Gold Fields Balance Sheet Health
Financial Health criteria checks 5/6
Gold Fields has a total shareholder equity of $4.8B and total debt of $1.2B, which brings its debt-to-equity ratio to 26%. Its total assets and total liabilities are $8.4B and $3.6B respectively. Gold Fields's EBIT is $1.3B making its interest coverage ratio 428.8. It has cash and short-term investments of $527.7M.
Key information
26.0%
Debt to equity ratio
US$1.25b
Debt
| Interest coverage ratio | 428.8x |
| Cash | US$527.70m |
| Equity | US$4.80b |
| Total liabilities | US$3.56b |
| Total assets | US$8.37b |
Recent financial health updates
Gold Fields (JSE:GFI) Seems To Use Debt Quite Sensibly
Jun 26
Is Gold Fields (JSE:GFI) Using Too Much Debt?
Mar 23Recent updates
Returns On Capital Are A Standout For Gold Fields (JSE:GFI)
Aug 22Gold Fields (JSE:GFI) Is Increasing Its Dividend To R2.10
Aug 22Should You Be Adding Gold Fields (JSE:GFI) To Your Watchlist Today?
Aug 09Gold Fields (JSE:GFI) Seems To Use Debt Quite Sensibly
Jun 26Gold Fields (JSE:GFI) Could Become A Multi-Bagger
May 18With EPS Growth And More, Gold Fields (JSE:GFI) Is Interesting
May 04Is Gold Fields (JSE:GFI) Using Too Much Debt?
Mar 23How Does Gold Fields Limited (JSE:GFI) Fare As A Dividend Stock?
Mar 10Financial Position Analysis
Short Term Liabilities: GFI's short term assets ($1.5B) exceed its short term liabilities ($844.6M).
Long Term Liabilities: GFI's short term assets ($1.5B) do not cover its long term liabilities ($2.7B).
Debt to Equity History and Analysis
Debt Level: GFI's net debt to equity ratio (15%) is considered satisfactory.
Reducing Debt: GFI's debt to equity ratio has reduced from 72% to 26% over the past 5 years.
Debt Coverage: GFI's debt is well covered by operating cash flow (117.4%).
Interest Coverage: GFI's interest payments on its debt are well covered by EBIT (428.8x coverage).