Fury Historical Cash Flow
| FURY Stock | CAD 0.60 0.03 5.26% |
Analysis of Fury Gold cash flow over time is an excellent tool to project Fury Gold Mines future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Total Cash From Financing Activities of 11.8 M or End Period Cash Flow of 7.7 M as it is a great indicator of Fury Gold ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Fury Gold Mines latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Fury Gold Mines is a good buy for the upcoming year.
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About Fury Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Fury balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Fury's non-liquid assets can be easily converted into cash.
Fury Gold Cash Flow Chart
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Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Most accounts from Fury Gold's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts 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 cash flow statement accounts, 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 board of governors. At this time, Fury Gold's Sale Purchase Of Stock is very stable compared to the past year. As of the 30th of November 2024, Total Cashflows From Investing Activities is likely to grow to about 12.6 M, though Change In Cash is likely to grow to (2.8 M).
Fury Gold cash flow statement Correlations
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Fury Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fury Gold cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (993K) | 14.7M | (12.1M) | 7.1M | (3.0M) | (2.8M) | |
| Free Cash Flow | (11.6M) | (25.3M) | (17.4M) | (15.3M) | (12.5M) | (13.1M) | |
| Change In Working Capital | 285K | (896K) | 266K | (903K) | (184K) | (193.2K) | |
| Other Cashflows From Financing Activities | 10.5K | 7.7M | 152K | 10.9K | 7.8K | 7.4K | |
| Capital Expenditures | 36.5M | 1.5M | 960K | 12.8M | 87K | 1.3M | |
| Total Cash From Operating Activities | (10.6M) | (12.5M) | (17.3M) | (14.0M) | (12.5M) | (11.8M) | |
| Net Income | (13.9M) | (10.8M) | (16.8M) | 24.9M | (17.2M) | (16.4M) | |
| Total Cash From Financing Activities | 10.5K | 44.0M | 5.4M | 10.6M | 7.6M | 11.8M | |
| End Period Cash Flow | 660K | 15.4M | 3.3M | 10.3M | 7.3M | 7.7M | |
| Stock Based Compensation | 3.4M | 2.5M | 2.0M | 1.7M | 1.4M | 1.4M | |
| Begin Period Cash Flow | 1.7M | 660K | 15.4M | 3.3M | 10.3M | 10.8M | |
| Other Non Cash Items | (547K) | (239K) | (4.4M) | (3.2M) | 5.4M | 5.7M | |
| Change To Account Receivables | 3K | (582K) | 505K | (47K) | (5K) | (4.8K) | |
| Sale Purchase Of Stock | 7.5M | 27.7M | 5.5M | 10.9M | 9.8M | 13.8M | |
| Total Cashflows From Investing Activities | (917K) | (16.6M) | (186K) | 10.4M | 12.0M | 12.6M | |
| Other Cashflows From Investing Activities | (917K) | (2.4M) | 221K | 10.4M | 12.0M | 12.6M | |
| Change To Operating Activities | 100K | (242K) | 260K | (94K) | (108.1K) | (113.5K) | |
| Change To Netincome | (1.1M) | 2.8M | 2.2M | (1.2M) | (1.4M) | (1.3M) | |
| Change To Liabilities | 182K | (72K) | (499K) | (762K) | (685.8K) | (651.5K) |
Pair Trading with Fury Gold
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fury Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fury Gold will appreciate offsetting losses from the drop in the long position's value.Moving together with Fury Stock
Moving against Fury Stock
The ability to find closely correlated positions to Fury Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fury Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fury Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fury Gold Mines to buy it.
The correlation of Fury Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fury Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fury Gold Mines moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Fury Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 board of governors. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.