Kinross Historical Balance Sheet
KGC Stock | USD 9.80 0.18 1.80% |
Trend analysis of Kinross Gold balance sheet accounts such as Other Current Liab of 493.3 M provides information on Kinross Gold's total assets, liabilities, and equity, which is the actual value of Kinross Gold to its prevalent stockholders. By breaking down trends over time using Kinross Gold balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Kinross Gold latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Kinross Gold is a good buy for the upcoming year.
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About Kinross Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Kinross Gold at a specified time, usually calculated after every quarter, six months, or one year. Kinross Gold Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Kinross Gold and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Kinross currently owns. An asset can also be divided into two categories, current and non-current.
Kinross Gold Balance Sheet Chart
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Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Total Assets
Total assets refers to the total amount of Kinross Gold assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Kinross Gold books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Kinross Gold balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Kinross Gold are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most accounts from Kinross Gold's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Kinross Gold current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kinross Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For information on how to trade Kinross Stock refer to our How to Trade Kinross Stock guide.At present, Kinross Gold's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 493.3 M, whereas Total Assets are forecasted to decline to about 6.6 B.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 1.7B | 2.6B | 2.3B | 2.4B | Total Assets | 10.4B | 10.4B | 10.5B | 6.6B |
Kinross Gold balance sheet Correlations
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Kinross Gold Account Relationship Matchups
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Kinross Gold balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 1.3B | 1.3B | 1.3B | 1.3B | 1.2B | 1.3B | |
Total Assets | 9.1B | 10.9B | 10.4B | 10.4B | 10.5B | 6.6B | |
Short Long Term Debt Total | 1.9B | 2.0B | 1.7B | 2.6B | 2.3B | 2.4B | |
Other Current Liab | 20.3M | 616.7M | 498.9M | 482.5M | 469.9M | 493.3M | |
Total Current Liabilities | 615.5M | 1.3B | 741.4M | 751.5M | 685.5M | 490.7M | |
Total Stockholder Equity | 5.3B | 6.6B | 6.6B | 5.8B | 6.1B | 4.2B | |
Property Plant And Equipment Net | 6.3B | 7.7B | 7.7B | 7.7B | 8.0B | 4.1B | |
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 | |
Non Current Assets Total | 7.3B | 8.5B | 8.5B | 8.5B | 8.8B | 5.2B | |
Non Currrent Assets Other | 572.7M | 537.2M | 545.1M | 680.9M | 777.8M | 816.7M | |
Cash And Short Term Investments | 575.1M | 1.2B | 531.5M | 418.1M | 366.9M | 592.6M | |
Net Receivables | 173.4M | 8.1M | 89.6M | 99.4M | 106.6M | 112.0M | |
Short Term Investments | 10.5M | 28.9M | 16.6M | 6.1M | 14.5M | 13.8M | |
Liabilities And Stockholders Equity | 9.1B | 10.9B | 10.4B | 10.4B | 10.5B | 6.6B | |
Non Current Liabilities Total | 3.1B | 2.9B | 3.0B | 3.8B | 3.7B | 1.8B | |
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 | |
Other Stockholder Equity | 242.1M | 10.7B | 10.7B | 10.7B | 10.6B | 11.2B | |
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 | |
Accumulated Other Comprehensive Income | (20.4M) | (23.7M) | (18.8M) | (41.7M) | (61.3M) | (58.2M) | |
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 Total Equity | 14.9B | 14.9B | 14.9B | 4.5B | 5.1B | 7.4B | |
Property Plant And Equipment Gross | 6.3B | 7.7B | 21.6B | 7.7B | 20.5B | 21.5B | |
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 | |
Property Plant Equipment | 6.3B | 7.7B | 7.6B | 7.7B | 8.9B | 5.0B | |
Net Tangible Assets | 5.2B | 6.4B | 6.4B | 5.8B | 6.7B | 5.6B | |
Deferred Long Term Liab | 32.5M | 6M | 7.3M | 6.8M | 7.8M | 11.3M | |
Long Term Investments | 144.6M | 131.3M | 105.3M | 123M | 61.2M | 58.1M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Kinross Gold offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kinross Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Kinross Gold Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kinross Gold Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kinross Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For information on how to trade Kinross Stock refer to our How to Trade Kinross Stock guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kinross Gold. If investors know Kinross will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kinross Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.235 | Dividend Share 0.12 | Earnings Share 0.6 | Revenue Per Share 3.947 | Quarterly Revenue Growth 0.299 |
The market value of Kinross Gold is measured differently than its book value, which is the value of Kinross that is recorded on the company's balance sheet. Investors also form their own opinion of Kinross Gold's value that differs from its market value or its book value, called intrinsic value, which is Kinross Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kinross Gold's market value can be influenced by many factors that don't directly affect Kinross Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kinross Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kinross Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kinross Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.