Fury Property Plant And Equipment Net vs Total Assets Analysis

FURY Stock  USD 0.41  0.01  1.22%   
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 Property Plant And Equipment Net and its Total Assets 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.

Property Plant And Equipment Net vs Total Assets

Property Plant And Equipment Net vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fury Gold Mines Property Plant And Equipment Net account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Fury Gold's Property Plant And Equipment Net and Total Assets is 0.94. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Assets 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 Property Plant And Equipment Net and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Fury Gold Mines are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Property Plant And Equipment Net i.e., Fury Gold's Property Plant And Equipment Net and Total Assets go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Total Assets

Total assets refers to the total amount of Fury Gold assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Fury Gold Mines books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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

0.551.0-0.75-0.870.370.791.00.310.780.670.950.860.930.740.720.50.520.940.920.970.980.130.880.810.89
0.550.52-0.62-0.63-0.140.680.530.450.710.680.390.620.380.950.740.960.420.660.640.560.590.510.60.550.46
1.00.52-0.74-0.870.380.781.00.30.770.660.950.850.940.720.710.470.510.940.920.960.970.110.870.80.89
-0.75-0.62-0.740.57-0.07-0.98-0.72-0.29-0.98-0.74-0.57-0.7-0.54-0.69-0.95-0.68-0.38-0.71-0.68-0.67-0.69-0.61-0.73-0.77-0.74
-0.87-0.63-0.870.57-0.19-0.66-0.88-0.51-0.66-0.42-0.92-0.86-0.91-0.8-0.6-0.52-0.43-0.84-0.81-0.95-0.96-0.07-0.88-0.75-0.82
0.37-0.140.38-0.07-0.190.060.38-0.050.070.230.40.080.39-0.020.01-0.170.480.270.240.330.31-0.30.04-0.050.14
0.790.680.78-0.98-0.660.060.760.31.00.730.640.740.610.750.960.70.420.740.710.730.750.580.770.770.77
1.00.531.0-0.72-0.880.380.760.310.750.650.950.860.940.720.690.480.510.940.920.970.980.10.870.80.89
0.310.450.3-0.29-0.51-0.050.30.310.30.150.350.470.310.470.290.480.270.370.340.370.410.010.330.270.27
0.780.710.77-0.98-0.660.071.00.750.30.740.630.740.60.760.960.720.450.740.70.720.750.590.760.760.76
0.670.680.66-0.74-0.420.230.730.650.150.740.430.610.390.720.810.720.660.760.780.570.570.320.560.560.46
0.950.390.95-0.57-0.920.40.640.950.350.630.430.820.990.620.540.30.470.850.820.960.97-0.050.830.720.86
0.860.620.85-0.7-0.860.080.740.860.470.740.610.820.790.80.740.580.440.890.90.870.880.140.920.870.81
0.930.380.94-0.54-0.910.390.610.940.310.60.390.990.790.60.50.270.40.820.80.960.96-0.040.830.730.87
0.740.950.72-0.69-0.8-0.020.750.720.470.760.720.620.80.60.80.90.510.850.820.740.780.380.790.720.62
0.720.740.71-0.95-0.60.010.960.690.290.960.810.540.740.50.80.770.530.760.710.640.680.590.750.750.64
0.50.960.47-0.68-0.52-0.170.70.480.480.720.720.30.580.270.90.770.370.640.620.480.520.570.570.560.43
0.520.420.51-0.38-0.430.480.420.510.270.450.660.470.440.40.510.530.370.580.510.440.49-0.070.30.170.16
0.940.660.94-0.71-0.840.270.740.940.370.740.760.850.890.820.850.760.640.580.970.890.920.150.890.830.78
0.920.640.92-0.68-0.810.240.710.920.340.70.780.820.90.80.820.710.620.510.970.90.90.050.880.830.78
0.970.560.96-0.67-0.950.330.730.970.370.720.570.960.870.960.740.640.480.440.890.90.990.060.890.80.91
0.980.590.97-0.69-0.960.310.750.980.410.750.570.970.880.960.780.680.520.490.920.90.990.10.90.80.89
0.130.510.11-0.61-0.07-0.30.580.10.010.590.32-0.050.14-0.040.380.590.57-0.070.150.050.060.10.290.390.3
0.880.60.87-0.73-0.880.040.770.870.330.760.560.830.920.830.790.750.570.30.890.880.890.90.290.970.9
0.810.550.8-0.77-0.75-0.050.770.80.270.760.560.720.870.730.720.750.560.170.830.830.80.80.390.970.89
0.890.460.89-0.74-0.820.140.770.890.270.760.460.860.810.870.620.640.430.160.780.780.910.890.30.90.89
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Fury Gold Account Relationship Matchups

Fury Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets43.0M182.1M167.0M200.6M189.2M198.6M
Total Current Liabilities4.0M11.3M5.1M1.3M1.7M1.8M
Total Stockholder Equity36.8M166.3M157.4M194.8M182.9M192.0M
Net Debt2.3M(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 Payable832.03.2K1.7K908.0931K977.6K
Cash660K15.4M3.3M10.3M7.3M7.7M
Non Current Assets Total41.3M162.4M162.3M188.7M179.7M188.7M
Non Currrent Assets Other149K243K316K186K111K190.9K
Cash And Short Term Investments1.0M18.0M3.9M10.9M8.5M8.9M
Net Receivables55K827K322K369K374K222.1K
Common Stock Shares Outstanding63.5M80.4M119.7M139.5M144.2M151.4M
Liabilities And Stockholders Equity43.0M182.1M167.0M200.6M189.2M198.6M
Non Current Liabilities Total2.1M4.5M4.5M4.5M4.6M2.8M
Other Stockholder Equity10.0M11.5M18.6M20.3M23.4M24.5M
Total Liab6.1M15.8M9.7M5.8M6.3M3.4M
Total Current Assets1.7M19.6M4.7M11.9M9.4M4.7M
Other Current Liab1.1M11.2M5.0M1.1M647K614.7K
Other Current Assets651K785K502K602K592K465.5K
Property Plant And Equipment Net41.0M162.0M161.9M146.1M143.2M85.6M
Property Plant And Equipment Gross41.0M162.0M163.4M148.0M145.5M94.7M
Accumulated Other Comprehensive Income22K11.5M18.6M(3K)21.7M22.7M
Common Stock Total Equity105.9M122.0M129.4M294.7M338.9M355.9M
Common Stock129.4M294.7M295.5M306.3M310.3M325.8M
Short Term Investments346K2.7M605K582K1.2M870.2K
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 Capital39.8M166.3M157.4M194.8M182.9M138.5M
Net Working Capital(2.3M)8.4M(428K)10.6M7.7M4.5M
Capital Stock129.4M294.7M295.5M306.3M310.3M267.3M

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