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Fury Gold Mines Limited FURY
$ 0.56 0.12%
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Quarterly report 2025-Q4
added 05-12-2026

Fury Gold Mines Limited Balance Sheet 2025-2011 | FURY

Brief overview of Fury Gold Mines Limited's assets and capital

The review uses the five latest available annual reports between 2020 and 2025.

Assets fell from 182.1 million CAD to 108.3 million CAD. This may reflect either deliberate optimization or a reduction in business scale.

Liabilities increased less than assets, posting -53.7% versus -40.5%. That relationship usually strengthens the balance sheet.

Equity funds 93.3% of assets versus 91.3% initially. This creates a conservative balance sheet structure.

Cash accounts for 19.6% of assets versus 8.4% initially. The change indicates the degree of financial flexibility.

Retained earnings are negative at -263.7 million CAD. This reduces the formal capital cushion, although large shareholder returns may have contributed.

Overall assessment

Fury Gold Mines Limited's balance sheet sends more positive than negative signals, but liabilities should not begin outpacing the capital base.

Annual Balance Sheet Fury Gold Mines Limited

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Net Debt

- - -7.08 M - - -15.1 M -660 K -1.65 M -2.47 M -2.46 M -4.24 M -2.38 M -1.29 M -1.55 M -2 M

Long Term Debt

- - 74 K - - - - - - - - - - - -

Long Term Debt Current

- 65 K 154 K 160 K - 55 K - - - - - - - - -

Total Non Current Liabilities

- - - - - 4.48 M - 1.89 M 1.66 M 1.75 M - - - - -

Total Liabilities

7.31 M 6.91 M 6.3 M 5.81 M - 15.8 M 6.14 M 3.04 M 2.9 M 2.56 M 413 K 134 K 140 K 30.3 K 199 K

Deferred Revenue

- - - - - - 7 K - - - - - - - -

Retained Earnings

-264 M -257 M -149 M -132 M - -140 M -103 M -88.7 M -12.1 M -11.7 M -5.63 M -3.71 M -1.63 M -1.21 M -320 K

Total Assets

108 M 85.1 M 189 M 201 M - 182 M 43 M 43.5 M 102 M 64.5 M 8.8 M 2.45 M 1.3 M 1.6 M 2.59 M

Cash and Cash Equivalents

21.2 M 4.91 M 7.31 M 10.3 M - 15.4 M 660 K 1.65 M 2.47 M 2.46 M - - - - -

Book Value

101 M 78.2 M 183 M 195 M - 166 M 36.8 M 40.5 M 99.6 M 61.9 M 8.38 M 2.32 M 1.16 M 1.56 M 2.39 M

Total Shareholders Equity

101 M 78.2 M 183 M 195 M - 166 M 36.8 M 40.5 M 40.9 M 61.9 M - - - - -

All numbers in CAD currency

Quarterly Balance Sheet Fury Gold Mines Limited

2025-Q4 2024-Q4 2023-Q4 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Long Term Debt

- - 74 K - - 284 K - 357 K - - - 193 K - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Total Liabilities

7.31 M 6.91 M 6.3 M - - 7.58 M - 9.66 M - - - 15.8 M - - - 6.14 M - - - 3.04 M - - - 2.9 M - - - 2.56 M - - - - - - - - - - - - - - - - - - - - - - -

Retained Earnings

-264 M -257 M -149 M - - -117 M - -157 M - - - -140 M - - - -103 M - - - -88.7 M - - - -71 M - - - -34.5 M - - - - - - - - - - - - - - - - - - - - - - -

Total Assets

108 M 85.1 M 189 M - - 217 M - 167 M - - - 182 M - - - 43 M - - - 43.5 M - - - 43.8 M - - - 41.7 M - - - - - - - - - - - - - - - - - - - - - - -

Cash and Cash Equivalents

21.2 M 4.91 M 7.31 M - - 12.4 M - 3.26 M - - - 15.4 M - - - 660 K - - - 1.65 M - - - 2.47 M - - - 2.46 M - - - 3.6 M - - - - - - - - - - - - - - - - - - -

Book Value

101 M 78.2 M 183 M - - 209 M - 157 M - - - 166 M - - - 36.8 M - - - 40.5 M - - - 40.9 M - - - 39.2 M - - - - - - - - - - - - - - - - - - - - - - -

Total Shareholders Equity

101 M 78.2 M 183 M - - 209 M - 157 M - - - 166 M - - - 36.8 M - - - 40.5 M - - - 40.9 M - - - 39.2 M - - - 29.4 M - - - - - - - - - - - - - - - - - - -

All numbers in CAD currency

Balance Sheet is a fundamental financial report of Fury Gold Mines Limited, providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.

For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.

Features of balance sheet analysis
  • Vertical and horizontal analysis
    Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods.
  • Asset quality
    It is important to evaluate not only the amount of assets but also their liquidity and realizability.
  • Accounting for off-balance sheet liabilities
    Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.