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
Financial 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.