Kinross Gold Net Worth

Kinross Gold Net Worth Breakdown

  KGC
The net worth of Kinross Gold is the difference between its total assets and liabilities. Kinross Gold's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Kinross Gold's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Kinross Gold's net worth can be used as a measure of its financial health and stability which can help investors to decide if Kinross Gold is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Kinross Gold stock.

Kinross Gold Net Worth Analysis

Kinross Gold's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Kinross Gold's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Kinross Gold's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Kinross Gold's net worth analysis. One common approach is to calculate Kinross Gold's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Kinross Gold's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Kinross Gold's net worth. This approach calculates the present value of Kinross Gold's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Kinross Gold's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Kinross Gold's net worth. This involves comparing Kinross Gold's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Kinross Gold's net worth relative to its peers.

Enterprise Value

8 Billion

To determine if Kinross Gold is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Kinross Gold's net worth research are outlined below:
Kinross Gold is unlikely to experience financial distress in the next 2 years
About 69.0% of the company shares are owned by institutional investors
Latest headline from independent.co.uk: Storm Bert to bring multi-hazard event to the UK following cold snap
Kinross Gold uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Kinross Gold. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Kinross Gold's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
14th of February 2024
Upcoming Quarterly Report
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14th of May 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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14th of February 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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Know Kinross Gold's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Kinross Gold is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Kinross Gold backward and forwards among themselves. Kinross Gold's institutional investor refers to the entity that pools money to purchase Kinross Gold's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Ruffer Llp2024-09-30
10.8 M
Bank Of Nova Scotia2024-09-30
10.3 M
Fidelity International Ltd2024-06-30
9.9 M
Waratah Capital Advisors Ltd2024-06-30
9.3 M
Dimensional Fund Advisors, Inc.2024-09-30
9.3 M
Legal & General Group Plc2024-06-30
9.2 M
Artemis Investment Management Llp2024-09-30
8.6 M
Amvescap Plc.2024-06-30
M
Cibc World Markets Inc.2024-06-30
7.9 M
Van Eck Associates Corporation2024-06-30
121.2 M
Vanguard Group Inc2024-09-30
46.6 M
Note, although Kinross Gold's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Kinross Gold's market capitalization trends

The company currently falls under 'Large-Cap' category with a total capitalization of 12.56 B.

Market Cap

6.91 Billion

Project Kinross Gold's profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets 0.04  0.04 
Return On Capital Employed 0.08  0.08 
Return On Assets 0.04  0.04 
Return On Equity 0.07  0.07 
The company has Net Profit Margin of 0.15 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.32 %, which entails that for every 100 dollars of revenue, it generated $0.32 of operating income.
When accessing Kinross Gold's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Kinross Gold's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Kinross Gold's profitability and make more informed investment decisions.
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.

Evaluate Kinross Gold's management efficiency

Kinross Gold has Return on Asset of 0.0654 % which means that on every $100 spent on assets, it made $0.0654 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.119 %, implying that it generated $0.119 on every 100 dollars invested. Kinross Gold's management efficiency ratios could be used to measure how well Kinross Gold manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.04. The current year's Return On Capital Employed is expected to grow to 0.08. At present, Kinross Gold's Return On Tangible Assets are projected to increase slightly based on the last few years of reporting. The current year's Fixed Asset Turnover is expected to grow to 0.66, whereas Total Assets are forecasted to decline to about 6.6 B.
Last ReportedProjected for Next Year
Book Value Per Share 5.02  6.91 
Tangible Book Value Per Share 5.02  6.06 
Enterprise Value Over EBITDA 5.29  10.22 
Price Book Value Ratio 1.22  1.60 
Enterprise Value Multiple 5.29  10.22 
Price Fair Value 1.22  1.60 
Enterprise Value7.6 BB
At Kinross Gold, effective management practices are pivotal to sustaining long-term profitability. We delve into financial metrics and market conditions to provide a comprehensive analysis of the stock's prospects.
Enterprise Value Revenue
2.8402
Revenue
4.8 B
Quarterly Revenue Growth
0.299
Revenue Per Share
3.947
Return On Equity
0.119

Kinross Gold Corporate Filings

6K
6th of November 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
28th of March 2024
Other Reports
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27th of March 2024
Other Reports
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12th of March 2024
Other Reports
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Kinross Gold time-series forecasting models is one of many Kinross Gold's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Kinross Gold's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Kinross Gold Earnings per Share Projection vs Actual

Kinross Gold Corporate Directors

Ian AtkinsonIndependent DirectorProfile
Kelly OsborneIndependent DirectorProfile
Elizabeth McGregorIndependent DirectorProfile
Kerry DyteIndependent DirectorProfile
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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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.