Gold Fields Ltd (GFI) — Capital Reinvestment Ratio
Gold Fields Ltd (GFI) has a Capital Reinvestment Ratio of 0.40x as of June 2025, meaning it reinvests 0% of its operating cash flow (ZAC1.65 Billion) in capital expenditures (ZAC664.70 Million). Check how tangible is Gold Fields Ltd's equity to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Gold Fields Ltd Capital Reinvestment Ratio (1991–2024)
This chart tracks Gold Fields Ltd's Capital Reinvestment Ratio across 33 annual periods. For the full cash flow conversion analysis, see Gold Fields Ltd (GFI) cash conversion ratio.
Annual Capital Reinvestment Ratio for Gold Fields Ltd (1991–2024)
Year-by-year Capital Reinvestment Ratio for Gold Fields Ltd from 1991 to 2024. See GFI cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (ZAC) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.74x | ZAC1.61 Billion | ZAC1.18 Billion | ▼ -16.7% |
| 2023 | 0.88x | ZAC1.19 Billion | ZAC1.05 Billion | ▲ +42.7% |
| 2022 | 0.62x | ZAC1.68 Billion | ZAC1.04 Billion | ▼ -9.3% |
| 2021 | 0.68x | ZAC1.55 Billion | ZAC1.06 Billion | ▲ +28.4% |
| 2020 | 0.53x | ZAC1.11 Billion | ZAC590.80 Million | ▼ -22.5% |
| 2019 | 0.69x | ZAC892.70 Million | ZAC612.50 Million | ▼ -48.3% |
| 2018 | 1.33x | ZAC613.10 Million | ZAC814.20 Million | ▲ +32.5% |
| 2017 | 1.00x | ZAC831.60 Million | ZAC833.60 Million | ▲ +47.6% |
| 2016 | 0.68x | ZAC956.90 Million | ZAC649.90 Million | ▼ -9.3% |
| 2015 | 0.75x | ZAC580.00 Million | ZAC434.50 Million | ▲ +16.0% |
| 2014 | 0.65x | ZAC743.80 Million | ZAC480.50 Million | ▼ -58.8% |
| 2013 | 1.57x | ZAC346.90 Million | ZAC543.70 Million | ▲ +35.9% |
| 2012 | 1.15x | ZAC1.15 Billion | ZAC1.32 Billion | ▲ +90.8% |
| 2011 | 0.60x | ZAC1.91 Billion | ZAC1.15 Billion | ▼ -39.9% |
| 2009 | 1.01x | ZAC1.16 Billion | ZAC1.17 Billion | ▼ -21.8% |
| 2008 | 1.29x | ZAC657.20 Million | ZAC845.40 Million | ▲ +0.2% |
| 2007 | 1.28x | ZAC899.00 Million | ZAC1.15 Billion | ▼ -66.9% |
| 2006 | 3.88x | ZAC205.20 Million | ZAC797.00 Million | ▲ +607.8% |
| 2005 | 0.55x | ZAC465.40 Million | ZAC255.40 Million | ▼ -68.6% |
| 2004 | 1.75x | ZAC181.90 Million | ZAC317.70 Million | ▲ +1.4% |
| 2003 | 1.72x | ZAC242.40 Million | ZAC417.40 Million | ▲ +217.1% |
| 2002 | 0.54x | ZAC465.70 Million | ZAC252.90 Million | ▲ +55.6% |
| 2001 | 0.35x | ZAC440.30 Million | ZAC153.70 Million | ▼ -51.4% |
| 2000 | 0.72x | ZAC207.80 Million | ZAC149.30 Million | ▲ +28.1% |
| 1999 | 0.56x | ZAC191.70 Million | ZAC107.50 Million | ▼ -68.3% |
| 1998 | 1.77x | ZAC205.00 Million | ZAC362.20 Million | ▲ +32.9% |
| 1997 | 1.33x | ZAC72.60 Million | ZAC96.50 Million | ▲ +106.7% |
| 1996 | 0.64x | ZAC191.10 Million | ZAC122.90 Million | ▲ +18.8% |
| 1995 | 0.54x | ZAC220.90 Million | ZAC119.60 Million | ▼ -2.4% |
| 1994 | 0.55x | ZAC202.50 Million | ZAC112.30 Million | ▲ +98.0% |
| 1993 | 0.28x | ZAC316.40 Million | ZAC88.60 Million | ▼ -12.0% |
| 1992 | 0.32x | ZAC262.90 Million | ZAC83.70 Million | ▲ +53.0% |
| 1991 | 0.21x | ZAC338.30 Million | ZAC70.40 Million | — |