Kinross Gold Corporation
Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in the United States, Brazil, Chile, Canada, and Mauritania. It is also involved in the extraction and processing of gold-containing ores; reclamation of gold mining properties; and production and sale of silver. Kinross Gold Corporation was founded in … Read more
Kinross Gold Corporation (KGC) - Total Assets
Latest total assets as of September 2025: $12.12 Billion USD
Based on the latest financial reports, Kinross Gold Corporation (KGC) holds total assets worth $12.12 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Kinross Gold Corporation - Total Assets Trend (1993–2024)
This chart illustrates how Kinross Gold Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Kinross Gold Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
Kinross Gold Corporation's total assets of $12.12 Billion consist of 18.7% current assets and 81.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $329.90 Million | 5.7% |
| Accounts Receivable | $45.47 Million | 0.4% |
| Inventory | $1.24 Billion | 11.4% |
| Property, Plant & Equipment | $7.97 Billion | 73.4% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1993–2024)
This chart illustrates how Kinross Gold Corporation's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Kinross Gold Corporation's current assets represent 18.7% of total assets in 2024, a decrease from 40.5% in 1993.
- Cash Position: Cash and equivalents constituted 5.7% of total assets in 2024, down from 25.3% in 1993.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1993.
- Asset Diversification: The largest asset category is property, plant & equipment at 73.4% of total assets.
Kinross Gold Corporation Competitors by Total Assets
Key competitors of Kinross Gold Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
K92 Mining Inc
OTCQX:KNTNF
|
USA | $861.71 Million |
|
Matmown Inc
PINK:MTMW
|
USA | $1.29 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
Panthera Resources PLC
LSE:PAT
|
UK | GBX6.26 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
|
Bahvest Resources Bhd
KLSE:0098
|
Malaysia | RM430.12 Million |
|
Pearl Gold AG
F:02P
|
Germany | €9.26 Million |
|
McLaren Resources Inc
F:3ML
|
Germany | €29.32K |
Kinross Gold Corporation - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Kinross Gold Corporation generates 0.47x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Kinross Gold Corporation generates $8.74 in net profit.
Kinross Gold Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.83 | 1.52 | 2.16 |
| Quick Ratio | 1.68 | 0.54 | 1.14 |
| Cash Ratio | 0.00 | 0.16 | 0.00 |
| Working Capital | $2.21 Billion | $ 656.46 Million | $ 1.24 Billion |
Kinross Gold Corporation - Advanced Valuation Insights
This section examines the relationship between Kinross Gold Corporation's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 4.69 |
| Latest Market Cap to Assets Ratio | 3.43 |
| Asset Growth Rate (YoY) | 3.5% |
| Total Assets | $10.86 Billion |
| Market Capitalization | $37.25 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Kinross Gold Corporation's assets at a significant premium ( 3.43x), suggesting investors see substantial growth potential or unique competitive advantages.
Positive Asset Growth: Kinross Gold Corporation's assets grew by 3.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Kinross Gold Corporation (1993–2024)
The table below shows the annual total assets of Kinross Gold Corporation from 1993 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $10.86 Billion | +3.53% |
| 2023-12-31 | $10.49 Billion | +0.94% |
| 2022-12-31 | $10.39 Billion | -0.21% |
| 2021-12-31 | $10.41 Billion | -4.75% |
| 2020-12-31 | $10.93 Billion | +20.46% |
| 2019-12-31 | $9.08 Billion | +12.55% |
| 2018-12-31 | $8.06 Billion | -1.15% |
| 2017-12-31 | $8.16 Billion | +2.23% |
| 2016-12-31 | $7.98 Billion | +3.15% |
| 2015-12-31 | $7.74 Billion | -13.58% |
| 2014-12-31 | $8.95 Billion | -12.98% |
| 2013-12-31 | $10.29 Billion | -30.88% |
| 2012-12-31 | $14.88 Billion | -9.85% |
| 2011-12-31 | $16.51 Billion | -7.23% |
| 2010-12-31 | $17.80 Billion | +122.07% |
| 2009-12-31 | $8.01 Billion | +8.97% |
| 2008-12-31 | $7.35 Billion | +9.82% |
| 2007-12-31 | $6.70 Billion | +230.81% |
| 2006-12-31 | $2.02 Billion | +19.20% |
| 2005-12-31 | $1.70 Billion | -7.42% |
| 2004-12-31 | $1.83 Billion | -14.39% |
| 2003-12-31 | $2.14 Billion | +258.28% |
| 2002-12-31 | $598.00 Million | +3.53% |
| 2001-12-31 | $577.60 Million | -17.49% |
| 2000-12-31 | $700.00 Million | -20.67% |
| 1999-12-31 | $882.39 Million | -20.85% |
| 1998-12-31 | $1.11 Billion | +141.80% |
| 1997-12-31 | $461.04 Million | -13.61% |
| 1996-12-31 | $533.70 Million | +85.17% |
| 1995-12-31 | $288.23 Million | +50.63% |
| 1994-12-31 | $191.36 Million | +63.98% |
| 1993-12-31 | $116.70 Million | -- |