DRDGOLD Balance Sheet Health
Financial Health criteria checks 5/6
DRDGOLD has a total shareholder equity of ZAR6.9B and total debt of ZAR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ZAR9.5B and ZAR2.6B respectively. DRDGOLD's EBIT is ZAR1.6B making its interest coverage ratio -7.9. It has cash and short-term investments of ZAR521.5M.
Key information
0%
Debt to equity ratio
R0
Debt
| Interest coverage ratio | -7.9x |
| Cash | R521.50m |
| Equity | R6.89b |
| Total liabilities | R2.56b |
| Total assets | R9.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0ICU's short term assets (ZAR1.5B) exceed its short term liabilities (ZAR953.5M).
Long Term Liabilities: 0ICU's short term assets (ZAR1.5B) do not cover its long term liabilities (ZAR1.6B).
Debt to Equity History and Analysis
Debt Level: 0ICU is debt free.
Reducing Debt: 0ICU had no debt 5 years ago.
Debt Coverage: 0ICU has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 0ICU has no debt, therefore coverage of interest payments is not a concern.