Kinross Financial Statements From 2010 to 2024

K Stock  CAD 14.27  0.20  1.42%   
Kinross Gold financial statements provide useful quarterly and yearly information to potential Kinross Gold Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Kinross Gold financial statements helps investors assess Kinross Gold's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Kinross Gold's valuation are summarized below:
Gross Profit
1.5 B
Profit Margin
0.1523
Market Capitalization
17.3 B
Enterprise Value Revenue
2.8052
Revenue
4.8 B
We have found one hundred twenty available fundamental ratios for Kinross Gold, which can be analyzed and compared to other ratios and to its peers in the industry. Self-guided Investors are advised to check Kinross Gold's last-minute fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 22nd of November 2024, Market Cap is likely to grow to about 6.9 B. Also, Enterprise Value is likely to grow to about 8 B

Kinross Gold Total Revenue

4.45 Billion

Check Kinross Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kinross Gold's main balance sheet or income statement drivers, such as Interest Expense of 65.5 M, Total Revenue of 4.5 B or Gross Profit of 1.2 B, as well as many indicators such as Price To Sales Ratio of 1.63, Dividend Yield of 0.0212 or PTB Ratio of 1.6. Kinross financial statements analysis is a perfect complement when working with Kinross Gold Valuation or Volatility modules.
  
This module can also supplement various Kinross Gold Technical models . Check out the analysis of Kinross Gold Correlation against competitors.
To learn how to invest in Kinross Stock, please use our How to Invest in Kinross Gold guide.

Kinross Gold Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding1.3 B1.2 B1.1 B
Slightly volatile
Total Assets6.6 B10.5 B9.4 B
Very volatile
Short and Long Term Debt Total2.4 B2.3 B1.9 B
Slightly volatile
Total Current Liabilities490.7 M685.5 M706.9 M
Very volatile
Total Stockholder Equity4.2 B6.1 B5.7 B
Very volatile
Property Plant And Equipment Net4.1 BB6.1 B
Pretty Stable
Accounts Payable160.8 M113.7 M212.6 M
Pretty Stable
Cash575.4 M352.4 M803.7 M
Slightly volatile
Non Current Assets Total5.2 B8.7 B7.3 B
Very volatile
Non Currrent Assets Other294.9 M589.2 M467.1 M
Slightly volatile
Cash And Short Term Investments592.1 M352.4 M828.6 M
Slightly volatile
Net Receivables128.2 M106.6 M180.7 M
Very volatile
Short Term Investments28.7 M14.5 M39.4 M
Slightly volatile
Liabilities And Stockholders Equity6.6 B10.5 B9.4 B
Very volatile
Non Current Liabilities Total1.8 B3.7 BB
Pretty Stable
Inventory610.7 M1.2 BB
Pretty Stable
Other Stockholder Equity11.2 B10.6 B3.7 B
Slightly volatile
Total Liabilities2.3 B4.4 B3.7 B
Pretty Stable
Property Plant And Equipment Gross21.5 B20.5 BB
Slightly volatile
Total Current Assets1.4 B1.8 B2.1 B
Pretty Stable
Common Stock4.3 B4.5 B10.3 B
Slightly volatile
Intangible Assets499.2 M296.9 M378.2 M
Slightly volatile
Common Stock Total Equity3.8 BB11.3 B
Slightly volatile
Other Liabilities1.1 B1.1 B1.3 B
Slightly volatile
Net Tangible Assets5.6 B6.7 B5.3 B
Slightly volatile
Long Term Debt2.1 B2.2 B1.9 B
Very volatile
Deferred Long Term Liabilities11.3 M7.8 M9.8 M
Pretty Stable
Long Term Investments58.1 M61.2 M210.7 M
Slightly volatile
Short and Long Term Debt30.8 M32.4 M926.9 M
Slightly volatile
Property Plant Equipment6.7 B8.9 B6.4 B
Slightly volatile
Long Term Debt TotalBB1.9 B
Slightly volatile
Capital Surpluse12.9 B12.3 BB
Slightly volatile
Non Current Liabilities Other94.9 M82.4 M138.5 M
Slightly volatile
Net Invested Capital8.4 B8.3 BB
Slightly volatile
Net Working Capital962.3 M1.1 B1.4 B
Slightly volatile
Capital Stock6.4 B4.5 B11.6 B
Slightly volatile
Capital Lease Obligations33.1 M27.6 M48.9 M
Slightly volatile

Kinross Gold Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Revenue4.5 B4.2 B3.5 B
Slightly volatile
Depreciation And AmortizationB986.8 M759.1 M
Slightly volatile
Selling General Administrative100.9 M108.7 M134.8 M
Pretty Stable
Cost Of Revenue2.1 B3.1 B3.2 B
Slightly volatile
Research Development109.1 M122.8 M133.7 M
Slightly volatile
Minority Interest855 K900 K38.4 M
Slightly volatile
Non Recurring82.8 M95.4 M103 M
Slightly volatile
Interest Income50.1 M40.5 M71.2 M
Slightly volatile
Reconciled Depreciation907.8 M986.8 M828 M
Slightly volatile

Kinross Gold Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow562.9 M418.1 M875.4 M
Slightly volatile
Depreciation923.7 M879.7 M666.3 M
Pretty Stable
Capital Expenditures601.8 M1.1 B951 M
Pretty Stable
Total Cash From Operating Activities1.7 B1.6 B1.1 B
Slightly volatile
End Period Cash Flow575.4 M352.4 M803.7 M
Slightly volatile
Stock Based Compensation6.4 M6.7 M18.8 M
Slightly volatile
Change To Operating Activities111.5 M125.5 M136.6 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.631.71942.3534
Slightly volatile
Dividend Yield0.02120.02020.0131
Slightly volatile
PTB Ratio1.61.22021.0959
Very volatile
Days Sales Outstanding8.569.0128.6691
Slightly volatile
Book Value Per Share6.915.01565.3259
Slightly volatile
Operating Cash Flow Per Share0.691.19350.8881
Pretty Stable
Average Payables85.5 M134.5 M135.6 M
Pretty Stable
Stock Based Compensation To Revenue0.00150.00160.0054
Slightly volatile
Capex To Depreciation1.021.07282.8045
Pretty Stable
PB Ratio1.61.22021.0959
Very volatile
EV To Sales3.452.16122.2779
Pretty Stable
Inventory Turnover4.022.88213.3133
Slightly volatile
Days Of Inventory On Hand89.62127122
Slightly volatile
Payables Turnover15.6929.376731.3588
Slightly volatile
Sales General And Administrative To Revenue0.04440.02520.0408
Slightly volatile
Average Inventory15.2 M25.9 M26.4 M
Very volatile
Research And Ddevelopement To Revenue0.02770.03110.0339
Slightly volatile
Capex To Revenue0.40.25910.3585
Slightly volatile
Cash Per Share0.280.2990.8177
Slightly volatile
POCF Ratio4.825.06926.6825
Slightly volatile
Capex To Operating Cash Flow1.470.76381.3197
Slightly volatile
Days Payables Outstanding11.812.424814.2461
Pretty Stable
EV To Operating Cash Flow6.056.37217.5152
Slightly volatile
Current Ratio3.762.62923.1448
Slightly volatile
Tangible Book Value Per Share6.065.01564.9134
Pretty Stable
Receivables Turnover38.4840.5014348
Very volatile
Graham Number11.296.15239.4595
Slightly volatile
Shareholders Equity Per Share6.864.95835.2837
Slightly volatile
Debt To Equity0.390.3670.3345
Slightly volatile
Capex Per Share1.20.91150.9927
Slightly volatile
Average Receivables97.3 M92.7 M46.6 M
Slightly volatile
Revenue Per Share2.163.51872.823
Pretty Stable
Interest Debt Per Share2.091.87581.6434
Slightly volatile
Debt To Assets0.110.21280.1848
Pretty Stable
Short Term Coverage Ratios27.5726.2514.0304
Pretty Stable
Operating Cycle103136130
Slightly volatile
Price Book Value Ratio1.61.22021.0959
Very volatile
Days Of Payables Outstanding11.812.424814.2461
Pretty Stable
Price To Operating Cash Flows Ratio4.825.06926.6825
Slightly volatile
Company Equity Multiplier1.221.72421.6526
Pretty Stable
Long Term Debt To Capitalization0.280.26850.2357
Slightly volatile
Total Debt To Capitalization0.140.26850.2352
Pretty Stable
Debt Equity Ratio0.390.3670.3345
Slightly volatile
Quick Ratio0.90.94721.597
Slightly volatile
Dividend Paid And Capex Coverage Ratio1.011.15451.0424
Slightly volatile
Cash Ratio0.490.51411.1702
Slightly volatile
Cash Conversion Cycle67.62123115
Slightly volatile
Operating Cash Flow Sales Ratio0.220.33920.2953
Pretty Stable
Days Of Inventory Outstanding89.62127122
Slightly volatile
Days Of Sales Outstanding8.569.0128.6691
Slightly volatile
Cash Flow Coverage Ratios0.620.65590.6312
Pretty Stable
Price To Book Ratio1.61.22021.0959
Very volatile
Fixed Asset Turnover0.660.54220.5666
Pretty Stable
Capital Expenditure Coverage Ratio1.271.30931.1145
Slightly volatile
Price Cash Flow Ratio4.825.06926.6825
Slightly volatile
Debt Ratio0.110.21280.1848
Pretty Stable
Cash Flow To Debt Ratio0.620.65590.6312
Pretty Stable
Price Sales Ratio1.631.71942.3534
Slightly volatile
Asset Turnover0.40.41160.3648
Slightly volatile
Price Fair Value1.61.22021.0959
Very volatile

Kinross Gold Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap6.9 B6.6 B5.8 B
Pretty Stable
Enterprise ValueB7.6 B7.5 B
Pretty Stable

Kinross Fundamental Market Drivers

Forward Price Earnings10.6157
Cash And Short Term Investments352.4 M

About Kinross Gold Financial Statements

Kinross Gold investors utilize fundamental indicators, such as revenue or net income, to predict how Kinross Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue643.4 M343.4 M
Total Revenue4.2 B4.5 B
Cost Of Revenue3.1 B2.1 B
Sales General And Administrative To Revenue 0.03  0.04 
Research And Ddevelopement To Revenue 0.03  0.03 
Capex To Revenue 0.26  0.40 
Revenue Per Share 3.52  2.16 
Ebit Per Revenue 0.18  0.19 

Pair Trading with Kinross Gold

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Kinross Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Kinross Gold will appreciate offsetting losses from the drop in the long position's value.

Moving together with Kinross Stock

  0.93AG First Majestic SilverPairCorr
  0.87IE Ivanhoe EnergyPairCorr
  0.81FDY Faraday Copper CorpPairCorr

Moving against Kinross Stock

  0.42INFM Infinico Metals CorpPairCorr
The ability to find closely correlated positions to Kinross Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kinross Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Kinross Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Kinross Gold Corp to buy it.
The correlation of Kinross Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kinross Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kinross Gold Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Kinross Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Kinross Stock

Kinross Gold financial ratios help investors to determine whether Kinross Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Kinross with respect to the benefits of owning Kinross Gold security.