Blue Accounts Payable vs Short Long Term Debt Total Analysis

BLFY Stock  USD 11.23  0.06  0.53%   
Blue Foundry financial indicator trend analysis is way more than just evaluating Blue Foundry Bancorp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blue Foundry Bancorp is a good investment. Please check the relationship between Blue Foundry Accounts Payable and its Short Long Term Debt Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Foundry 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 census.

Accounts Payable vs Short Long Term Debt Total

Accounts Payable vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blue Foundry Bancorp Accounts Payable account and Short Long Term Debt Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Blue Foundry's Accounts Payable and Short Long Term Debt Total is -0.42. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Blue Foundry Bancorp, assuming nothing else is changed. The correlation between historical values of Blue Foundry's Accounts Payable and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Blue Foundry Bancorp are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Accounts Payable i.e., Blue Foundry's Accounts Payable and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

-0.42
Relationship DirectionNegative 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents Blue Foundry obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Blue Foundry Bancorp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Short Long Term Debt Total

Most indicators from Blue Foundry's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blue Foundry 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Foundry 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 census.
At this time, Blue Foundry's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.76 in 2024, whereas Tax Provision is likely to drop slightly above 154.8 K in 2024.
 2021 2022 2023 2024 (projected)
Interest Income56.1M62.4M76.3M70.7M
Net Interest Income42.9M51.8M45.7M48.9M

Blue Foundry fundamental ratios Correlations

0.64-0.59-0.30.7-0.840.720.880.4-0.92-0.79-0.39-0.2-0.86-0.490.45-0.540.390.88-0.520.820.79-0.35-0.380.750.79
0.64-0.840.390.07-0.70.280.450.69-0.42-0.42-0.31-0.15-0.390.040.96-0.620.170.370.190.220.78-0.43-0.30.230.74
-0.59-0.84-0.1-0.070.76-0.17-0.27-0.830.280.430.650.580.170.22-0.860.72-0.42-0.31-0.32-0.12-0.740.130.64-0.16-0.74
-0.30.39-0.1-0.790.21-0.61-0.44-0.10.460.310.480.270.370.640.510.04-0.56-0.590.62-0.61-0.24-0.370.49-0.68-0.29
0.70.07-0.07-0.79-0.520.950.880.23-0.88-0.59-0.390.02-0.83-0.52-0.16-0.220.470.94-0.850.940.62-0.05-0.390.980.63
-0.84-0.70.760.21-0.52-0.59-0.61-0.710.670.90.740.160.530.15-0.630.9-0.18-0.740.31-0.51-0.790.530.73-0.56-0.77
0.720.28-0.17-0.610.95-0.590.920.38-0.9-0.61-0.390.15-0.85-0.340.06-0.330.390.95-0.770.910.75-0.19-0.390.990.75
0.880.45-0.27-0.440.88-0.610.920.27-0.98-0.6-0.20.03-0.98-0.470.19-0.250.440.95-0.710.970.77-0.22-0.20.940.78
0.40.69-0.83-0.10.23-0.710.380.27-0.23-0.38-0.83-0.33-0.10.00.72-0.770.390.370.210.120.8-0.11-0.830.310.79
-0.92-0.420.280.46-0.880.67-0.9-0.98-0.230.710.25-0.030.980.47-0.170.33-0.37-0.970.77-0.97-0.730.30.25-0.92-0.73
-0.79-0.420.430.31-0.590.9-0.61-0.6-0.380.710.58-0.090.570.09-0.320.80.07-0.770.6-0.57-0.530.680.58-0.57-0.5
-0.39-0.310.650.48-0.390.74-0.39-0.2-0.830.250.580.40.050.16-0.350.81-0.35-0.450.05-0.18-0.580.071.0-0.36-0.59
-0.2-0.150.580.270.020.160.150.03-0.33-0.03-0.090.4-0.090.73-0.180.06-0.770.01-0.390.0-0.24-0.640.390.04-0.32
-0.86-0.390.170.37-0.830.53-0.85-0.98-0.10.980.570.05-0.090.47-0.120.15-0.35-0.90.75-0.96-0.660.250.04-0.89-0.66
-0.490.040.220.64-0.520.15-0.34-0.470.00.470.090.160.730.470.19-0.18-0.85-0.440.27-0.59-0.31-0.590.16-0.48-0.39
0.450.96-0.860.51-0.16-0.630.060.190.72-0.17-0.32-0.35-0.18-0.120.19-0.660.060.140.41-0.040.64-0.41-0.33-0.010.61
-0.54-0.620.720.04-0.220.9-0.33-0.25-0.770.330.80.810.060.15-0.18-0.660.07-0.450.06-0.13-0.590.60.81-0.25-0.55
0.390.17-0.42-0.560.47-0.180.390.440.39-0.370.07-0.35-0.77-0.35-0.850.060.070.39-0.010.470.560.7-0.350.490.63
0.880.37-0.31-0.590.94-0.740.950.950.37-0.97-0.77-0.450.01-0.9-0.440.14-0.450.39-0.780.940.76-0.28-0.440.960.77
-0.520.19-0.320.62-0.850.31-0.77-0.710.210.770.60.05-0.390.750.270.410.06-0.01-0.78-0.82-0.210.310.06-0.78-0.21
0.820.22-0.12-0.610.94-0.510.910.970.12-0.97-0.57-0.180.0-0.96-0.59-0.04-0.130.470.94-0.820.64-0.09-0.180.960.66
0.790.78-0.74-0.240.62-0.790.750.770.8-0.73-0.53-0.58-0.24-0.66-0.310.64-0.590.560.76-0.210.64-0.15-0.580.731.0
-0.35-0.430.13-0.37-0.050.53-0.19-0.22-0.110.30.680.07-0.640.25-0.59-0.410.60.7-0.280.31-0.09-0.150.07-0.09-0.07
-0.38-0.30.640.49-0.390.73-0.39-0.2-0.830.250.581.00.390.040.16-0.330.81-0.35-0.440.06-0.18-0.580.07-0.36-0.58
0.750.23-0.16-0.680.98-0.560.990.940.31-0.92-0.57-0.360.04-0.89-0.48-0.01-0.250.490.96-0.780.960.73-0.09-0.360.74
0.790.74-0.74-0.290.63-0.770.750.780.79-0.73-0.5-0.59-0.32-0.66-0.390.61-0.550.630.77-0.210.661.0-0.07-0.580.74
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Blue Foundry Account Relationship Matchups

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