Gold Fields Balance Sheet Health
Financial Health criteria checks 5/6
Gold Fields has a total shareholder equity of $4.6B and total debt of $1.2B, which brings its debt-to-equity ratio to 26.8%. Its total assets and total liabilities are $8.2B and $3.6B respectively. Gold Fields's EBIT is $1.4B making its interest coverage ratio 92.9. It has cash and short-term investments of $648.7M.
Key information
26.8%
Debt to equity ratio
US$1.24b
Debt
Interest coverage ratio | 92.9x |
Cash | US$648.70m |
Equity | US$4.62b |
Total liabilities | US$3.61b |
Total assets | US$8.23b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EDGA's short term assets ($1.9B) exceed its short term liabilities ($1.5B).
Long Term Liabilities: EDGA's short term assets ($1.9B) do not cover its long term liabilities ($2.1B).
Debt to Equity History and Analysis
Debt Level: EDGA's net debt to equity ratio (12.7%) is considered satisfactory.
Reducing Debt: EDGA's debt to equity ratio has reduced from 70.4% to 26.8% over the past 5 years.
Debt Coverage: EDGA's debt is well covered by operating cash flow (126.3%).
Interest Coverage: EDGA's interest payments on its debt are well covered by EBIT (92.9x coverage).