fuel, aviation gasoline, and aviation fuel to commercial and international airlines, regional airlines, cargo carrier… Read more
World Kinect Corporation (WKC) - Total Assets
Latest total assets as of September 2025: $6.06 Billion USD
Based on the latest financial reports, World Kinect Corporation (WKC) holds total assets worth $6.06 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
World Kinect Corporation - Total Assets Trend (1985–2024)
This chart illustrates how World Kinect Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
World Kinect Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
World Kinect Corporation's total assets of $6.06 Billion consist of 58.8% current assets and 41.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $382.90 Million | 5.7% |
| Accounts Receivable | $2.43 Billion | 36.1% |
| Inventory | $513.50 Million | 7.6% |
| Property, Plant & Equipment | $513.30 Million | 7.6% |
| Intangible Assets | $261.20 Million | 3.9% |
| Goodwill | $1.18 Billion | 17.6% |
Asset Composition Trend (1985–2024)
This chart illustrates how World Kinect Corporation's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: World Kinect Corporation's current assets represent 58.8% of total assets in 2024, an increase from 42.1% in 1985.
- Cash Position: Cash and equivalents constituted 5.7% of total assets in 2024, down from 15.8% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 20.0% of total assets, an increase from 0.0% in 1985.
- Asset Diversification: The largest asset category is accounts receivable at 36.1% of total assets.
World Kinect Corporation Competitors by Total Assets
Key competitors of World Kinect Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shandong Shengli Co Ltd
SHE:000407
|
China | CN¥6.05 Billion |
|
Sinopec Shandong Taishan Petroleum Co Ltd
SHE:000554
|
China | CN¥1.77 Billion |
|
Jiangsu Gaoke Petrochemical Co
SHE:002778
|
China | CN¥905.01 Million |
|
Hankook Shell Oil
KO:002960
|
Korea | ₩188.72 Billion |
|
Mi Chang Oil
KO:003650
|
Korea | ₩512.60 Billion |
|
SK Discovery Co Ltd
KO:006125
|
Korea | ₩15.44 Trillion |
|
S-Oil Corp
KO:010950
|
Korea | ₩24.99 Trillion |
|
The LEADCORP Inc
KQ:012700
|
Korea | ₩1.05 Trillion |
World Kinect Corporation - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - World Kinect Corporation generates 6.28x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, World Kinect Corporation generates $ 1.00 in net profit.
World Kinect Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.15 | 1.16 | 1.57 |
| Quick Ratio | 0.99 | 0.99 | 1.36 |
| Cash Ratio | 0.15 | 0.10 | 0.00 |
| Working Capital | $484.10 Million | $ 587.60 Million | $ 955.30 Million |
World Kinect Corporation - Advanced Valuation Insights
This section examines the relationship between World Kinect Corporation's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.92 |
| Latest Market Cap to Assets Ratio | 0.18 |
| Asset Growth Rate (YoY) | -8.7% |
| Total Assets | $6.73 Billion |
| Market Capitalization | $1.24 Billion USD |
Valuation Analysis
Below Book Valuation: The market values World Kinect Corporation's assets below their book value (0.18 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: World Kinect Corporation's assets decreased by 8.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for World Kinect Corporation (1985–2024)
The table below shows the annual total assets of World Kinect Corporation from 1985 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $6.73 Billion | -8.73% |
| 2023-12-31 | $7.38 Billion | -9.67% |
| 2022-12-31 | $8.16 Billion | +37.40% |
| 2021-12-31 | $5.94 Billion | +32.04% |
| 2020-12-31 | $4.50 Billion | -24.90% |
| 2019-12-31 | $5.99 Billion | +5.36% |
| 2018-12-31 | $5.69 Billion | +1.78% |
| 2017-12-31 | $5.59 Billion | +3.24% |
| 2016-12-31 | $5.41 Billion | +18.97% |
| 2015-12-31 | $4.55 Billion | -6.77% |
| 2014-12-31 | $4.88 Billion | +2.97% |
| 2013-12-31 | $4.74 Billion | +15.37% |
| 2012-12-31 | $4.11 Billion | +11.10% |
| 2011-12-31 | $3.70 Billion | +44.06% |
| 2010-12-31 | $2.57 Billion | +47.39% |
| 2009-12-31 | $1.74 Billion | +23.96% |
| 2008-12-31 | $1.40 Billion | -21.88% |
| 2007-12-31 | $1.80 Billion | +40.76% |
| 2006-12-31 | $1.28 Billion | +25.98% |
| 2005-12-31 | $1.01 Billion | +42.38% |
| 2004-12-31 | $712.17 Million | +99.11% |
| 2003-12-31 | $357.68 Million | +38.68% |
| 2001-12-31 | $257.92 Million | +16.10% |
| 2000-12-31 | $222.16 Million | -2.03% |
| 1999-12-31 | $226.78 Million | +44.54% |
| 1998-12-31 | $156.90 Million | +9.49% |
| 1997-12-31 | $143.30 Million | +16.41% |
| 1996-12-31 | $123.10 Million | +9.91% |
| 1995-12-31 | $112.00 Million | +25.14% |
| 1994-12-31 | $89.50 Million | +66.67% |
| 1993-12-31 | $53.70 Million | -1.83% |
| 1992-12-31 | $54.70 Million | -1.26% |
| 1991-12-31 | $55.40 Million | +11.02% |
| 1990-12-31 | $49.90 Million | +24.44% |
| 1989-12-31 | $40.10 Million | +146.01% |
| 1988-12-31 | $16.30 Million | +64.65% |
| 1987-12-31 | $9.90 Million | +45.59% |
| 1986-12-31 | $6.80 Million | +78.95% |
| 1985-12-31 | $3.80 Million | -- |