DRDGOLD Change To Netincome from 2010 to 2024

DRD Stock  USD 9.66  0.14  1.43%   
DRDGOLD Limited's Change To Netincome is increasing over the years with slightly volatile fluctuation. Overall, Change To Netincome is expected to go to about 135.8 M this year. During the period from 2010 to 2024 DRDGOLD Limited Change To Netincome annual values regression line had coefficient of variation of  228.96 and r-squared of  0.26. View All Fundamentals
 
Change To Netincome  
First Reported
2014-06-30
Previous Quarter
-44.2 M
Current Value
-44.2 M
Quarterly Volatility
52.8 M
 
Yuan Drop
 
Covid
Check DRDGOLD Limited financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among DRDGOLD Limited's main balance sheet or income statement drivers, such as Depreciation And Amortization of 181.4 M, Interest Expense of 49.5 M or Selling General Administrative of 140.3 M, as well as many indicators such as Price To Sales Ratio of 2.3, Dividend Yield of 0.051 or PTB Ratio of 1.19. DRDGOLD financial statements analysis is a perfect complement when working with DRDGOLD Limited Valuation or Volatility modules.
  
Check out the analysis of DRDGOLD Limited Correlation against competitors.

Latest DRDGOLD Limited's Change To Netincome Growth Pattern

Below is the plot of the Change To Netincome of DRDGOLD Limited ADR over the last few years. It is DRDGOLD Limited's Change To Netincome historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in DRDGOLD Limited's overall financial position and show how it may be relating to other accounts over time.
Change To Netincome10 Years Trend
Slightly volatile
   Change To Netincome   
       Timeline  

DRDGOLD Change To Netincome Regression Statistics

Arithmetic Mean40,685,047
Coefficient Of Variation228.96
Mean Deviation75,267,795
Median(900,000)
Standard Deviation93,152,140
Sample Variance8677.3T
Range362.5M
R-Value0.51
Mean Square Error6925.4T
R-Squared0.26
Significance0.05
Slope10,598,626
Total Sum of Squares121482.5T

DRDGOLD Change To Netincome History

2024135.8 M
2023129.4 M
2022112.5 M
2021-1.5 M
202075.9 M
2019263.1 M
2018-99.4 M

About DRDGOLD Limited Financial Statements

DRDGOLD Limited stakeholders use historical fundamental indicators, such as DRDGOLD Limited's Change To Netincome, to determine how well the company is positioned to perform in the future. Although DRDGOLD Limited investors may analyze each financial statement separately, they are all interrelated. For example, changes in DRDGOLD Limited's assets and liabilities are reflected in the revenues and expenses on DRDGOLD Limited's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in DRDGOLD Limited ADR. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change To Netincome129.4 M135.8 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether DRDGOLD Limited ADR is a strong investment it is important to analyze DRDGOLD Limited's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DRDGOLD Limited's future performance. For an informed investment choice regarding DRDGOLD Stock, refer to the following important reports:
Check out the analysis of DRDGOLD Limited Correlation against competitors.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DRDGOLD Limited. If investors know DRDGOLD will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DRDGOLD Limited listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.01)
Dividend Share
4
Earnings Share
0.85
Revenue Per Share
72.45
Quarterly Revenue Growth
0.149
The market value of DRDGOLD Limited ADR is measured differently than its book value, which is the value of DRDGOLD that is recorded on the company's balance sheet. Investors also form their own opinion of DRDGOLD Limited's value that differs from its market value or its book value, called intrinsic value, which is DRDGOLD Limited's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DRDGOLD Limited's market value can be influenced by many factors that don't directly affect DRDGOLD Limited's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DRDGOLD Limited's value and its price as these two are different measures arrived at by different means. Investors typically determine if DRDGOLD Limited is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DRDGOLD Limited's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.