Quick Ratio

With a quick ratio of 1.79x, the company holds $1.79 in cash and other highly liquid assets for every $1 of short-term debt, indicating strong near-term financial flexibility.

This compares to a sector median of 0.72x, placing KGC in the 87th percentile among its peers—well above average liquidity. The year-over-year change is not available, and the quarter-over-quarter change shows a decline of -0.6%, from 1.80x to the current 1.79x. Although the slight drop is minor, the ratio remains at a high absolute level, implying limited liquidity risk for investors. The high relative level combined with a flat-to-declining trend suggests a stable but not improving liquidity position. This strength in liquidity supports the overall NEUTRAL verdict: it is a positive attribute but does not alone justify a more bullish stance given the lack of direction.

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