Fury Net Tangible Assets vs Other Liab Analysis

FURY Stock  USD 0.37  0.01  2.63%   
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 Tangible Assets and its Other Liab 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 Tangible Assets vs Other Liab

Net Tangible Assets vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fury Gold Mines Net Tangible Assets account and Other Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Fury Gold's Net Tangible Assets and Other Liab is 0.97. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Other Liab 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 Tangible Assets and Other Liab 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 Tangible Assets of Fury Gold Mines are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Net Tangible Assets i.e., Fury Gold's Net Tangible Assets and Other Liab go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Other Liab

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 2025, whereas Selling General Administrative is likely to drop slightly above 1.4 M in 2025.

Fury Gold fundamental ratios Correlations

0.491.0-0.72-0.870.50.811.00.550.80.660.960.860.950.80.820.420.520.930.910.970.980.170.880.820.91
0.490.46-0.62-0.62-0.130.650.470.410.670.660.340.560.340.910.680.960.420.620.590.540.530.50.570.520.45
1.00.46-0.71-0.860.510.81.00.540.790.650.960.850.950.780.810.390.510.920.910.970.980.160.870.810.91
-0.72-0.62-0.710.58-0.12-0.97-0.7-0.42-0.97-0.75-0.56-0.69-0.53-0.72-0.96-0.67-0.4-0.71-0.68-0.66-0.67-0.62-0.73-0.77-0.73
-0.87-0.62-0.860.58-0.27-0.69-0.87-0.72-0.68-0.46-0.89-0.87-0.9-0.86-0.69-0.49-0.46-0.86-0.83-0.94-0.94-0.11-0.89-0.77-0.81
0.5-0.130.51-0.12-0.270.190.510.260.20.280.540.240.510.150.24-0.190.490.370.350.420.45-0.20.180.10.27
0.810.650.8-0.97-0.690.190.790.451.00.730.680.750.660.80.990.640.440.750.720.770.780.580.780.780.8
1.00.471.0-0.7-0.870.510.790.550.780.640.960.860.960.790.790.390.50.920.910.970.980.150.880.810.91
0.550.410.54-0.42-0.720.260.450.550.450.270.610.70.590.570.460.380.350.590.560.630.630.110.640.570.55
0.80.670.79-0.97-0.680.21.00.780.450.740.670.740.650.811.00.660.460.750.720.760.770.60.770.770.8
0.660.660.65-0.75-0.460.280.730.640.270.740.440.630.420.710.770.690.670.760.780.590.570.340.590.590.5
0.960.340.96-0.56-0.890.540.680.960.610.670.440.831.00.70.680.220.470.840.820.960.970.020.840.740.88
0.860.560.85-0.69-0.870.240.750.860.70.740.630.830.810.780.750.480.460.90.910.890.880.190.940.890.83
0.950.340.95-0.53-0.90.510.660.960.590.650.421.00.810.70.660.220.420.840.820.960.970.020.840.750.89
0.80.910.78-0.72-0.860.150.80.790.570.810.710.70.780.70.820.830.510.840.820.840.830.380.80.720.73
0.820.680.81-0.96-0.690.240.990.790.461.00.770.680.750.660.820.660.530.770.740.770.780.570.770.760.78
0.420.960.39-0.67-0.49-0.190.640.390.380.660.690.220.480.220.830.660.360.570.550.450.430.550.510.510.4
0.520.420.51-0.4-0.460.490.440.50.350.460.670.470.460.420.510.530.360.590.530.470.49-0.040.340.220.2
0.930.620.92-0.71-0.860.370.750.920.590.750.760.840.90.840.840.770.570.590.970.90.910.190.910.860.81
0.910.590.91-0.68-0.830.350.720.910.560.720.780.820.910.820.820.740.550.530.970.910.890.110.910.860.81
0.970.540.97-0.66-0.940.420.770.970.630.760.590.960.890.960.840.770.450.470.90.910.990.110.90.810.91
0.980.530.98-0.67-0.940.450.780.980.630.770.570.970.880.970.830.780.430.490.910.890.990.150.90.810.91
0.170.50.16-0.62-0.11-0.20.580.150.110.60.340.020.190.020.380.570.55-0.040.190.110.110.150.330.430.34
0.880.570.87-0.73-0.890.180.780.880.640.770.590.840.940.840.80.770.510.340.910.910.90.90.330.970.91
0.820.520.81-0.77-0.770.10.780.810.570.770.590.740.890.750.720.760.510.220.860.860.810.810.430.970.9
0.910.450.91-0.73-0.810.270.80.910.550.80.50.880.830.890.730.780.40.20.810.810.910.910.340.910.9
Click cells to compare fundamentals

Fury Gold Account Relationship Matchups

Fury Gold fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets182.1M167.0M200.6M189.2M217.6M228.4M
Total Current Liabilities11.3M5.1M1.3M1.7M2.0M1.8M
Total Stockholder Equity166.3M157.4M194.8M182.9M210.3M220.8M
Net Debt(15.1M)(2.8M)(9.9M)(7.1M)(6.4M)(6.1M)
Retained Earnings(140.0M)(156.7M)(131.8M)(149.1M)(134.1M)(127.4M)
Accounts Payable3.2K1.7K908.0931K1.1M1.1M
Cash15.4M3.3M10.3M7.3M8.4M8.8M
Non Current Assets Total162.4M162.3M188.7M179.7M206.7M217.0M
Non Currrent Assets Other243K316K186K255K293.3K206.7K
Cash And Short Term Investments18.0M3.9M10.9M8.5M9.8M10.2M
Net Receivables827K322K369K374K430.1K222.1K
Common Stock Shares Outstanding80.4M119.7M139.5M144.2M165.8M174.1M
Liabilities And Stockholders Equity182.1M167.0M200.6M189.2M217.6M228.4M
Non Current Liabilities Total4.5M4.5M4.5M4.6M5.3M2.8M
Other Stockholder Equity11.5M18.6M20.3M21.7M24.9M26.2M
Total Liab15.8M9.7M5.8M6.3M7.2M7.6M
Total Current Assets19.6M4.7M11.9M9.4M10.9M11.4M
Other Current Liab11.2M5.0M1.1M647K744.1K706.8K
Other Current Assets785K502K602K592K680.8K465.5K
Property Plant And Equipment Net162.0M161.9M146.1M143.2M164.7M85.6M
Property Plant And Equipment Gross162.0M163.4M148.0M145.5M167.3M94.7M
Accumulated Other Comprehensive Income11.5M18.6M(3K)(9K)(10.4K)(9.8K)
Common Stock294.7M295.5M306.3M310.3M356.8M374.7M
Short Term Investments2.7M605K582K1.2M1.3M870.2K
Other Liab1.9M2.1M4.3M4.2M4.8M2.9M
Net Tangible Assets40.5M36.8M166.3M157.4M181.0M92.4M
Property Plant Equipment40.6M41.0M162.0M161.9M186.2M195.5M
Net Invested Capital166.3M157.4M194.8M182.9M210.3M138.5M
Net Working Capital8.4M(428K)10.6M7.7M8.9M4.5M
Capital Stock294.7M295.5M306.3M310.3M356.8M267.3M
Short Long Term Debt Total248K461K387K228K205.2K194.9K
Current Deferred Revenue(3.2K)(1.7K)(908.0)(931.0)(1.1K)(1.1K)
Short Term Debt55K104K160K154K138.6K131.7K

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