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
DateValue
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