World Fuel Services Corp.
0.0 %
26.98 %
Yet to be announced
Company Overview
World Kinect Corporation engages in the distribution of fuel and related products and services in the aviation, marine and land transportation industries worldwide. The company was formerly known as World Fuel Services Corporation and changed its name to World Kinect Corporation in June 2023. World Kinect Corporation was incorporated in 1984 and is headquartered in Miami, Florida.
Revenue Sources
Based on the company's SEC filings and business operations, World Fuel Services primarily generates revenue from fuel distribution and related services. Their core business activities involve the distribution of conventional fuels and energy products, which are halal business activities. There is no evidence of significant revenue from prohibited sources like alcohol, gambling, or other haram products and services.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $10.49b | $10.42b | - | - | 0.00% | 0.00% |
| June 30, 2024 | $10.97b | $10.92b | - | - | 0.00% | 0.00% |
| March 31, 2024 | $10.95b | $10.89b | - | - | 0.00% | 0.00% |
| Dec. 31, 2023 | $12.0b | $12.02b | - | - | 0.00% | 0.00% |
Looking at the financial data for the past four quarters, the company reports zero interest income and zero interest expense. This indicates that interest-based income and expenses are not material to the company's operations.
Operational Ethics
Based on available information from SEC filings and company reports, there is no evidence of significant ongoing associations with entities involved in human rights violations. While the company operates globally, there are no documented material ties to the Chinese Communist Party or the state of Israel.
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