Kinross Change In Cash vs Change In Working Capital Analysis

KGC Stock

USD 9.57 0.19 1.95%

Kinross Gold financial indicator trend analysis is infinitely more than just investigating Kinross Gold recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kinross Gold is a good investment. Please check the relationship between Kinross Gold Change In Cash and its Change In Working Capital accounts. 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.

Change In Cash vs Change In Working Capital

Change In Cash vs Change In Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kinross Gold Change In Cash account and Change In Working Capital. At this time, the significance of the direction appears to have weak relationship.

The correlation between Kinross Gold's Change In Cash and Change In Working Capital is 0.3. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Kinross Gold, assuming nothing else is changed. The correlation between historical values of Kinross Gold's Change In Cash and Change In Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Kinross Gold are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Change In Cash i.e., Kinross Gold's Change In Cash and Change In Working Capital go up and down completely randomly.

Correlation Coefficient

0.3

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Change In Cash

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

Most indicators from Kinross Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 10.22, whereas Selling General Administrative is forecasted to decline to about 101.7 M.

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

Research Development Other Operating Expenses

Kinross Gold fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Other Assets	Common Stock Total Equity
Common Stock Shares Outstanding		0.62	0.84	0.46	0.58	0.48	0.68	0.26	0.56	-0.74	0.2	0.33	0.6	0.81	0.3	0.33	0.03	0.81	0.79	0.46	0.31	0.81	0.59	0.17	0.44	0.42
Total Assets	0.62		0.65	-0.02	0.78	0.97	0.95	0.45	0.04	-0.01	0.47	0.74	0.99	0.42	0.75	0.5	0.42	0.78	0.72	0.36	0.07	0.84	0.88	-0.02	0.33	0.38
Short Long Term Debt Total	0.84	0.65		0.2	0.65	0.51	0.71	0.13	0.7	-0.53	0.41	0.36	0.63	0.81	0.39	0.46	0.36	0.81	0.75	0.71	0.34	0.83	0.64	-0.02	0.17	0.31
Other Current Liab	0.46	-0.02	0.2		0.16	-0.08	0.14	-0.18	0.39	-0.45	-0.39	-0.24	0.02	0.54	-0.26	-0.51	-0.31	0.12	0.1	0.41	0.64	0.14	-0.15	0.36	0.2	-0.32
Total Current Liabilities	0.58	0.78	0.65	0.16		0.7	0.8	0.31	0.09	-0.17	0.47	0.68	0.74	0.38	0.71	0.26	0.56	0.65	0.66	0.34	0.22	0.79	0.8	0.12	0.41	0.19
Total Stockholder Equity	0.48	0.97	0.51	-0.08	0.7		0.89	0.45	-0.09	0.19	0.47	0.76	0.98	0.32	0.76	0.44	0.41	0.62	0.56	0.27	0.04	0.69	0.82	-0.07	0.24	0.31
Property Plant And Equipment Net	0.68	0.95	0.71	0.14	0.8	0.89		0.41	0.25	-0.14	0.44	0.54	0.96	0.56	0.55	0.35	0.36	0.83	0.77	0.51	0.28	0.88	0.77	-0.09	0.37	0.2
Current Deferred Revenue	0.26	0.45	0.13	-0.18	0.31	0.45	0.41		-0.19	-0.04	-0.17	0.4	0.43	-0.09	0.33	0.28	-0.07	0.35	0.47	-0.05	0.03	0.36	0.47	-0.23	0.24	0.17
Net Debt	0.56	0.04	0.7	0.39	0.09	-0.09	0.25	-0.19		-0.6	0.09	-0.42	0.08	0.81	-0.38	0.05	-0.03	0.41	0.35	0.73	0.57	0.36	-0.08	-0.25	-0.05	-0.11
Retained Earnings	-0.74	-0.01	-0.53	-0.45	-0.17	0.19	-0.14	-0.04	-0.6		0.11	0.13	0.02	-0.53	0.16	-0.17	0.23	-0.55	-0.59	-0.23	-0.14	-0.49	-0.15	-0.3	-0.41	-0.37
Accounts Payable	0.2	0.47	0.41	-0.39	0.47	0.47	0.44	-0.17	0.09	0.11		0.39	0.45	0.23	0.49	0.5	0.77	0.32	0.3	0.03	-0.21	0.38	0.48	-0.05	0.2	0.35
Cash	0.33	0.74	0.36	-0.24	0.68	0.76	0.54	0.4	-0.42	0.13	0.39		0.67	0.0	0.99	0.51	0.49	0.44	0.44	-0.05	-0.28	0.54	0.89	0.3	0.23	0.53
Non Current Assets Total	0.6	0.99	0.63	0.02	0.74	0.98	0.96	0.43	0.08	0.02	0.45	0.67		0.45	0.67	0.43	0.37	0.75	0.68	0.39	0.14	0.81	0.82	-0.08	0.3	0.3
Non Currrent Assets Other	0.81	0.42	0.81	0.54	0.38	0.32	0.56	-0.09	0.81	-0.53	0.23	0.0	0.45		0.01	0.06	0.06	0.56	0.51	0.72	0.61	0.55	0.26	-0.05	0.05	0.03
Cash And Short Term Investments	0.3	0.75	0.39	-0.26	0.71	0.76	0.55	0.33	-0.38	0.16	0.49	0.99	0.67	0.01		0.54	0.61	0.43	0.43	-0.02	-0.29	0.54	0.9	0.28	0.21	0.51
Net Receivables	0.33	0.5	0.46	-0.51	0.26	0.44	0.35	0.28	0.05	-0.17	0.5	0.51	0.43	0.06	0.54		0.49	0.57	0.57	-0.04	-0.57	0.52	0.67	0.06	0.18	0.83
Short Term Investments	0.03	0.42	0.36	-0.31	0.56	0.41	0.36	-0.07	-0.03	0.23	0.77	0.49	0.37	0.06	0.61	0.49		0.24	0.28	0.15	-0.2	0.35	0.56	0.09	0.06	0.23
Non Current Liabilities Total	0.81	0.78	0.81	0.12	0.65	0.62	0.83	0.35	0.41	-0.55	0.32	0.44	0.75	0.56	0.43	0.57	0.24		0.95	0.49	0.07	0.98	0.77	0.11	0.47	0.49
Inventory	0.79	0.72	0.75	0.1	0.66	0.56	0.77	0.47	0.35	-0.59	0.3	0.44	0.68	0.51	0.43	0.57	0.28	0.95		0.38	0.01	0.94	0.78	0.12	0.54	0.53
Other Current Assets	0.46	0.36	0.71	0.41	0.34	0.27	0.51	-0.05	0.73	-0.23	0.03	-0.05	0.39	0.72	-0.02	-0.04	0.15	0.49	0.38		0.71	0.48	0.2	-0.17	-0.22	-0.32
Other Stockholder Equity	0.31	0.07	0.34	0.64	0.22	0.04	0.28	0.03	0.57	-0.14	-0.21	-0.28	0.14	0.61	-0.29	-0.57	-0.2	0.07	0.01	0.71		0.11	-0.19	-0.26	-0.21	-0.72
Total Liab	0.81	0.84	0.83	0.14	0.79	0.69	0.88	0.36	0.36	-0.49	0.38	0.54	0.81	0.55	0.54	0.52	0.35	0.98	0.94	0.48	0.11		0.84	0.12	0.49	0.45
Total Current Assets	0.59	0.88	0.64	-0.15	0.8	0.82	0.77	0.47	-0.08	-0.15	0.48	0.89	0.82	0.26	0.9	0.67	0.56	0.77	0.78	0.2	-0.19	0.84		0.22	0.39	0.61
Short Term Debt	0.17	-0.02	-0.02	0.36	0.12	-0.07	-0.09	-0.23	-0.25	-0.3	-0.05	0.3	-0.08	-0.05	0.28	0.06	0.09	0.11	0.12	-0.17	-0.26	0.12	0.22		0.36	0.33
Other Assets	0.44	0.33	0.17	0.2	0.41	0.24	0.37	0.24	-0.05	-0.41	0.2	0.23	0.3	0.05	0.21	0.18	0.06	0.47	0.54	-0.22	-0.21	0.49	0.39	0.36		0.41
Common Stock Total Equity	0.42	0.38	0.31	-0.32	0.19	0.31	0.2	0.17	-0.11	-0.37	0.35	0.53	0.3	0.03	0.51	0.83	0.23	0.49	0.53	-0.32	-0.72	0.45	0.61	0.33	0.41

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Kinross Gold Account Relationship Matchups

Kinross Gold fundamental ratios 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	469.3M	492.7M
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	4.4B	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	(62.6M)	(59.5M)
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

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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

Details

Is Kinross Stock a good investment?

Details

What is Kinross Gold's Net Worth?

Details

Largest Metals & Mining Companies

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Largest Materials Companies

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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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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 Change In Cash vs Change In Working Capital Analysis

Change In Cash vs Change In Working Capital

Change In Cash vs Change In Working Capital Correlation Analysis

Correlation Coefficient

Change In Cash

Change In Working Capital

Kinross Gold fundamental ratios Correlations

Kinross Gold Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Kinross Gold fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 0.99	Total Assets
Cash And Short Term Investments	+ 0.99	Cash
Non Current Assets Total	+ 0.98	Total Stockholder Equity
Total Liab	+ 0.98	Non Current Liabilities Total
Total Stockholder Equity	+ 0.97	Total Assets
Non Current Assets Total	+ 0.96	Property Plant And Equipment Net

Retained Earnings	- 0.74	Common Stock Shares Outstanding
Common Stock Total Equity	- 0.72	Other Stockholder Equity
Retained Earnings	- 0.6	Net Debt
Inventory	- 0.59	Retained Earnings
Other Stockholder Equity	- 0.57	Net Receivables
Non Current Liabilities Total	- 0.55	Retained Earnings