World Kinect Corporation (WKC)

World Kinect Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	373.8	304.3	298.4	652.2	658.8	186.1
Cash & Short-Term Investments	373.8	304.3	298.4	652.2	658.8	186.1
Cash Growth	6.77%	1.98%	-54.25%	-1.00%	254.00%	-12.09%
Receivables	2,476	2,736	3,294	2,355	1,238	2,892
Inventory	619.9	664.6	779.9	477.9	344.3	593.3
Prepaid Expenses	89.8	77.6	83.6	59.2	51.1	80.6
Other Current Assets	611.1	721.8	782.1	475.1	346.7	418.2
Total Current Assets	4,171	4,504	5,238	4,020	2,639	4,170
Property, Plant & Equipment	505.6	581.6	573.4	412.7	407.8	441.8
Goodwill	1,182	1,238	1,233	861.9	858.6	843.7
Other Intangible Assets	266.3	413.9	435.5	275.9	278.4	281.6
Long-Term Deferred Tax Assets	-	83.4	68	44.8	33.7	20.7
Other Long-Term Assets	860.3	554.6	616.6	327.4	282.5	234.5
Total Assets	6,985	7,375	8,165	5,942	4,500	5,992
Accounts Payable	2,751	3,098	3,530	2,400	1,215	2,603
Accrued Expenses	657	712.8	702.3	260.6	200	333.8
Current Portion of Long-Term Debt	85	75.6	12.1	26	19.1	49.8
Current Portion of Leases	-	35.4	39.6	35.7	37	39.9
Other Current Liabilities	90.3	128.3	325.1	374.8	213.2	136.2
Total Current Liabilities	3,583	4,050	4,609	3,097	1,684	3,162
Long-Term Debt	775.2	796.7	818.2	461.5	487.4	560.3
Long-Term Leases	22.8	170.3	175.9	150.4	138.7	139.1
Long-Term Deferred Tax Liabilities	-	59.2	77.9	60.3	53.6	54.1
Other Long-Term Liabilities	552.5	349.7	493.2	256.7	223.7	182.6
Total Liabilities	4,934	5,426	6,174	4,026	2,587	4,099
Common Stock	0.6	0.6	0.6	0.6	0.6	0.7
Additional Paid-In Capital	64.3	109.6	182.4	168.1	204.6	274.7
Retained Earnings	2,121	1,982	1,963	1,881	1,837	1,761
Comprehensive Income & Other	-141.1	-148.8	-160.6	-136.6	-132.6	-146.3
Total Common Equity	2,044	1,943	1,985	1,913	1,909	1,890
Minority Interest	6.6	6.7	5.9	4.1	3.6	3.5
Shareholders' Equity	2,051	1,950	1,991	1,917	1,913	1,894
Total Liabilities & Equity	6,985	7,375	8,165	5,942	4,500	5,992
Total Debt	883	1,078	1,046	673.6	682.2	789.1
Net Cash (Debt)	-509.2	-773.7	-747.4	-21.4	-23.4	-603
Net Cash Per Share	-8.47	-12.54	-11.92	-0.34	-0.37	-9.07
Filing Date Shares Outstanding	58.08	59.85	62.04	63.44	63.12	65.41
Total Common Shares Outstanding	58.1	59.8	62	61.7	62.9	65.2
Working Capital	587.6	454.1	629.5	923	955.3	1,008
Book Value Per Share	35.19	32.49	32.01	31.00	30.35	28.99
Tangible Book Value	596.4	291.1	316.4	774.9	772.3	765.1
Tangible Book Value Per Share	10.27	4.87	5.10	12.56	12.28	11.73
Land	-	81.9	72.8	19.9	19.1	22.3
Buildings	-	108.4	103.6	77.4	74.5	84.8
Machinery	-	487.4	453.7	372.1	367	377.8

Source: S&P Capital IQ. Standard template. Financial Sources.