Kinross Gold (Kinross Gold) Accumulated Depreciation

: $-12,521 Mil (As of Dec. 2023)

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Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Kinross Gold's quarterly accumulated depreciation increased from Jun. 2023 ($-11,924 Mil) to Sep. 2023 ($-12,216 Mil) and increased from Sep. 2023 ($-12,216 Mil) to Dec. 2023 ($-12,521 Mil).

Kinross Gold's annual accumulated depreciation declined from Dec. 2021 ($-13,985 Mil) to Dec. 2022 ($-11,399 Mil) but then increased from Dec. 2022 ($-11,399 Mil) to Dec. 2023 ($-12,521 Mil).

Kinross Gold Accumulated Depreciation Historical Data

The historical data trend for Kinross Gold's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Kinross Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-12,929.00

-13,138.00

-13,984.70

-11,399.30

-12,520.80

Kinross Gold Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accumulated Depreciation	Get a 7-Day Free Trial															-11,399.30	-	-11,924.30	-12,216.00	-12,520.80

Kinross Gold Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Kinross Gold Accumulated Depreciation Related Terms

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Kinross Gold (Kinross Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kinross Gold Corp (NYSE:KGC) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

0R2D:UK KIN2:Germany KIN2:Germany KIN2:Germany K:Canada KGC:Argentina

Address

25 York Street, 17th Floor, Toronto, ON, CAN, M5J 2V5

Website

https://www.kinross.com

Kinross Gold is a Canada-based gold producer, producing roughly 2 million gold equivalent ounces in 2022. The company had about a decade of gold reserves at the end of 2022. It operates mines in the Americas and West Africa after selling its low-cost Russian operations in 2022 in response to the invasion of Ukraine. The company has historically used acquisitions to fuel expansion into new regions and production growth. In 2022, Kinross purchased the Great Bear project in Canada, which, if developed, could produce an average of more than 500,000 ounces of gold per year for at least a decade.