DRDGOLD Limited - Asset Resilience Ratio

Latest as of December 2022: 32.89%

DRDGOLD Limited (DRD) has an Asset Resilience Ratio of 32.89% as of December 2022. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. For the complete balance sheet picture, see balance sheet size of DRDGOLD Limited.

Liquid Assets

ZAC2.39 Billion
≈ $1.27 Million USD Cash + Short-term Investments

Total Assets

ZAC7.27 Billion
≈ $3.87 Million USD All company assets

Resilience Assessment

Very High
Financial Resilience Level

Asset Resilience Ratio Trend (2010–2022)

This chart shows how DRDGOLD Limited's Asset Resilience Ratio has changed over time. Read debt load of DRDGOLD Limited for a breakdown of total debt and financial obligations.

Liquid Assets Composition Over Time

This chart breaks down DRDGOLD Limited's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. See defensive interval ratio of DRDGOLD Limited to measure how many days the company can operate on defensive assets alone.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents ZAC2.39 Billion 32.89%
Short-term Investments ZAC0.00 0%
Total Liquid Assets ZAC2.39 Billion 32.89%

Asset Resilience Insights

  • Very High Liquidity: DRDGOLD Limited maintains exceptional liquid asset reserves at 32.89% of total assets.
  • This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
  • The company primarily holds liquidity in cash and equivalents rather than short-term investments.

DRDGOLD Limited Industry Peers by Asset Resilience Ratio

Compare DRDGOLD Limited's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
AngloGold Ashanti Ltd
JSE:ANG
Gold 13.83%
Coeur Mining Inc
NYSE:CDE
Gold 11.79%
Franco-Nevada Corporation
TO:FNV
Gold 5.92%
Eldorado Gold Corp
TO:ELD
Gold 0.00%
OceanaGold Corporation
TO:OGC
Gold 13.91%
G Mining Ventures Corp.
TO:GMIN
Gold 6.91%
Westgold Resources Ltd
AU:WGX
Gold 0.06%
Montage Gold Corp.
TO:MAU
Gold 0.67%

Annual Asset Resilience Ratio for DRDGOLD Limited (2010–2022)

The table below shows the annual Asset Resilience Ratio data for DRDGOLD Limited.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2022-06-30 25.64% ZAC1.81 Billion
≈ $964.47K
ZAC7.08 Billion
≈ $3.76 Million
+1.57pp
2021-06-30 24.07% ZAC1.53 Billion
≈ $811.95K
ZAC6.35 Billion
≈ $3.37 Million
+4.88pp
2020-06-30 19.19% ZAC1.09 Billion
≈ $578.80K
ZAC5.68 Billion
≈ $3.02 Million
+27.46pp
2019-06-30 -8.27% ZAC-335.60 Million
≈ $-178.35K
ZAC4.06 Billion
≈ $2.16 Million
-21.06pp
2018-06-30 12.80% ZAC302.10 Million
≈ $160.55K
ZAC2.36 Billion
≈ $1.25 Million
+1.71pp
2017-06-30 11.09% ZAC253.70 Million
≈ $134.83K
ZAC2.29 Billion
≈ $1.22 Million
+10.51pp
2010-06-30 0.58% ZAC15.00 Million
≈ $7.97K
ZAC2.59 Billion
≈ $1.38 Million
--
pp = percentage points

About DRDGOLD Limited

JSE:DRD South Africa Gold
Market Cap
$2.24 Billion
ZAC4.21 Trillion ZAC
Market Cap Rank
#5851 Global
#44 in South Africa
Share Price
ZAC4861.00
Change (1 day)
+20.86%
52-Week Range
ZAC3080.00 - ZAC6233.00
All Time High
ZAC6233.00
About

DRDGOLD Limited, a gold mining company, engages in the extraction of gold from the retreatment of surface mine tailings in South Africa. It sells gold and silver bullion. It is involved in provision care and maintenance services; produces renewable power; employee home loans; and operation of training center. The company was formerly known as Durban Roodepoort Deep Limited and changed its name to… Read more