Drdgold Stock Cash And Equivalents

Drdgold fundamentals help investors to digest information that contributes to Drdgold's financial success or failures. It also enables traders to predict the movement of Drdgold Pink Sheet. The fundamental analysis module provides a way to measure Drdgold'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 pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Drdgold Company Cash And Equivalents Analysis

Drdgold's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Cash

 = 

Bank Deposits

+

Liquidities

More About Cash And Equivalents | All Equity Analysis

Current Drdgold Cash And Equivalents

    
  2.53 B  
Most of Drdgold's fundamental indicators, such as Cash And Equivalents, 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 is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Competition

In accordance with the recently published financial statements, Drdgold has 2.53 B in Cash And Equivalents. This is much higher than that of the Basic Materials sector and significantly higher than that of the Gold industry. The cash and equivalents for all United States stocks is 6.37% higher than that of the company.

Drdgold Cash And Equivalents Peer Comparison

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

Drdgold Fundamentals

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Other Consideration for investing in Drdgold Pink Sheet

If you are still planning to invest in Drdgold check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Drdgold's history and understand the potential risks before investing.
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