World Kinect (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 (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
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 108.78 Bn | 81.58 Bn | 12.69 Bn | 36.41 |
| 2 | Valero Energy | 101.48 Bn | 73.34 Bn | 9.41 Bn | 63.01 |
| 3 | HF Sinclair | 17.55 Bn | 9.83 Bn | 3.15 Bn | 49.48 |
| 4 | Sunoco | 8.51 Bn | 5.36 Bn | 1.56 Bn | 3.76 |
| 5 | PBF Energy | 8.25 Bn | 3.75 Bn | 2.17 Bn | 77.24 |
| 6 | Ultrapar Holdings | 5.89 Bn | -1.35 Bn | 912.61 Mn | 4.13 |
| 7 | Delek US Holdings | 3.99 Bn | 1.48 Bn | 365.10 Mn | - |
| 8 | Cvr Energy | 3.92 Bn | 882.00 Mn | 783.00 Mn | - |
| 9 | Icahn Enterprises | 3.47 Bn | -2.79 Bn | - | 0.02 |
| 10 | World Kinect | 1.84 Bn | 1.14 Bn | 288.10 Mn | - |
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 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();