Gold Net Receivables vs Intangible Assets Analysis
GFI Stock | USD 16.05 0.27 1.71% |
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 Net Receivables and its Intangible 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 tightly coupled with the direction of predictive economic indicators such as signals in census.
Net Receivables vs Intangible Assets
Net Receivables vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gold Fields Net Receivables account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Gold Fields' Net Receivables and Intangible Assets is 0.79. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Intangible 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' Net Receivables and Intangible 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 Net Receivables of Gold Fields Ltd are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Net Receivables i.e., Gold Fields' Net Receivables and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Receivables
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.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) | Gross Profit | 1.8B | 1.6B | 1.7B | 863.4M | Total Revenue | 4.2B | 4.3B | 4.5B | 2.3B |
Gold Fields fundamental ratios Correlations
Click cells to compare fundamentals
Gold Fields Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gold Fields fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.6B | 7.5B | 7.3B | 7.3B | 8.2B | 4.7B | |
Short Long Term Debt Total | 2.2B | 2.0B | 1.5B | 1.5B | 1.7B | 1.1B | |
Other Current Liab | 637.7M | 61.3M | 733.6M | 588.2M | 588.5M | 617.9M | |
Total Current Liabilities | 1.4B | 916.5M | 822.4M | 785.4M | 1.5B | 1.6B | |
Total Stockholder Equity | 2.9B | 3.7B | 4.1B | 4.3B | 4.5B | 2.7B | |
Property Plant And Equipment Net | 4.7B | 4.8B | 5.1B | 4.8B | 5.1B | 3.3B | |
Net Debt | 1.7B | 1.1B | 968.9M | 704.1M | 1.0B | 1.1B | |
Retained Earnings | 1.2B | 1.8B | 2.2B | 2.6B | 3.0B | 3.1B | |
Cash | 515M | 886.8M | 524.7M | 769.4M | 648.7M | 386.9M | |
Non Current Assets Total | 5.5B | 5.7B | 5.9B | 5.5B | 6.5B | 3.9B | |
Non Currrent Assets Other | 210.5M | 141.5M | 243.3M | 327.5M | 480.9M | 504.9M | |
Cash And Short Term Investments | 515M | 886.8M | 524.7M | 769.4M | 648.7M | 388.4M | |
Net Receivables | 93.4M | 133.6M | 155.4M | 207.7M | 198.5M | 130.5M | |
Common Stock Shares Outstanding | 839.2M | 889.8M | 893.5M | 893.9M | 895.0M | 565.0M | |
Liabilities And Stockholders Equity | 6.6B | 7.5B | 7.3B | 7.3B | 8.2B | 4.7B | |
Non Current Liabilities Total | 2.3B | 2.7B | 2.4B | 2.2B | 2.1B | 1.3B | |
Inventory | 417.8M | 521.6M | 627.6M | 759M | 827.9M | 869.3M | |
Other Stockholder Equity | 131.7M | 5.2B | 152.3M | 131.9M | 151.7M | 144.1M | |
Total Liab | 3.7B | 3.6B | 3.2B | 3.0B | 3.6B | 1.9B | |
Total Current Assets | 1.1B | 1.8B | 1.4B | 1.8B | 1.7B | 1.8B | |
Short Term Debt | 730.1M | 147.7M | 60.4M | 64.1M | 659.8M | 692.8M | |
Other Current Assets | 554.9M | 217.8M | 896.4M | 1.0B | 59.3M | 56.3M | |
Accounts Payable | 138.1M | 133.4M | 165M | 133.1M | 161.8M | 190.0M | |
Accumulated Other Comprehensive Income | (2.0B) | (2.0B) | (2.1B) | (2.3B) | (2.4B) | (2.2B) | |
Other Liab | 836.2M | 919.9M | 963.1M | 803.8M | 924.4M | 466.9M | |
Other Assets | 487.7M | 573.5M | 531.2M | 499.6M | (1.0) | (0.95) | |
Long Term Debt | 1.2B | 1.4B | 1.1B | 1.1B | 653.4M | 1.1B | |
Property Plant Equipment | 4.7B | 4.8B | 5.1B | 4.8B | 5.5B | 4.8B | |
Current Deferred Revenue | (138.1M) | 574.1M | (136.6M) | 95.7M | 86.1M | 104.5M | |
Short Term Investments | 55.5M | 60.8M | 100K | 98.8M | 88.9M | 48.0M | |
Property Plant And Equipment Gross | 4.7B | 4.8B | 12.2B | 12.8B | 13.8B | 7.7B | |
Net Tangible Assets | 2.8B | 3.7B | 4.0B | 4.2B | 4.8B | 3.5B | |
Long Term Investments | 396.6M | 447.6M | 317.4M | 197M | 764.4M | 385.3M | |
Short Long Term Debt | 193.6M | 86.3M | 684.9M | 583.1M | 524.8M | 391.8M | |
Long Term Debt Total | 1.4B | 1.8B | 1.4B | 1.4B | 1.3B | 1.3B |
Currently Active Assets on Macroaxis
MSFT | Microsoft | |
GM | General Motors | |
CRM | Salesforce | |
MSFT | Microsoft | |
GOOG | Alphabet Inc Class C |
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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Gold Stock analysis
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.
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data |
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.