Kinross Gold Financials
KGC Stock | USD 10.22 0.14 1.39% |
Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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Debt Equity Ratio | 0.39 | 0.367 |
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Current Ratio | 3.76 | 2.6292 |
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The financial analysis of Kinross Gold is a critical element in measuring its lifeblood. Investors should not minimize Kinross Gold's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.
Net Income |
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Kinross | Select Account or Indicator |
Understanding current and past Kinross Gold Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Kinross Gold's financial statements are interrelated, with each one affecting the others. For example, an increase in Kinross Gold's assets may result in an increase in income on the income statement.
Please note, the presentation of Kinross Gold's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Kinross Gold's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Kinross Gold's management manipulating its earnings.
Kinross Gold Stock Summary
Kinross Gold competes with Pan American, Newmont Goldcorp, Wheaton Precious, Franco Nevada, and Agnico Eagle. Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania. Kinross Gold Corporation was founded in 1993 and is headquartered in Toronto, Canada. Kinross Gold operates under Gold classification in the United States and is traded on New York Stock Exchange.Specialization | Basic Materials, Materials |
Instrument | USA Stock View All |
Exchange | New York Stock Exchange |
ISIN | CA4969024047 |
CUSIP | 496902404 496902107 496902206 |
Location | Ontario; Canada |
Business Address | 25 York Street, |
Sector | Metals & Mining |
Industry | Materials |
Benchmark | Dow Jones Industrial |
Website | www.kinross.com |
Phone | 416 365 5123 |
Currency | USD - US Dollar |
Kinross Gold Key Financial Ratios
Return On Equity | 0.12 | ||||
Profit Margin | 0.15 % | ||||
Operating Margin | 0.32 % | ||||
Price To Sales | 2.59 X | ||||
Revenue | 4.32 B |
Kinross Gold Key Balance Sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.1B | 10.9B | 10.4B | 10.4B | 10.5B | 6.6B | |
Other Current Liab | 20.3M | 616.7M | 498.9M | 482.5M | 469.9M | 493.3M | |
Net Debt | 1.3B | 759.3M | 1.2B | 2.2B | 1.9B | 2.0B | |
Retained Earnings | (9.8B) | (8.6B) | (8.5B) | (9.3B) | (9.0B) | (8.5B) | |
Cash | 575.1M | 1.2B | 531.5M | 418.1M | 352.4M | 575.4M | |
Net Receivables | 173.4M | 8.1M | 89.6M | 99.4M | 106.6M | 112.0M | |
Inventory | 1.1B | 1.1B | 1.2B | 1.1B | 1.2B | 610.7M | |
Other Current Assets | 22.4M | 96.5M | 89.9M | 203.1M | 190.3M | 135.0M | |
Total Liab | 3.7B | 4.3B | 3.8B | 4.5B | 4.3B | 2.3B | |
Total Current Assets | 1.8B | 2.4B | 1.9B | 1.9B | 1.8B | 1.4B | |
Short Term Debt | 16M | 528.1M | 59.7M | 60.5M | 10.1M | 9.6M | |
Other Assets | 607.9M | 539.9M | 597.4M | 535.7M | (116.6M) | (110.7M) | |
Common Stock | 14.9B | 4.5B | 4.4B | 4.4B | 4.5B | 7.1B | |
Other Liab | 1.3B | 1.5B | 1.4B | 1.2B | 1.4B | 809.6M | |
Long Term Debt | 1.8B | 1.4B | 1.6B | 2.6B | 2.2B | 1.2B | |
Net Tangible Assets | 5.2B | 6.4B | 6.4B | 5.8B | 6.7B | 5.6B |
Kinross Gold Key Income Statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 107.9M | 112.6M | 71.5M | 93.7M | 69M | 65.6M | |
Total Revenue | 3.5B | 4.2B | 3.7B | 3.5B | 4.3B | 4.5B | |
Gross Profit | 1.3B | 2.3B | 1.0B | 515.4M | 994.4M | 1.0B | |
Operating Income | 991.1M | 1.9B | 463.6M | 200.4M | 764.4M | 802.6M | |
Ebit | 991.1M | 1.8B | 154.5M | 168.0M | 777.6M | 816.5M | |
Ebitda | 1.8B | 2.7B | 854.6M | 945.4M | 1.8B | 1.9B | |
Net Income | 718.6M | 1.3B | 221.2M | (605.2M) | 416.3M | 437.1M | |
Income Tax Expense | 246.7M | 439.8M | 115M | 76.1M | 293.2M | 307.9M | |
Cost Of Revenue | 2.1B | 1.9B | 2.7B | 2.9B | 3.3B | 2.0B | |
Income Before Tax | 963.8M | 1.8B | 469.4M | 106.7M | 708.6M | 744.0M | |
Minority Interest | 14.1M | 66.5M | 2.5M | 500K | 1.5M | 1.4M | |
Tax Provision | 246.7M | 439.8M | 250.7M | 76.1M | 197.6M | 185.5M | |
Net Interest Income | (69M) | (108.3M) | (59.2M) | (49.9M) | (30.7M) | (32.2M) |
Kinross Gold Key Cash Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change To Inventory | (5.7M) | 53.8M | (6.8M) | (261.6M) | (93.1M) | (88.4M) | |
Change In Cash | 226.1M | 635.8M | (679.4M) | (113.4M) | (65.7M) | (62.4M) | |
Free Cash Flow | 119.7M | 993.6M | 145.5M | 242.2M | 345.9M | 363.2M | |
Depreciation | 189.3M | 96.8M | 754.9M | 784M | 1.0B | 1.1B | |
Other Non Cash Items | 107.9M | 119.2M | 85.8M | 395.7M | (229.5M) | (218.0M) | |
Capital Expenditures | 1.1B | 964M | 989.7M | 807.9M | 1.1B | 602.5M | |
Net Income | 717.1M | 1.4B | 218.7M | 30.6M | 423.9M | 445.1M | |
End Period Cash Flow | 575.1M | 1.2B | 531.5M | 418.1M | 352.4M | 575.4M | |
Investments | (1.0B) | (5.9M) | (66.3M) | (1.6B) | (1.2B) | (1.1B) | |
Change To Netincome | (151.8M) | 127.1M | (69.8M) | 959.1M | 863.2M | 906.3M |
Kinross Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Kinross Gold's current stock value. Our valuation model uses many indicators to compare Kinross Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Kinross Gold competition to find correlations between indicators driving Kinross Gold's intrinsic value. More Info.Kinross Gold is rated third overall in return on equity category among its peers. It is rated fourth overall in return on asset category among its peers reporting about 0.55 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Kinross Gold is roughly 1.82 . At present, Kinross Gold's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Kinross Gold's earnings, one of the primary drivers of an investment's value.Kinross Gold Systematic Risk
Kinross Gold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Kinross Gold volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Kinross Gold correlated with the market. If Beta is less than 0 Kinross Gold generally moves in the opposite direction as compared to the market. If Kinross Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Kinross Gold is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Kinross Gold is generally in the same direction as the market. If Beta > 1 Kinross Gold moves generally in the same direction as, but more than the movement of the benchmark.
Kinross Gold Thematic Clasifications
Kinross Gold is part of several thematic ideas from Gold and Gold Mining to Compulsion. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasToday, most investors in Kinross Gold Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Kinross Gold's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Kinross Gold growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
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Kinross Gold November 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Kinross Gold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Kinross Gold. We use our internally-developed statistical techniques to arrive at the intrinsic value of Kinross Gold based on widely used predictive technical indicators. In general, we focus on analyzing Kinross Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Kinross Gold's daily price indicators and compare them against related drivers.
Downside Deviation | 2.76 | |||
Information Ratio | 0.0336 | |||
Maximum Drawdown | 18.27 | |||
Value At Risk | (3.82) | |||
Potential Upside | 5.41 |
Complementary Tools for Kinross Stock analysis
When running Kinross Gold's price analysis, check to measure Kinross Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kinross Gold is operating at the current time. Most of Kinross Gold's value examination focuses on studying past and present price action to predict the probability of Kinross Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kinross Gold's price. Additionally, you may evaluate how the addition of Kinross Gold to your portfolios can decrease your overall portfolio volatility.
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