Kirkland Lake Gold Financials
Based on the measurements of operating efficiency obtained from Kirkland Lake's historical financial statements, Kirkland Lake Gold is not in a good financial situation at the moment. It has a very high risk of going through financial straits in April.
With this module, you can analyze Kirkland financials for your investing period. You should be able to track the changes in Kirkland Lake individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Kirkland |
Understanding current and past Kirkland Lake Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Kirkland Lake's financial statements are interrelated, with each one affecting the others. For example, an increase in Kirkland Lake's assets may result in an increase in income on the income statement.
Evaluating Kirkland Lake's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Kirkland Lake's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Kirkland Lake's relative financial performance
Chance Of Distress
Over 100
100 | Zero |
Dangerous
Kirkland Lake Gold has more than 100 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Kirkland Lake stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Kirkland Lake's odds of distress score SHOULD NOT be confused with the real chance of Kirkland Lake Gold filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Kirkland is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Kirkland Lake's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More InfoThe data published in Kirkland Lake's official financial statements usually reflect Kirkland Lake's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Kirkland Lake Gold. For example, before you start analyzing numbers published by Kirkland accountants, it's critical to develop an understanding of what Kirkland Lake's liquidity, profitability, and earnings quality are in the context of the Basic Materials space in which it operates.
Please note, the presentation of Kirkland Lake'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, Kirkland Lake's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Kirkland Lake's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Kirkland Lake Gold. Please utilize our Beneish M Score to check the likelihood of Kirkland Lake's management manipulating its earnings.
Kirkland Lake Company Summary
Kirkland Lake competes with Sphere Entertainment, Integrated Media, NeogamesSA, Cedar Fair, and NLIGHT. Kirkland Lake Gold Ltd. engages in the acquisition, production, and operation of gold properties. The company was formerly known as Newmarket Gold Inc. and changed its name to Kirkland Lake Gold Ltd. in December 2016. Kirkland Lake operates under Gold classification in the United States and is traded on New York Stock Exchange.Instrument | USA Stock View All |
Exchange | New York Stock Exchange |
ISIN | CA49741E1007 |
Business Address | Royal Bank Plaza |
Sector | Basic Materials |
Industry | Gold |
Benchmark | NYSE Composite |
Website | www.klgold.com |
Phone | 416 840 7884 |
Currency | USD - US Dollar |
You should never invest in Kirkland Lake without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Kirkland Stock, because this is throwing your money away. Analyzing the key information contained in Kirkland Lake's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Kirkland Lake Key Financial Ratios
Generally speaking, Kirkland Lake's financial ratios allow both analysts and investors to convert raw data from Kirkland Lake's financial statements into concise, actionable information that can be used to evaluate the performance of Kirkland Lake over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Kirkland Lake Gold reports annually and quarterly.Return On Equity | 17.37 | |||
Return On Asset | 11.66 | |||
Beta | 0.51 |
Kirkland Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Kirkland Lake's current stock value. Our valuation model uses many indicators to compare Kirkland Lake value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Kirkland Lake competition to find correlations between indicators driving Kirkland Lake's intrinsic value. More Info.Kirkland Lake Gold is currently regarded as number one stock in market capitalization category among related companies. It is currently regarded as number one stock in number of employees category among related companies . The ratio of Market Capitalization to Number Of Employees for Kirkland Lake Gold is about 5,179,202 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Kirkland Lake by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Kirkland Lake's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Kirkland Lake's earnings, one of the primary drivers of an investment's value.Kirkland Lake Thematic Clasifications
Kirkland Lake Gold is part of Gold and Gold Mining investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Stocks, funds, and ETFs that are involved in producing or trading gold across different geographical areas. Large and mid-size companies, ETFs and funds that are either investing, exploring or producing, gold or indirectly involved in trading or making gold products
This theme covers Stocks, funds, and ETFs that are involved in producing or trading gold across different geographical areas. Large and mid-size companies, ETFs and funds that are either investing, exploring or producing, gold or indirectly involved in trading or making gold products. Get More Thematic Ideas
Gold and Gold Mining | View |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Other Consideration for investing in Kirkland Stock
If you are still planning to invest in Kirkland Lake Gold check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Kirkland Lake's history and understand the potential risks before investing.
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