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
Gold Fields: Shares Surge Amid Record-High Gold Prices, Still A Value
Apr 09Gold Fields: Nearing The Finish Line At Salares Norte
Mar 18Gold Fields Poised To Grow Its 3% Dividend With Expansion And Optimization
Jan 05Gold Fields: A Tough Q3 With Labor Issues Persisting
Dec 01Gold Fields: Earnings Upside Expected, Shares May Test The High Teens Soon
Nov 08Gold Fields: Solid Gold Miner, Excellent Balance Sheet, And A Great Price
Oct 01Gold Fields: Inflationary Pressures Weigh On Margins
Sep 03Gold Fields: The Salares Norte On Track For First Gold In Q4 2023
Aug 24Gold Fields: Unsuccessful Reserve Replacement In 2022
Jun 19Gold Fields reports mixed FY earnings; issues FY23 and long-term outlook
Feb 23Gold Fields On Track To Deliver Into FY2022 Guidance
Jan 20Gold Fields: Inflationary Pressures Hurt Free Cash Flow
Sep 20Gold Fields goes ex-dividend tomorrow
Sep 14Gold Fields reports Q2 results
Aug 25Gold Fields: Shares Finding A Floor Ahead Of First-Half Earnings
Aug 15Gold Fields: The Market Did Not Like The Merger With Yamana Gold
Jun 02Gold Fields: The Salares Norte Is A Strong Incentive
Mar 23Gold Fields: One Of The Strongest Charts In Gold Mining
Feb 14Gold Fields: On Track To Meet Guidance
Dec 09Gold Fields Ltd.: Divergence Equals Opportunity
Aug 29Gold Fields: Another Solid South African Gold Miner
Jun 29Gold Fields: Back On The Sale Rack
Jun 22Gold Fields Limited (GFI) Presents At 16th Annual Industrial Growth Virtual Conference - Slideshow
May 10Gold Fields reports Q1 results
May 06Gold Fields Ltd.: The Salares Norte Project Is Advancing Well
Apr 27Gold Fields: A Deep Discount For An Organic Growth Story
Dec 17Gold Fields ahead of plan with Chile project; Q3 total output gained 7%
Nov 12Gold Fields: Greenlighted Salares Norte Is A Game-Changer
Nov 09Financial Position Analysis
Short Term Liabilities: GFI's short term assets ($1.9B) exceed its short term liabilities ($1.5B).
Long Term Liabilities: GFI's short term assets ($1.9B) do not cover its long term liabilities ($2.1B).
Debt to Equity History and Analysis
Debt Level: GFI's net debt to equity ratio (12.7%) is considered satisfactory.
Reducing Debt: GFI's debt to equity ratio has reduced from 70.4% to 26.8% over the past 5 years.
Debt Coverage: GFI's debt is well covered by operating cash flow (126.3%).
Interest Coverage: GFI's interest payments on its debt are well covered by EBIT (92.9x coverage).