DRDGOLD Balance Sheet Health
Financial Health criteria checks 6/6
DRDGOLD has a total shareholder equity of ZAR5.6B and total debt of ZAR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ZAR7.3B and ZAR1.6B respectively. DRDGOLD's EBIT is ZAR1.2B making its interest coverage ratio -5.7. It has cash and short-term investments of ZAR2.4B.
Key information
0%
Debt to equity ratio
R0
Debt
Interest coverage ratio | -5.7x |
Cash | R2.39b |
Equity | R5.63b |
Total liabilities | R1.64b |
Total assets | R7.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DRD N's short term assets (ZAR2.9B) exceed its short term liabilities (ZAR550.8M).
Long Term Liabilities: DRD N's short term assets (ZAR2.9B) exceed its long term liabilities (ZAR1.1B).
Debt to Equity History and Analysis
Debt Level: DRD N is debt free.
Reducing Debt: DRD N had no debt 5 years ago.
Debt Coverage: DRD N has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DRD N has no debt, therefore coverage of interest payments is not a concern.