Fury Gold Mines Stock Debt To Equity

FURY Stock

USD 0.42 0.01 2.44%

Fury Gold Mines fundamentals help investors to digest information that contributes to Fury Gold's financial success or failures. It also enables traders to predict the movement of Fury Stock. The fundamental analysis module provides a way to measure Fury Gold'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 Fury Gold stock.

		Last Reported	Projected for Next Year
	Debt To Equity	0.07	0.06

Debt To Equity is likely to drop to 0.06 in 2024.

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Fury Gold Mines Company Debt To Equity Analysis

Fury Gold's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.

D/E

Total Debt

Total Equity

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Current Fury Gold Debt To Equity

0 %

Most of Fury Gold's fundamental indicators, such as Debt To Equity, 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, Fury Gold Mines is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Fury Debt To Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Fury Gold is extremely important. It helps to project a fair market value of Fury Stock properly, considering its historical fundamentals such as Debt To Equity. Since Fury Gold's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Fury Gold's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Fury Gold's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Common Stock	Short Term Investments	Net Tangible Assets	Property Plant Equipment	Net Invested Capital	Net Working Capital	Capital Stock	Current Deferred Revenue	Short Long Term Debt	Short Term Debt	Intangible Assets
Total Assets		1.0	-0.75	-0.87	0.37	0.67	0.74	0.72	0.98	0.13	0.81	0.89	0.77	0.5	0.93	-0.48	-0.53	-0.94	-0.53
Total Stockholder Equity	1.0		-0.74	-0.87	0.38	0.66	0.72	0.71	0.97	0.11	0.8	0.89	0.78	0.51	0.93	-0.46	-0.54	-0.93	-0.54
Net Debt	-0.75	-0.74		0.57	-0.07	-0.74	-0.69	-0.95	-0.69	-0.61	-0.77	-0.74	-0.77	-0.81	-0.77	0.7	0.27	0.77	0.27
Retained Earnings	-0.87	-0.87	0.57		-0.19	-0.42	-0.8	-0.6	-0.96	-0.07	-0.75	-0.82	-0.55	-0.22	-0.88	0.49	0.46	0.88	0.46
Accounts Payable	0.37	0.38	-0.07	-0.19		0.23	-0.02	0.01	0.31	-0.3	-0.05	0.14	-0.01	0.08	0.09	0.22	-0.55	-0.11	-0.55
Net Receivables	0.67	0.66	-0.74	-0.42	0.23		0.72	0.81	0.57	0.32	0.56	0.46	0.57	0.5	0.55	-0.69	-0.05	-0.55	-0.05
Total Liab	0.74	0.72	-0.69	-0.8	-0.02	0.72		0.8	0.78	0.38	0.72	0.62	0.51	0.24	0.75	-0.87	-0.05	-0.74	-0.05
Total Current Assets	0.72	0.71	-0.95	-0.6	0.01	0.81	0.8		0.68	0.59	0.75	0.64	0.69	0.7	0.73	-0.76	-0.09	-0.71	-0.09
Common Stock	0.98	0.97	-0.69	-0.96	0.31	0.57	0.78	0.68		0.1	0.8	0.89	0.7	0.39	0.94	-0.5	-0.53	-0.94	-0.53
Short Term Investments	0.13	0.11	-0.61	-0.07	-0.3	0.32	0.38	0.59	0.1		0.39	0.3	0.38	0.44	0.27	-0.65	-0.02	-0.28	-0.02
Net Tangible Assets	0.81	0.8	-0.77	-0.75	-0.05	0.56	0.72	0.75	0.8	0.39		0.89	0.92	0.61	0.95	-0.59	-0.26	-0.92	-0.26
Property Plant Equipment	0.89	0.89	-0.74	-0.82	0.14	0.46	0.62	0.64	0.89	0.3	0.89		0.87	0.55	0.97	-0.48	-0.63	-0.98	-0.63
Net Invested Capital	0.77	0.78	-0.77	-0.55	-0.01	0.57	0.51	0.69	0.7	0.38	0.92	0.87		0.76	0.87	-0.44	-0.33	-0.86	-0.33
Net Working Capital	0.5	0.51	-0.81	-0.22	0.08	0.5	0.24	0.7	0.39	0.44	0.61	0.55	0.76		0.54	-0.27	-0.21	-0.52	-0.21
Capital Stock	0.93	0.93	-0.77	-0.88	0.09	0.55	0.75	0.73	0.94	0.27	0.95	0.97	0.87	0.54		-0.55	-0.46	-0.99	-0.46
Current Deferred Revenue	-0.48	-0.46	0.7	0.49	0.22	-0.69	-0.87	-0.76	-0.5	-0.65	-0.59	-0.48	-0.44	-0.27	-0.55		-0.07	0.57	-0.07
Short Long Term Debt	-0.53	-0.54	0.27	0.46	-0.55	-0.05	-0.05	-0.09	-0.53	-0.02	-0.26	-0.63	-0.33	-0.21	-0.46	-0.07		0.52	1.0
Short Term Debt	-0.94	-0.93	0.77	0.88	-0.11	-0.55	-0.74	-0.71	-0.94	-0.28	-0.92	-0.98	-0.86	-0.52	-0.99	0.57	0.52		0.52
Intangible Assets	-0.53	-0.54	0.27	0.46	-0.55	-0.05	-0.05	-0.09	-0.53	-0.02	-0.26	-0.63	-0.33	-0.21	-0.46	-0.07	1.0	0.52

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High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.

Competition

Predict Fury Gold

Debt To Equity Over Time

Fury Total Stockholder Equity

Total Stockholder Equity

192.02 Million

At this time, Fury Gold's Total Stockholder Equity is fairly stable compared to the past year.

According to the company disclosure, Fury Gold Mines has a Debt To Equity of 0.002%. This is 100.0% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The debt to equity for all United States stocks is 100.0% higher than that of the company.

Fury Debt To Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fury Gold's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Fury Gold could also be used in its relative valuation, which is a method of valuing Fury Gold by comparing valuation metrics of similar companies.

Fury Gold is currently under evaluation in debt to equity category among its peers.

Fury Gold Current Valuation Drivers

We derive many important indicators used in calculating different scores of Fury Gold from analyzing Fury Gold's financial statements. These drivers represent accounts that assess Fury Gold's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Fury Gold's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	107.6M	176.4M	146.3M	97.0M	87.3M	47.7M
Enterprise Value	106.0M	178.6M	131.2M	94.2M	84.7M	45.7M

Fury Fundamentals

	Return On Equity	-0.0835
	Return On Asset	-0.0456
	Current Valuation	55.44 M
	Shares Outstanding	151.51 M
	Shares Owned By Insiders	2.03 %
	Shares Owned By Institutions	13.66 %
	Number Of Shares Shorted	190.39 K
	Price To Earning	2.57 X
	Price To Book	0.48 X
	Gross Profit	(156 K)
	EBITDA	(14.36 M)
	Net Income	(17.21 M)
	Cash And Equivalents	12.8 M
	Cash Per Share	0.09 X
	Total Debt	228 K
	Debt To Equity	0 %
	Current Ratio	3.56 X
	Book Value Per Share	1.25 X
	Cash Flow From Operations	(13.06 M)
	Short Ratio	1.41 X
	Earnings Per Share	(0.06) X
	Target Price	2.77
	Number Of Employees	10
	Beta	1.45
	Market Capitalization	61.8 M
	Total Asset	189.18 M
	Retained Earnings	(149.05 M)
	Working Capital	7.71 M
	Net Asset	189.18 M

About Fury Gold Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Fury Gold Mines's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fury Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fury Gold Mines based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for Fury Stock Analysis

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.

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