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Gold Fields stock: balance sheet and debt

GFI
$35.78Closing price of 12 Nov 2026MEQIRI Score 76 out of 100

Gold Fields has a debt to equity ratio of 0.37 and an interest coverage of 46.6x.

Daily figure as of 13 Nov 2026

Debt / Equity
0.37
Interest coverage
46.6x
Current ratio
1.75
Cash & equivalents
$1.78B
Total assets
$15.23B
Equity ratio
57%
Goodwill
not reported separately
Net debt
$1.44B

Total assets and equity ratio

How large the balance sheet of Gold Fields Limited is, how much of it is equity and how much is goodwill from acquisitions.

Equity ratio

Figures as a table
YearTotal assetsGoodwill and intangible assetsof which goodwillEquity ratioNet debt
2006$8.03B$1.22B$1.22B61.3%$1.12B
2007$8.02B$1.09B$1.09B62.0%$1.08B
2008$8.09B$553.2M$553.2M68.9%$755.8M
2009$9.18B$1.15B$1.15B66.9%$620.4M
2011$10.08B$1.08B$1.08B58.1%$1.16B
2012$10.65B$1.02B$1.02B56.7%$1.71B
2013$7.26B$845.5M$845.5M56.5%$1.74B
2014$6.75B$756.3M$756.3M54.7%$1.45B
2015$5.51B$295.3M$295.3M47.8%$1.38B
2016$6.33B$317.8M$317.8M52.3%$1.17B
2017$6.62B$76.6M$76.6M53.3%$1.3B
2018$6.1Bnot reported separatelynot reported separately46.3%$1.7B
2019$6.56Bnot reported separatelynot reported separately46.3%$1.66B
2020$7.47B$112.7M$112.7M51.2%$1.07B
2021$7.35B$27.3Mnot split out58.3%$968.9M
2022$7.34Bnot reported separatelynot reported separately60.9%$704.1M
2023$8.23Bnot reported separatelynot reported separately56.2%$1.02B
2024$10.14Bnot reported separatelynot reported separately52.9%$2.09B
2025$15.23Bnot reported separatelynot reported separately57.0%$1.44B

The equity ratio divides total equity, including non-controlling interests, by total assets. Net debt is debt minus cash and short-term investments; a negative figure means cash exceeds debt. In years without separate goodwill, the table shows the sum of goodwill and intangible assets, because the data do not list goodwill separately there.

Equity and debt

What the company owns and owes

  • Cash & equivalents
  • Equity
  • Debt
Figures as a table
YearCash & equivalentsEquityDebtDebt / Equity
2006$326.4M$4.79B$1.44B0.29
2007$260.6M$4.82B$1.34B0.27
2008$347.9M$5.29B$1.1B0.2
2009$500.7M$5.8B$1.12B0.18
2011$744M$5.78B$1.91B0.33
2012$655.6M$5.91B$2.36B0.39
2013$325M$3.99B$2.06B0.5
2014$458M$3.59B$1.91B0.52
2015$440M$2.55B$1.82B0.69
2016$526.7M$3.19B$1.69B0.51
2017$479M$3.4B$1.78B0.5
2018$399.7M$2.71B$2.1B0.74
2019$515M$2.91B$2.18B0.72
2020$886.8M$3.66B$1.96B0.51
2021$524.7M$4.13B$1.49B0.35
2022$769.4M$4.34B$1.47B0.33
2023$648.7M$4.48B$1.67B0.36
2024$860.2M$5.2B$2.95B0.55
2025$1.78B$8.43B$3.22B0.37

Debt to equity divides debt by total equity, including non-controlling interests, as S&P calculates it. The equity column shows the part that belongs to shareholders.

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2025, period end 31 Dec 2025
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Strong, published since 7 Nov 2026 (in the score history since 28 Mar 2025)
  • Valuation signal Undervalued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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