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
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 10Trade Alert: The Executive Vice President of Strategy Of Gold Fields Limited (JSE:GFI), Brett Mattison, Has Sold Some Shares Recently
Feb 27Gold Fields Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Feb 20
Are Gold Fields Limited's (JSE:GFI) Mixed Financials Driving The Negative Sentiment?
Feb 16Are Gold Fields' (JSE:GFI) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Feb 04We Like These Underlying Trends At Gold Fields (JSE:GFI)
Jan 23Here's Why I Think Gold Fields (JSE:GFI) Might Deserve Your Attention Today
Jan 11Financial 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).