DRDGOLD Historical Balance Sheet

DRD Stock

USD 7.89 0.02 0.25%

Trend analysis of DRDGOLD Limited ADR balance sheet accounts such as Other Current Liabilities of 172.3 M or Total Current Liabilities of 528.6 M provides information on DRDGOLD Limited's total assets, liabilities, and equity, which is the actual value of DRDGOLD Limited ADR to its prevalent stockholders. By breaking down trends over time using DRDGOLD Limited balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining DRDGOLD Limited ADR latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether DRDGOLD Limited ADR is a good buy for the upcoming year.

DRDGOLD Limited Inventory

499.42 Million

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DRDGOLD Limited ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

About DRDGOLD Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of DRDGOLD Limited ADR at a specified time, usually calculated after every quarter, six months, or one year. DRDGOLD Limited Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of DRDGOLD Limited and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which DRDGOLD currently owns. An asset can also be divided into two categories, current and non-current.

DRDGOLD Limited Balance Sheet Chart

DRDGOLD Limited Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how DRDGOLD Limited ADR uses and utilizes its capital. It also shows what exactly a company owns and owes.

At present, DRDGOLD Limited's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 7.6 B, whereas Total Current Liabilities is forecasted to decline to about 528.6 M.

Short Long Term Debt Total Total Current Liabilities Total Stockholder Equity

Add Fundamental

Total Current Liabilities

Total Current Liabilities is an item on DRDGOLD Limited balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of DRDGOLD Limited ADR are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most accounts from DRDGOLD Limited's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into DRDGOLD Limited ADR current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DRDGOLD Limited ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	52.3M	39.7M	35.7M	33.9M
Total Assets	7.1B	8.2B	9.4B	9.8B

Short Long Term Debt Total Total Assets

DRDGOLD Limited balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Current Assets	Common Stock	Other Liab	Property Plant Equipment
Total Assets		-0.09	0.85	0.88	1.0	0.98	-0.93	0.69	0.81	0.97	0.99	0.03	0.97	0.74	0.96	0.76	0.97	-0.38	0.84	0.98	0.98	-0.2	0.84	0.84	0.84	0.93
Short Long Term Debt Total	-0.09		-0.09	-0.1	-0.12	-0.07	0.11	-0.24	-0.19	-0.08	-0.08	0.24	-0.08	-0.24	-0.11	0.03	-0.16	-0.2	-0.03	-0.08	-0.09	0.71	-0.05	0.05	-0.42	-0.36
Other Current Liab	0.85	-0.09		0.9	0.85	0.76	-0.92	0.61	0.77	0.9	0.8	0.15	0.9	0.81	0.84	0.62	0.82	-0.43	0.77	0.76	0.89	-0.19	0.74	0.75	0.72	0.78
Total Current Liabilities	0.88	-0.1	0.9		0.87	0.86	-0.88	0.5	0.96	0.86	0.87	-0.04	0.86	0.85	0.91	0.86	0.89	-0.39	0.95	0.81	0.87	-0.2	0.76	0.82	0.79	0.85
Total Stockholder Equity	1.0	-0.12	0.85	0.87		0.97	-0.94	0.74	0.79	0.98	0.98	0.05	0.98	0.73	0.95	0.73	0.95	-0.38	0.82	0.99	0.99	-0.21	0.84	0.81	0.83	0.93
Property Plant And Equipment Net	0.98	-0.07	0.76	0.86	0.97		-0.84	0.6	0.82	0.9	1.0	-0.09	0.9	0.68	0.95	0.78	0.96	-0.36	0.84	0.97	0.93	-0.16	0.84	0.84	0.82	0.92
Net Debt	-0.93	0.11	-0.92	-0.88	-0.94	-0.84		-0.73	-0.77	-0.98	-0.87	-0.19	-0.98	-0.81	-0.89	-0.71	-0.88	0.38	-0.81	-0.9	-0.97	0.23	-0.74	-0.76	-0.78	-0.85
Retained Earnings	0.69	-0.24	0.61	0.5	0.74	0.6	-0.73		0.38	0.76	0.63	0.2	0.76	0.35	0.5	0.21	0.57	-0.34	0.35	0.73	0.75	-0.23	0.7	0.34	0.53	0.64
Accounts Payable	0.81	-0.19	0.77	0.96	0.79	0.82	-0.77	0.38		0.75	0.83	-0.19	0.75	0.82	0.86	0.92	0.86	-0.33	0.97	0.75	0.77	-0.3	0.69	0.8	0.8	0.83
Cash	0.97	-0.08	0.9	0.86	0.98	0.9	-0.98	0.76	0.75		0.92	0.2	1.0	0.77	0.91	0.69	0.91	-0.38	0.79	0.95	1.0	-0.21	0.8	0.79	0.79	0.88
Non Current Assets Total	0.99	-0.08	0.8	0.87	0.98	1.0	-0.87	0.63	0.83	0.92		-0.08	0.92	0.7	0.96	0.78	0.97	-0.36	0.85	0.97	0.94	-0.18	0.84	0.84	0.83	0.93
Non Currrent Assets Other	0.03	0.24	0.15	-0.04	0.05	-0.09	-0.19	0.2	-0.19	0.2	-0.08		0.2	0.14	-0.11	-0.11	-0.1	0.13	-0.08	0.04	0.17	0.12	0.19	-0.07	-0.16	-0.14
Cash And Short Term Investments	0.97	-0.08	0.9	0.86	0.98	0.9	-0.98	0.76	0.75	1.0	0.92	0.2		0.77	0.91	0.69	0.91	-0.38	0.79	0.95	1.0	-0.21	0.8	0.79	0.79	0.88
Net Receivables	0.74	-0.24	0.81	0.85	0.73	0.68	-0.81	0.35	0.82	0.77	0.7	0.14	0.77		0.81	0.78	0.79	-0.28	0.84	0.67	0.77	-0.35	0.54	0.79	0.73	0.77
Common Stock Shares Outstanding	0.96	-0.11	0.84	0.91	0.95	0.95	-0.89	0.5	0.86	0.91	0.96	-0.11	0.91	0.81		0.84	0.98	-0.36	0.9	0.92	0.93	-0.23	0.73	0.9	0.88	0.93
Non Current Liabilities Total	0.76	0.03	0.62	0.86	0.73	0.78	-0.71	0.21	0.92	0.69	0.78	-0.11	0.69	0.78	0.84		0.82	-0.29	0.97	0.73	0.71	-0.19	0.56	0.83	0.73	0.74
Inventory	0.97	-0.16	0.82	0.89	0.95	0.96	-0.88	0.57	0.86	0.91	0.97	-0.1	0.91	0.79	0.98	0.82		-0.41	0.88	0.94	0.93	-0.29	0.77	0.91	0.91	0.96
Other Stockholder Equity	-0.38	-0.2	-0.43	-0.39	-0.38	-0.36	0.38	-0.34	-0.33	-0.38	-0.36	0.13	-0.38	-0.28	-0.36	-0.29	-0.41		-0.35	-0.36	-0.39	0.05	-0.32	-0.61	-0.35	-0.45
Total Liab	0.84	-0.03	0.77	0.95	0.82	0.84	-0.81	0.35	0.97	0.79	0.85	-0.08	0.79	0.84	0.9	0.97	0.88	-0.35		0.79	0.81	-0.2	0.67	0.86	0.78	0.81
Property Plant And Equipment Gross	0.98	-0.08	0.76	0.81	0.99	0.97	-0.9	0.73	0.75	0.95	0.97	0.04	0.95	0.67	0.92	0.73	0.94	-0.36	0.79		0.97	-0.17	0.81	0.8	0.81	0.91
Total Current Assets	0.98	-0.09	0.89	0.87	0.99	0.93	-0.97	0.75	0.77	1.0	0.94	0.17	1.0	0.77	0.93	0.71	0.93	-0.39	0.81	0.97		-0.22	0.82	0.81	0.82	0.9
Short Term Debt	-0.2	0.71	-0.19	-0.2	-0.21	-0.16	0.23	-0.23	-0.3	-0.21	-0.18	0.12	-0.21	-0.35	-0.23	-0.19	-0.29	0.05	-0.2	-0.17	-0.22		-0.22	-0.21	-0.56	-0.43
Other Current Assets	0.84	-0.05	0.74	0.76	0.84	0.84	-0.74	0.7	0.69	0.8	0.84	0.19	0.8	0.54	0.73	0.56	0.77	-0.32	0.67	0.81	0.82	-0.22		0.65	0.67	0.77
Common Stock	0.84	0.05	0.75	0.82	0.81	0.84	-0.76	0.34	0.8	0.79	0.84	-0.07	0.79	0.79	0.9	0.83	0.91	-0.61	0.86	0.8	0.81	-0.21	0.65		0.81	0.85
Other Liab	0.84	-0.42	0.72	0.79	0.83	0.82	-0.78	0.53	0.8	0.79	0.83	-0.16	0.79	0.73	0.88	0.73	0.91	-0.35	0.78	0.81	0.82	-0.56	0.67	0.81		0.92
Property Plant Equipment	0.93	-0.36	0.78	0.85	0.93	0.92	-0.85	0.64	0.83	0.88	0.93	-0.14	0.88	0.77	0.93	0.74	0.96	-0.45	0.81	0.91	0.9	-0.43	0.77	0.85	0.92

Click cells to compare fundamentals

DRDGOLD Limited Account Relationship Matchups

DRDGOLD Limited balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.7B	6.3B	7.1B	8.2B	9.4B	9.8B
Short Long Term Debt Total	47.1M	54.8M	52.3M	39.7M	35.7M	33.9M
Other Current Liab	257M	161.7M	176.9M	182.3M	164.1M	172.3M
Total Current Liabilities	745.9M	531.5M	625.5M	718.7M	826.5M	528.6M
Total Stockholder Equity	4.0B	4.8B	5.4B	6.3B	7.2B	7.6B
Property Plant And Equipment Net	2.6B	2.8B	3.1B	3.9B	4.5B	4.7B
Net Debt	(1.7B)	(2.1B)	(2.5B)	(2.4B)	(2.2B)	(2.1B)
Retained Earnings	(2.1B)	(1.3B)	(733.4M)	86.2M	77.6M	81.5M
Accounts Payable	478.8M	352.9M	429.1M	525.1M	603.9M	339.3M
Cash	1.7B	2.2B	2.5B	2.5B	2.8B	3.0B
Non Current Assets Total	3.5B	3.7B	4.0B	4.9B	5.7B	6.0B
Non Currrent Assets Other	35M	40.5M	40.4M	39.7M	35.7M	37.5M
Cash And Short Term Investments	1.7B	2.2B	2.5B	2.5B	2.8B	3.0B
Net Receivables	151.3M	135.3M	142.9M	130.1M	149.6M	106.7M
Common Stock Shares Outstanding	78.4M	86.1M	86.1M	86.5M	99.5M	104.4M
Liabilities And Stockholders Equity	5.7B	6.3B	7.1B	8.2B	9.4B	9.8B
Non Current Liabilities Total	889.1M	996.1M	1.0B	1.2B	1.3B	782.2M
Inventory	323.4M	340M	389.3M	413.6M	475.6M	499.4M
Other Stockholder Equity	(51.0M)	(51M)	(35.6M)	(21M)	(18.9M)	(18.0M)
Total Liab	1.6B	1.5B	1.6B	1.9B	2.2B	1.3B
Property Plant And Equipment Gross	2.6B	4.9B	5.2B	6.2B	7.1B	7.5B
Total Current Assets	2.2B	2.7B	3.1B	3.2B	3.7B	3.9B
Accumulated Other Comprehensive Income	50.5M	50.5M	35.1M	20.5M	23.6M	24.8M
Short Term Debt	10.1M	16.9M	19.5M	11.3M	10.2M	9.7M
Other Current Assets	128.2M	17.4M	29.9M	210.5M	189.5M	198.9M
Other Liab	852.1M	958.2M	980M	1.1B	1.3B	1.4B
Property Plant Equipment	2.6B	2.8B	3.1B	3.9B	4.5B	4.7B
Other Assets	669M	698.5M	765.7M	72.5M	83.4M	79.2M
Net Tangible Assets	4.0B	4.8B	5.4B	6.3B	7.2B	7.6B
Long Term Investments	821.3M	819.3M	862.2M	958.3M	1.1B	1.2B
Long Term Debt Total	37M	37.9M	32.8M	28.4M	32.7M	24.9M
Capital Lease Obligations	47.1M	54.8M	52.3M	39.7M	45.7M	31.2M
Net Invested Capital	4.0B	4.8B	5.4B	6.3B	7.2B	4.1B

Pair Trading with DRDGOLD Limited

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if DRDGOLD Limited position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in DRDGOLD Limited will appreciate offsetting losses from the drop in the long position's value.

Moving together with DRDGOLD Stock

0.88	AA	Alcoa Corp Financial Report 17th of July 2024	Pair Corr
0.71	TX	Ternium SA ADR	Pair Corr
0.62	WS	Worthington Steel	Pair Corr

Moving against DRDGOLD Stock

0.75	SID	Companhia Siderurgica Financial Report 1st of May 2024	Pair Corr
0.64	X	United States Steel Earnings Call Tomorrow	Pair Corr
0.57	ZKIN	ZK International	Pair Corr
0.47	PKX	POSCO Holdings Financial Report 25th of April 2024	Pair Corr

The ability to find closely correlated positions to DRDGOLD Limited could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DRDGOLD Limited when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back DRDGOLD Limited - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling DRDGOLD Limited ADR to buy it.

The correlation of DRDGOLD Limited is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as DRDGOLD Limited moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DRDGOLD Limited ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for DRDGOLD Limited can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether DRDGOLD Limited ADR is a strong investment it is important to analyze DRDGOLD Limited's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DRDGOLD Limited's future performance. For an informed investment choice regarding DRDGOLD Stock, refer to the following important reports:

How To Invest In DRDGOLD

Details

Is DRDGOLD Stock a good investment?

Details

What is DRDGOLD Limited's Net Worth?

Details

Largest Metals & Mining Companies

View

Largest Materials Companies

View

You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Complementary Tools for DRDGOLD Stock analysis

When running DRDGOLD Limited's price analysis, check to measure DRDGOLD Limited's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DRDGOLD Limited is operating at the current time. Most of DRDGOLD Limited's value examination focuses on studying past and present price action to predict the probability of DRDGOLD Limited's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DRDGOLD Limited's price. Additionally, you may evaluate how the addition of DRDGOLD Limited to your portfolios can decrease your overall portfolio volatility.

	Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
	Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios.
	Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences
	Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
	Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years
	Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
	Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios
	Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities
	AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities

Is DRDGOLD Limited's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DRDGOLD Limited. If investors know DRDGOLD will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DRDGOLD Limited listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.095

Dividend Share

8.5

Earnings Share

0.77

Revenue Per Share

67.565

Quarterly Revenue Growth

0.121

The market value of DRDGOLD Limited ADR is measured differently than its book value, which is the value of DRDGOLD that is recorded on the company's balance sheet. Investors also form their own opinion of DRDGOLD Limited's value that differs from its market value or its book value, called intrinsic value, which is DRDGOLD Limited's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DRDGOLD Limited's market value can be influenced by many factors that don't directly affect DRDGOLD Limited's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between DRDGOLD Limited's value and its price as these two are different measures arrived at by different means. Investors typically determine if DRDGOLD Limited is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DRDGOLD Limited's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

DRDGOLD Historical Balance Sheet

DRDGOLD Limited Inventory

499.42 Million

About DRDGOLD Balance Sheet Analysis

DRDGOLD Limited Balance Sheet Chart

Total Current Liabilities

Total Stockholder Equity

DRDGOLD Limited balance sheet Correlations

DRDGOLD Limited Account Relationship Matchups

High Positive Relationship

High Negative Relationship

DRDGOLD Limited balance sheet Accounts

Pair Trading with DRDGOLD Limited

Moving together with DRDGOLD Stock

Moving against DRDGOLD Stock

Complementary Tools for DRDGOLD Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash And Short Term Investments
Non Current Assets Total	+ 0.99	Total Assets

Cash And Short Term Investments	- 0.98	Net Debt
Cash	- 0.98	Net Debt
Total Current Assets	- 0.97	Net Debt
Net Debt	- 0.94	Total Stockholder Equity
Net Debt	- 0.93	Total Assets
Net Debt	- 0.92	Other Current Liab