Kinross Historical Income Statement

KGC Stock

USD 9.57 0.19 1.95%

Historical analysis of Kinross Gold income statement accounts such as Operating Income of 802.6 M can show how well Kinross Gold performed in making a profits. Evaluating Kinross Gold income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Kinross Gold's future profits or losses.

Cash Flow Balance Sheet Income Statement

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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.

Net Income Gross Profit

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.

About Kinross Income Statement Analysis

Kinross Gold Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Kinross Gold shareholders. The income statement also shows Kinross investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Kinross Gold Income Statement Chart

At present, Kinross Gold's Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 802.6 M, whereas Interest Expense is forecasted to decline to about 65.5 M.

Ebit Income Tax Expense Selling General Administrative Other Operating Expenses Research Development Net Interest Income

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Kinross Gold. It is also known as Kinross Gold overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Most accounts from Kinross Gold's income statement are interrelated and interconnected. However, analyzing income statement 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 income statement 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 Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 802.6 M, whereas Interest Expense is forecasted to decline to about 65.5 M.

	2023	2024 (projected)
Research Development	130.5M	69.9M
Other Operating Expenses	3.4B	2.3B

Research Development Other Operating Expenses

Kinross Gold income statement Correlations

	Interest Expense	Total Revenue	Gross Profit	Operating Income	Ebit	Ebitda	Net Income	Income Tax Expense	Depreciation And Amortization	Selling General Administrative	Other Operating Expenses	Research Development	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Minority Interest	Discontinued Operations	Net Income From Continuing Ops	Non Recurring	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Extraordinary Items	Selling And Marketing Expenses
Interest Expense		0.48	0.71	0.66	0.66	0.74	0.61	0.16	0.62	0.19	-0.19	0.09	-0.24	0.46	0.65	0.34	0.29	0.61	0.88	-0.1	0.23	-0.53	0.19	-0.15	-0.16	0.01
Total Revenue	0.48		0.07	-0.02	-0.02	0.13	-0.1	0.55	0.83	0.66	0.58	0.69	0.55	0.77	-0.03	-0.02	0.08	0.02	0.33	-0.31	0.24	-0.36	0.26	0.29	-0.28	-0.33
Gross Profit	0.71	0.07		1.0	0.99	0.99	0.97	0.14	0.26	-0.48	-0.75	-0.43	-0.78	-0.08	0.99	0.28	0.1	0.43	0.91	-0.3	0.44	-0.75	0.42	0.17	-0.38	-0.3
Operating Income	0.66	-0.02	1.0		1.0	0.98	0.98	0.11	0.19	-0.55	-0.8	-0.5	-0.83	-0.17	1.0	0.27	0.1	0.4	0.87	-0.28	0.43	-0.73	0.4	0.16	-0.35	-0.29
Ebit	0.66	-0.02	0.99	1.0		0.98	0.98	0.12	0.2	-0.55	-0.81	-0.5	-0.83	-0.2	0.99	0.28	0.11	0.39	0.87	-0.3	0.4	-0.73	0.4	0.16	-0.33	-0.31
Ebitda	0.74	0.13	0.99	0.98	0.98		0.95	0.16	0.37	-0.42	-0.71	-0.41	-0.73	-0.07	0.97	0.24	0.12	0.42	0.93	-0.35	0.41	-0.76	0.45	0.2	-0.36	-0.37
Net Income	0.61	-0.1	0.97	0.98	0.98	0.95		0.04	0.12	-0.57	-0.83	-0.52	-0.86	-0.2	0.98	0.36	0.13	0.47	0.83	-0.26	0.33	-0.61	0.37	0.14	-0.28	-0.26
Income Tax Expense	0.16	0.55	0.14	0.11	0.12	0.16	0.04		0.24	0.2	0.2	0.34	0.2	0.1	0.12	0.0	0.34	-0.22	0.05	-0.17	0.62	-0.46	-0.01	0.27	-0.04	-0.29
Depreciation And Amortization	0.62	0.83	0.26	0.19	0.2	0.37	0.12	0.24		0.56	0.31	0.38	0.27	0.64	0.16	-0.11	0.12	0.29	0.58	-0.39	0.13	-0.38	0.34	0.29	-0.25	-0.4
Selling General Administrative	0.19	0.66	-0.48	-0.55	-0.55	-0.42	-0.57	0.2	0.56		0.86	0.75	0.84	0.77	-0.57	-0.09	0.31	0.21	-0.14	0.24	-0.14	0.28	-0.26	-0.21	0.24	0.26
Other Operating Expenses	-0.19	0.58	-0.75	-0.8	-0.81	-0.71	-0.83	0.2	0.31	0.86		0.85	1.0	0.63	-0.81	-0.2	0.03	-0.23	-0.49	0.19	-0.19	0.37	-0.24	-0.03	0.17	0.2
Research Development	0.09	0.69	-0.43	-0.5	-0.5	-0.41	-0.52	0.34	0.38	0.75	0.85		0.84	0.7	-0.49	0.0	-0.06	-0.13	-0.19	0.22	0.03	0.05	-0.11	-0.03	0.07	0.19
Cost Of Revenue	-0.24	0.55	-0.78	-0.83	-0.83	-0.73	-0.86	0.2	0.27	0.84	1.0	0.84		0.59	-0.83	-0.22	0.02	-0.27	-0.53	0.19	-0.2	0.39	-0.26	-0.03	0.19	0.2
Total Operating Expenses	0.46	0.77	-0.08	-0.17	-0.2	-0.07	-0.2	0.1	0.64	0.77	0.63	0.7	0.59		-0.18	0.08	0.08	0.37	0.26	0.05	0.02	-0.02	0.03	-0.04	-0.16	0.14
Income Before Tax	0.65	-0.03	0.99	1.0	0.99	0.97	0.98	0.12	0.16	-0.57	-0.81	-0.49	-0.83	-0.18		0.34	0.09	0.39	0.86	-0.27	0.4	-0.72	0.41	0.16	-0.35	-0.29
Total Other Income Expense Net	0.34	-0.02	0.28	0.27	0.28	0.24	0.36	0.0	-0.11	-0.09	-0.2	0.0	-0.22	0.08	0.34		0.14	0.19	0.26	0.02	-0.37	0.06	0.19	-0.11	-0.05	0.08
Minority Interest	0.29	0.08	0.1	0.1	0.11	0.12	0.13	0.34	0.12	0.31	0.03	-0.06	0.02	0.08	0.09	0.14		0.5	0.1	0.25	0.16	-0.01	-0.61	-0.15	0.56	0.34
Discontinued Operations	0.61	0.02	0.43	0.4	0.39	0.42	0.47	-0.22	0.29	0.21	-0.23	-0.13	-0.27	0.37	0.39	0.19	0.5		0.58	0.28	0.13	-0.04	-0.23	-0.39	0.3	0.39
Net Income From Continuing Ops	0.88	0.33	0.91	0.87	0.87	0.93	0.83	0.05	0.58	-0.14	-0.49	-0.19	-0.53	0.26	0.86	0.26	0.1	0.58		-0.26	0.3	-0.69	0.46	0.1	-0.38	-0.25
Non Recurring	-0.1	-0.31	-0.3	-0.28	-0.3	-0.35	-0.26	-0.17	-0.39	0.24	0.19	0.22	0.19	0.05	-0.27	0.02	0.25	0.28	-0.26		0.03	0.19	-0.55	-0.63	0.45	0.89
Tax Provision	0.23	0.24	0.44	0.43	0.4	0.41	0.33	0.62	0.13	-0.14	-0.19	0.03	-0.2	0.02	0.4	-0.37	0.16	0.13	0.3	0.03		-0.69	-0.1	0.16	-0.1	-0.11
Interest Income	-0.53	-0.36	-0.75	-0.73	-0.73	-0.76	-0.61	-0.46	-0.38	0.28	0.37	0.05	0.39	-0.02	-0.72	0.06	-0.01	-0.04	-0.69	0.19	-0.69		-0.38	-0.34	0.47	0.36
Net Interest Income	0.19	0.26	0.42	0.4	0.4	0.45	0.37	-0.01	0.34	-0.26	-0.24	-0.11	-0.26	0.03	0.41	0.19	-0.61	-0.23	0.46	-0.55	-0.1	-0.38		0.42	-0.82	-0.69
Reconciled Depreciation	-0.15	0.29	0.17	0.16	0.16	0.2	0.14	0.27	0.29	-0.21	-0.03	-0.03	-0.03	-0.04	0.16	-0.11	-0.15	-0.39	0.1	-0.63	0.16	-0.34	0.42		-0.52	-0.7
Extraordinary Items	-0.16	-0.28	-0.38	-0.35	-0.33	-0.36	-0.28	-0.04	-0.25	0.24	0.17	0.07	0.19	-0.16	-0.35	-0.05	0.56	0.3	-0.38	0.45	-0.1	0.47	-0.82	-0.52		0.56
Selling And Marketing Expenses	0.01	-0.33	-0.3	-0.29	-0.31	-0.37	-0.26	-0.29	-0.4	0.26	0.2	0.19	0.2	0.14	-0.29	0.08	0.34	0.39	-0.25	0.89	-0.11	0.36	-0.69	-0.7	0.56

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Kinross Gold Account Relationship Matchups

Kinross Gold 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	4.2B	4.5B
Gross Profit	1.3B	2.3B	1.0B	515.4M	1.2B	1.2B
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
Depreciation And Amortization	811.9M	911.0M	700.1M	777.4M	986.8M	1.0B
Selling General Administrative	135.8M	117.9M	126.6M	129.8M	108.7M	101.7M
Other Operating Expenses	2.5B	2.3B	3.3B	3.3B	3.4B	2.3B
Cost Of Revenue	2.1B	1.9B	2.7B	2.9B	3.1B	2.0B
Total Operating Expenses	357.8M	396.9M	568.5M	397.7M	358.2M	336.7M
Income Before Tax	963.8M	1.8B	469.4M	106.7M	708.6M	744.0M
Total Other Income Expense Net	(27.3M)	(100.9M)	12.2M	(11M)	(55.8M)	(58.6M)
Minority Interest	14.1M	66.5M	2.5M	500K	1.5M	1.4M
Net Income Applicable To Common Shares	718.6M	1.3B	221.2M	(605.2M)	(696.0M)	(661.2M)
Net Income From Continuing Ops	717.1M	1.4B	218.7M	30.6M	243.4M	255.6M
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)
Reconciled Depreciation	731.3M	842.3M	840.9M	784M	967M	904.7M

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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:

How To Invest In Kinross

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Is Kinross Stock a good investment?

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What is Kinross Gold's Net Worth?

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For information on how to trade Kinross Stock refer to our How to Trade Kinross Stock guide.

You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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.

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Kinross Historical Income Statement

About Kinross Income Statement Analysis

Kinross Gold Income Statement Chart

Other Operating Expenses

Net Interest Income

Kinross Gold income statement Correlations

Kinross Gold Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Kinross Gold income statement Accounts

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Operating Income	+ 1.0	Gross Profit
Ebit	+ 1.0	Operating Income
Income Before Tax	+ 1.0	Operating Income
Cost Of Revenue	+ 1.0	Other Operating Expenses
Ebit	+ 0.99	Gross Profit
Ebitda	+ 0.99	Gross Profit

Cost Of Revenue	- 0.86	Net Income
Income Before Tax	- 0.83	Cost Of Revenue
Other Operating Expenses	- 0.83	Net Income
Cost Of Revenue	- 0.83	Ebit
Cost Of Revenue	- 0.83	Operating Income
Extraordinary Items	- 0.82	Net Interest Income