Kinross Total Assets vs Total Liab Analysis
KGC Stock | USD 9.71 0.09 0.92% |
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 Total Assets and its Total Liab 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.
Total Assets vs Total Liab
Total Assets vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kinross Gold Total Assets account and Total Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Kinross Gold's Total Assets and Total Liab is 0.84. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Liab 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 Total Assets and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Kinross Gold are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Total Assets i.e., Kinross Gold's Total Assets and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
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 Liab
The total amount of all liabilities that a company has, including both short-term and long-term 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 |
Kinross Gold fundamental ratios Correlations
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Kinross Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | 352.4M | 592.1M | |
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 | 175.6M | 134.5M | |
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 |
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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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.