DRD (DRDGold) Quick Ratio: 1.76 (As of Jun. 2025) — 10% Above Median


DRD DRDGold Ltd DRD
89 GF Score
Price $21.05
GF Value $21.93
Valuation Fairly Valued
! 1 Warning Sign
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What is DRDGold Quick Ratio?

DRDGold DRD -3.00% 89 Quick Ratio is 1.76 as of Jun. 2025, which is 10% above its 10-year median of 1.60. GuruFocus rates DRD with a GF Score™ of 89/100 and a GF Value™ of $21.93 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,638 Metals & Mining companies, DRDGold ranks worse than 55.99% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. DRDGold's quick ratio for the quarter that ended in Jun. 2025 was 1.76.

DRDGold has a quick ratio of 1.76. It generally indicates good short-term financial strength.

The historical rank and industry rank for DRDGold's Quick Ratio or its related term are showing as below:

DRD' s Quick Ratio Range Over the Past 10 Years
Min: 0.77   Med: 1.6   Max: 4.39
Current: 1.76

During the past 13 years, DRDGold's highest Quick Ratio was 4.39. The lowest was 0.77. And the median was 1.60.

DRD's Quick Ratio is ranked worse than
55.99% of 2638 companies
in the Metals & Mining industry
Industry Median: 2.32 vs DRD: 1.76

DRDGold  (NYSE:DRD) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


DRDGold Quick Ratio Related Terms


DRDGold Quick Ratio Historical Data

* Premium members only.

The historical data trend for DRDGold's Quick Ratio 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.

DRDGold Quick Ratio Chart

DRDGold Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.39 4.30 3.90 1.08 1.76

DRDGold Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Jun21 Jun22 Jun23 Dec23 Jun24 Dec24 Jun25
Quick Ratio 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 3.90 0.00 1.08 1.63 1.76

DRD vs NEM, AU, CDE: Quick Ratio Comparison

For the Gold subindustry, DRDGold's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, DRDGold's Quick Ratio distribution charts can be found below:

* The bar in red indicates where DRDGold's Quick Ratio falls into.


DRD
89GF Score
DRDGold Ltd DRD
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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DRDGold Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

DRDGold's Quick Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Quick Ratio (A: Jun. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(128.144-29.327)/56.185
=1.76

DRDGold's Quick Ratio for the quarter that ended in Jun. 2025 is calculated as

Quick Ratio (Q: Jun. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(128.144-29.327)/56.185
=1.76

* 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 1.76 mean?
DRDGold (DRD) has a Quick Ratio of 1.76 as of Jun. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on DRDGold and its competitors. This is 10% above median its historical median of 1.60. Over the past decade, DRDGold's Quick Ratio has ranged from 0.77 to 4.39. According to the industry distribution chart, DRDGold ranks #1477 out of 2638 companies in the Metals & Mining industry, placing it in the top 56%.
Is DRDGold's Quick Ratio too high?
DRDGold's current Quick Ratio of 1.76 is 10% above median its 10-year median of 1.60. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 4.39. The Metals & Mining industry median Quick Ratio is 2.32. DRDGold's value of 1.76 is 24.1% below this industry median. Based on the distribution chart, DRDGold ranks #1477 out of 2638 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, DRDGold has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DRDGold's Quick Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, DRDGold ranks #1477 out of 2638 companies for Quick Ratio. This places DRDGold in the lower half of its industry. The industry median Quick Ratio is 2.32. DRDGold's value of 1.76 is 24.1% below this benchmark. Historically, DRDGold's own Quick Ratio has ranged from 0.77 to 4.39 over the past decade. While the company's 10-year median is 1.60 vs. the industry median of 2.32, DRDGold has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Metals & Mining company?
The median Quick Ratio among Metals & Mining companies is 2.32, based on 2,638 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DRDGold's current Quick Ratio of 1.76 is 24.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on DRDGold and its competitors. For the Metals & Mining industry, the median Quick Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DRDGold's current Quick Ratio is 1.76, which is 10% above median its own 10-year median of 1.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DRDGold stock overvalued right now?
Based on GuruFocus' analysis, DRDGold (DRD) is currently considered Fairly Valued. The stock's GF Value™ is $21.93, compared to a current price of $21.05 — trading 4% below its estimated fair value. The current Quick Ratio is 1.76, which is 10% above median its 10-year median of 1.60 and 24.1% below the Metals & Mining industry median of 2.32. DRDGold's overall GF Score™ is 89/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For DRDGold (DRD), the current Quick Ratio is 1.76 as of Jun. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is DRDGold (DRD) Overvalued in 2026?

Based on GuruFocus' analysis, DRDGold stock appears to be undervalued. The current stock price of $21.05 is trading 4% below its estimated GF Value™ of $21.93. GuruFocus considers DRDGold to be Fairly Valued.

Key valuation signals for DRD:

  • Quick Ratio: 1.76 (10% above median its 10-year median of 1.60)
  • GF Value™: $21.93 vs. price of $21.05 (4% below fair value)
  • GF Score™: 89/100 with 1 warning sign
  • Industry Position: 24.1% below the Metals & Mining median (#1477 of 2638)

No single metric tells the full story. See the DRD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DRDGold Business Description

Address Cnr 14th Avenue and Hendrik Potgieter Road, Constantia Office Park, Cycad House, Building 17, Ground Floor, Weltevreden Park, Johannesburg, ZAF, 1709
DRDGold Ltd is a South African gold mining company engaged in surface gold tailings retreatment including exploration, extraction, processing, and smelting. Its reportable operating segments are; Ergo, FWGR, and Corporate office and other reconciling items. The Ergo is a surface gold retreatment operation that treats old slime dams and sand dumps to the south of Johannesburg's central 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 company's revenue.
89GF Score

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Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$21.05
Price
$21.93
GF Value