Fury Cash vs Property Plant And Equipment Net Analysis
FURY Stock | USD 0.42 0.01 2.44% |
Fury Gold financial indicator trend analysis is much more than just examining Fury Gold Mines latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fury Gold Mines is a good investment. Please check the relationship between Fury Gold Cash and its Property Plant And Equipment Net accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fury Gold Mines. 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.
Cash vs Property Plant And Equipment Net
Cash vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fury Gold Mines Cash account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Fury Gold's Cash and Property Plant And Equipment Net is 0.74. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Fury Gold Mines, assuming nothing else is changed. The correlation between historical values of Fury Gold's Cash and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Fury Gold Mines are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Cash i.e., Fury Gold's Cash and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.74 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cash
Cash refers to the most liquid asset of Fury Gold Mines, which is listed under current asset account on Fury Gold Mines balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Fury Gold customers. The amounts must be unrestricted with restricted cash listed in a different Fury Gold account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most indicators from Fury Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fury Gold Mines 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 Fury Gold Mines. 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 this time, Fury Gold's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 10.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.2 M in 2024.
Fury Gold fundamental ratios Correlations
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Fury Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fury Gold fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 43.0M | 182.1M | 167.0M | 200.6M | 189.2M | 198.6M | |
Total Current Liabilities | 4.0M | 11.3M | 5.1M | 1.3M | 1.7M | 1.8M | |
Total Stockholder Equity | 36.8M | 166.3M | 157.4M | 194.8M | 182.9M | 192.0M | |
Net Debt | 2.3M | (15.1M) | (2.8M) | (9.9M) | (7.1M) | (6.7M) | |
Retained Earnings | (102.6M) | (140.0M) | (156.7M) | (131.8M) | (149.1M) | (141.6M) | |
Accounts Payable | 832.0 | 3.2K | 1.7K | 908.0 | 931K | 977.6K | |
Cash | 660K | 15.4M | 3.3M | 10.3M | 7.3M | 7.7M | |
Non Current Assets Total | 41.3M | 162.4M | 162.3M | 188.7M | 179.7M | 188.7M | |
Non Currrent Assets Other | 149K | 243K | 316K | 186K | 255K | 206.7K | |
Cash And Short Term Investments | 1.0M | 18.0M | 3.9M | 10.9M | 8.5M | 8.9M | |
Net Receivables | 55K | 827K | 322K | 369K | 374K | 222.1K | |
Common Stock Shares Outstanding | 63.5M | 80.4M | 119.7M | 139.5M | 144.2M | 151.4M | |
Liabilities And Stockholders Equity | 43.0M | 182.1M | 167.0M | 200.6M | 189.2M | 198.6M | |
Non Current Liabilities Total | 2.1M | 4.5M | 4.5M | 4.5M | 4.6M | 2.8M | |
Other Stockholder Equity | 10.0M | 11.5M | 18.6M | 20.3M | 21.7M | 22.7M | |
Total Liab | 6.1M | 15.8M | 9.7M | 5.8M | 6.3M | 3.4M | |
Total Current Assets | 1.7M | 19.6M | 4.7M | 11.9M | 9.4M | 4.7M | |
Other Current Liab | 1.1M | 11.2M | 5.0M | 1.1M | 647K | 614.7K | |
Other Current Assets | 651K | 785K | 502K | 602K | 966K | 492.9K | |
Property Plant And Equipment Net | 41.0M | 162.0M | 161.9M | 146.1M | 143.2M | 85.6M | |
Property Plant And Equipment Gross | 41.0M | 162.0M | 163.4M | 148.0M | 145.5M | 94.7M | |
Accumulated Other Comprehensive Income | 22K | 11.5M | 18.6M | (3K) | (9K) | (8.6K) | |
Common Stock Total Equity | 105.9M | 122.0M | 129.4M | 294.7M | 338.9M | 355.9M | |
Common Stock | 129.4M | 294.7M | 295.5M | 306.3M | 310.3M | 325.8M | |
Short Term Investments | 346K | 2.7M | 605K | 582K | 1.2M | 870.2K | |
Other Liab | 1.9M | 2.1M | 4.3M | 4.2M | 4.8M | 2.9M | |
Net Tangible Assets | 40.5M | 36.8M | 166.3M | 157.4M | 181.0M | 92.4M | |
Property Plant Equipment | 40.6M | 41.0M | 162.0M | 161.9M | 186.2M | 195.5M | |
Net Invested Capital | 39.8M | 166.3M | 157.4M | 194.8M | 182.9M | 138.5M | |
Net Working Capital | (2.3M) | 8.4M | (428K) | 10.6M | 7.7M | 4.5M | |
Capital Stock | 129.4M | 294.7M | 295.5M | 306.3M | 310.3M | 267.3M |
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When running Fury Gold's price analysis, check to measure Fury Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fury Gold is operating at the current time. Most of Fury Gold's value examination focuses on studying past and present price action to predict the probability of Fury Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fury Gold's price. Additionally, you may evaluate how the addition of Fury Gold to your portfolios can decrease your overall portfolio volatility.