DRDGOLD Balance Sheet Health
Financial Health criteria checks 6/6
DRDGOLD has a total shareholder equity of ZAR6.3B and total debt of ZAR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ZAR8.3B and ZAR2.0B respectively. DRDGOLD's EBIT is ZAR1.4B making its interest coverage ratio -5.8. It has cash and short-term investments of ZAR1.5B.
Key information
0%
Debt to equity ratio
R0
Debt
| Interest coverage ratio | -5.8x |
| Cash | R1.53b |
| Equity | R6.30b |
| Total liabilities | R1.99b |
| Total assets | R8.30b |
Recent financial health updates
No updates
Recent updates
DRDGOLD's (NYSE:DRD) Solid Profits Have Weak Fundamentals
Feb 21
Many Still Looking Away From DRDGOLD Limited (NYSE:DRD)
Feb 09DRDGOLD: Lower Price Target Ahead Of Expected Gold Rally (Rating Downgrade)
Jan 30DRDGold: Strong Upside Potential Awaits Bullish Gold
Nov 16DRDGOLD's (NYSE:DRD) Returns On Capital Are Heading Higher
Nov 12If EPS Growth Is Important To You, DRDGOLD (NYSE:DRD) Presents An Opportunity
Aug 16DRDGOLD (NYSE:DRD) Might Have The Makings Of A Multi-Bagger
Jul 10DRDGOLD: Minting Gold From Waste
Jun 03Here's Why DRDGOLD (NYSE:DRD) Has Caught The Eye Of Investors
May 05DRDGOLD's (NYSE:DRD) Returns On Capital Are Heading Higher
Mar 29DRDGold: Bullish On Easing Cost Pressures Into Gold Momentum
Jan 11We Take A Look At Whether DRDGOLD Limited's (NYSE:DRD) CEO May Be Underpaid
Nov 22DRDGold: Stable Q3 2022 Production And Financial Results And I'm Bullish
Nov 08DRDGOLD goes ex dividend tomorrow
Sep 21DRDGOLD (NYSE:DRD) Has Announced That Its Dividend Will Be Reduced To ZAR0.1801
Sep 01DRDGOLD FY 2022 Earnings Preview
Aug 23There's Been No Shortage Of Growth Recently For DRDGOLD's (NYSE:DRD) Returns On Capital
May 13DRDGold Limited: The Selloff Seems Overdone
May 11DRDGOLD (NYSE:DRD) Is Paying Out Less In Dividends Than Last Year
Feb 20DRDGold: Bullish Into The Breakout Higher In Gold Prices
Feb 17Shareholders Would Enjoy A Repeat Of DRDGOLD's (NYSE:DRD) Recent Growth In Returns
Jan 27DRDGOLD: Our Recommendation After Third Quarter Results
Oct 27DRDGOLD (NYSE:DRD) Is Very Good At Capital Allocation
Oct 07DRDGold Is A Gold Blend Of High Dividend Yield And ESG
Jul 15DRDGOLD (NYSE:DRD) Is Very Good At Capital Allocation
Jun 24If You Like EPS Growth Then Check Out DRDGOLD (NYSE:DRD) Before It's Too Late
Jun 06Potential Upside For DRDGOLD Limited (NYSE:DRD) Not Without Risk
Apr 01How Does DRDGOLD Limited (NYSE:DRD) Fare As A Dividend Stock?
Mar 17The Trend Of High Returns At DRDGOLD (NYSE:DRD) Has Us Very Interested
Mar 02What Can We Learn About DRDGOLD's (NYSE:DRD) CEO Compensation?
Feb 17Declining Stock and Solid Fundamentals: Is The Market Wrong About DRDGOLD Limited (NYSE:DRD)?
Feb 04DRDGOLD (NYSE:DRD) Has Rewarded Shareholders With An Exceptional 328% Total Return On Their Investment
Jan 22
Are Institutions Heavily Invested In DRDGOLD Limited's (NYSE:DRD) Shares?
Jan 09Here's Why We Think DRDGOLD (NYSE:DRD) Is Well Worth Watching
Dec 27DRDGOLD's (NYSE:DRD) Earnings Are Growing But Is There More To The Story?
Dec 14DRDGold: The Roodepoort Rocket Looks Undervalued Once Again
Dec 01Should You Be Excited About DRDGOLD's (NYSE:DRD) Returns On Capital?
Dec 01Is DRDGOLD Limited (NYSE:DRD) A Great Dividend Stock?
Nov 18Financial Position Analysis
Short Term Liabilities: DRD's short term assets (ZAR2.8B) exceed its short term liabilities (ZAR757.0M).
Long Term Liabilities: DRD's short term assets (ZAR2.8B) exceed its long term liabilities (ZAR1.2B).
Debt to Equity History and Analysis
Debt Level: DRD is debt free.
Reducing Debt: DRD has no debt compared to 5 years ago when its debt to equity ratio was 6.8%.
Debt Coverage: DRD has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DRD has no debt, therefore coverage of interest payments is not a concern.