Kearny Net Debt vs Long Term Investments Analysis

KRNY Stock  USD 8.48  0.37  4.56%   
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 Net Debt and its Long Term Investments 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Debt vs Long Term Investments

Net Debt vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kearny Financial Corp Net Debt account and Long Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Kearny Financial's Net Debt and Long Term Investments is -0.23. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Long Term Investments 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 Net Debt and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Kearny Financial Corp are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Net Debt i.e., Kearny Financial's Net Debt and Long Term Investments go up and down completely randomly.

Correlation Coefficient

-0.23
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Long Term Investments

Long Term Investments is an item on the asset side of Kearny Financial balance sheet that represents investments Kearny Financial Corp intends to hold for over a year. Kearny Financial Corp long term investments may include different instruments such as stocks, bonds, real estate and cash.
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 closely tied with the direction of predictive economic indicators such as signals in board of governors.
Enterprise Value is likely to rise to about 1.3 B in 2024, whereas Selling General Administrative is likely to drop slightly above 48.2 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense29.7M117.9M186.3M195.6M
Depreciation And Amortization6.7M6.3M5.3M4.0M

Kearny Financial fundamental ratios Correlations

0.130.170.450.150.410.130.260.130.23-0.040.010.110.080.17-0.010.360.37-0.040.220.040.190.410.180.00.23
0.130.720.60.850.890.730.820.23-0.40.290.280.470.720.650.750.83-0.520.880.86-0.19-0.130.570.370.870.07
0.170.720.420.480.720.990.540.58-0.350.720.740.280.930.10.930.54-0.50.50.86-0.67-0.340.420.670.68-0.29
0.450.60.420.450.590.360.480.160.18-0.09-0.010.390.310.540.250.62-0.570.430.630.140.250.990.250.230.4
0.150.850.480.450.820.510.670.31-0.430.290.240.240.510.640.610.73-0.360.860.55-0.17-0.260.410.10.66-0.05
0.410.890.720.590.820.720.640.33-0.330.370.350.380.720.530.670.84-0.280.740.79-0.28-0.170.570.520.70.0
0.130.730.990.360.510.720.550.58-0.470.730.730.270.960.090.940.54-0.480.510.85-0.67-0.360.350.650.69-0.32
0.260.820.540.480.670.640.550.02-0.280.090.080.430.540.760.620.83-0.360.780.720.020.00.410.180.760.22
0.130.230.580.160.310.330.580.02-0.220.550.55-0.450.59-0.130.530.12-0.190.170.4-0.54-0.70.170.020.06-0.7
0.23-0.4-0.350.18-0.43-0.33-0.47-0.28-0.22-0.29-0.2-0.06-0.56-0.03-0.48-0.30.1-0.37-0.350.220.320.21-0.12-0.40.29
-0.040.290.72-0.090.290.370.730.090.55-0.290.980.060.61-0.360.780.01-0.270.20.28-0.98-0.45-0.070.620.42-0.54
0.010.280.74-0.010.240.350.730.080.55-0.20.980.080.57-0.370.76-0.03-0.310.170.3-0.99-0.380.030.640.39-0.47
0.110.470.280.390.240.380.270.43-0.45-0.060.060.080.20.190.270.37-0.230.230.37-0.020.710.390.50.560.72
0.080.720.930.310.510.720.960.540.59-0.560.610.570.20.170.880.61-0.40.540.87-0.53-0.410.280.550.64-0.34
0.170.650.10.540.640.530.090.76-0.13-0.03-0.36-0.370.190.170.160.79-0.290.80.450.460.050.46-0.140.40.35
-0.010.750.930.250.610.670.940.620.53-0.480.780.760.270.880.160.52-0.520.610.75-0.7-0.410.240.540.77-0.35
0.360.830.540.620.730.840.540.830.12-0.30.01-0.030.370.610.790.52-0.290.750.790.13-0.060.540.260.610.18
0.37-0.52-0.5-0.57-0.36-0.28-0.48-0.36-0.190.1-0.27-0.31-0.23-0.4-0.29-0.52-0.29-0.52-0.50.220.09-0.59-0.29-0.320.0
-0.040.880.50.430.860.740.510.780.17-0.370.20.170.230.540.80.610.75-0.520.62-0.1-0.230.390.170.70.02
0.220.860.860.630.550.790.850.720.4-0.350.280.30.370.870.450.750.79-0.50.62-0.2-0.170.610.460.71-0.03
0.04-0.19-0.670.14-0.17-0.28-0.670.02-0.540.22-0.98-0.99-0.02-0.530.46-0.70.130.22-0.1-0.20.410.1-0.6-0.350.53
0.19-0.13-0.340.25-0.26-0.17-0.360.0-0.70.32-0.45-0.380.71-0.410.05-0.41-0.060.09-0.23-0.170.410.260.1-0.10.95
0.410.570.420.990.410.570.350.410.170.21-0.070.030.390.280.460.240.54-0.590.390.610.10.260.280.220.38
0.180.370.670.250.10.520.650.180.02-0.120.620.640.50.55-0.140.540.26-0.290.170.46-0.60.10.280.430.04
0.00.870.680.230.660.70.690.760.06-0.40.420.390.560.640.40.770.61-0.320.70.71-0.35-0.10.220.430.02
0.230.07-0.290.4-0.050.0-0.320.22-0.70.29-0.54-0.470.72-0.340.35-0.350.180.00.02-0.030.530.950.380.040.02
Click cells to compare fundamentals

Kearny Financial Account Relationship Matchups

Kearny Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding82.4M82.4M70.9M64.8M62.4M88.8M
Total Assets6.8B7.3B7.7B8.1B7.7B4.7B
Short Long Term Debt Total1.2B685.9M901.3M1.5B1.7B1.8B
Total Stockholder Equity1.1B1.0B894M869.3M753.6M743.2M
Other Liab35.2M69.6M43.1M42.3M48.7M28.1M
Property Plant And Equipment Net57.4M56.3M53.3M48.3M59.4M45.9M
Net Debt992.2M618.0M799.7M1.4B1.7B1.7B
Retained Earnings387.9M408.4M445.5M457.6M343.3M376.1M
Accounts Payable4.4B5.5B(3.7B)5.6B6.5B6.8B
Cash181.0M67.9M101.6M70.5M63.9M113.6M
Non Current Assets Total1.7B2.0B1.7B1.6B7.6B8.0B
Non Currrent Assets Other(25.5M)(29.3M)(49.4M)(52.0M)7.2B7.5B
Other Assets3.5B3.5B9.4B5.1B5.9B4.4B
Long Term Debt1.2B665.9M651.3M1.5B1.4B1.5B
Cash And Short Term Investments1.6B1.7B1.4B1.3B63.9M60.7M
Net Receivables17.4M19.4M20.5M28.1M29.5M31.0M
Common Stock Total Equity996K891K837K790K711K675.5K
Short Term Investments1.4B1.7B1.3B1.2B1.1B586.8M
Liabilities And Stockholders Equity6.8B7.3B7.7B8.1B7.7B4.7B
Non Current Liabilities Total1.2B685.9M901.3M1.5B1.0B914.8M
Inventory(198.5M)(87.4M)(20.5M)(111.6M)(5.8B)(5.5B)
Other Current Assets198.5M87.4M4.5B111.6M93.4M88.7M
Other Stockholder Equity694.2M627.6M503.6M480.5M493.7M371.1M
Total Liab5.7B685.9M6.8B1.5B6.9B7.3B
Property Plant And Equipment Gross57.4M56.3M101.5M99.5M99.0M52.9M
Total Current Assets1.6B1.8B6.0B1.3B93.4M88.7M
Accumulated Other Comprehensive Income1.3M6.1M(55.7M)(69.5M)(84.1M)(79.9M)
Intangible Assets4.0M3.7M3.0M2.5M1.9M1.8M
Common Stock837K790K687K659K644K611.8K
Property Plant Equipment73.9M56.3M53.3M64.4M74.1M46.7M
Other Current Liab(5.7M)2.5B2.9B4.8B4.4B2.8B
Total Current Liabilities5.7M2.9B49.4M6.0B5.9B6.2B
Net Tangible Assets869.3M828.3M680.1M655.9M754.3M840.6M
Long Term Investments1.4B1.7B1.5B1.4B1.2B1.1B
Short Long Term Debt5.7M0.0250M225M175M292.7M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Kearny Stock Analysis

When running Kearny Financial's price analysis, check to measure Kearny Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kearny Financial is operating at the current time. Most of Kearny Financial's value examination focuses on studying past and present price action to predict the probability of Kearny Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kearny Financial's price. Additionally, you may evaluate how the addition of Kearny Financial to your portfolios can decrease your overall portfolio volatility.