Kinross Gold (KGC) Operating Leases (2019 - 2024)
Kinross Gold (KGC) reported Operating Leases of $15.0 million for Q3 2024, down 25.74% year-over-year from $20.2 million in Q4 2023, and down 2.6% quarter-over-quarter from $15.4 million in Q2 2024.
Kinross Gold (KGC) Operating Leases (2019 - 2024) Analysis & Trends
Kinross Gold (KGC) has 6 years of Operating Leases data on file, last reported at $15.0 million in Q3 2024.
- Operating Leases for Q3 2024 came in at $15.0 million, down 25.74% year-over-year; the trailing twelve-month figure through Sep 2024 was $15.0 million (down 25.74% YoY), and the FY2023 annual result was $17.5 million, down 24.24% from the prior year.
- Operating Leases slipped to $15.0 million in Q3 2024 per KGC's latest filing, from $15.4 million in the prior quarter.
- Over five years, Operating Leases peaked at $46.3 million in Q4 2020 and troughed at $15.0 million in Q3 2024.
- A 5-year average of $28.6 million and a median of $27.2 million in 2020 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2021 and 2023: Operating Leases jumped 37.02% in 2021, then slumped 36.27% in 2023.
- A 5-year view of Operating Leases shows it stood at $46.3 million in 2020, then retreated by 24.19% to $35.1 million in 2021, then sank by 34.19% to $23.1 million in 2022, then retreated by 24.24% to $17.5 million in 2023, then retreated by 14.29% to $15.0 million in 2024.
- Business Quant data shows KGC's Operating Leases at $15.0 million in Q3 2024, $15.4 million in Q2 2024, and $16.4 million in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Seabridge Gold | 2,186.27 Bn | 2,186.17 Bn | - |
| 2 | Barrick Mining | 996.87 Bn | 999.60 Bn | 3.12 Bn |
| 3 | Wheaton Precious Metals | 410.57 Bn | 409.42 Bn | 699.37 Mn |
| 4 | Alamos Gold | 136.28 Bn | 135.62 Bn | 442.20 Mn |
| 5 | Gold Fields | 128.61 Bn | 126.83 Bn | - |
| 6 | Kinross Gold | 103.07 Bn | 100.89 Bn | 1.44 Bn |
| 7 | Newmont | 100.59 Bn | 91.98 Bn | 7.29 Bn |
| 8 | Equinox Gold | 47.64 Bn | 47.14 Bn | - |
| 9 | AngloGold Ashanti | 44.52 Bn | 41.55 Bn | 1.94 Bn |
| 10 | Aura Minerals | 44.23 Bn | 43.94 Bn | 19.58 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 15.00 Mn |
| Jun 30, 2024 | 15.40 Mn |
| Mar 31, 2024 | 16.40 Mn |
| Dec 31, 2023 | 17.50 Mn |
| Sep 30, 2023 | 20.20 Mn |
| Jun 30, 2023 | 19.50 Mn |
| Mar 31, 2023 | 24.00 Mn |
| Dec 31, 2022 | 23.10 Mn |
| Sep 30, 2022 | 25.50 Mn |
| Jun 30, 2022 | 30.60 Mn |
| Mar 31, 2022 | 33.40 Mn |
| Dec 31, 2021 | 35.10 Mn |
| Sep 30, 2021 | 39.60 Mn |
| Jun 30, 2021 | 43.40 Mn |
| Mar 31, 2021 | 46.10 Mn |
| Dec 31, 2020 | 46.30 Mn |
| Sep 30, 2020 | 28.90 Mn |
| Mar 31, 2020 | 35.60 Mn |
| Dec 31, 2019 | 38.90 Mn |
| Sep 30, 2019 | 37.20 Mn |