Blue Net Tangible Assets vs Other Current Liab Analysis

BLFY Stock  USD 11.09  0.13  1.16%   
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 Net Tangible Assets and its Other Current Liab 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.

Net Tangible Assets vs Other Current Liab

Net Tangible Assets vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blue Foundry Bancorp Net Tangible Assets account and Other Current Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Blue Foundry's Net Tangible Assets and Other Current Liab is -0.15. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Other Current Liab 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 Net Tangible Assets and Other Current Liab 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 Tangible Assets of Blue Foundry Bancorp are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Net Tangible Assets i.e., Blue Foundry's Net Tangible Assets and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Other Current Liab

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

0.64-0.58-0.680.7-0.840.720.880.4-0.92-0.79-0.390.780.69-0.490.45-0.540.390.88-0.520.820.79-0.35-0.380.750.79
0.64-0.84-0.150.07-0.70.280.450.69-0.42-0.42-0.310.660.70.040.96-0.620.170.370.190.220.77-0.43-0.30.230.74
-0.58-0.840.24-0.050.75-0.15-0.26-0.830.260.420.65-0.49-0.60.21-0.870.72-0.42-0.29-0.34-0.1-0.730.130.64-0.14-0.73
-0.68-0.150.24-0.930.7-0.9-0.75-0.480.780.730.69-0.57-0.50.390.010.52-0.4-0.910.72-0.79-0.670.150.69-0.9-0.68
0.70.07-0.05-0.93-0.520.950.880.23-0.88-0.59-0.390.460.31-0.52-0.16-0.220.470.94-0.850.940.62-0.05-0.390.980.63
-0.84-0.70.750.7-0.52-0.59-0.61-0.710.670.90.74-0.89-0.910.15-0.630.9-0.18-0.740.31-0.51-0.780.530.73-0.56-0.77
0.720.28-0.15-0.90.95-0.590.920.38-0.9-0.61-0.390.580.44-0.340.06-0.330.390.95-0.770.910.75-0.19-0.390.990.75
0.880.45-0.26-0.750.88-0.610.920.27-0.98-0.6-0.20.620.45-0.470.19-0.250.440.95-0.710.970.77-0.22-0.20.940.78
0.40.69-0.83-0.480.23-0.710.380.27-0.23-0.38-0.830.450.570.00.72-0.770.390.370.210.120.8-0.11-0.830.310.79
-0.92-0.420.260.78-0.880.67-0.9-0.98-0.230.710.25-0.69-0.530.47-0.170.33-0.37-0.970.77-0.97-0.730.30.25-0.92-0.73
-0.79-0.420.420.73-0.590.9-0.61-0.6-0.380.710.58-0.92-0.890.09-0.320.80.07-0.770.6-0.57-0.530.680.58-0.57-0.5
-0.39-0.310.650.69-0.390.74-0.39-0.2-0.830.250.58-0.44-0.550.16-0.350.81-0.35-0.450.05-0.18-0.590.071.0-0.36-0.59
0.780.66-0.49-0.570.46-0.890.580.620.45-0.69-0.92-0.440.970.140.56-0.81-0.190.71-0.460.50.62-0.83-0.430.510.57
0.690.7-0.6-0.50.31-0.910.440.450.57-0.53-0.89-0.550.970.220.66-0.91-0.220.57-0.270.310.59-0.82-0.550.360.54
-0.490.040.210.39-0.520.15-0.34-0.470.00.470.090.160.140.220.19-0.18-0.85-0.440.27-0.59-0.32-0.590.16-0.48-0.39
0.450.96-0.870.01-0.16-0.630.060.190.72-0.17-0.32-0.350.560.660.19-0.660.060.140.41-0.040.64-0.41-0.33-0.010.61
-0.54-0.620.720.52-0.220.9-0.33-0.25-0.770.330.80.81-0.81-0.91-0.18-0.660.07-0.450.06-0.13-0.590.60.81-0.25-0.55
0.390.17-0.42-0.40.47-0.180.390.440.39-0.370.07-0.35-0.19-0.22-0.850.060.070.39-0.010.470.570.7-0.350.490.63
0.880.37-0.29-0.910.94-0.740.950.950.37-0.97-0.77-0.450.710.57-0.440.14-0.450.39-0.780.940.76-0.28-0.440.960.77
-0.520.19-0.340.72-0.850.31-0.77-0.710.210.770.60.05-0.46-0.270.270.410.06-0.01-0.78-0.82-0.210.310.06-0.78-0.21
0.820.22-0.1-0.790.94-0.510.910.970.12-0.97-0.57-0.180.50.31-0.59-0.04-0.130.470.94-0.820.64-0.09-0.180.960.66
0.790.77-0.73-0.670.62-0.780.750.770.8-0.73-0.53-0.590.620.59-0.320.64-0.590.570.76-0.210.64-0.14-0.580.731.0
-0.35-0.430.130.15-0.050.53-0.19-0.22-0.110.30.680.07-0.83-0.82-0.59-0.410.60.7-0.280.31-0.09-0.140.07-0.09-0.07
-0.38-0.30.640.69-0.390.73-0.39-0.2-0.830.250.581.0-0.43-0.550.16-0.330.81-0.35-0.440.06-0.18-0.580.07-0.36-0.58
0.750.23-0.14-0.90.98-0.560.990.940.31-0.92-0.57-0.360.510.36-0.48-0.01-0.250.490.96-0.780.960.73-0.09-0.360.74
0.790.74-0.73-0.680.63-0.770.750.780.79-0.73-0.5-0.590.570.54-0.390.61-0.550.630.77-0.210.661.0-0.07-0.580.74
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Blue Foundry Account Relationship Matchups

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