DRDGOLD Interest Coverage vs Free Cash Flow Yield Analysis
DRD Stock | USD 9.52 0.18 1.86% |
DRDGOLD Limited financial indicator trend analysis is much more than just examining DRDGOLD Limited ADR latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DRDGOLD Limited ADR is a good investment. Please check the relationship between DRDGOLD Limited Interest Coverage and its Free Cash Flow Yield accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DRDGOLD Limited ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Interest Coverage vs Free Cash Flow Yield
Interest Coverage vs Free Cash Flow Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DRDGOLD Limited ADR Interest Coverage account and Free Cash Flow Yield. At this time, the significance of the direction appears to have almost no relationship.
The correlation between DRDGOLD Limited's Interest Coverage and Free Cash Flow Yield is 0.1. Overlapping area represents the amount of variation of Interest Coverage that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of DRDGOLD Limited ADR, assuming nothing else is changed. The correlation between historical values of DRDGOLD Limited's Interest Coverage and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Coverage of DRDGOLD Limited ADR are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Interest Coverage i.e., DRDGOLD Limited's Interest Coverage and Free Cash Flow Yield go up and down completely randomly.
Correlation Coefficient | 0.1 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Interest Coverage
Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Most indicators from DRDGOLD Limited's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DRDGOLD Limited ADR current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DRDGOLD Limited ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. At present, DRDGOLD Limited's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 0.43, whereas Selling General Administrative is forecasted to decline to about 140.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 72.9M | 70.4M | 10.6M | 10.1M | Depreciation And Amortization | 267.6M | 217.5M | 270.4M | 176.0M |
DRDGOLD Limited fundamental ratios Correlations
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DRDGOLD Limited Account Relationship Matchups
High Positive Relationship
High Negative Relationship
DRDGOLD Limited fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.7B | 6.3B | 7.1B | 8.2B | 9.5B | 9.9B | |
Short Long Term Debt Total | 47.1M | 54.8M | 52.3M | 39.7M | 29.2M | 27.7M | |
Other Current Liab | 257M | 152.4M | 169.1M | 175.1M | (1.2M) | (1.1M) | |
Total Current Liabilities | 745.9M | 531.5M | 625.5M | 718.7M | 953.5M | 547.2M | |
Total Stockholder Equity | 4.0B | 4.8B | 5.4B | 6.3B | 6.9B | 7.2B | |
Property Plant And Equipment Net | 2.6B | 2.8B | 3.1B | 3.9B | 6.8B | 7.1B | |
Net Debt | (1.7B) | (2.1B) | (2.5B) | (2.4B) | (480M) | (504M) | |
Retained Earnings | (2.1B) | (1.3B) | (733.4M) | 86.2M | 697.2M | 732.1M | |
Accounts Payable | 478.8M | 352.9M | 429.1M | 525.1M | 917.4M | 963.3M | |
Cash | 1.7B | 2.2B | 2.5B | 2.5B | 509.2M | 596.9M | |
Non Current Assets Total | 3.5B | 3.7B | 4.0B | 4.9B | 8.0B | 8.4B | |
Non Currrent Assets Other | 35M | 40.5M | 40.4M | 39.7M | 958.1M | 1.0B | |
Cash And Short Term Investments | 1.7B | 2.2B | 2.5B | 2.5B | 521.5M | 597.3M | |
Net Receivables | 151.3M | 56.5M | 142.9M | 288.6M | 353M | 370.7M | |
Common Stock Shares Outstanding | 78.4M | 86.1M | 86.1M | 86.5M | 86.6M | 43.5M | |
Liabilities And Stockholders Equity | 5.7B | 6.3B | 7.1B | 8.2B | 9.5B | 9.9B | |
Non Current Liabilities Total | 889.1M | 996.1M | 1.0B | 1.2B | 1.6B | 817.4M | |
Inventory | 323.4M | 340M | 389.3M | 413.6M | 460M | 483M | |
Other Stockholder Equity | (51.0M) | (101.5M) | (70.7M) | (21M) | (18.9M) | (18.0M) | |
Total Liab | 1.6B | 1.5B | 1.6B | 1.9B | 2.6B | 1.4B | |
Property Plant And Equipment Gross | 2.6B | 4.9B | 5.2B | 6.2B | 9.3B | 9.8B | |
Total Current Assets | 2.2B | 2.7B | 3.1B | 3.2B | 1.5B | 968.5M | |
Accumulated Other Comprehensive Income | 50.5M | 50.5M | 35.1M | 20.5M | 23.6M | 24.8M | |
Short Term Debt | 10.1M | 16.9M | 19.5M | 11.3M | 6.9M | 6.6M | |
Other Current Assets | 128.2M | 96.2M | 162.1M | 40.6M | 159.1M | 83.0M | |
Other Liab | 852.1M | 958.2M | 980M | 1.1B | 1.3B | 1.4B | |
Property Plant Equipment | 2.6B | 2.8B | 3.1B | 3.9B | 4.5B | 4.7B | |
Other Assets | 669M | 698.5M | 765.7M | 72.5M | 83.4M | 79.2M | |
Net Tangible Assets | 4.0B | 4.8B | 5.4B | 6.3B | 7.2B | 7.6B | |
Long Term Investments | 821.3M | 819.3M | 862.2M | 958.3M | 1.1B | 1.1B | |
Long Term Debt Total | 37M | 37.9M | 32.8M | 28.4M | 32.7M | 24.9M | |
Capital Lease Obligations | 47.1M | 54.8M | 52.3M | 39.7M | 29.2M | 31.3M |
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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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DRDGOLD Limited ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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.