Gemfields Group Balance Sheet Health
Financial Health criteria checks 4/6
Gemfields Group has a total shareholder equity of $518.8M and total debt of $66.7M, which brings its debt-to-equity ratio to 12.9%. Its total assets and total liabilities are $719.6M and $200.9M respectively. Gemfields Group's EBIT is $28.8M making its interest coverage ratio 12. It has cash and short-term investments of $22.3M.
Key information
12.9%
Debt to equity ratio
US$66.69m
Debt
| Interest coverage ratio | 12x |
| Cash | US$22.30m |
| Equity | US$518.76m |
| Total liabilities | US$200.87m |
| Total assets | US$719.64m |
Recent financial health updates
Recent updates
Gemfields Group Limited (JSE:GML) Could Be Riskier Than It Looks
Nov 15
Gemfields Group's (JSE:GML) Returns On Capital Are Heading Higher
Mar 06We Think You Can Look Beyond Gemfields Group's (JSE:GML) Lackluster Earnings
Sep 30Does Gemfields Group (JSE:GML) Have A Healthy Balance Sheet?
Nov 09Calculating The Fair Value Of Gemfields Group Limited (JSE:GML)
Aug 17Financial Position Analysis
Short Term Liabilities: GML's short term assets ($250.7M) exceed its short term liabilities ($119.0M).
Long Term Liabilities: GML's short term assets ($250.7M) exceed its long term liabilities ($81.9M).
Debt to Equity History and Analysis
Debt Level: GML's net debt to equity ratio (8.6%) is considered satisfactory.
Reducing Debt: GML's debt to equity ratio has increased from 7.1% to 12.9% over the past 5 years.
Debt Coverage: GML's debt is not well covered by operating cash flow (8.2%).
Interest Coverage: GML's interest payments on its debt are well covered by EBIT (12x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:33 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Gemfields Group Limited is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Alison Turner | Edison Investment Research |
| Benjamin Davis | Panmure Liberum |
| Duncan Hay | Panmure Liberum |