DRDGold (DRDGold) Debt-to-Asset : 0.01 (As of Jun. 2023)

View and export this data going back to 1996. Start your Free Trial

What is DRDGold Debt-to-Asset?

DRDGold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.6 Mil. DRDGold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $1.5 Mil. DRDGold's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2023 was $435.0 Mil. DRDGold's debt to asset for the quarter that ended in Jun. 2023 was 0.00.

DRDGold Debt-to-Asset Historical Data

The historical data trend for DRDGold's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

DRDGold Debt-to-Asset Chart

DRDGold Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Asset

Get a 7-Day Free Trial

0.01

DRDGold Semi-Annual Data
	Jun04	Jun05	Jun06	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12	Jun13	Jun14	Jun15	Jun16	Jun17	Jun18	Jun19	Jun20	Jun21	Jun22	Jun23
Debt-to-Asset	Get a 7-Day Free Trial															-	0.01	0.01	0.01	0.01

Competitive Comparison of DRDGold's Debt-to-Asset

For the Gold subindustry, DRDGold's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

DRDGold's Debt-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, DRDGold's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where DRDGold's Debt-to-Asset falls into.

DRDGold Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

DRDGold's Debt-to-Asset for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0.603	+	1.515)	/	435.027
	=	0.00

DRDGold's Debt-to-Asset for the quarter that ended in Jun. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0.603	+	1.515)	/	435.027
	=	0.00

DRDGold (NYSE:DRD) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

DRDGold Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of DRDGold's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

DRDGold (DRDGold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » DRDGold Ltd (NYSE:DRD) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

DRD:South Africa DRDGF:USA 0ICU:UK DUB1:Germany

Address

Cnr 14th Avenue and Hendrik Potgieter Road, Constantia Office Park, Cycad House, Building 17, Ground Floor, Weltevreden Park, ZAF, 1709

Website

https://www.drdgold.com

DRDGold Ltd is a South African gold mining company engaged in surface gold tailings retreatment including exploration, extraction, processing, and smelting. It has two operating segments: the Ergo which is a surface gold retreatment operation that treats old slime dams and sand dumps to the south of Johannesburg's central the business district as well as the East and Central Rand goldfields; and the FWGR which is a surface gold retreatment operation and treats old slime dams in the West Rand goldfields. The Ergo segment derives a vast majority of the revenue.

DRDGold (DRDGold) Headlines

From GuruFocus

2 High-Dividend Gold Mining Stocks to Consider

By Steve Gray Booyens • 04-03-2023

DRDGold Stock Appears To Be Significantly Overvalued

By GF Value GF Value • 06-04-2021

DRDGold Stock Gives Every Indication Of Being Significantly Overvalued

By GF Value GF Value • 04-15-2021

DRDGold Stock Appears To Be Significantly Overvalued

By GF Value • 07-14-2021