Kearny Long Term Debt vs Earning Assets Analysis
KRNY Stock | USD 6.09 0.06 1.00% |
Kearny Financial financial indicator trend analysis is infinitely more than just investigating Kearny Financial Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kearny Financial Corp is a good investment. Please check the relationship between Kearny Financial Long Term Debt and its Earning Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kearny Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Long Term Debt vs Earning Assets
Long Term Debt vs Earning Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kearny Financial Corp Long Term Debt account and Earning Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Kearny Financial's Long Term Debt and Earning Assets is -0.72. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Earning Assets in the same time period over historical financial statements of Kearny Financial Corp, assuming nothing else is changed. The correlation between historical values of Kearny Financial's Long Term Debt and Earning 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 Long Term Debt of Kearny Financial Corp are associated (or correlated) with its Earning Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Earning Assets has no effect on the direction of Long Term Debt i.e., Kearny Financial's Long Term Debt and Earning Assets go up and down completely randomly.
Correlation Coefficient | -0.72 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Long Term Debt
Long-term debt is a debt that Kearny Financial Corp has held for over one year. Long-term debt appears on Kearny Financial Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Kearny Financial Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Earning Assets
Most indicators from Kearny Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kearny Financial Corp 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kearny Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. At this time, Kearny Financial's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 13.8 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.48 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 29.7M | 117.9M | 135.5M | 142.3M | Depreciation And Amortization | 6.7M | 6.3M | 7.2M | 3.9M |
Kearny Financial fundamental ratios Correlations
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Kearny Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kearny Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 82.4M | 82.4M | 70.9M | 64.8M | 74.5M | 89.7M | |
Total Assets | 6.8B | 7.3B | 7.7B | 8.1B | 9.3B | 9.7B | |
Short Long Term Debt Total | 1.2B | 685.9M | 901.3M | 1.5B | 1.7B | 1.8B | |
Total Stockholder Equity | 1.1B | 1.0B | 894M | 869.3M | 999.7M | 739.1M | |
Other Liab | 35.2M | 69.6M | 43.1M | 42.3M | 48.7M | 28.1M | |
Property Plant And Equipment Net | 57.4M | 56.3M | 53.3M | 48.3M | 55.6M | 45.0M | |
Net Debt | 992.2M | 618.0M | 799.7M | 1.4B | 1.7B | 1.7B | |
Retained Earnings | 387.9M | 408.4M | 445.5M | 457.6M | 526.3M | 376.0M | |
Accounts Payable | 4.4B | 5.5B | (3.7B) | 5.6B | 6.5B | 6.8B | |
Cash | 181.0M | 67.9M | 101.6M | 70.5M | 63.5M | 116.5M | |
Non Current Assets Total | 1.7B | 2.0B | 1.7B | 1.6B | 1.9B | 1.3B | |
Non Currrent Assets Other | (25.5M) | (29.3M) | (49.4M) | (52.0M) | (59.8M) | (62.8M) | |
Other Assets | 3.5B | 3.5B | 9.4B | 5.1B | 5.9B | 4.4B | |
Long Term Debt | 1.2B | 665.9M | 651.3M | 1.5B | 1.7B | 1.8B | |
Cash And Short Term Investments | 1.6B | 1.7B | 1.4B | 1.3B | 1.5B | 1.6B | |
Net Receivables | 17.4M | 19.4M | 20.5M | 28.1M | 32.4M | 34.0M | |
Common Stock Total Equity | 996K | 891K | 837K | 790K | 711K | 675.5K | |
Short Term Investments | 1.4B | 1.7B | 1.3B | 1.2B | 1.4B | 1.5B | |
Liabilities And Stockholders Equity | 6.8B | 7.3B | 7.7B | 8.1B | 9.3B | 9.7B | |
Non Current Liabilities Total | 1.2B | 685.9M | 901.3M | 1.5B | 1.7B | 903.7M | |
Inventory | (198.5M) | (87.4M) | (20.5M) | (111.6M) | (100.4M) | (95.4M) | |
Other Current Assets | 198.5M | 87.4M | 4.5B | 111.6M | 128.3M | 121.9M | |
Other Stockholder Equity | 694.2M | 627.6M | 503.6M | 480.5M | 552.5M | 362.9M | |
Total Liab | 5.7B | 685.9M | 6.8B | 1.5B | 1.7B | 3.2B | |
Property Plant And Equipment Gross | 57.4M | 56.3M | 101.5M | 99.5M | 114.4M | 120.1M | |
Total Current Assets | 1.6B | 1.8B | 6.0B | 1.3B | 1.5B | 2.3B | |
Accumulated Other Comprehensive Income | 1.3M | 6.1M | (55.7M) | (69.5M) | (62.5M) | (59.4M) | |
Intangible Assets | 4.0M | 3.7M | 3.0M | 2.5M | 2.2M | 2.1M | |
Common Stock | 837K | 790K | 687K | 659K | 593.1K | 563.4K | |
Property Plant Equipment | 73.9M | 56.3M | 53.3M | 64.4M | 74.1M | 46.7M | |
Other Current Liab | (5.7M) | 2.5B | 2.9B | 4.8B | 5.5B | 5.7B | |
Total Current Liabilities | 5.7M | 2.9B | 49.4M | 6.0B | 6.9B | 7.2B | |
Net Tangible Assets | 869.3M | 828.3M | 680.1M | 655.9M | 754.3M | 840.6M | |
Long Term Investments | 1.4B | 1.7B | 1.5B | 1.4B | 1.2B | 1.1B | |
Short Long Term Debt | 5.7M | 0.0 | 250M | 225M | 202.5M | 305.5M |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kearny Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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Is Kearny Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kearny Financial. If investors know Kearny will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kearny Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.25) | Dividend Share 0.44 | Earnings Share 0.25 | Revenue Per Share 2.277 | Quarterly Revenue Growth (0.12) |
The market value of Kearny Financial Corp is measured differently than its book value, which is the value of Kearny that is recorded on the company's balance sheet. Investors also form their own opinion of Kearny Financial's value that differs from its market value or its book value, called intrinsic value, which is Kearny Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kearny Financial's market value can be influenced by many factors that don't directly affect Kearny Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kearny Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kearny Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kearny Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.