World Kinect (WKC) Interest Expenses (2012 - 2016)
World Kinect's Interest Expenses was $9.6 million in Q2 2016, up 24.7% from $7.7 million a year earlier and up 7.9% from the prior quarter.
World Kinect (WKC) Interest Expenses (2012 - 2016) Analysis & Trends
On a trailing twelve-month basis, World Kinect's Interest Expenses was $37.1 million through Jun 30, 2016, up 5.4% year-over-year; for FY2015, it was $34.9 million, up 11.9% from FY2014.
- Interest Expenses has now increased for five consecutive years, with a five-year compound annual growth rate of 44.9% (FY2010 to FY2015).
- In earlier years, Interest Expenses was $31.2 million in FY2014 (+47.2%), $21.2 million in FY2013 (+6.0%), $20.01 million in FY2012 (+20.4%) and $16.61 million in FY2011 (+204.3%).
- The Q2 2016 figure marks the highest quarterly Interest Expenses since Q3 2014.
- Compared with a year earlier, Interest Expenses has increased for three straight quarters, with growth averaging 26.0% over the last eight quarters.
- The best year-over-year quarter for Interest Expenses over five years was Q3 2014 (growth of 68.0%); the worst was Q1 2013 (a decline of 17.2%).
- Per Business Quant data, WKC's Interest Expenses in the three quarters before Q2 2016 was $8.9 million (Q1 2016), $9.4 million (Q4 2015) and $9.2 million (Q3 2015).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Valero Energy | 111.70 Bn | 91.91 Bn | 5.47 Bn | 145.00 Mn |
| 2 | Marathon Petroleum | 111.10 Bn | 101.50 Bn | 9.27 Bn | 340.00 Mn |
| 3 | HF Sinclair | 19.09 Bn | 13.31 Bn | 1.57 Bn | 20.00 Mn |
| 4 | Sunoco | 9.98 Bn | 4.36 Bn | 1.46 Bn | 204.00 Mn |
| 5 | PBF Energy | 9.19 Bn | 6.88 Bn | 1.15 Bn | 42.00 Mn |
| 6 | Ultrapar Holdings | 7.82 Bn | 1.60 Bn | 912.61 Mn | -143.84 Mn |
| 7 | Cvr Energy | 5.13 Bn | 2.92 Bn | 117.00 Mn | - |
| 8 | Icahn Enterprises | 4.80 Bn | -958.32 Mn | - | 121.00 Mn |
| 9 | Delek US Holdings | 4.37 Bn | 2.10 Bn | 365.10 Mn | - |
| 10 | World Kinect | 1.80 Bn | 856.19 Mn | 365.10 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2016 | 9.60 Mn |
| Mar 31, 2016 | 8.90 Mn |
| Dec 31, 2015 | 9.40 Mn |
| Sep 30, 2015 | 9.20 Mn |
| Jun 30, 2015 | 7.70 Mn |
| Mar 31, 2015 | 8.50 Mn |
| Dec 31, 2014 | 8.90 Mn |
| Sep 30, 2014 | 10.10 Mn |
| Jun 30, 2014 | 6.20 Mn |
| Mar 31, 2014 | 6.00 Mn |
| Dec 31, 2013 | 6.03 Mn |
| Sep 30, 2013 | 6.01 Mn |
| Jun 30, 2013 | 5.08 Mn |
| Mar 31, 2013 | 4.08 Mn |
| Dec 31, 2012 | 4.82 Mn |
| Sep 30, 2012 | 4.56 Mn |
| Jun 30, 2012 | 5.69 Mn |
| Mar 31, 2012 | 4.93 Mn |
World Kinect Interest Expenses 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-expenses&ticker=WKC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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-expenses&ticker=WKC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();