GFIGold Fields Limited

$47.68

Is it safe?

Can GFI take a bad year?

Gold Fields Limited carries $1.64B of net debt at 0.56× EBITDA: a load its earnings can carry.

$1.64B

Net debt · as at FY2024 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
0.56×

Net debt / EBITDA · 0.23× a year ago · the load is going up

Interest cover
17.4×

Interest cover · operating profit covers the interest bill several times over

Annualised volatility
56%

Annualised volatility · roughly twice as jumpy as the market

Details
Total debtFY2024
$2.50B
Cash and short-term investments
$860M
Net debt
$1.64B
EBITDA, trailing twelve months
$2.90B
Operating profit, trailing twelve months
$2.28B
Debt / equity
0.48×
Total debt / EBITDA
0.86×
Annualised volatilitytwo years of daily moves
56%
Worst drawdown on file
−63%
Below its 52-week high
−20%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.