Kinross Total Revenue vs Net Debt Analysis

K Stock

CAD 14.29 0.22 1.56%

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 Total Revenue and its Net Debt 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.

Total Revenue vs Net Debt

Total Revenue vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kinross Gold Corp Total Revenue account and Net Debt. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Kinross Gold's Total Revenue and Net Debt is 0.49. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Net Debt 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 Total Revenue and Net Debt 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 Revenue of Kinross Gold Corp are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Revenue i.e., Kinross Gold's Total Revenue and Net Debt go up and down completely randomly.

Correlation Coefficient

0.49

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Total Revenue

Total revenue comprises all receipts Kinross Gold Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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 11th of December 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 Recurring	95.4M	82.8M
Minority Interest	900K	855K

Non Recurring Minority Interest

Kinross Gold fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt
Common Stock Shares Outstanding		0.62	0.84	0.6	0.58	0.48	0.69	0.41	0.56	-0.74	0.21	0.33	0.6	0.85	0.82	0.3	0.21	0.03	0.81	0.79	0.36	0.32	0.81	0.43	0.59	0.17
Total Assets	0.62		0.65	0.35	0.78	0.97	0.95	0.44	0.04	-0.01	0.54	0.74	0.99	0.46	0.8	0.74	0.38	0.41	0.78	0.72	0.21	0.07	0.84	0.27	0.88	-0.03
Short Long Term Debt Total	0.84	0.65		0.58	0.65	0.51	0.71	0.47	0.7	-0.53	0.11	0.36	0.63	0.83	0.7	0.38	-0.09	0.38	0.81	0.75	0.49	0.34	0.83	0.42	0.64	-0.02
Other Current Liab	0.6	0.35	0.58		0.63	0.17	0.46	0.23	0.39	-0.61	-0.5	0.19	0.3	0.48	0.52	0.21	-0.29	0.3	0.63	0.7	0.52	0.25	0.68	0.15	0.47	0.41
Total Current Liabilities	0.58	0.78	0.65	0.63		0.7	0.8	0.22	0.09	-0.17	0.12	0.68	0.74	0.43	0.6	0.7	-0.03	0.56	0.65	0.66	0.22	0.22	0.79	0.15	0.8	0.12
Total Stockholder Equity	0.48	0.97	0.51	0.17	0.7		0.89	0.39	-0.09	0.19	0.62	0.76	0.98	0.36	0.72	0.76	0.47	0.41	0.62	0.56	0.07	0.04	0.69	0.28	0.82	-0.09
Property Plant And Equipment Net	0.69	0.95	0.71	0.46	0.8	0.89		0.55	0.25	-0.14	0.43	0.54	0.96	0.6	0.83	0.55	0.3	0.35	0.83	0.77	0.33	0.29	0.88	0.39	0.77	-0.1
Current Deferred Revenue	0.41	0.44	0.47	0.23	0.22	0.39	0.55		0.44	-0.15	0.07	0.01	0.48	0.44	0.34	-0.03	0.08	-0.2	0.49	0.43	0.7	0.61	0.46	0.62	0.23	-0.43
Net Debt	0.56	0.04	0.7	0.39	0.09	-0.09	0.25	0.44		-0.6	-0.22	-0.42	0.07	0.8	0.34	-0.38	-0.31	0.0	0.41	0.35	0.55	0.57	0.36	0.52	-0.08	-0.24
Retained Earnings	-0.74	-0.01	-0.53	-0.61	-0.17	0.19	-0.14	-0.15	-0.6		0.24	0.13	0.02	-0.56	-0.39	0.16	0.14	0.23	-0.55	-0.59	-0.41	-0.14	-0.49	-0.12	-0.15	-0.31
Accounts Payable	0.21	0.54	0.11	-0.5	0.12	0.62	0.43	0.07	-0.22	0.24		0.41	0.57	0.11	0.39	0.37	0.69	-0.07	0.24	0.13	-0.34	-0.2	0.22	0.03	0.34	-0.23
Cash	0.33	0.74	0.36	0.19	0.68	0.76	0.54	0.01	-0.42	0.13	0.41		0.68	0.03	0.42	0.99	0.3	0.48	0.44	0.44	-0.12	-0.29	0.54	-0.11	0.89	0.28
Non Current Assets Total	0.6	0.99	0.63	0.3	0.74	0.98	0.96	0.48	0.07	0.02	0.57	0.68		0.48	0.8	0.67	0.42	0.36	0.75	0.68	0.2	0.14	0.81	0.33	0.82	-0.09
Non Currrent Assets Other	0.85	0.46	0.83	0.48	0.43	0.36	0.6	0.44	0.8	-0.56	0.11	0.03	0.48		0.72	0.04	0.05	0.1	0.61	0.56	0.3	0.58	0.6	0.65	0.31	-0.02
Other Assets	0.82	0.8	0.7	0.52	0.6	0.72	0.83	0.34	0.34	-0.39	0.39	0.42	0.8	0.72		0.41	0.34	0.24	0.82	0.84	0.24	0.11	0.82	0.36	0.69	0.11
Cash And Short Term Investments	0.3	0.74	0.38	0.21	0.7	0.76	0.55	-0.03	-0.38	0.16	0.37	0.99	0.67	0.04	0.41		0.24	0.6	0.43	0.43	-0.13	-0.29	0.54	-0.1	0.9	0.27
Net Receivables	0.21	0.38	-0.09	-0.29	-0.03	0.47	0.3	0.08	-0.31	0.14	0.69	0.3	0.42	0.05	0.34	0.24		-0.22	0.14	0.05	-0.47	-0.07	0.1	0.27	0.2	0.22
Short Term Investments	0.03	0.41	0.38	0.3	0.56	0.41	0.35	-0.2	0.0	0.23	-0.07	0.48	0.36	0.1	0.24	0.6	-0.22		0.23	0.27	-0.04	-0.18	0.33	0.02	0.55	0.06
Non Current Liabilities Total	0.81	0.78	0.81	0.63	0.65	0.62	0.83	0.49	0.41	-0.55	0.24	0.44	0.75	0.61	0.82	0.43	0.14	0.23		0.95	0.51	0.07	0.98	0.18	0.77	0.11
Inventory	0.79	0.72	0.75	0.7	0.66	0.56	0.77	0.43	0.35	-0.59	0.13	0.44	0.68	0.56	0.84	0.43	0.05	0.27	0.95		0.54	0.01	0.94	0.17	0.78	0.12
Other Current Assets	0.36	0.21	0.49	0.52	0.22	0.07	0.33	0.7	0.55	-0.41	-0.34	-0.12	0.2	0.3	0.24	-0.13	-0.47	-0.04	0.51	0.54		0.32	0.47	0.18	0.2	-0.35
Other Stockholder Equity	0.32	0.07	0.34	0.25	0.22	0.04	0.29	0.61	0.57	-0.14	-0.2	-0.29	0.14	0.58	0.11	-0.29	-0.07	-0.18	0.07	0.01	0.32		0.11	0.75	-0.19	-0.25
Total Liab	0.81	0.84	0.83	0.68	0.79	0.69	0.88	0.46	0.36	-0.49	0.22	0.54	0.81	0.6	0.82	0.54	0.1	0.33	0.98	0.94	0.47	0.11		0.19	0.84	0.12
Property Plant And Equipment Gross	0.43	0.27	0.42	0.15	0.15	0.28	0.39	0.62	0.52	-0.12	0.03	-0.11	0.33	0.65	0.36	-0.1	0.27	0.02	0.18	0.17	0.18	0.75	0.19		0.03	-0.28
Total Current Assets	0.59	0.88	0.64	0.47	0.8	0.82	0.77	0.23	-0.08	-0.15	0.34	0.89	0.82	0.31	0.69	0.9	0.2	0.55	0.77	0.78	0.2	-0.19	0.84	0.03		0.21
Short Term Debt	0.17	-0.03	-0.02	0.41	0.12	-0.09	-0.1	-0.43	-0.24	-0.31	-0.23	0.28	-0.09	-0.02	0.11	0.27	0.22	0.06	0.11	0.12	-0.35	-0.25	0.12	-0.28	0.21

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Kinross Gold Account Relationship Matchups

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	2.3B	2.4B
Other Current Liab	130.2M	616.7M	498.9M	482.5M	468.8M	263.6M
Total Current Liabilities	615.5M	1.3B	741.4M	751.5M	685.5M	490.7M
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	8.0B	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)	(9.0B)	(8.5B)
Cash	575.1M	1.2B	531.5M	418.1M	352.4M	575.4M
Non Current Assets Total	7.3B	8.5B	8.5B	8.5B	8.7B	5.2B
Non Currrent Assets Other	572.7M	537.2M	545.1M	680.9M	716.6M	752.4M
Other Assets	607.9M	539.9M	597.4M	535.7M	616.1M	463.5M
Cash And Short Term Investments	575.1M	1.2B	531.5M	418.1M	352.4M	592.1M
Net Receivables	173.4M	8.1M	176.2M	(7.9M)	106.6M	69.8M
Short Term Investments	10.5M	28.9M	16.6M	6.1M	14.5M	28.7M
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	1.2B	610.7M
Other Current Assets	22.4M	157.8M	266.1M	362.3M	175.8M	108.6M
Other Stockholder Equity	242.1M	10.7B	10.7B	10.7B	10.6B	11.2B
Total Liab	3.7B	4.3B	3.8B	4.5B	4.4B	2.3B
Property Plant And Equipment Gross	6.3B	7.7B	21.6B	7.7B	20.5B	21.5B
Total Current Assets	1.8B	2.4B	1.9B	1.9B	1.8B	1.4B
Accumulated Other Comprehensive Income	(20.4M)	(23.7M)	(18.8M)	(41.7M)	(61.3M)	(58.2M)
Short Term Debt	16M	528.1M	59.7M	60.5M	10.1M	9.6M
Common Stock	14.9B	4.5B	4.4B	4.4B	4.5B	4.3B
Common Stock Total Equity	14.9B	14.9B	14.9B	4.5B	4.0B	3.8B
Other Liab	1.3B	1.5B	1.4B	1.2B	1.1B	1.1B
Net Tangible Assets	5.2B	6.4B	6.4B	5.8B	6.7B	5.6B
Long Term Debt	1.8B	1.4B	1.6B	2.6B	2.2B	2.1B
Deferred Long Term Liab	32.5M	6M	7.3M	6.8M	7.8M	11.3M
Long Term Investments	144.6M	131.3M	105.3M	116.9M	61.2M	58.1M
Property Plant Equipment	6.3B	7.7B	7.6B	7.7B	8.9B	6.7B
Long Term Debt Total	1.9B	1.5B	1.6B	2.6B	3.0B	2.0B

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

0.78	AG	First Majestic Silver	Pair Corr
0.71	IE	Ivanhoe Energy	Pair Corr

Moving against Kinross Stock

0.51

INFM

Infinico Metals Corp

Pair Corr

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 Correlation Correlation 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.

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Kinross Total Revenue vs Net Debt Analysis

Total Revenue vs Net Debt

Total Revenue vs Net Debt Correlation Analysis

Correlation Coefficient

Total Revenue

Net Debt

Kinross Gold fundamental ratios Correlations

Kinross Gold Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Kinross Gold fundamental ratios Accounts

Pair Trading with Kinross Gold

Moving together with Kinross Stock

Moving against Kinross Stock

Other Information on Investing in Kinross Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 0.99	Total Assets
Cash And Short Term Investments	+ 0.99	Cash
Non Current Assets Total	+ 0.98	Total Stockholder Equity
Total Liab	+ 0.98	Non Current Liabilities Total
Total Stockholder Equity	+ 0.97	Total Assets
Non Current Assets Total	+ 0.96	Property Plant And Equipment Net

Retained Earnings	- 0.74	Common Stock Shares Outstanding
Retained Earnings	- 0.61	Other Current Liab
Retained Earnings	- 0.6	Net Debt
Inventory	- 0.59	Retained Earnings
Non Currrent Assets Other	- 0.56	Retained Earnings
Non Current Liabilities Total	- 0.55	Retained Earnings