Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). World Kinect's share price for the quarter that ended in Dec. 2023 was $22.78. World Kinect's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 60 Mil. Therefore, World Kinect's market cap for the quarter that ended in Dec. 2023 was $1,362 Mil.
World Kinect's quarterly market cap
increased
from Jun. 2023 ($1,245 Mil) to Sep. 2023 ($1,350 Mil) and
increased
from Sep. 2023 ($1,350 Mil) to Dec. 2023 ($1,362 Mil).
World Kinect's annual market cap
increased
from Dec. 2021 ($1,633 Mil) to Dec. 2022 ($1,694 Mil) but then
declined
from Dec. 2022 ($1,694 Mil) to Dec. 2023 ($1,362 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. World Kinect's Enterprise Value for Today is $2,082 Mil.
World Kinect Market Cap Historical Data
The historical data trend for World Kinect's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of World Kinect's Market Cap
For the Oil & Gas Refining & Marketing subindustry, World Kinect's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
World Kinect's Market Cap Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, World Kinect's Market Cap distribution charts can be found below:
* The bar in red indicates where World Kinect's Market Cap falls into.
World Kinect Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
World Kinect's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
World Kinect (NYSE:WKC) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
World Kinect Market Cap Related Terms
Thank you for viewing the detailed overview of World Kinect's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
World Kinect Corp is a global energy management company involved in providing supply fulfillment, energy procurement advisory services, and transaction and payment management solutions to commercial and industrial customers worldwide. It sells and delivers liquid fuels, natural gas, electricity, renewable energy, and other sustainability solutions.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
WKC has been successfully added to your 