What is the level of liabilities of DRDGOLD this year?
DRDGOLD has a debt balance of 2.56 B ZAR this year.
DRDGOLD Liabilities 2024
DRDGOLD Liabilities
2.56 B ZAR
Ticker
DRD.JO
ISIN
ZAE000058723
WKN
A0DNR0
In 2024, DRDGOLD's total liabilities amounted to 2.56 B ZAR, a 56.32% difference from the 1.64 B ZAR total liabilities 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.Liabilities Details
Assessing DRDGOLD's Liabilities
DRDGOLD's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating DRDGOLD's financial stability, operational efficiency, and long-term viability.
Year-to-Year Comparison
By comparing DRDGOLD's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.
Impact on Investments
DRDGOLD's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.
Interpreting Liability Fluctuations
Shifts in DRDGOLD’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.
Frequently Asked Questions about DRDGOLD stock
What were the liabilities of DRDGOLD compared to the previous year?
The liabilities of DRDGOLD have increased by 56.32% increased compared to the previous year.
What are the consequences of high debt for investors of DRDGOLD?
High liabilities can pose a risk for investors of DRDGOLD, as they can weaken the company's financial position and impair its ability to meet its obligations.
What consequences do low liabilities have for investors in DRDGOLD?
Low liabilities mean that DRDGOLD has a strong financial position and is able to meet its obligations without overburdening its finances.
How does an increase in liabilities of DRDGOLD affect the company?
An increase in liabilities of DRDGOLD can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.
How does a reduction in the liabilities of DRDGOLD affect the company?
A decrease in the liabilities of DRDGOLD can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.
What are some factors that influence the liabilities of DRDGOLD?
Some factors that can influence the liabilities of DRDGOLD include investments, acquisitions, operating costs, and sales development.
Why is the level of liabilities of DRDGOLD so important for investors?
The liabilities of DRDGOLD are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.
What strategic measures can DRDGOLD take to modify the liabilities?
To change its liabilities, DRDGOLD can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.
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.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
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.
