What is the debt of DRDGOLD this year?
DRDGOLD has a debt level of -492.3 ZAR this year.
DRDGOLD Debt 2024
DRDGOLD Debt
-492.3 ZAR
Ticker
DRD.JO
ISIN
ZAE000058723
WKN
A0DNR0
In 2024, DRDGOLD's total debt was -492.3 ZAR, a -80.1% change from the -2,473.3 ZAR total debt recorded in the previous year.
DRDGOLD Aktienanalyse
What does DRDGOLD do?
DRDGOLD Ltd is a South African company that focuses on the extraction and processing of gold. The company has a long history, dating back to 1895 when it was established as Durban Roodepoort Deep Mine. Over the years, the company has evolved and merged with Ergo Mining in 1998 to become the current DRDGOLD Ltd. DRDGOLD's business model is focused on utilizing resources to maximize efficiency and production. The company operates several mines in South Africa, including the ERGO Combination Project in Brakpan, the Crown Mines Joint Venture, and the Sibanye-Stillwater Surface Tailings Retreatment Project. These mines are valuable resources in the gold industry as they contain large amounts of slag and residues from previous mining activities that still contain gold. DRDGOLD has perfected the process of recovering gold from slag through its technologically advanced facilities and equipment. The company is able to utilize the most challenging resources to extract valuable metal, making it one of the most competitive companies in the industry. DRDGOLD has also collaborated with other companies to develop new technologies and find more effective methods of gold recovery. The company is divided into several business segments that focus on different aspects of the gold industry. For example, there is the DRDGold Surface business segment, which focuses on processing mining and slag residues into gold. The Sibanye-Stillwater Surface business segment aims to process multiple mine areas from Sibanye-Stillwater in the Witwatersrand belt. The Crown Mines Joint Venture refers to the joint venture cooperation in the area of old mines in Johannesburg. In terms of products, DRDGOLD offers several different types of gold. These include: - Refined gold, also known as purified gold, is the end product obtained from the recycling process. It is high-quality gold that can be used for jewelry or investment. - CIL gold refers to the gold obtained through the CIL (Carbon-in-Leach) process, a chemical process. It is a method of extracting gold from gravity and slag residues found in the mines. - Pyrite concentrate gold refers to the gold obtained from the concentrate of pyrite extraction, which contains significant amounts of gold. DRDGOLD is a key player in the gold industry and has earned an excellent reputation over the years due to its innovative approach and commitment to resource recovery. The company has focused on creating value for its customers while operating in an environmentally conscious manner. With its knowledge and experience in gold extraction, DRDGOLD is able to advise its customers professionally and competently, while maintaining its influence in the gold industry. DRDGOLD ist eines der beliebtesten Unternehmen auf Eulerpool.com.Debt Details
Understanding DRDGOLD's Debt Structure
DRDGOLD's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Year-to-Year Comparison
Analyzing DRDGOLD's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Impact on Investments
Investors pay close attention to DRDGOLD’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Interpreting Debt Fluctuations
Shifts in DRDGOLD’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Frequently Asked Questions about DRDGOLD stock
What was the debt of DRDGOLD compared to the previous year?
The debt of DRDGOLD has increased by -80.1% compared to the previous year dropped.
What are the consequences of high debt for investors in DRDGOLD?
High debt can pose a risk for investors of DRDGOLD, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
What are the consequences of low debt for investors of DRDGOLD?
Low debt means that DRDGOLD has a strong financial position and is able to fulfill its obligations without overburdening its finances.
How does an increase in debt from DRDGOLD affect the company?
An increase in debt of DRDGOLD can adversely affect the financial condition of the company and result in a higher burden on its finances.
How does a reduction of debt of DRDGOLD affect the company?
A reduction in debt of DRDGOLD can strengthen the company's financial position and improve its ability to meet its financial obligations.
What are some factors that influence the debt of DRDGOLD?
Some factors that can influence the debt of DRDGOLD include investments, acquisitions, operating costs, and revenue development.
Why are the debts of DRDGOLD so important for investors?
The debts of DRDGOLD are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
What strategic measures can DRDGOLD take to change the debt?
To change the debt, DRDGOLD can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
How much dividend does DRDGOLD pay?
Over the past 12 months, DRDGOLD paid a dividend of 0.4 ZAR . This corresponds to a dividend yield of about 0.03 %. For the coming 12 months, DRDGOLD is expected to pay a dividend of 0.44 ZAR.
What is the dividend yield of DRDGOLD?
The current dividend yield of DRDGOLD is 0.03 %.
When does DRDGOLD pay dividends?
DRDGOLD pays a quarterly dividend. This is distributed in the months of October, April, October, October.
How secure is the dividend of DRDGOLD?
DRDGOLD paid dividends every year for the past 19 years.
What is the dividend of DRDGOLD?
For the upcoming 12 months, dividends amounting to 0.44 ZAR are expected. This corresponds to a dividend yield of 0.03 %.
In which sector is DRDGOLD located?
DRDGOLD is assigned to the 'Commodities' sector.
Wann musste ich die Aktien von DRDGOLD kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of DRDGOLD from 9/16/2024 amounting to 0.01 ZAR, you needed to have the stock in your portfolio before the ex-date on 9/13/2024.
When did DRDGOLD pay the last dividend?
The last dividend was paid out on 9/16/2024.
What was the dividend of DRDGOLD in the year 2023?
In the year 2023, DRDGOLD distributed 0.85 ZAR as dividends.
In which currency does DRDGOLD pay out the dividend?
The dividends of DRDGOLD are distributed in ZAR.
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Andere Kennzahlen von DRDGOLD
Our stock analysis for DRDGOLD Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of DRDGOLD Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
