Blue Other Current Liab vs Net Debt 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 Other Current Liab and its Net Debt 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.

Other Current Liab vs Net Debt

Other Current Liab vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blue Foundry Bancorp Other Current Liab account and Net Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Blue Foundry's Other Current Liab and Net Debt is -0.83. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Net Debt 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 Other Current Liab and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Blue Foundry Bancorp are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Other Current Liab i.e., Blue Foundry's Other Current Liab and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.83
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Current Liab

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.
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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