• Kinross Gold average return on tangible equity for 2023 was 3.59, a 143.46% increase from 2022.
• Kinross Gold average return on tangible equity for 2022 was -8.26, a 154.67% decline from 2021.
• Kinross Gold average return on tangible equity for 2021 was 15.11, a 21.59% 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.