Kinross Gold Corporation (KGC) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 3.69B | 3.28B | 3.41B | 2.65B | 2.14B | 2.03B | 1.92B | 1.82B | 1.72B | 1.69B | 1.85B | 1.85B | 1.82B | 1.73B | 1.78B | 2.39B | 2.19B | 1.95B | 1.96B | 2.02B |
| Cash & Short-Term Investments | 2.21B | 1.75B | 1.73B | 1.15B | 706.53M | 621.33M | 482.84M | 489.43M | 416.77M | 360.35M | 471.53M | 486.25M | 482.22M | 428.01M | 493.07M | 727.27M | 466.48M | 542.17M | 596.72M | 687.6M |
| Cash Only | 2.21B | 1.75B | 1.73B | 1.15B | 706.53M | 621.33M | 482.84M | 489.43M | 416.77M | 360.35M | 471.53M | 486.25M | 482.22M | 428.01M | 493.07M | 727.27M | 466.48M | 542.17M | 596.72M | 687.6M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 129.42M | 84.05M | 75.83M | 28.56M | 101.1M | 45.47M | 40.14M | 38.09M | 42.06M | 47.85M | 47.37M | 59.7M | 85.96M | 99.35M | 92.04M | 98.76M | 79.06M | 89.58M | 63.71M | 61.6M |
| Days Sales Outstanding | 4.05 | 3.58 | 2.69 | 3.41 | 4.4 | 2.78 | 2.51 | 2.99 | 3.78 | 3.93 | 4.47 | 6.07 | 8.97 | 8.18 | 10.25 | 9.85 | 10.83 | 8.02 | 9.9 | 9.11 |
| Inventory | 1.32B | 1.37B | 1.38B | 1.35B | 1.27B | 1.24B | 1.23B | 1.14B | 1.12B | 1.15B | 1.2B | 1.19B | 1.14B | 1.07B | 1.08B | 1.06B | 1.04B | 1.15B | 1.15B | 1.15B |
| Days Inventory Outstanding | 120.67 | 129.36 | 133.93 | 143.37 | 135.48 | 130.95 | 138.87 | 123.63 | 131.44 | 124.98 | 139.77 | 143.62 | 143.02 | 87.89 | 151.34 | 151.21 | 186.28 | 137.83 | 229.03 | 196.26 |
| Other Current Assets | 30.6M | 35.93M | 165.34M | 102.43M | 31.2M | 72.86M | 107.43M | 121.18M | 109.49M | 87.55M | 74.54M | 86.45M | 76.45M | 93.16M | 81.12M | 496.6M | 569.4M | 132.92M | 110.04M | 106.5M |
| Total Non-Current Assets | 9.24B | 9.11B | 8.71B | 8.83B | 8.81B | 8.83B | 8.82B | 8.82B | 8.82B | 8.8B | 8.69B | 8.68B | 8.69B | 8.67B | 8.69B | 8.56B | 8.92B | 8.47B | 8.44B | 8.44B |
| Property, Plant & Equipment | 8.34B | 8.27B | 8.04B | 7.99B | 7.92B | 7.96B | 7.93B | 7.92B | 7.93B | 7.92B | 7.81B | 7.8B | 7.8B | 7.74B | 7.8B | 7.88B | 8.23B | 7.61B | 7.61B | 7.59B |
| Fixed Asset Turnover | 0.29x | 0.25x | 0.22x | 0.22x | 0.19x | 0.18x | 0.18x | 0.15x | 0.14x | 0.14x | 0.14x | 0.14x | 0.12x | 0.14x | 0.11x | 0.10x | 0.09x | 0.12x | 0.08x | 0.09x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 158.59M | 158.57M | 158.8M |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 262.86M | 231.48M | 185.02M | 197.24M | 165.71M | 141.02M | 141.98M | 126.58M | 124.97M | 62.58M | 166.9M | 227.5M | 257.67M | 293.07M | 223.1M | 220.55M | 286.79M | 255.85M | 264.11M | 307M |
| Other Non-Current Assets | 625.35M | 575.25M | 483.23M | 641.42M | 715.53M | 723.47M | 739.23M | 758.49M | 749.13M | 806.15M | 716.75M | 644.48M | 628.72M | 630.11M | 657.69M | 452.03M | 396.1M | 439.4M | 398.71M | 376.8M |
| Total Assets | 12.93B | 12.39B | 12.12B | 11.49B | 10.95B | 10.86B | 10.74B | 10.64B | 10.54B | 10.49B | 10.54B | 10.53B | 10.51B | 10.39B | 10.46B | 10.95B | 11.1B | 10.41B | 10.4B | 10.46B |
| Asset Turnover | 0.19x | 0.17x | 0.15x | 0.15x | 0.14x | 0.13x | 0.13x | 0.12x | 0.10x | 0.11x | 0.10x | 0.10x | 0.09x | 0.10x | 0.08x | 0.07x | 0.07x | 0.08x | 0.06x | 0.07x |
| Asset Growth % | 18% | 14.08% | 12.82% | 8% | 3.91% | 3.53% | 1.89% | 1.04% | 0.33% | 0.94% | 0.74% | -3.84% | -5.36% | -0.21% | 0.66% | 4.64% | 2.97% | -4.75% | 3.88% | 0.95% |
| Total Current Liabilities | 1.3B | 1.4B | 1.21B | 968.85M | 793.34M | 1.06B | 1.26B | 1.52B | 1.59B | 681.99M | 728.79M | 1.23B | 1.13B | 751.16M | 638.53M | 797.48M | 659.94M | 740.4M | 770.37M | 661.1M |
| Accounts Payable | 667.39M | 582.74M | 609.41M | 612.66M | 529.53M | 83.85M | 114.62M | 108.28M | 91.41M | 113.12M | 113.95M | 102.42M | 110.07M | 119.05M | 116.66M | 95.35M | 93.44M | 87.68M | 91.47M | 92.6M |
| Days Payables Outstanding | 56.14 | 56.12 | 60.01 | 62.52 | 33.05 | 10.51 | 13.04 | 10.92 | 11.88 | 12.11 | 12.69 | 13.12 | 14.82 | 9.61 | 15 | 13.61 | 15.39 | 10.72 | 18.29 | 15.52 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 204.48M | 448.99M | 799.38M | 998.27M | 10.05M | 45.08M | 548.04M | 550.77M | 60.47M | 54.91M | 56.69M | 57.7M | 59.62M | 53.12M | 55.1M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 84.98M | 141.34M | 76.33M | 69.65M | 70.7M | 378.57M | 341.86M | 366.75M | 331.56M | 332.39M | 374.89M | 408.39M | 328.52M | 353.44M | 303.33M | 515.43M | 394.6M | 364.01M | 345.29M | 323.3M |
| Current Ratio | 2.84x | 2.35x | 2.83x | 2.74x | 2.70x | 1.91x | 1.52x | 1.20x | 1.08x | 2.47x | 2.54x | 1.50x | 1.61x | 2.30x | 2.79x | 3.00x | 3.31x | 2.63x | 2.54x | 3.06x |
| Quick Ratio | 1.83x | 1.37x | 1.68x | 1.35x | 1.10x | 0.74x | 0.54x | 0.44x | 0.38x | 0.79x | 0.89x | 0.54x | 0.60x | 0.87x | 1.09x | 1.68x | 1.73x | 1.08x | 1.04x | 1.32x |
| Cash Conversion Cycle | 68.58 | 76.81 | 76.62 | 84.26 | 106.83 | 123.22 | 128.35 | 115.7 | 123.35 | 116.8 | 131.56 | 136.57 | 137.17 | 86.46 | 146.59 | 147.46 | 181.72 | 135.13 | 220.64 | 189.85 |
| Total Non-Current Liabilities | 2.38B | 2.31B | 2.84B | 2.81B | 2.82B | 2.8B | 2.7B | 2.67B | 2.69B | 3.65B | 3.68B | 3.22B | 3.42B | 3.76B | 3.64B | 3.81B | 4.02B | 3.03B | 2.89B | 2.91B |
| Long-Term Debt | 740.93M | 757.12M | 1.24B | 1.24B | 1.24B | 1.23B | 1.23B | 1.23B | 1.23B | 2.22B | 2.37B | 1.94B | 2.16B | 2.56B | 2.45B | 2.57B | 2.68B | 1.59B | 1.4B | 1.4B |
| Capital Lease Obligations | 0 | 20.26M | 21.58M | 0 | 0 | 12.39M | 14.98M | 15.4M | 16.38M | 17.41M | 20.1M | 19.47M | 24.02M | 23.09M | 25.32M | 30.65M | 33.34M | 35.05M | 39.54M | 43.4M |
| Deferred Tax Liabilities | 604.18M | 536.82M | 570.54M | 552.93M | 551.13M | 548.67M | 454.68M | 435.14M | 458.13M | 447.4M | 392.41M | 320.24M | 311.41M | 301.36M | 354.26M | 358.78M | 418.16M | 436.21M | 476.2M | 485.4M |
| Other Non-Current Liabilities | 1.03B | 998.98M | 1.01B | 1.02B | 1.03B | 1.01B | 996.02M | 989.55M | 979.69M | 967.33M | 893.7M | 937.77M | 924.72M | 880.8M | 803.54M | 850.77M | 880.45M | 973.98M | 973.87M | 988M |
| Total Liabilities | 3.67B | 3.71B | 4.04B | 3.78B | 3.62B | 3.86B | 3.96B | 4.19B | 4.28B | 4.34B | 4.41B | 4.45B | 4.55B | 4.51B | 4.28B | 4.61B | 4.68B | 3.77B | 3.66B | 3.58B |
| Total Debt | 740.93M | 777.38M | 1.26B | 1.24B | 1.24B | 1.45B | 1.7B | 2.05B | 2.25B | 2.25B | 2.44B | 2.51B | 2.74B | 2.64B | 2.53B | 2.66B | 2.78B | 1.68B | 1.49B | 1.5B |
| Net Debt | -1.47B | -975.22M | -476.93M | 87.39M | 529.43M | 830.31M | 1.21B | 1.56B | 1.83B | 1.89B | 1.97B | 2.02B | 2.25B | 2.21B | 2.04B | 1.93B | 2.31B | 1.14B | 892.59M | 808.3M |
| Debt / Equity | 0.08x | 0.09x | 0.16x | 0.16x | 0.17x | 0.21x | 0.25x | 0.32x | 0.36x | 0.37x | 0.40x | 0.41x | 0.46x | 0.45x | 0.41x | 0.42x | 0.43x | 0.25x | 0.22x | 0.22x |
| Debt / EBITDA | 0.47x | 0.61x | 1.19x | 1.19x | 1.44x | 1.85x | 2.01x | 3.45x | 4.84x | 4.83x | 4.97x | 5.26x | 7.69x | 28.75x | 8.55x | 10.89x | 10.32x | 10.94x | 9.96x | 5.40x |
| Net Debt / EBITDA | -0.92x | -0.77x | -0.45x | 0.08x | 0.62x | 1.06x | 1.44x | 2.63x | 3.95x | 4.06x | 4.01x | 4.24x | 6.33x | 24.09x | 6.89x | 7.91x | 8.58x | 7.41x | 5.97x | 2.92x |
| Interest Coverage | 184.21x | 46.42x | 47.49x | 37.11x | 24.28x | 35.34x | 40.44x | 25.93x | 16.55x | 10.64x | 11.46x | 15.78x | 8.08x | -5.48x | 7.18x | 3.50x | 4.62x | 2.78x | -1.39x | 4.29x |
| Total Equity | 9.25B | 8.68B | 8.08B | 7.71B | 7.34B | 7B | 6.78B | 6.45B | 6.26B | 6.15B | 6.14B | 6.08B | 5.96B | 5.88B | 6.19B | 6.34B | 6.43B | 6.64B | 6.74B | 6.89B |
| Equity Growth % | 26.05% | 24.04% | 19.06% | 19.52% | 17.18% | 13.69% | 10.54% | 6.03% | 5.09% | 4.67% | -0.86% | -4.05% | -7.26% | -11.46% | -8.17% | -8% | -5.1% | -0.34% | 14.62% | 22.54% |
| Book Value per Share | 7.68 | 7.18 | 6.62 | 6.26 | 5.95 | 5.69 | 5.49 | 5.22 | 5.05 | 4.98 | 4.96 | 4.91 | 4.82 | 4.67 | 4.71 | 4.88 | 5.03 | 5.29 | 5.31 | 5.42 |
| Total Shareholders' Equity | 9.13B | 8.56B | 7.95B | 7.57B | 7.2B | 6.86B | 6.64B | 6.32B | 6.15B | 6.05B | 6.03B | 5.99B | 5.89B | 5.82B | 6.13B | 6.27B | 6.36B | 6.57B | 6.67B | 6.82B |
| Common Stock | 4.38B | 4.37B | 4.41B | 4.46B | 4.49B | 4.48B | 4.48B | 4.49B | 4.48B | 4.46B | 4.46B | 4.47B | 4.48B | 4.45B | 4.65B | 4.74B | 4.7B | 4.42B | 4.47B | 4.49B |
| Retained Earnings | -5.17B | -5.93B | -6.8B | -7.37B | -7.85B | -8.18B | -8.41B | -8.74B | -8.9B | -8.94B | -8.97B | -9.07B | -9.2B | -9.25B | -9.04B | -9.15B | -9.04B | -8.48B | -8.44B | -8.37B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 31.5M | -299.45K | -23.98M | -44.9M | -72.5M | -87.35M | -62.2M | -68.59M | -62.34M | -60.99M | -54.74M | -41.33M | -36.12M | -41.68M | -68.71M | -24.14M | 14.18M | -18.77M | -24.86M | 1.5M |
| Minority Interest | 123M | 117.89M | 125.88M | 134.6M | 136.41M | 138.92M | 146.67M | 127.28M | 117.38M | 101.48M | 104.1M | 92.24M | 68.85M | 58.47M | 55.9M | 70.71M | 69.98M | 68.61M | 68.1M | 67.8M |