Kinross Minority Interest vs Gross Profit Analysis

K Stock  CAD 39.33  1.69  4.49%   
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 Minority Interest and its Gross Profit 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 population.
To learn how to invest in Kinross Stock, please use our How to Invest in Kinross Gold guide.

Minority Interest vs Gross Profit

Minority Interest vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kinross Gold Corp Minority Interest account and Gross Profit. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Kinross Gold's Minority Interest and Gross Profit is -0.7. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Gross Profit 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 Minority Interest and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of Kinross Gold Corp are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Minority Interest i.e., Kinross Gold's Minority Interest and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.7
Relationship DirectionNegative 
Relationship StrengthWeak

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Kinross Gold Corp whose combined shares represent less than 50% of the total outstanding shares issued by Kinross Gold have a minority interest in Kinross Gold.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Kinross Gold Corp 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. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
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 population.
To learn how to invest in Kinross Stock, please use our How to Invest in Kinross Gold guide.At this time, Kinross Gold's Tax Provision is very stable compared to the past year. As of the 12th of December 2025, Sales General And Administrative To Revenue is likely to grow to 0.04, while Selling General Administrative is likely to drop about 102.2 M.

Kinross Gold fundamental ratios Correlations

0.630.720.670.620.490.680.410.51-0.730.30.470.610.570.820.280.340.00.810.80.490.320.810.420.570.18
0.630.70.710.660.970.950.450.55-0.030.250.360.990.060.80.730.490.650.770.730.620.10.830.280.86-0.06
0.720.70.640.490.530.740.330.86-0.520.260.390.660.190.680.430.530.270.950.850.510.070.940.030.710.05
0.670.710.640.620.610.710.410.41-0.36-0.290.520.680.140.70.510.320.270.710.750.630.220.780.220.710.33
0.620.660.490.620.610.680.320.32-0.150.050.380.630.290.550.570.10.410.450.50.360.460.610.460.620.05
0.490.970.530.610.610.890.410.420.180.230.270.97-0.020.720.750.430.740.610.570.560.080.690.290.8-0.11
0.680.950.740.710.680.890.570.66-0.130.270.250.970.250.830.530.310.490.80.770.720.320.870.420.74-0.13
0.410.450.330.410.320.410.570.3-0.13-0.130.10.50.360.38-0.04-0.15-0.110.430.470.850.640.440.660.2-0.42
0.510.550.860.410.320.420.660.3-0.320.28-0.130.560.280.580.150.290.30.770.630.520.170.740.150.4-0.19
-0.73-0.03-0.52-0.36-0.150.18-0.13-0.13-0.32-0.17-0.440.01-0.49-0.40.17-0.240.52-0.57-0.6-0.14-0.11-0.51-0.07-0.16-0.32
0.30.250.26-0.290.050.230.27-0.130.28-0.17-0.010.270.220.360.050.340.080.290.23-0.17-0.150.26-0.040.15-0.18
0.470.360.390.520.380.270.250.1-0.13-0.44-0.010.27-0.140.270.580.510.00.460.520.06-0.160.5-0.210.650.43
0.610.990.660.680.630.970.970.50.560.010.270.270.120.80.650.410.620.740.690.650.180.80.340.79-0.12
0.570.060.190.140.29-0.020.250.360.28-0.490.22-0.140.120.43-0.39-0.45-0.390.240.240.310.690.220.68-0.180.1
0.820.80.680.70.550.720.830.380.58-0.40.360.270.80.430.380.350.270.80.840.590.170.810.40.660.09
0.280.730.430.510.570.750.53-0.040.150.170.050.580.65-0.390.380.640.810.440.410.13-0.310.53-0.130.910.24
0.340.490.530.320.10.430.31-0.150.29-0.240.340.510.41-0.450.350.640.430.590.50.0-0.660.55-0.450.720.19
0.00.650.270.270.410.740.49-0.110.30.520.080.00.62-0.390.270.810.430.230.150.13-0.280.31-0.040.66-0.01
0.810.770.950.710.450.610.80.430.77-0.570.290.460.740.240.80.440.590.230.930.60.050.980.130.750.08
0.80.730.850.750.50.570.770.470.63-0.60.230.520.690.240.840.410.50.150.930.620.070.930.220.750.08
0.490.620.510.630.360.560.720.850.52-0.14-0.170.060.650.310.590.130.00.130.60.620.540.60.620.39-0.19
0.320.10.070.220.460.080.320.640.17-0.11-0.15-0.160.180.690.17-0.31-0.66-0.280.050.070.540.120.78-0.2-0.23
0.810.830.940.780.610.690.870.440.74-0.510.260.50.80.220.810.530.550.310.980.930.60.120.170.810.09
0.420.280.030.220.460.290.420.660.15-0.07-0.04-0.210.340.680.4-0.13-0.45-0.040.130.220.620.780.170.0-0.24
0.570.860.710.710.620.80.740.20.4-0.160.150.650.79-0.180.660.910.720.660.750.750.39-0.20.810.00.2
0.18-0.060.050.330.05-0.11-0.13-0.42-0.19-0.32-0.180.43-0.120.10.090.240.19-0.010.080.08-0.19-0.230.09-0.240.2
Click cells to compare fundamentals

Kinross Gold Account Relationship Matchups

Kinross Gold fundamental ratios Accounts

202020212022202320242025 (projected)
Common Stock Shares Outstanding1.3B1.3B1.3B1.2B1.2B1.3B
Total Assets10.9B10.4B10.4B10.5B10.9B6.8B
Short Long Term Debt Total2.0B1.7B2.6B2.2B1.5B1.1B
Other Current Liab616.7M498.1M482.2M466.4M534.4M303.4M
Total Current Liabilities1.3B740.4M751.2M682.0M1.1B1.1B
Total Stockholder Equity6.6B6.6B5.8B6.1B6.9B4.4B
Property Plant And Equipment Net7.7B7.6B7.7B7.9B8.0B4.3B
Net Debt774M1.1B2.2B1.9B830.3M614.7M
Retained Earnings(8.6B)(8.5B)(9.2B)(8.9B)(8.2B)(7.8B)
Cash1.2B542.2M428.0M360.3M621.3M465.8M
Non Current Assets Total8.5B8.5B8.7B8.8B8.8B5.4B
Non Currrent Assets Other377.6M439.4M630.1M806.2M723.5M759.6M
Other Assets539.9M597.4M535.7M641.2M629.2M487.9M
Cash And Short Term Investments1.2B542.2M428.0M360.3M621.3M614.2M
Net Receivables84.6M89.6M99.4M47.9M45.5M43.2M
Short Term Investments28.9M16.6M6.1M14.5M16.7M15.8M
Liabilities And Stockholders Equity10.9B10.4B10.4B10.5B10.9B6.8B
Non Current Liabilities Total2.9B3.0B3.8B3.7B2.8B1.9B
Inventory1.1B1.1B1.1B1.1B1.2B633.9M
Other Current Assets67.6M164.8M126.9M130.4M116.2M60.2M
Other Stockholder Equity10.7B10.6B10.7B10.6B10.6B11.2B
Total Liab4.3B3.8B4.5B4.3B3.9B2.4B
Property Plant And Equipment Gross7.7B21.6B7.7B20.5B21.7B22.8B
Total Current Assets2.4B1.9B1.7B1.7B2.0B1.4B
Accumulated Other Comprehensive Income(23.7M)(18.8M)(41.7M)(61.0M)(87.3M)(83.0M)
Short Term Debt528.1M59.6M60.5M10.0M204.5M205.4M
Common Stock4.5B4.4B4.4B4.5B4.5B4.3B
Other Liab1.3B1.5B1.4B1.2B1.1B1.1B
Net Tangible Assets5.2B6.4B6.4B5.8B6.7B5.6B
Long Term Debt1.4B1.6B2.6B2.2B1.2B1.5B
Deferred Long Term Liab32.5M6M7.3M6.8M7.8M11.3M
Long Term Investments131.3M105.3M116.9M61.2M65.6M62.3M
Property Plant Equipment7.7B7.6B7.7B8.0B8.0B7.1B
Long Term Debt Total1.5B1.6B2.6B2.3B1.2B2.0B

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

  0.8AG First Majestic SilverPairCorr
  0.76ORE Orezone Gold CorpPairCorr
  0.72FDR Flinders ResourcesPairCorr

Moving against Kinross Stock

  0.62AML Argus Metals CorpPairCorr
  0.57QBTC Bitcoin Fund UnitPairCorr
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.