Kinross Income Quality from 2010 to 2024

KGC Stock  USD 7.48  0.02  0.27%   
Kinross Gold's Income Quality is increasing over the years with stable fluctuation. Overall, Income Quality is expected to go to 3.63 this year. Income Quality is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. View All Fundamentals
 
Income Quality  
First Reported
2010-12-31
Previous Quarter
3.45423974
Current Value
3.63
Quarterly Volatility
12.7836143
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Kinross Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kinross Gold's main balance sheet or income statement drivers, such as Interest Expense of 65.5 M, Total Revenue of 4.5 B or Gross Profit of 1 B, as well as many indicators such as Price To Sales Ratio of 1.6, Dividend Yield of 0.0213 or PTB Ratio of 1.6. Kinross financial statements analysis is a perfect complement when working with Kinross Gold Valuation or Volatility modules.
  
Check out the analysis of Kinross Gold Correlation against competitors.
For information on how to trade Kinross Stock refer to our How to Trade Kinross Stock guide.

Latest Kinross Gold's Income Quality Growth Pattern

Below is the plot of the Income Quality of Kinross Gold over the last few years. It is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. Kinross Gold's Income Quality historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Kinross Gold's overall financial position and show how it may be relating to other accounts over time.
Income Quality10 Years Trend
Pretty Stable
   Income Quality   
       Timeline  

Kinross Income Quality Regression Statistics

Arithmetic Mean0.64
Coefficient Of Variation2,001
Mean Deviation6.43
Median1.44
Standard Deviation12.78
Sample Variance163.42
Range65.1256
R-Value0.28
Mean Square Error161.91
R-Squared0.08
Significance0.31
Slope0.81
Total Sum of Squares2,288

Kinross Income Quality History

2024 3.63
2023 3.45
2022 34.32
2021 5.19
2020 1.44
2019 1.71
2018 -30.81

About Kinross Gold Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Kinross Gold income statement, its balance sheet, and the statement of cash flows. Kinross Gold investors use historical funamental indicators, such as Kinross Gold's Income Quality, to determine how well the company is positioned to perform in the future. Although Kinross Gold investors may use each financial statement separately, they are all related. The changes in Kinross Gold's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Kinross Gold's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Kinross Gold Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Kinross Gold. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Quality 3.45  3.63 

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Additional Information and Resources on Investing in Kinross Stock

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 the analysis of Kinross Gold Correlation against competitors.
For information on how to trade Kinross Stock refer to our How to Trade Kinross Stock guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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
0.244
Dividend Share
0.12
Earnings Share
0.36
Revenue Per Share
3.577
Quarterly Revenue Growth
0.164
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.