Kinross Accounts Payable from 2010 to 2025

KGC Stock  USD 9.90  0.21  2.17%   
Kinross Gold's Accounts Payable is decreasing over the years with stable fluctuation. Overall, Accounts Payable is expected to go to about 131.7 M this year. Accounts Payable is the amount Kinross Gold owes to suppliers or vendors for products or services received but not yet paid for. It represents Kinross Gold's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1993-06-30
Previous Quarter
114.6 M
Current Value
114.6 M
Quarterly Volatility
151.9 M
 
Dot-com Bubble
 
Housing Crash
 
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 142.7 M, Total Revenue of 5.1 B or Gross Profit of 1.4 B, as well as many indicators such as Price To Sales Ratio of 1.91, Dividend Yield of 0.0188 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 Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of Kinross Gold over the last few years. An accounting item on the balance sheet that represents Kinross Gold obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Kinross Gold are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. It is the amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities. Kinross Gold's Accounts Payable 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.
Accounts Payable10 Years Trend
Pretty Stable
   Accounts Payable   
       Timeline  

Kinross Accounts Payable Regression Statistics

Arithmetic Mean154,373,755
Geometric Mean109,342,330
Coefficient Of Variation104.21
Mean Deviation99,169,061
Median113,700,000
Standard Deviation160,865,876
Sample Variance25877.8T
Range621.8M
R-Value(0.13)
Mean Square Error27278.1T
R-Squared0.02
Significance0.64
Slope(4,295,639)
Total Sum of Squares388167.5T

Kinross Accounts Payable History

2025131.7 M
2024130.8 M
2023113.7 M
2022119.1 M
202187.8 M
2019469.3 M
201889.1 M

About Kinross Gold Financial Statements

Kinross Gold stakeholders use historical fundamental indicators, such as Kinross Gold's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Kinross Gold investors may analyze each financial statement separately, they are all interrelated. For example, changes in Kinross Gold's assets and liabilities are reflected in the revenues and expenses on Kinross Gold's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Kinross Gold. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable130.8 M131.7 M

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 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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global 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.