Northfield Cash vs Total Current Assets Analysis

NFBK Stock  USD 11.77  0.12  1.01%   
Northfield Bancorp financial indicator trend analysis is infinitely more than just investigating Northfield Bancorp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Northfield Bancorp is a good investment. Please check the relationship between Northfield Bancorp Cash and its Total Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northfield Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Northfield Stock please use our How to buy in Northfield Stock guide.

Cash vs Total Current Assets

Cash vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northfield Bancorp Cash account and Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Northfield Bancorp's Cash and Total Current Assets is 0.46. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Northfield Bancorp, assuming nothing else is changed. The correlation between historical values of Northfield Bancorp's Cash and Total Current 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 Cash of Northfield Bancorp are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Cash i.e., Northfield Bancorp's Cash and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Cash

Cash refers to the most liquid asset of Northfield Bancorp, which is listed under current asset account on Northfield Bancorp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Northfield Bancorp customers. The amounts must be unrestricted with restricted cash listed in a different Northfield Bancorp account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Northfield Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Northfield Bancorp 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 Northfield Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Northfield Stock please use our How to buy in Northfield Stock guide.Tax Provision is expected to rise to about 18.9 M this year, although the value of Selling General Administrative will most likely fall to about 3.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit170.1M166.3M208.8M219.2M
Total Revenue170.1M166.3M208.8M219.2M

Northfield Bancorp fundamental ratios Correlations

0.430.470.740.870.90.540.950.220.310.130.120.430.970.870.010.670.670.290.60.12-0.370.860.420.70.18
0.43-0.060.030.470.320.780.48-0.110.470.51-0.09-0.130.440.58-0.140.120.410.470.520.06-0.030.580.470.57-0.12
0.47-0.060.590.50.5-0.190.450.56-0.39-0.470.570.780.380.410.310.610.39-0.23-0.140.270.160.41-0.2-0.050.24
0.740.030.590.570.70.110.580.29-0.12-0.330.190.530.660.420.010.510.45-0.090.220.14-0.490.420.120.310.37
0.870.470.50.570.750.450.860.290.20.120.340.510.810.950.270.680.930.270.440.34-0.060.950.240.580.05
0.90.320.50.70.750.490.840.290.30.08-0.090.530.880.690.130.760.540.010.63-0.21-0.290.690.390.550.38
0.540.78-0.190.110.450.490.61-0.390.810.73-0.44-0.330.640.58-0.330.090.30.610.87-0.29-0.390.590.80.69-0.05
0.950.480.450.580.860.840.610.120.430.250.110.330.970.920.030.630.630.450.650.06-0.220.920.540.750.1
0.22-0.110.560.290.290.29-0.390.12-0.54-0.660.660.810.090.20.40.530.27-0.46-0.360.460.360.2-0.59-0.120.38
0.310.47-0.39-0.120.20.30.810.43-0.540.88-0.65-0.420.440.36-0.090.110.040.570.92-0.52-0.240.370.770.51-0.12
0.130.51-0.47-0.330.120.080.730.25-0.660.88-0.63-0.50.220.27-0.08-0.010.070.580.76-0.39-0.220.280.690.41-0.3
0.12-0.090.570.190.34-0.09-0.440.110.66-0.65-0.630.540.010.290.270.190.39-0.01-0.60.870.420.29-0.52-0.09-0.15
0.43-0.130.780.530.510.53-0.330.330.81-0.42-0.50.540.290.340.660.840.48-0.38-0.150.30.270.33-0.34-0.010.26
0.970.440.380.660.810.880.640.970.090.440.220.010.290.84-0.050.60.580.40.68-0.03-0.360.840.560.790.15
0.870.580.410.420.950.690.580.920.20.360.270.290.340.840.140.580.810.460.540.32-0.051.00.360.66-0.05
0.01-0.140.310.010.270.13-0.330.030.4-0.09-0.080.270.66-0.050.140.670.36-0.13-0.040.10.630.14-0.19-0.08-0.11
0.670.120.610.510.680.760.090.630.530.11-0.010.190.840.60.580.670.57-0.080.370.020.130.580.090.320.18
0.670.410.390.450.930.540.30.630.270.040.070.390.480.580.810.360.570.180.260.470.020.810.080.44-0.05
0.290.47-0.23-0.090.270.010.610.45-0.460.570.58-0.01-0.380.40.46-0.13-0.080.180.470.1-0.120.470.750.67-0.58
0.60.52-0.140.220.440.630.870.65-0.360.920.76-0.6-0.150.680.54-0.040.370.260.47-0.5-0.390.540.80.620.06
0.120.060.270.140.34-0.21-0.290.060.46-0.52-0.390.870.3-0.030.320.10.020.470.1-0.50.160.32-0.49-0.01-0.23
-0.37-0.030.16-0.49-0.06-0.29-0.39-0.220.36-0.24-0.220.420.27-0.36-0.050.630.130.02-0.12-0.390.16-0.05-0.39-0.27-0.21
0.860.580.410.420.950.690.590.920.20.370.280.290.330.841.00.140.580.810.470.540.32-0.050.370.66-0.05
0.420.47-0.20.120.240.390.80.54-0.590.770.69-0.52-0.340.560.36-0.190.090.080.750.8-0.49-0.390.370.7-0.23
0.70.57-0.050.310.580.550.690.75-0.120.510.41-0.09-0.010.790.66-0.080.320.440.670.62-0.01-0.270.660.7-0.05
0.18-0.120.240.370.050.38-0.050.10.38-0.12-0.3-0.150.260.15-0.05-0.110.18-0.05-0.580.06-0.23-0.21-0.05-0.23-0.05
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Northfield Bancorp Account Relationship Matchups

Northfield Bancorp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.1B5.5B5.4B5.6B5.6B3.4B
Short Long Term Debt Total826.1M598.2M434.4M660.7M955.7M1.0B
Other Current Liab1.6B2.4B2.6B2.5B352.1M334.5M
Total Current Liabilities1.7B2.5B2.7B2.5B377.1M358.3M
Total Stockholder Equity695.9M754.0M739.9M701.4M699.4M533.6M
Property Plant And Equipment Net65.2M64.9M59.9M59.1M55.0M31.6M
Net Debt678.3M472.0M320.5M613.8M969.6M1.0B
Retained Earnings322.6M338.1M381.4M418.4M433.2M283.4M
Cash147.8M87.5M91.1M45.8M(13.9M)(13.2M)
Non Current Assets Total1.3B1.4B1.3B1.1B5.3B5.6B
Non Currrent Assets Other(24.0M)(28.2M)(26.7M)(46.3M)5.0B5.2B
Other Assets2.5B2.8B2.8B3.5B1.00.95
Cash And Short Term Investments1.3B1.4B1.3B998.0M(13.9M)(13.2M)
Net Receivables14.6M14.7M14.6M17.4M18.5M10.8M
Common Stock Shares Outstanding47.2M48.8M48.8M46.4M43.6M47.4M
Short Term Investments1.1B1.3B1.2B952.2M795.5M608.0M
Liabilities And Stockholders Equity5.1B5.5B5.4B5.6B5.6B3.4B
Other Stockholder Equity368.0M402.1M355.8M330.7M312.4M269.7M
Total Liab826.1M559.5M411.6M4.9B4.9B5.1B
Property Plant And Equipment Gross65.2M64.9M59.9M59.1M116.7M122.5M
Total Current Assets1.3B1.4B1.3B1.0B260.5M247.5M
Short Term Debt87.2M81.4M62.7M40.9M25M23.8M
Non Current Liabilities Total826.1M559.5M411.6M4.9B4.5B4.7B
Other Liab36.7M19.7M24.9M41.1M47.3M29.7M
Accounts Payable3.4B29.8M4.2B39.0M44.9M42.7M
Long Term Debt782.0M516.8M371.8M619.9M801.0M417.7M
Other Current Assets173.6M114.5M119.1M74.0M260.5M247.5M
Accumulated Other Comprehensive Income4.7M13.2M2.1M(48.3M)(32.4M)(30.8M)
Property Plant Equipment65.2M28.2M59.9M24.8M28.6M27.4M
Treasury Stock(152.8M)(160.8M)(169.9M)(217.1M)(195.4M)(185.6M)
Net Tangible Assets657.4M712.7M698.4M660.4M759.4M619.4M
Long Term Investments1.2B1.3B1.2B984.1M828.5M1.5B

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When determining whether Northfield Bancorp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Northfield Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Northfield Bancorp Stock. Highlighted below are key reports to facilitate an investment decision about Northfield Bancorp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northfield Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Northfield Stock please use our How to buy in Northfield Stock guide.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Regional Banks space 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 Northfield Bancorp. If investors know Northfield 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 Northfield Bancorp 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
(0.16)
Dividend Share
0.52
Earnings Share
0.65
Revenue Per Share
2.964
Quarterly Revenue Growth
(0.07)
The market value of Northfield Bancorp is measured differently than its book value, which is the value of Northfield that is recorded on the company's balance sheet. Investors also form their own opinion of Northfield Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Northfield Bancorp'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 Northfield Bancorp's market value can be influenced by many factors that don't directly affect Northfield Bancorp'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 Northfield Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northfield Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northfield Bancorp'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.