Kinross GoldMEX:KGCN -18.54%83 Current Ratio is 2.84 as of Mar. 2026, which is at its 10-year median of 2.84. GuruFocus rates MEX:KGCN with a GF Score™ of 83/100 and a GF Value™ of MXN282.64 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,638 Metals & Mining companies, Kinross Gold ranks better than 52.01% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Kinross Gold's current ratio for the quarter that ended in Mar. 2026 was 2.84.
Kinross Gold has a current ratio of 2.84. It generally indicates good short-term financial strength.
The historical rank and industry rank for Kinross Gold's Current Ratio or its related term are showing as below:
MEX:KGCN'
s Current Ratio Range Over the Past 10 Years
Min: 1.15 Med: 2.84 Max: 4.38
Current: 2.84
During the past 13 years, Kinross Gold's highest Current Ratio was 4.38. The lowest was 1.15. And the median was 2.84.
MEX:KGCN's Current Ratio is ranked better than 52.01% of 2638
companies
in the Metals & Mining industry
Industry Median: 2.64
vs MEX:KGCN: 2.84
Kinross Gold (MEX:KGCN) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Kinross Gold Current Ratio Related Terms
Kinross Gold Current Ratio Historical Data
* Premium members only.
The historical data trend for Kinross Gold's Current Ratio 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.
MEX:KGCN vs NEM, AU, CDE: Current Ratio Comparison
For the Gold subindustry, Kinross Gold's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Kinross Gold Current Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Kinross Gold's Current Ratio distribution charts can be found below:
* The bar in red indicates where Kinross Gold's Current Ratio falls into.
* 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.
Kinross Gold (MEX:KGCN) has a Current Ratio of 2.84 as of Mar. 2026. This is near median its historical median of 2.84. Over the past decade, Kinross Gold's Current Ratio has ranged from 1.15 to 4.38. According to the industry distribution chart, Kinross Gold ranks #1266 out of 2638 companies in the Metals & Mining industry, placing it in the top 48%.
Is Kinross Gold's Current Ratio too high?
Kinross Gold's current Current Ratio of 2.84 is near median its 10-year median of 2.84. Over the past 10 years, this metric has ranged from a low of 1.15 to a high of 4.38. The Metals & Mining industry median Current Ratio is 2.64. Kinross Gold's value of 2.84 is 7.6% above this industry median. Based on the distribution chart, Kinross Gold ranks #1266 out of 2638 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Kinross Gold has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kinross Gold's Current Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Kinross Gold ranks #1266 out of 2638 companies for Current Ratio. This puts Kinross Gold in the upper half of its industry. The industry median Current Ratio is 2.64. Kinross Gold's value of 2.84 is 7.6% above this benchmark. Historically, Kinross Gold's own Current Ratio has ranged from 1.15 to 4.38 over the past decade. While the company's 10-year median is 2.84 vs. the industry median of 2.64, Kinross Gold has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Metals & Mining company?
The median Current Ratio among Metals & Mining companies is 2.64, based on 2,638 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kinross Gold's current Current Ratio of 2.84 is 7.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Metals & Mining industry, the median Current Ratio is 2.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kinross Gold's current Current Ratio is 2.84, which is near median its own 10-year median of 2.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kinross Gold stock overvalued right now?
Based on GuruFocus' analysis, Kinross Gold (MEX:KGCN) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN282.64, compared to a current price of MXN413.00 — trading 46.1% above its estimated fair value. The current Current Ratio is 2.84, which is near median its 10-year median of 2.84 and 7.6% above the Metals & Mining industry median of 2.64. Kinross Gold's overall GF Score™ is 83/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Kinross Gold (MEX:KGCN), the current Current Ratio is 2.84 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Kinross Gold (MEX:KGCN) Overvalued in 2026?
Based on GuruFocus' analysis, Kinross Gold stock appears to be overvalued.
The current stock price of MXN413.00 is trading 46.1% above its estimated GF Value™ of MXN282.64.
GuruFocus considers Kinross Gold to be Significantly Overvalued.
Key valuation signals for MEX:KGCN:
Current Ratio: 2.84 (near median its 10-year median of 2.84)
GF Value™: MXN282.64 vs. price of MXN413.00 (46.1% above fair value)
Industry Position: 7.6% above the Metals & Mining median (#1266 of 2638)
No single metric tells the full story. See the MEX:KGCN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kinross Gold is a Canada-based gold producer, producing roughly 2 million gold equivalent ounces in 2025. The company had about a decade of gold reserves at the end of 2025. 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. Kinross has historically used acquisitions to fuel expansion into new regions and production growth. In 2022, Kinross purchased the Great Bear project in Canada. If developed as we think likely, it could produce an average of more than 500,000 ounces of gold per year for at least a decade, with its unit cash costs likely in the first quartile of the industry cost curve. Though Great Bear's production is likely to be replacement ounces for falling volumes at other mines.
83GF Score
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