DRDGOLD Other Assets from 2010 to 2024

DRD Stock  USD 9.45  0.63  6.25%   
DRDGOLD Limited's Other Assets are increasing over the years with slightly volatile fluctuation. Other Assets are expected to dwindle to about 79.2 M. During the period from 2010 to 2024 DRDGOLD Limited Other Assets annual values regression line had geometric mean of  101,153,092 and mean square error of 71914.4 T. View All Fundamentals
 
Other Assets  
First Reported
2000-06-30
Previous Quarter
862.2 M
Current Value
1
Quarterly Volatility
266.4 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
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 0.21, Dividend Yield of 0.56 or PTB Ratio of 0.19. 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 Other Assets Growth Pattern

Below is the plot of the Other Assets of DRDGOLD Limited ADR over the last few years. It is DRDGOLD Limited's Other Assets 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.
Other Assets10 Years Trend
Slightly volatile
   Other Assets   
       Timeline  

DRDGOLD Other Assets Regression Statistics

Arithmetic Mean251,767,617
Geometric Mean101,153,092
Coefficient Of Variation113.00
Mean Deviation236,194,922
Median101,482,000
Standard Deviation284,491,971
Sample Variance80935.7T
Range763.7M
R-Value0.42
Mean Square Error71914.4T
R-Squared0.17
Significance0.12
Slope26,606,399
Total Sum of Squares1133099.5T

DRDGOLD Other Assets History

202479.2 M
202383.4 M
202272.5 M
2021765.7 M
2020698.5 M
2019669 M
2018625.1 M

About DRDGOLD Limited Financial Statements

DRDGOLD Limited stakeholders use historical fundamental indicators, such as DRDGOLD Limited's Other Assets, 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
Other Assets83.4 M79.2 M

Also Currently Popular

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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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
0.86
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.