Gold Ebit vs Tax Provision Analysis

GFI Stock  USD 17.53  0.13  0.75%   
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 Ebit and its Tax Provision 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 tightly coupled with the direction of predictive economic indicators such as signals in census.

Ebit vs Tax Provision

Ebit vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gold Fields Ebit account and Tax Provision. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Gold Fields' Ebit and Tax Provision is 0.41. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Tax Provision 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' Ebit and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Gold Fields Ltd are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Ebit i.e., Gold Fields' Ebit and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Ebit

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
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 tightly coupled with the direction of predictive economic indicators such as signals in census.
As of now, Gold Fields' Enterprise Value Over EBITDA is increasing as compared to previous years. The Gold Fields' current Enterprise Value Multiple is estimated to increase to 7.48, 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 Expense82.9M72.5M62.9M114.7M

Gold Fields fundamental ratios Correlations

0.79-0.150.490.970.990.60.210.650.990.10.650.830.690.880.310.450.950.690.140.120.570.010.20.280.52
0.790.030.250.640.80.92-0.040.350.82-0.040.350.460.770.940.10.470.920.330.050.110.28-0.030.310.360.82
-0.150.03-0.11-0.19-0.140.160.4-0.3-0.140.4-0.3-0.490.210.00.36-0.46-0.08-0.08-0.120.35-0.730.290.310.010.03
0.490.25-0.110.490.480.240.60.40.470.640.40.450.290.210.6-0.110.440.720.89-0.080.510.450.22-0.04-0.09
0.970.64-0.190.490.960.460.260.640.960.140.640.90.570.780.350.420.850.740.120.110.61-0.010.080.20.41
0.990.8-0.140.480.960.640.170.590.990.060.590.830.660.90.250.470.950.640.130.160.61-0.040.180.290.57
0.60.920.160.240.460.64-0.060.00.660.030.00.310.60.810.10.370.740.180.120.00.18-0.060.170.180.87
0.21-0.040.40.60.260.17-0.060.370.150.910.370.010.420.030.95-0.490.130.740.440.36-0.080.780.530.14-0.23
0.650.35-0.30.40.640.590.00.370.570.131.00.520.540.490.340.270.60.740.10.230.380.290.410.470.03
0.990.82-0.140.470.960.990.660.150.570.070.570.840.660.90.250.480.950.630.140.080.59-0.050.150.230.58
0.1-0.040.40.640.140.060.030.910.130.070.13-0.050.32-0.070.92-0.560.050.610.590.16-0.080.740.45-0.12-0.21
0.650.35-0.30.40.640.590.00.371.00.570.130.520.540.490.350.270.60.740.10.230.380.290.410.460.03
0.830.46-0.490.450.90.830.310.010.520.84-0.050.520.240.60.090.50.680.590.15-0.120.83-0.23-0.22-0.020.31
0.690.770.210.290.570.660.60.420.540.660.320.540.240.760.480.110.780.510.070.510.110.350.770.560.52
0.880.940.00.210.780.90.810.030.490.9-0.070.490.60.760.140.510.950.45-0.110.180.35-0.050.290.40.8
0.310.10.360.60.350.250.10.950.340.250.920.350.090.480.14-0.410.220.790.430.27-0.070.780.480.11-0.08
0.450.47-0.46-0.110.420.470.37-0.490.270.48-0.560.270.50.110.51-0.410.430.07-0.3-0.410.41-0.69-0.3-0.110.62
0.950.92-0.080.440.850.950.740.130.60.950.050.60.680.780.950.220.430.550.140.170.480.040.350.390.63
0.690.33-0.080.720.740.640.180.740.740.630.610.740.590.510.450.790.070.550.40.130.40.510.30.20.09
0.140.05-0.120.890.120.130.120.440.10.140.590.10.150.07-0.110.43-0.30.140.4-0.170.350.430.15-0.15-0.27
0.120.110.35-0.080.110.160.00.360.230.080.160.23-0.120.510.180.27-0.410.170.13-0.17-0.110.360.580.750.01
0.570.28-0.730.510.610.610.18-0.080.380.59-0.080.380.830.110.35-0.070.410.480.40.35-0.11-0.24-0.150.010.19
0.01-0.030.290.45-0.01-0.04-0.060.780.29-0.050.740.29-0.230.35-0.050.78-0.690.040.510.430.36-0.240.60.4-0.31
0.20.310.310.220.080.180.170.530.410.150.450.41-0.220.770.290.48-0.30.350.30.150.58-0.150.60.520.05
0.280.360.01-0.040.20.290.180.140.470.23-0.120.46-0.020.560.40.11-0.110.390.2-0.150.750.010.40.520.19
0.520.820.03-0.090.410.570.87-0.230.030.58-0.210.030.310.520.8-0.080.620.630.09-0.270.010.19-0.310.050.19
Click cells to compare fundamentals

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 Liab637.7M61.3M733.6M588.2M588.5M617.9M
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 Total5.5B5.7B5.9B5.5B6.5B3.9B
Non Currrent Assets Other210.5M141.5M243.3M327.5M480.9M504.9M
Cash And Short Term Investments515M886.8M524.7M769.4M648.7M388.4M
Net Receivables93.4M133.6M155.4M207.7M198.5M130.5M
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 Equity131.7M5.2B152.3M131.9M151.7M144.1M
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 Assets554.9M217.8M896.4M1.0B59.3M56.3M
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 Assets487.7M573.5M531.2M499.6M(1.0)(0.95)
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 tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the Gold Fields information on this page should be used as a complementary analysis to other Gold Fields' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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When running Gold Fields' price analysis, check to measure Gold Fields' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gold Fields is operating at the current time. Most of Gold Fields' value examination focuses on studying past and present price action to predict the probability of Gold Fields' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gold Fields' price. Additionally, you may evaluate how the addition of Gold Fields to your portfolios can decrease your overall portfolio volatility.
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Is Gold Fields' industry 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
(0.10)
Dividend Share
0.407
Earnings Share
0.79
Revenue Per Share
2.519
Quarterly Revenue Growth
0.014
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.