Drdgold Limited Adr Stock Total Asset

DRD Stock  USD 9.69  0.01  0.10%   
DRDGOLD Limited ADR fundamentals help investors to digest information that contributes to DRDGOLD Limited's financial success or failures. It also enables traders to predict the movement of DRDGOLD Stock. The fundamental analysis module provides a way to measure DRDGOLD Limited's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to DRDGOLD Limited stock.
Last ReportedProjected for Next Year
Total Assets9.5 B9.9 B
Intangibles To Total Assets 0.62  0.65 
The current year's Total Assets is expected to grow to about 9.9 B. The current year's Intangibles To Total Assets is expected to grow to 0.65.
  
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DRDGOLD Limited ADR Company Total Asset Analysis

DRDGOLD Limited's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

 = 

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current DRDGOLD Limited Total Asset

    
  9.45 B  
Most of DRDGOLD Limited's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, DRDGOLD Limited ADR is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

DRDGOLD Total Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for DRDGOLD Limited is extremely important. It helps to project a fair market value of DRDGOLD Stock properly, considering its historical fundamentals such as Total Asset. Since DRDGOLD Limited's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of DRDGOLD Limited's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of DRDGOLD Limited's interrelated accounts and indicators.
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DRDGOLD Total Asset Historical Pattern

Today, most investors in DRDGOLD Limited Stock are looking for potential investment opportunities by analyzing not only static indicators but also various DRDGOLD Limited's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of DRDGOLD Limited total asset as a starting point in their analysis.
   DRDGOLD Limited Total Asset   
       Timeline  
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

DRDGOLD Total Assets

Total Assets

9.92 Billion

At present, DRDGOLD Limited's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, DRDGOLD Limited ADR has a Total Asset of 9.45 B. This is 45.8% lower than that of the Metals & Mining sector and 196.55% higher than that of the Materials industry. The total asset for all United States stocks is 67.93% higher than that of the company.

DRDGOLD Total Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses DRDGOLD Limited's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of DRDGOLD Limited could also be used in its relative valuation, which is a method of valuing DRDGOLD Limited by comparing valuation metrics of similar companies.
DRDGOLD Limited is currently under evaluation in total asset category among its peers.

DRDGOLD Limited Current Valuation Drivers

We derive many important indicators used in calculating different scores of DRDGOLD Limited from analyzing DRDGOLD Limited's financial statements. These drivers represent accounts that assess DRDGOLD Limited's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of DRDGOLD Limited's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap2.1B1.3B849.3M1.7B13.6B14.3B
Enterprise Value444.7M(839.5M)(1.6B)(697.1M)13.1B13.8B

DRDGOLD Limited ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, DRDGOLD Limited's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to DRDGOLD Limited's managers, analysts, and investors.
Environmental
Governance
Social

DRDGOLD Limited Institutional Holders

Institutional Holdings refers to the ownership stake in DRDGOLD Limited that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of DRDGOLD Limited's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing DRDGOLD Limited's value.
Shares
Guggenheim Capital Llc2024-06-30
102.2 K
Vident Advisory, Llc2024-06-30
98.5 K
Walleye Trading Advisors, Llc2024-06-30
90.9 K
Jpmorgan Chase & Co2024-06-30
83.4 K
Amvescap Plc.2024-06-30
81.9 K
Dimensional Fund Advisors, Inc.2024-09-30
80.3 K
Group One Trading, Lp2024-06-30
54.7 K
Campbell & Co Investment Adviser Llc2024-09-30
47.2 K
Ajovista Llc2024-06-30
44.9 K
Van Eck Associates Corporation2024-06-30
5.3 M
Renaissance Technologies Corp2024-09-30
720.7 K

DRDGOLD Fundamentals

About DRDGOLD Limited Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze DRDGOLD Limited ADR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of DRDGOLD Limited using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of DRDGOLD Limited ADR based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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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 DRDGOLD Limited Piotroski F Score and DRDGOLD Limited Altman Z Score analysis.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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.