Fury Net Debt vs Common Stock Total Equity 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 Net Debt and its Common Stock Total Equity 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.
Net Debt vs Common Stock Total Equity
Net Debt vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fury Gold Mines Net Debt account and Common Stock Total Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Fury Gold's Net Debt and Common Stock Total Equity is -0.67. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Common Stock Total Equity 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 Net Debt and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Fury Gold Mines are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Net Debt i.e., Fury Gold's Net Debt and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | -0.67 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.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.