World Kinect (WKC) Interest Expenses (2012 - 2016)
World Kinect's (WKC) quarterly Interest Expenses came in at $9.6 million in Q2 2016, up 24.68% year-on-year from $7.7 million in Q3 2015, and up 7.87% quarter-over-quarter from $8.9 million in Q1 2016.
World Kinect (WKC) Interest Expenses (2012 - 2016) Analysis & Trends
World Kinect has disclosed Interest Expenses across 5 years of filings, most recently posting $9.6 million for Q2 2016.
- Interest Expenses for Q2 2016 came in at $9.6 million, up 24.68% year-over-year; the trailing twelve-month figure through Mar 2017 was $9.6 million (down 72.73% YoY), and the FY2015 annual result was $34.9 million, up 11.86% from the prior year.
- Interest Expenses came in at $9.6 million for Q2 2016 at World Kinect, up from $8.9 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $10.1 million in Q3 2014 to a low of $4.1 million in Q1 2013.
- The 5-year median for Interest Expenses is $6.1 million (2013), against an average of $7.0 million.
- Across the five-year window, Interest Expenses declined 17.23% in 2013 and surged 68.0% in 2014, its largest moves.
- World Kinect's Interest Expenses stood at $4.8 million in 2012, then advanced by 24.97% to $6.0 million in 2013, then soared by 47.72% to $8.9 million in 2014, then rose by 5.62% to $9.4 million in 2015, then gained by 2.13% to $9.6 million in 2016.
- The last three Interest Expenses figures came in at $9.6 million (Q2 2016), $8.9 million (Q1 2016), and $9.4 million (Q4 2015), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 76.18 Bn | 80.70 Bn | 3.31 Bn | 370.00 Mn |
| 2 | Valero Energy | 75.63 Bn | 72.96 Bn | 30.79 Bn | 140.00 Mn |
| 3 | Phillips 66 | 71.92 Bn | 67.92 Bn | 31.12 Bn | 286.00 Mn |
| 4 | HF Sinclair | 12.56 Bn | 11.48 Bn | 1.19 Bn | 41.00 Mn |
| 5 | Sunoco | 8.81 Bn | 8.10 Bn | 1.69 Bn | 201.00 Mn |
| 6 | Cosan | 5.12 Bn | 250.68 Mn | 552.94 Mn | 2.94 Bn |
| 7 | Icahn Enterprises | 4.72 Bn | 3.42 Bn | -134.00 Mn | 123.00 Mn |
| 8 | PBF Energy | 4.49 Bn | 4.08 Bn | 278.50 Mn | 42.10 Mn |
| 9 | Cvr Energy | 3.16 Bn | 2.85 Bn | -103.00 Mn | - |
| 10 | World Kinect | 1.61 Bn | 1.38 Bn | 271.20 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2016 | 9.60 Mn |
| Jun 30, 2016 | 9.60 Mn |
| Mar 31, 2016 | 8.90 Mn |
| Mar 31, 2016 | 8.90 Mn |
| Dec 31, 2015 | 9.40 Mn |
| Dec 31, 2015 | 9.40 Mn |
| Sep 30, 2015 | 9.20 Mn |
| Sep 30, 2015 | 9.20 Mn |
| Jun 30, 2015 | 7.70 Mn |
| Jun 30, 2015 | 7.70 Mn |
| Mar 31, 2015 | 8.50 Mn |
| Mar 31, 2015 | 8.50 Mn |
| Dec 31, 2014 | 8.90 Mn |
| Dec 31, 2014 | 8.90 Mn |
| Sep 30, 2014 | 10.10 Mn |
| Sep 30, 2014 | 10.10 Mn |
| Jun 30, 2014 | 6.20 Mn |
| Jun 30, 2014 | 6.20 Mn |
| Mar 31, 2014 | 6.00 Mn |
| Mar 31, 2014 | 6.00 Mn |