Northfield Income Quality vs Inventory Turnover Analysis
| NFBK Stock | USD 11.89 0.17 1.45% |
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 Income Quality and its Inventory Turnover 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.
Income Quality vs Inventory Turnover
Income Quality vs Inventory Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northfield Bancorp Income Quality account and Inventory Turnover. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Northfield Bancorp's Income Quality and Inventory Turnover is -0.13. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Inventory Turnover 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 Income Quality and Inventory Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of Northfield Bancorp are associated (or correlated) with its Inventory Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory Turnover has no effect on the direction of Income Quality i.e., Northfield Bancorp's Income Quality and Inventory Turnover go up and down completely randomly.
Correlation Coefficient | -0.13 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Income Quality
An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.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 Profit | 170.1M | 166.3M | 208.8M | 219.2M | Total Revenue | 170.1M | 166.3M | 208.8M | 219.2M |
Northfield Bancorp fundamental ratios Correlations
Click cells to compare fundamentals
Northfield Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Northfield Bancorp fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 5.1B | 5.5B | 5.4B | 5.6B | 5.6B | 3.4B | |
| Short Long Term Debt Total | 826.1M | 598.2M | 434.4M | 660.7M | 955.7M | 1.0B | |
| Other Current Liab | 1.6B | 2.4B | 2.6B | 2.5B | 352.1M | 334.5M | |
| Total Current Liabilities | 1.7B | 2.5B | 2.7B | 2.5B | 377.1M | 358.3M | |
| Total Stockholder Equity | 695.9M | 754.0M | 739.9M | 701.4M | 699.4M | 533.6M | |
| Property Plant And Equipment Net | 65.2M | 64.9M | 59.9M | 59.1M | 55.0M | 31.6M | |
| Net Debt | 678.3M | 472.0M | 320.5M | 613.8M | 969.6M | 1.0B | |
| Retained Earnings | 322.6M | 338.1M | 381.4M | 418.4M | 433.2M | 283.4M | |
| Cash | 147.8M | 87.5M | 91.1M | 45.8M | (13.9M) | (13.2M) | |
| Non Current Assets Total | 1.3B | 1.4B | 1.3B | 1.1B | 5.3B | 5.6B | |
| Non Currrent Assets Other | (24.0M) | (28.2M) | (26.7M) | (46.3M) | 5.0B | 5.2B | |
| Other Assets | 2.5B | 2.8B | 2.8B | 3.5B | 1.0 | 0.95 | |
| Cash And Short Term Investments | 1.3B | 1.4B | 1.3B | 998.0M | (13.9M) | (13.2M) | |
| Net Receivables | 14.6M | 14.7M | 14.6M | 17.4M | 18.5M | 10.8M | |
| Common Stock Shares Outstanding | 47.2M | 48.8M | 48.8M | 46.4M | 43.6M | 47.4M | |
| Short Term Investments | 1.1B | 1.3B | 1.2B | 952.2M | 795.5M | 608.0M | |
| Liabilities And Stockholders Equity | 5.1B | 5.5B | 5.4B | 5.6B | 5.6B | 3.4B | |
| Other Stockholder Equity | 368.0M | 402.1M | 355.8M | 330.7M | 312.4M | 269.7M | |
| Total Liab | 826.1M | 559.5M | 411.6M | 4.9B | 4.9B | 5.1B | |
| Property Plant And Equipment Gross | 65.2M | 64.9M | 59.9M | 59.1M | 116.7M | 122.5M | |
| Total Current Assets | 1.3B | 1.4B | 1.3B | 1.0B | 260.5M | 247.5M | |
| Short Term Debt | 87.2M | 81.4M | 62.7M | 40.9M | 25M | 23.8M | |
| Non Current Liabilities Total | 826.1M | 559.5M | 411.6M | 4.9B | 4.5B | 4.7B | |
| Other Liab | 36.7M | 19.7M | 24.9M | 41.1M | 47.3M | 29.7M | |
| Accounts Payable | 3.4B | 29.8M | 4.2B | 39.0M | 44.9M | 42.7M | |
| Long Term Debt | 782.0M | 516.8M | 371.8M | 619.9M | 801.0M | 417.7M | |
| Other Current Assets | 173.6M | 114.5M | 119.1M | 74.0M | 260.5M | 247.5M | |
| Accumulated Other Comprehensive Income | 4.7M | 13.2M | 2.1M | (48.3M) | (32.4M) | (30.8M) | |
| Property Plant Equipment | 65.2M | 28.2M | 59.9M | 24.8M | 28.6M | 27.4M | |
| Treasury Stock | (152.8M) | (160.8M) | (169.9M) | (217.1M) | (195.4M) | (185.6M) | |
| Net Tangible Assets | 657.4M | 712.7M | 698.4M | 660.4M | 759.4M | 619.4M | |
| Long Term Investments | 1.2B | 1.3B | 1.2B | 984.1M | 828.5M | 1.5B |
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Try AI Portfolio ArchitectCheck 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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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.