DRDGOLD Total Other Income Expense Net vs Net Interest Income 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 Total Other Income Expense Net and its Net Interest Income 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.

Total Other Income Expense Net vs Net Interest Income

Total Other Income Expense Net vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DRDGOLD Limited ADR Total Other Income Expense Net account and Net Interest Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between DRDGOLD Limited's Total Other Income Expense Net and Net Interest Income is 0.89. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Net Interest Income 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 Total Other Income Expense Net and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of DRDGOLD Limited ADR are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Total Other Income Expense Net i.e., DRDGOLD Limited's Total Other Income Expense Net and Net Interest Income go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Total Other Income Expense Net

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
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 Expense72.9M70.4M10.6M10.1M
Depreciation And Amortization267.6M217.5M270.4M176.0M

DRDGOLD Limited fundamental ratios Correlations

-0.120.40.891.00.93-0.590.730.920.590.960.310.590.870.740.770.96-0.250.840.960.69-0.240.640.590.840.62
-0.120.0-0.13-0.15-0.140.04-0.26-0.230.01-0.140.140.01-0.24-0.07-0.02-0.19-0.07-0.07-0.14-0.020.72-0.110.11-0.44-0.21
0.40.00.560.440.07-0.890.170.110.890.14-0.040.890.110.690.310.44-0.230.430.160.86-0.070.460.610.360.56
0.89-0.130.560.880.78-0.620.560.80.610.810.180.620.750.880.880.89-0.280.960.790.74-0.230.70.760.780.55
1.0-0.150.440.880.91-0.630.770.890.640.930.30.640.860.750.750.95-0.250.830.950.73-0.250.640.580.830.68
0.93-0.140.070.780.91-0.250.710.980.261.00.350.260.920.530.710.88-0.20.760.980.39-0.230.520.410.770.47
-0.590.04-0.89-0.62-0.63-0.25-0.38-0.25-1.0-0.32-0.08-1.0-0.27-0.78-0.47-0.60.22-0.54-0.4-0.980.14-0.53-0.64-0.51-0.63
0.73-0.260.170.560.770.71-0.380.670.380.720.440.380.730.290.320.6-0.20.430.790.45-0.270.430.10.560.86
0.92-0.230.110.80.890.98-0.250.670.250.980.320.250.930.540.720.89-0.240.780.940.38-0.330.570.440.820.45
0.590.010.890.610.640.26-1.00.380.250.330.091.00.270.770.470.6-0.220.540.40.98-0.10.520.650.50.63
0.96-0.140.140.810.931.0-0.320.720.980.330.330.330.920.580.730.91-0.210.790.980.45-0.240.550.440.790.51
0.310.14-0.040.180.30.35-0.080.440.320.090.330.090.45-0.090.110.150.040.150.390.120.010.4-0.080.090.35
0.590.010.890.620.640.26-1.00.380.251.00.330.090.280.780.470.6-0.220.550.410.98-0.10.530.650.50.63
0.87-0.240.110.750.860.92-0.270.730.930.270.920.450.280.460.650.82-0.220.720.910.4-0.330.50.370.740.48
0.74-0.070.690.880.750.53-0.780.290.540.770.58-0.090.780.460.870.81-0.260.90.590.86-0.190.640.880.720.39
0.77-0.020.310.880.750.71-0.470.320.720.470.730.110.470.650.870.82-0.260.980.720.61-0.220.630.810.730.2
0.96-0.190.440.890.950.88-0.60.60.890.60.910.150.60.820.810.82-0.370.870.90.7-0.320.670.710.910.52
-0.25-0.07-0.23-0.28-0.25-0.20.22-0.2-0.24-0.22-0.210.04-0.22-0.22-0.26-0.26-0.37-0.28-0.22-0.260.25-0.32-0.61-0.41-0.25
0.84-0.070.430.960.830.76-0.540.430.780.540.790.150.550.720.90.980.87-0.280.770.68-0.230.680.810.770.36
0.96-0.140.160.790.950.98-0.40.790.940.40.980.390.410.910.590.720.9-0.220.770.52-0.230.570.440.790.57
0.69-0.020.860.740.730.39-0.980.450.380.980.450.120.980.40.860.610.7-0.260.680.52-0.140.60.730.60.64
-0.240.72-0.07-0.23-0.25-0.230.14-0.27-0.33-0.1-0.240.01-0.1-0.33-0.19-0.22-0.320.25-0.23-0.23-0.14-0.37-0.16-0.58-0.24
0.64-0.110.460.70.640.52-0.530.430.570.520.550.40.530.50.640.630.67-0.320.680.570.6-0.370.60.660.51
0.590.110.610.760.580.41-0.640.10.440.650.44-0.080.650.370.880.810.71-0.610.810.440.73-0.160.60.630.21
0.84-0.440.360.780.830.77-0.510.560.820.50.790.090.50.740.720.730.91-0.410.770.790.6-0.580.660.630.49
0.62-0.210.560.550.680.47-0.630.860.450.630.510.350.630.480.390.20.52-0.250.360.570.64-0.240.510.210.49
Click cells to compare fundamentals

DRDGOLD Limited Account Relationship Matchups

DRDGOLD Limited fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.7B6.3B7.1B8.2B9.5B9.9B
Short Long Term Debt Total47.1M54.8M52.3M39.7M29.2M27.7M
Other Current Liab257M152.4M169.1M175.1M(1.2M)(1.1M)
Total Current Liabilities745.9M531.5M625.5M718.7M953.5M547.2M
Total Stockholder Equity4.0B4.8B5.4B6.3B6.9B7.2B
Property Plant And Equipment Net2.6B2.8B3.1B3.9B6.8B7.1B
Net Debt(1.7B)(2.1B)(2.5B)(2.4B)(480M)(504M)
Retained Earnings(2.1B)(1.3B)(733.4M)86.2M697.2M732.1M
Accounts Payable478.8M352.9M429.1M525.1M917.4M963.3M
Cash1.7B2.2B2.5B2.5B509.2M596.9M
Non Current Assets Total3.5B3.7B4.0B4.9B8.0B8.4B
Non Currrent Assets Other35M40.5M40.4M39.7M958.1M1.0B
Cash And Short Term Investments1.7B2.2B2.5B2.5B521.5M597.3M
Net Receivables151.3M56.5M142.9M288.6M353M370.7M
Common Stock Shares Outstanding78.4M86.1M86.1M86.5M86.6M43.5M
Liabilities And Stockholders Equity5.7B6.3B7.1B8.2B9.5B9.9B
Non Current Liabilities Total889.1M996.1M1.0B1.2B1.6B817.4M
Inventory323.4M340M389.3M413.6M460M483M
Other Stockholder Equity(51.0M)(101.5M)(70.7M)(21M)(18.9M)(18.0M)
Total Liab1.6B1.5B1.6B1.9B2.6B1.4B
Property Plant And Equipment Gross2.6B4.9B5.2B6.2B9.3B9.8B
Total Current Assets2.2B2.7B3.1B3.2B1.5B968.5M
Accumulated Other Comprehensive Income50.5M50.5M35.1M20.5M23.6M24.8M
Short Term Debt10.1M16.9M19.5M11.3M6.9M6.6M
Other Current Assets128.2M96.2M162.1M40.6M159.1M83.0M
Other Liab852.1M958.2M980M1.1B1.3B1.4B
Property Plant Equipment2.6B2.8B3.1B3.9B4.5B4.7B
Other Assets669M698.5M765.7M72.5M83.4M79.2M
Net Tangible Assets4.0B4.8B5.4B6.3B7.2B7.6B
Long Term Investments821.3M819.3M862.2M958.3M1.1B1.1B
Long Term Debt Total37M37.9M32.8M28.4M32.7M24.9M
Capital Lease Obligations47.1M54.8M52.3M39.7M29.2M31.3M

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 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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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.