World Kinect Corp (WKC) Interest Coverage Ratio (2012 - 2016)
World Kinect's (WKC) Interest Coverage Ratio was 4.75 for Q2 2016, down 12.1% from 5.40 a year earlier and down 30.7% from the prior quarter.
World Kinect Corp (WKC) Interest Coverage Ratio (2012 - 2016) Analysis & Trends
Over the twelve months ended Jun 30, 2016, World Kinect's Interest Coverage Ratio came in at 6.55, down 13.2% year-over-year; for FY2015, it was 7.04, down 20.6% from FY2014.
- Interest Coverage Ratio has declined for five consecutive years.
- By year, Interest Coverage Ratio came in at 8.87 in FY2014 (-28.9%), 12.48 in FY2013 (-2.9%), 12.85 in FY2012 (-16.9%) and 15.47 in FY2011 (-53.3%).
- The Q2 2016 figure ranks as the lowest quarterly Interest Coverage Ratio in data going back to Q1 2012.
- Year over year, Interest Coverage Ratio has now declined in each of the last 12 quarters, with an average decline of 20.3% over the last eight quarters.
- The high point for year-over-year Interest Coverage Ratio in five years was Q1 2013 (growth of 36.5%); the low point was Q2 2015 (a decline of 44.0%).
- Per Business Quant data, the three quarters before Q2 2016 came in at 6.85 (Q1 2016), 7.46 (Q4 2015) and 7.22 (Q3 2015).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2016 | 4.75 |
| Mar 31, 2016 | 6.85 |
| Dec 31, 2015 | 7.46 |
| Sep 30, 2015 | 7.22 |
| Jun 30, 2015 | 5.40 |
| Mar 31, 2015 | 8.41 |
| Dec 31, 2014 | 8.82 |
| Sep 30, 2014 | 7.34 |
| Jun 30, 2014 | 9.65 |
| Mar 31, 2014 | 10.72 |
| Dec 31, 2013 | 10.73 |
| Sep 30, 2013 | 10.68 |
| Jun 30, 2013 | 13.53 |
| Mar 31, 2013 | 16.40 |
| Dec 31, 2012 | 11.28 |
| Sep 30, 2012 | 15.58 |
| Jun 30, 2012 | 12.72 |
| Mar 31, 2012 | 12.01 |
World Kinect Corp Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=WKC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "WKC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=WKC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();