World Kinect Corporation (WKC)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,948,700 | 1,943,000 | 1,984,900 | 1,912,700 | 1,909,300 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,948,700K
= 0.00
Based on the data provided, World Kinect Corporation has consistently maintained a debt-to-equity ratio of 0.00 from December 31, 2020, to December 31, 2024. This implies that the company has no long-term debt in its capital structure and relies solely on equity financing to support its operations and investments. A debt-to-equity ratio of 0.00 indicates that the company has no financial leverage and is not exposed to the risks associated with debt obligations. While a low or zero debt-to-equity ratio may signify financial stability and lower financial risk, it may also suggest limited growth opportunities due to the absence of debt financing for potential investments. It is essential for stakeholders to monitor the company's capital structure and financing decisions to ensure sustainable growth and strategic financial management.