• Kinross Gold average return on tangible equity for 2023 was 4.98, a 159.64% increase from 2022.
• Kinross Gold average return on tangible equity for 2022 was -8.35, a 174.49% decline from 2021.
• Kinross Gold average return on tangible equity for 2021 was 11.21, a 46.44% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.