World Kinect Gross Profit vs. Shares Outstanding

WKC Stock   28.74  0.31  1.09%   
Based on World Kinect's profitability indicators, World Kinect may not be well positioned to generate adequate gross income at this time. It has a very high risk of underperforming in January. Profitability indicators assess World Kinect's ability to earn profits and add value for shareholders.
 
Gross Profit  
First Reported
1985-09-30
Previous Quarter
245.2 M
Current Value
268.1 M
Quarterly Volatility
97.1 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
At present, World Kinect's Days Of Sales Outstanding is projected to slightly decrease based on the last few years of reporting. At present, World Kinect's Net Income is projected to decrease significantly based on the last few years of reporting. The current year's Income Tax Expense is expected to grow to about 23.6 M, whereas Accumulated Other Comprehensive Income is projected to grow to (141.4 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.02110.0222
Notably Down
Slightly volatile
Operating Profit Margin0.00390.0042
Notably Down
Slightly volatile
For World Kinect profitability analysis, we use financial ratios and fundamental drivers that measure the ability of World Kinect to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well World Kinect utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between World Kinect's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of World Kinect over time as well as its relative position and ranking within its peers.
  

World Kinect's Revenue Breakdown by Earning Segment

Check out Your Current Watchlist.
For information on how to trade World Stock refer to our How to Trade World Stock guide.
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.

World Kinect Shares Outstanding vs. Gross Profit Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining World Kinect's current stock value. Our valuation model uses many indicators to compare World Kinect value to that of its competitors to determine the firm's financial worth.
World Kinect is rated below average in gross profit category among its peers. It also is rated below average in shares outstanding category among its peers creating about  0.05  of Shares Outstanding per Gross Profit. The ratio of Gross Profit to Shares Outstanding for World Kinect is roughly  18.75 . At present, World Kinect's Gross Profit is projected to increase significantly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the World Kinect's earnings, one of the primary drivers of an investment's value.

World Kinect's Earnings Breakdown by Geography

World Shares Outstanding vs. Gross Profit

Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

World Kinect

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
1.09 B
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

World Kinect

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
58.08 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.

World Shares Outstanding Comparison

World Kinect is currently under evaluation in shares outstanding category among its peers.

World Kinect Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in World Kinect, profitability is also one of the essential criteria for including it into their portfolios because, without profit, World Kinect will eventually generate negative long term returns. The profitability progress is the general direction of World Kinect's change in net profit over the period of time. It can combine multiple indicators of World Kinect, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-148.8 M-141.4 M
Operating Income198 M109.2 M
Income Before Tax66.7 M91.3 M
Total Other Income Expense Net-131.3 M-124.7 M
Net Income52.9 M67.8 M
Income Tax Expense13 M23.6 M
Net Interest Income-127.7 M-121.3 M
Interest Income7.8 M7.4 M
Net Income From Continuing Ops53.7 M85.5 M
Net Income Applicable To Common Shares102.7 M95.3 M
Change To Netincome249.6 M262 M
Net Income Per Share 0.86  0.78 
Income Quality 5.13  5.38 
Net Income Per E B T 0.79  0.87 

World Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on World Kinect. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of World Kinect position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the World Kinect's important profitability drivers and their relationship over time.

Use World Kinect in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if World Kinect position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in World Kinect will appreciate offsetting losses from the drop in the long position's value.

World Kinect Pair Trading

World Kinect Pair Trading Analysis

The ability to find closely correlated positions to World Kinect could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace World Kinect when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back World Kinect - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling World Kinect to buy it.
The correlation of World Kinect is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as World Kinect moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if World Kinect moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for World Kinect can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your World Kinect position

In addition to having World Kinect in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Precious Metals ETFs Thematic Idea Now

Precious Metals ETFs
Precious Metals ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Precious Metals ETFs theme has 29 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Precious Metals ETFs Theme or any other thematic opportunities.
View All  Next Launch
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.
For information on how to trade World Stock refer to our How to Trade World Stock guide.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
To fully project World Kinect's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of World Kinect at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include World Kinect's income statement, its balance sheet, and the statement of cash flows.
Potential World Kinect investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although World Kinect investors may work on each financial statement separately, they are all related. The changes in World Kinect's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on World Kinect's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.