Blue Short Term Investments vs Long Term Debt Analysis
BLFY Stock | USD 11.22 0.03 0.27% |
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 Short Term Investments and its Long Term 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.
Short Term Investments vs Long Term Debt
Short Term Investments vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blue Foundry Bancorp Short Term Investments account and Long Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Blue Foundry's Short Term Investments and Long Term Debt is -0.04. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Long Term 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 Short Term Investments and Long Term 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 Short Term Investments of Blue Foundry Bancorp are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Short Term Investments i.e., Blue Foundry's Short Term Investments and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.04 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Short Term Investments
Short Term Investments is an item under the current assets section of Blue Foundry balance sheet. It contains any investments Blue Foundry Bancorp undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Blue Foundry Bancorp can easily liquidate in the marketplace.Long Term Debt
Long-term debt is a debt that Blue Foundry Bancorp has held for over one year. Long-term debt appears on Blue Foundry Bancorp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Blue Foundry Bancorp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.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 Income | 56.1M | 62.4M | 76.3M | 70.7M | Net Interest Income | 42.9M | 51.8M | 45.7M | 48.9M |
Blue Foundry fundamental ratios Correlations
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Blue Foundry Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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