GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » DRDGold Ltd (JSE:DRD) » Definitions » Scaled Net Operating Assets

DRDGold (JSE:DRD) Scaled Net Operating Assets : 0.79 (As of Jun. 2024)


View and export this data going back to 1985. Start your Free Trial

What is DRDGold Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

DRDGold's operating assets for the quarter that ended in Jun. 2024 was R8,941 Mil. DRDGold's operating liabilities for the quarter that ended in Jun. 2024 was R2,532 Mil. DRDGold's Total Assets for the quarter that ended in Jun. 2023 was R8,155 Mil. Therefore, DRDGold's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.79.


DRDGold Scaled Net Operating Assets Historical Data

The historical data trend for DRDGold's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

DRDGold Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.48 0.47 0.54 0.79

DRDGold Semi-Annual Data
Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Scaled Net Operating Assets 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 0.58 0.48 0.47 0.54 0.79

Competitive Comparison of DRDGold's Scaled Net Operating Assets

For the Gold subindustry, DRDGold's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, DRDGold's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where DRDGold's Scaled Net Operating Assets falls into.



DRDGold Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

DRDGold's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2024 )
=(Operating Assets (A: Jun. 2024 )-Operating Liabilities (A: Jun. 2024 ))/Total Assets (A: Jun. 2023 )
=(8941.2-2531.8)/8154.5
=0.79

where

Operating Assets(A: Jun. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9450.4 - 509.2
=8941.2

Operating Liabilities(A: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2561 - 22.3 - 6.9
=2531.8

DRDGold's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2024 )
=(Operating Assets (Q: Jun. 2024 )-Operating Liabilities (Q: Jun. 2024 ))/Total Assets (Q: Jun. 2023 )
=(8941.2-2531.8)/8154.5
=0.79

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9450.4 - 509.2
=8941.2

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2561 - 22.3 - 6.9
=2531.8

* 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 Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of DRDGold's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


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.

DRDGold Headlines

From GuruFocus

DRDGold Ltd (DRD) Shares Up 4.18% on Mar 3

By GuruFocus News 03-03-2025

DRDGold Ltd (DRD) Shares Up 7.16% on Oct 17

By GuruFocus News 10-17-2024

DRDGold Ltd (DRD) Shares Up 4.25% on Oct 16

By GuruFocus News 10-16-2024

Q4 2020 DRDGOLD Ltd Earnings Call Transcript

By GuruFocus Research 02-10-2024

Q2 2021 DRDGOLD Ltd Earnings Call Transcript

By GuruFocus Research 02-10-2024

Q4 2021 DRDGOLD Ltd Earnings Call Transcript

By GuruFocus Research 02-10-2024

2 High-Dividend Gold Mining Stocks to Consider

By Steve Gray Booyens 04-03-2023

DRDGold Ltd (DRD) Shares Down 4.64% on Feb 14

By GuruFocus News 02-14-2025