Kinross Total Operating Expenses vs Selling General Administrative Analysis
KGC Stock | USD 7.76 0.04 0.51% |
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 Operating Expenses and its Selling General Administrative 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 tightly coupled 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 Operating Expenses vs Selling General Administrative
Total Operating Expenses vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kinross Gold Total Operating Expenses account and Selling General Administrative. At this time, the significance of the direction appears to have strong relationship.
The correlation between Kinross Gold's Total Operating Expenses and Selling General Administrative is 0.77. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Selling General Administrative 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 Operating Expenses and Selling General Administrative 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 Operating Expenses of Kinross Gold are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Operating Expenses i.e., Kinross Gold's Total Operating Expenses and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Selling General Administrative
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 tightly coupled 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 5.28, 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 | 3.5B | 2.3B |
Kinross Gold fundamental ratios Correlations
Click cells to compare fundamentals
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 | 2.2B | 2.4B | |
Other Current Liab | 20.3M | 49.7M | 4M | 165.5M | 466.4M | 489.7M | |
Total Current Liabilities | 615.5M | 1.3B | 741.4M | 751.5M | 682.0M | 490.6M | |
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 | 7.9B | 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) | (8.9B) | (8.5B) | |
Accounts Payable | 469.3M | 479.2M | 87.8M | 550M | 113.1M | 160.8M | |
Cash | 575.1M | 1.2B | 531.5M | 418.1M | 360.3M | 575.6M | |
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 | 806.2M | 846.5M | |
Cash And Short Term Investments | 575.1M | 1.2B | 531.5M | 418.1M | 360.3M | 592.4M | |
Net Receivables | 173.4M | 152.2M | 176.2M | 326.7M | 47.9M | 45.5M | |
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 | 1.1B | 610.5M | |
Other Current Assets | 22.4M | 13.7M | 89.9M | 125.8M | 130.4M | 126.7M | |
Other Stockholder Equity | 242.1M | 10.7B | 10.7B | 10.7B | 10.6B | 11.1B | |
Total Liab | 3.7B | 4.3B | 3.8B | 4.5B | 4.3B | 2.3B | |
Total Current Assets | 1.8B | 2.4B | 1.9B | 1.9B | 1.7B | 1.4B | |
Accumulated Other Comprehensive Income | (20.4M) | (23.7M) | (18.8M) | (41.7M) | (61.0M) | (57.9M) | |
Short Term Debt | 16M | 499.7M | 59.7M | 36M | 10.0M | 9.5M | |
Other Assets | 607.9M | 539.9M | 597.4M | 535.7M | 1.0 | 0.95 | |
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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Try AI Portfolio ArchitectCheck 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 tightly coupled 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.Note that the Kinross Gold information on this page should be used as a complementary analysis to other Kinross Gold's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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When running Kinross Gold's price analysis, check to measure Kinross Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kinross Gold is operating at the current time. Most of Kinross Gold's value examination focuses on studying past and present price action to predict the probability of Kinross Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kinross Gold's price. Additionally, you may evaluate how the addition of Kinross Gold to your portfolios can decrease your overall portfolio volatility.
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Is Kinross Gold's industry 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.