Kinross Common Stock Shares Outstanding vs Current Deferred Revenue Analysis

K Stock  CAD 13.71  0.15  1.08%   
Kinross Gold financial indicator trend analysis is infinitely more than just investigating Kinross Gold Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kinross Gold Corp is a good investment. Please check the relationship between Kinross Gold Common Stock Shares Outstanding and its Current Deferred Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kinross Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Kinross Stock, please use our How to Invest in Kinross Gold guide.

Common Stock Shares Outstanding vs Current Deferred Revenue

Common Stock Shares Outstanding vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kinross Gold Corp Common Stock Shares Outstanding account and Current Deferred Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Kinross Gold's Common Stock Shares Outstanding and Current Deferred Revenue is 0.41. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Kinross Gold Corp, assuming nothing else is changed. The correlation between historical values of Kinross Gold's Common Stock Shares Outstanding and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Kinross Gold Corp are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Common Stock Shares Outstanding i.e., Kinross Gold's Common Stock Shares Outstanding and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
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 Corp 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 Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Kinross Stock, please use our How to Invest in Kinross Gold guide.At this time, Kinross Gold's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 30th of November 2024, Enterprise Value Over EBITDA is likely to grow to 10.22, while Selling General Administrative is likely to drop about 100.9 M.
 2023 2024 (projected)
Non Recurring95.4M82.8M
Minority Interest900K855K

Kinross Gold fundamental ratios Correlations

0.620.840.60.580.480.690.410.56-0.740.210.330.60.850.820.30.210.030.810.790.360.320.810.430.590.17
0.620.650.350.780.970.950.440.04-0.010.540.740.990.460.80.740.380.410.780.720.210.070.840.270.88-0.03
0.840.650.580.650.510.710.470.7-0.530.110.360.630.830.70.38-0.090.380.810.750.490.340.830.420.64-0.02
0.60.350.580.630.170.460.230.39-0.61-0.50.190.30.480.520.21-0.290.30.630.70.520.250.680.150.470.41
0.580.780.650.630.70.80.220.09-0.170.120.680.740.430.60.7-0.030.560.650.660.220.220.790.150.80.12
0.480.970.510.170.70.890.39-0.090.190.620.760.980.360.720.760.470.410.620.560.070.040.690.280.82-0.09
0.690.950.710.460.80.890.550.25-0.140.430.540.960.60.830.550.30.350.830.770.330.290.880.390.77-0.1
0.410.440.470.230.220.390.550.44-0.150.070.010.480.440.34-0.030.08-0.20.490.430.70.610.460.620.23-0.43
0.560.040.70.390.09-0.090.250.44-0.6-0.22-0.420.070.80.34-0.38-0.310.00.410.350.550.570.360.52-0.08-0.24
-0.74-0.01-0.53-0.61-0.170.19-0.14-0.15-0.60.240.130.02-0.56-0.390.160.140.23-0.55-0.59-0.41-0.14-0.49-0.12-0.15-0.31
0.210.540.11-0.50.120.620.430.07-0.220.240.410.570.110.390.370.69-0.070.240.13-0.34-0.20.220.030.34-0.23
0.330.740.360.190.680.760.540.01-0.420.130.410.680.030.420.990.30.480.440.44-0.12-0.290.54-0.110.890.28
0.60.990.630.30.740.980.960.480.070.020.570.680.480.80.670.420.360.750.680.20.140.810.330.82-0.09
0.850.460.830.480.430.360.60.440.8-0.560.110.030.480.720.040.050.10.610.560.30.580.60.650.31-0.02
0.820.80.70.520.60.720.830.340.34-0.390.390.420.80.720.410.340.240.820.840.240.110.820.360.690.11
0.30.740.380.210.70.760.55-0.03-0.380.160.370.990.670.040.410.240.60.430.43-0.13-0.290.54-0.10.90.27
0.210.38-0.09-0.29-0.030.470.30.08-0.310.140.690.30.420.050.340.24-0.220.140.05-0.47-0.070.10.270.20.22
0.030.410.380.30.560.410.35-0.20.00.23-0.070.480.360.10.240.6-0.220.230.27-0.04-0.180.330.020.550.06
0.810.780.810.630.650.620.830.490.41-0.550.240.440.750.610.820.430.140.230.950.510.070.980.180.770.11
0.790.720.750.70.660.560.770.430.35-0.590.130.440.680.560.840.430.050.270.950.540.010.940.170.780.12
0.360.210.490.520.220.070.330.70.55-0.41-0.34-0.120.20.30.24-0.13-0.47-0.040.510.540.320.470.180.2-0.35
0.320.070.340.250.220.040.290.610.57-0.14-0.2-0.290.140.580.11-0.29-0.07-0.180.070.010.320.110.75-0.19-0.25
0.810.840.830.680.790.690.880.460.36-0.490.220.540.810.60.820.540.10.330.980.940.470.110.190.840.12
0.430.270.420.150.150.280.390.620.52-0.120.03-0.110.330.650.36-0.10.270.020.180.170.180.750.190.03-0.28
0.590.880.640.470.80.820.770.23-0.08-0.150.340.890.820.310.690.90.20.550.770.780.2-0.190.840.030.21
0.17-0.03-0.020.410.12-0.09-0.1-0.43-0.24-0.31-0.230.28-0.09-0.020.110.270.220.060.110.12-0.35-0.250.12-0.280.21
Click cells to compare fundamentals

Kinross Gold Account Relationship Matchups

Kinross Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding1.3B1.3B1.3B1.3B1.2B1.3B
Total Assets9.1B10.9B10.4B10.4B10.5B6.6B
Short Long Term Debt Total1.9B2.0B1.7B2.6B2.3B2.4B
Other Current Liab130.2M616.7M498.9M482.5M468.8M263.6M
Total Current Liabilities615.5M1.3B741.4M751.5M685.5M490.7M
Total Stockholder Equity5.3B6.6B6.6B5.8B6.1B4.2B
Property Plant And Equipment Net6.3B7.7B7.7B7.7B8.0B4.1B
Net Debt1.3B759.3M1.2B2.2B1.9B2.0B
Retained Earnings(9.8B)(8.6B)(8.5B)(9.3B)(9.0B)(8.5B)
Cash575.1M1.2B531.5M418.1M352.4M575.4M
Non Current Assets Total7.3B8.5B8.5B8.5B8.7B5.2B
Non Currrent Assets Other572.7M537.2M545.1M680.9M716.6M752.4M
Other Assets607.9M539.9M597.4M535.7M616.1M463.5M
Cash And Short Term Investments575.1M1.2B531.5M418.1M352.4M592.1M
Net Receivables173.4M8.1M176.2M(7.9M)106.6M69.8M
Short Term Investments10.5M28.9M16.6M6.1M14.5M28.7M
Liabilities And Stockholders Equity9.1B10.9B10.4B10.4B10.5B6.6B
Non Current Liabilities Total3.1B2.9B3.0B3.8B3.7B1.8B
Inventory1.1B1.1B1.2B1.1B1.2B610.7M
Other Current Assets22.4M157.8M266.1M362.3M175.8M108.6M
Other Stockholder Equity242.1M10.7B10.7B10.7B10.6B11.2B
Total Liab3.7B4.3B3.8B4.5B4.4B2.3B
Property Plant And Equipment Gross6.3B7.7B21.6B7.7B20.5B21.5B
Total Current Assets1.8B2.4B1.9B1.9B1.8B1.4B
Accumulated Other Comprehensive Income(20.4M)(23.7M)(18.8M)(41.7M)(61.3M)(58.2M)
Short Term Debt16M528.1M59.7M60.5M10.1M9.6M
Common Stock14.9B4.5B4.4B4.4B4.5B4.3B
Common Stock Total Equity14.9B14.9B14.9B4.5B4.0B3.8B
Other Liab1.3B1.5B1.4B1.2B1.1B1.1B
Net Tangible Assets5.2B6.4B6.4B5.8B6.7B5.6B
Long Term Debt1.8B1.4B1.6B2.6B2.2B2.1B
Deferred Long Term Liab32.5M6M7.3M6.8M7.8M11.3M
Long Term Investments144.6M131.3M105.3M116.9M61.2M58.1M
Property Plant Equipment6.3B7.7B7.6B7.7B8.9B6.7B
Long Term Debt Total1.9B1.5B1.6B2.6B3.0B2.0B

Pair Trading with Kinross Gold

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Kinross Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Kinross Gold will appreciate offsetting losses from the drop in the long position's value.

Moving together with Kinross Stock

  0.9AG First Majestic SilverPairCorr
  0.86IE Ivanhoe EnergyPairCorr
  0.8FDY Faraday Copper CorpPairCorr

Moving against Kinross Stock

  0.4INFM Infinico Metals CorpPairCorr
The ability to find closely correlated positions to Kinross Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kinross Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Kinross Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Kinross Gold Corp to buy it.
The correlation of Kinross Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kinross Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kinross Gold Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Kinross Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Kinross Stock

Balance Sheet is a snapshot of the financial position of Kinross Gold Corp at a specified time, usually calculated after every quarter, six months, or one year. Kinross Gold Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Kinross Gold and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Kinross currently owns. An asset can also be divided into two categories, current and non-current.