DRDGOLD Limited ADR

NYSE DRD

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DRDGOLD Limited ADR Asset Turnover Ratio 1 year YoY Change (%) for the quarter ending December 31, 2023: -54.98%

DRDGOLD Limited ADR Asset Turnover Ratio 1 year YoY Change (%) is -54.98% for the quarter ending December 31, 2023, a -102.19% change year over year. The asset turnover ratio measures a company's efficiency in utilizing its assets to generate revenue. It is calculated by dividing the company's revenue by the average of its total assets and total non-current assets. This ratio indicates how effectively a company generates sales from its asset base. A higher ratio implies better asset utilization and revenue generation, while a lower ratio may suggest underutilization of assets or inefficient operations. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.
  • DRDGOLD Limited ADR Asset Turnover Ratio for the quarter ending December 31, 2019 was 0.97, a 61.35% change year over year.
NYSE: DRD

DRDGOLD Limited ADR

CEO Mr. Daniel Johannes Pretorius B.Proc., L.L.M., LLB
IPO Date Sept. 30, 1996
Location South Africa
Headquarters Cycad House, Johannesburg, South Africa, 1709
Employees 927
Sector Basic Materials
Industry Gold
Description

DRDGOLD Limited, a gold mining company, engages in the surface gold tailings retreatment business in South Africa. It also involved in the exploration, extraction, processing, and smelting activities. The company recovers gold from surface tailings in the Witwatersrand basin in Gauteng province. DRDGOLD Limited was formerly known as Durban Roodepoort Deep Limited and changed its name to DRDGOLD Limited in 2004. The company was incorporated in 1895 and is headquartered in Johannesburg, South Africa. DRDGOLD Limited is a subsidiary of Sibanye Gold Limited.

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StockViz Staff

September 19, 2024

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