Kinross Gross Profit from 2010 to 2024

KGC Stock  USD 6.74  0.01  0.15%   
Kinross Gold's Gross Profit is increasing over the years with slightly volatile fluctuation. Overall, Gross Profit is expected to go to about 1 B this year. Gross Profit is the profit Kinross Gold makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1985-09-30
Previous Quarter
317.9 M
Current Value
197.1 M
Quarterly Volatility
413.6 M
 
Black Monday
 
Oil Shock
 
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 main balance sheet or income statement drivers, such as Interest Expense of 65.5 M, Total Revenue of 4.5 B or Gross Profit of 1 B, as well as many exotic indicators such as Price To Sales Ratio of 1.6, Dividend Yield of 0.0213 or PTB Ratio of 1.6. Kinross financial statements analysis is a perfect complement when working with Kinross Gold Valuation or Volatility modules.
  
This module can also supplement Kinross Gold's financial leverage analysis and stock options assessment as well as various Kinross Gold Technical models . 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 Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Kinross Gold over the last few years. Gross profit is a required income statement account that reflects total revenue of Kinross Gold minus its cost of goods sold. It is profit before Kinross Gold operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Kinross Gold's Gross Profit 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.
ViewLast Reported 1.54 B10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Kinross Gross Profit Regression Statistics

Arithmetic Mean189,722,407
Coefficient Of Variation644.25
Mean Deviation971,671,259
Median515,400,000
Standard Deviation1,222,277,243
Sample Variance1493961.7T
Range4.5B
R-Value0.74
Mean Square Error719858.5T
R-Squared0.55
Significance0
Slope203,165,160
Total Sum of Squares20915463.2T

Kinross Gross Profit History

2024B
2023994.4 M
2022515.4 M
2021B
20202.3 B
20191.3 B
2018579.7 M

Other Fundumenentals of Kinross Gold

Kinross Gold Gross Profit component correlations

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0.970.45-0.10.190.430.5-0.120.690.82-0.070.310.480.870.650.660.34-0.060.130.19-0.010.040.050.06-0.07
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0.470.43-0.20.270.020.51-0.220.480.4-0.09-0.030.410.530.00.020.330.28-0.14-0.060.120.20.34-0.26-0.25
0.610.50.380.17-0.220.510.330.720.680.020.450.690.490.120.11-0.13-0.070.320.09-0.1-0.23-0.160.230.14
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0.840.690.370.36-0.490.480.720.260.830.120.440.90.85-0.02-0.010.06-0.06-0.1-0.180.170.090.13-0.06-0.15
0.880.820.47-0.09-0.150.40.680.430.830.230.610.610.710.360.35-0.06-0.140.290.2-0.22-0.21-0.20.330.18
-0.02-0.07-0.23-0.25-0.3-0.090.020.440.120.230.340.04-0.14-0.1-0.12-0.46-0.130.240.4-0.25-0.28-0.290.40.26
0.370.310.17-0.13-0.37-0.030.450.650.440.610.340.40.120.190.16-0.690.260.450.3-0.35-0.72-0.70.450.74
0.650.480.160.61-0.580.410.690.250.90.610.040.40.72-0.19-0.17-0.020.0-0.19-0.280.450.110.14-0.12-0.15
0.930.870.360.31-0.120.530.49-0.20.850.71-0.140.120.720.250.270.49-0.05-0.24-0.150.310.360.38-0.26-0.4
0.480.650.25-0.660.720.00.12-0.17-0.020.36-0.10.19-0.190.251.00.14-0.080.550.58-0.22-0.34-0.360.420.34
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0.280.340.160.160.430.33-0.13-0.710.06-0.06-0.46-0.69-0.020.490.140.17-0.11-0.35-0.10.340.670.68-0.4-0.69
-0.07-0.06-0.260.1-0.120.28-0.07-0.23-0.06-0.14-0.130.260.0-0.05-0.08-0.09-0.11-0.17-0.080.0-0.21-0.02-0.20.24
0.060.130.15-0.680.45-0.140.320.47-0.10.290.240.45-0.19-0.240.550.51-0.35-0.170.83-0.49-0.82-0.850.890.8
0.090.19-0.05-0.650.55-0.060.090.17-0.180.20.40.3-0.28-0.150.580.55-0.1-0.080.83-0.39-0.63-0.660.710.63
0.05-0.01-0.390.64-0.120.12-0.1-0.320.17-0.22-0.25-0.350.450.31-0.22-0.160.340.0-0.49-0.390.510.48-0.4-0.48
0.060.040.00.58-0.130.2-0.23-0.580.09-0.21-0.28-0.720.110.36-0.34-0.30.67-0.21-0.82-0.630.510.97-0.75-0.98
0.080.05-0.020.58-0.160.34-0.16-0.630.13-0.2-0.29-0.70.140.38-0.36-0.320.68-0.02-0.85-0.660.480.97-0.79-0.97
0.030.060.22-0.650.29-0.260.230.66-0.060.330.40.45-0.12-0.260.420.38-0.4-0.20.890.71-0.4-0.75-0.790.73
-0.1-0.07-0.06-0.540.13-0.250.140.58-0.150.180.260.74-0.15-0.40.340.29-0.690.240.80.63-0.48-0.98-0.970.73
Click cells to compare fundamentals

About Kinross Gold Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Kinross Gold income statement, its balance sheet, and the statement of cash flows. Kinross Gold investors use historical funamental indicators, such as Kinross Gold's Gross Profit, to determine how well the company is positioned to perform in the future. Although Kinross Gold investors may use each financial statement separately, they are all related. The changes in Kinross Gold's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Kinross Gold's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Kinross Gold Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Kinross Gold. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit994.4 MB
Gross Profit Margin 0.23  0.21 

Kinross Gold Investors Sentiment

The influence of Kinross Gold's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Kinross. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Kinross Gold's public news can be used to forecast risks associated with an investment in Kinross. The trend in average sentiment can be used to explain how an investor holding Kinross can time the market purely based on public headlines and social activities around Kinross Gold. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Kinross Gold's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Kinross Gold's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Kinross Gold's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Kinross Gold.

Kinross Gold Implied Volatility

    
  50.38  
Kinross Gold's implied volatility exposes the market's sentiment of Kinross Gold stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Kinross Gold's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Kinross Gold stock will not fluctuate a lot when Kinross Gold's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Kinross Gold in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Kinross Gold's short interest history, or implied volatility extrapolated from Kinross Gold options trading.

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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.
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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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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
0.809
Dividend Share
0.12
Earnings Share
0.34
Revenue Per Share
3.455
Quarterly Revenue Growth
0.037
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.