Gold Capital Stock vs Net Tangible Assets Analysis

GFI Stock  USD 15.24  0.17  1.13%   
Gold Fields financial indicator trend analysis is much more than just examining Gold Fields latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gold Fields is a good investment. Please check the relationship between Gold Fields Capital Stock and its Net Tangible Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gold Fields Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Capital Stock vs Net Tangible Assets

Capital Stock vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gold Fields Capital Stock account and Net Tangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Gold Fields' Capital Stock and Net Tangible Assets is 0.76. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Gold Fields Ltd, assuming nothing else is changed. The correlation between historical values of Gold Fields' Capital Stock and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Gold Fields Ltd are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Capital Stock i.e., Gold Fields' Capital Stock and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Gold Fields' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gold Fields current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gold Fields Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
The Gold Fields' current Enterprise Value is estimated to increase to about 14.6 B, while Selling General Administrative is projected to decrease to under 39.5 M.
 2021 2022 2023 2024 (projected)
Total Revenue4.2B4.3B4.5B2.3B
Interest Expense100.9M72.5M62.9M115.2M

Gold Fields fundamental ratios Correlations

0.79-0.150.490.970.990.60.210.650.990.350.650.830.690.880.310.450.950.690.140.050.570.010.20.270.52
0.790.090.250.640.80.92-0.040.350.820.260.350.460.770.940.10.470.920.330.050.40.28-0.030.310.310.82
-0.150.09-0.11-0.23-0.150.180.4-0.14-0.160.37-0.14-0.550.240.050.36-0.32-0.04-0.02-0.120.23-0.80.340.350.140.08
0.490.25-0.110.490.480.240.60.40.470.380.40.450.290.210.6-0.120.440.720.890.070.510.450.220.18-0.09
0.970.64-0.230.490.960.460.260.640.960.320.640.90.570.780.350.420.850.740.12-0.110.61-0.010.080.20.41
0.990.8-0.150.480.960.640.170.590.990.30.590.830.660.90.250.460.950.640.130.130.61-0.040.180.270.57
0.60.920.180.240.460.64-0.060.00.670.160.00.310.60.810.10.360.740.180.120.420.18-0.060.170.160.87
0.21-0.040.40.60.260.17-0.060.370.140.760.370.010.420.030.95-0.50.130.740.44-0.07-0.080.780.530.41-0.23
0.650.35-0.140.40.640.590.00.370.570.381.00.520.540.490.340.270.60.740.1-0.070.380.290.410.490.03
0.990.82-0.160.470.960.990.670.140.570.280.570.840.650.90.240.490.950.630.130.080.59-0.060.140.230.59
0.350.260.370.380.320.30.160.760.380.280.380.010.740.260.77-0.490.360.520.270.13-0.110.660.760.48-0.03
0.650.35-0.140.40.640.590.00.371.00.570.380.520.540.490.350.270.60.740.1-0.070.380.290.410.490.03
0.830.46-0.550.450.90.830.310.010.520.840.010.520.240.60.090.50.680.590.15-0.230.83-0.23-0.22-0.040.31
0.690.770.240.290.570.660.60.420.540.650.740.540.240.760.480.110.780.510.070.350.110.350.770.580.52
0.880.940.050.210.780.90.810.030.490.90.260.490.60.760.140.520.950.45-0.110.260.35-0.050.290.340.8
0.310.10.360.60.350.250.10.950.340.240.770.350.090.480.14-0.420.220.790.43-0.21-0.070.780.480.37-0.08
0.450.47-0.32-0.120.420.460.36-0.50.270.49-0.490.270.50.110.52-0.420.430.06-0.31-0.030.41-0.7-0.3-0.270.62
0.950.92-0.040.440.850.950.740.130.60.950.360.60.680.780.950.220.430.550.140.280.480.040.350.360.63
0.690.33-0.020.720.740.640.180.740.740.630.520.740.590.510.450.790.060.550.4-0.240.40.510.30.390.09
0.140.05-0.120.890.120.130.120.440.10.130.270.10.150.07-0.110.43-0.310.140.40.150.350.430.150.07-0.27
0.050.40.230.07-0.110.130.42-0.07-0.070.080.13-0.07-0.230.350.26-0.21-0.030.28-0.240.150.01-0.010.40.40.32
0.570.28-0.80.510.610.610.18-0.080.380.59-0.110.380.830.110.35-0.070.410.480.40.350.01-0.24-0.150.00.19
0.01-0.030.340.45-0.01-0.04-0.060.780.29-0.060.660.29-0.230.35-0.050.78-0.70.040.510.43-0.01-0.240.60.64-0.31
0.20.310.350.220.080.180.170.530.410.140.760.41-0.220.770.290.48-0.30.350.30.150.4-0.150.60.60.05
0.270.310.140.180.20.270.160.410.490.230.480.49-0.040.580.340.37-0.270.360.390.070.40.00.640.60.09
0.520.820.08-0.090.410.570.87-0.230.030.59-0.030.030.310.520.8-0.080.620.630.09-0.270.320.19-0.310.050.09
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Gold Fields Account Relationship Matchups

Gold Fields fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.6B7.5B7.3B7.3B8.2B4.7B
Short Long Term Debt Total2.2B2.0B1.5B1.5B1.7B1.1B
Other Current Liab637.7M514.1M481.1M534.6M588.5M617.9M
Total Current Liabilities1.4B916.5M822.4M785.4M1.5B1.6B
Total Stockholder Equity2.9B3.7B4.1B4.3B4.5B2.7B
Property Plant And Equipment Net4.7B4.8B5.1B4.8B5.1B3.3B
Net Debt1.7B1.1B968.9M704.1M1.0B1.1B
Retained Earnings1.2B1.8B2.2B2.6B3.0B3.1B
Cash515M886.8M524.7M769.4M648.7M386.9M
Non Current Assets Total5.5B5.7B5.9B5.5B6.3B3.9B
Non Currrent Assets Other210.5M141.5M243.3M327.5M327.6M166.2M
Cash And Short Term Investments515M886.8M524.7M769.4M648.7M388.4M
Net Receivables93.4M133.7M155.5M207.7M198.5M130.5M
Common Stock Shares Outstanding839.2M889.8M893.5M893.9M895.0M565.0M
Liabilities And Stockholders Equity6.6B7.5B7.3B7.3B8.2B4.7B
Non Current Liabilities Total2.3B2.7B2.4B2.2B2.1B1.3B
Inventory417.8M521.6M627.6M759M827.9M869.3M
Other Stockholder Equity131.7M5.2B152.3M131.9M(1.0)(0.95)
Total Liab3.7B3.6B3.2B3.0B3.6B1.9B
Total Current Assets1.1B1.8B1.4B1.8B1.7B1.8B
Short Term Debt730.1M147.7M60.4M64.1M659.8M692.8M
Other Current Assets554.9M217.8M113.4M66.3M59.3M56.3M
Accounts Payable138.1M133.4M165M133.1M161.8M190.0M
Accumulated Other Comprehensive Income(2.0B)(2.0B)(2.1B)(2.3B)(2.4B)(2.2B)
Other Liab836.2M919.9M963.1M803.8M924.4M466.9M
Other Assets487.7M573.5M531.2M499.6M153.3M221.5M
Long Term Debt1.2B1.4B1.1B1.1B653.4M1.1B
Property Plant Equipment4.7B4.8B5.1B4.8B5.5B4.8B
Current Deferred Revenue(138.1M)574.1M(136.6M)95.7M86.1M104.5M
Short Term Investments55.5M60.8M100K98.8M88.9M48.0M
Property Plant And Equipment Gross4.7B4.8B12.2B12.8B13.8B7.7B
Net Tangible Assets2.8B3.7B4.0B4.2B4.8B3.5B
Long Term Investments396.6M447.6M317.4M197M764.4M385.3M
Short Long Term Debt193.6M86.3M684.9M583.1M524.8M391.8M
Long Term Debt Total1.4B1.8B1.4B1.4B1.3B1.3B

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When determining whether Gold Fields offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gold Fields' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gold Fields Ltd Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gold Fields Ltd Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gold Fields Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gold Fields. If investors know Gold will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gold Fields listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.15)
Dividend Share
0.399
Earnings Share
0.71
Revenue Per Share
2.437
Quarterly Revenue Growth
(0.06)
The market value of Gold Fields is measured differently than its book value, which is the value of Gold that is recorded on the company's balance sheet. Investors also form their own opinion of Gold Fields' value that differs from its market value or its book value, called intrinsic value, which is Gold Fields' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gold Fields' market value can be influenced by many factors that don't directly affect Gold Fields' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gold Fields' value and its price as these two are different measures arrived at by different means. Investors typically determine if Gold Fields is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gold Fields' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.