GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » DRDGold Ltd (OTCPK:DRDGF) » Definitions » Interest Expense

DRDGold (DRDGold) Interest Expense : $-3.8 Mil (TTM As of Jun. 2023)


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

What is DRDGold Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. DRDGold's interest expense for the six months ended in Jun. 2023 was $ -3.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was $-3.8 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. DRDGold's Operating Income for the six months ended in Jun. 2023 was $ 75.3 Mil. DRDGold's Interest Expense for the six months ended in Jun. 2023 was $ -3.8 Mil. DRDGold's Interest Coverage for the quarter that ended in Jun. 2023 was 20.06. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

DRDGold Interest Expense Historical Data

The historical data trend for DRDGold's Interest Expense 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 Interest Expense Chart

DRDGold Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.83 -3.86 -4.23 -4.61 -3.76

DRDGold Semi-Annual Data
Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.83 -3.86 -4.23 -4.61 -3.76

DRDGold Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Jun. 2023 was $-3.8 Mil.

* 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.

DRDGold  (OTCPK:DRDGF) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

DRDGold's Interest Expense for the six months ended in Jun. 2023 was $-3.8 Mil. Its Operating Income for the six months ended in Jun. 2023 was $75.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was $1.5 Mil.

DRDGold's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2023 )/Interest Expense (Q: Jun. 2023 )
=-1*75.349/-3.756
=20.06

* 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.

The higher the ratio, the stronger the company's financial strength is.

DRDGold (DRDGold) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » DRDGold Ltd (OTCPK:DRDGF) » Definitions » Interest Expense
Comparable Companies
JSE:RNG JSE:SSW SHSE:601899 NEM TSX:AEM TSX:ABX TSX:WPM TSX:FNV SHSE:600547 JSE:GFI MIC:PLZL ASX:NST AU SHSE:600489 TSX:K RGLD TSX:PAAS TSX:AGI JSE:HAR HKSE:01818
Traded in Other Exchanges
DRD:South Africa DRD: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

DRDGold Stock Appears To Be Significantly Overvalued

By GF Value • 07-14-2021

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