Kearny Capital Stock vs Short Term Investments Analysis

KRNY Stock  USD 8.21  0.06  0.73%   
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 Capital Stock and its Short 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.

Capital Stock vs Short Term Investments

Capital Stock vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kearny Financial Corp Capital Stock account and Short Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Kearny Financial's Capital Stock and Short Term Investments is -0.53. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Short 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 Capital Stock and Short 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 Capital Stock of Kearny Financial Corp are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Capital Stock i.e., Kearny Financial's Capital Stock and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.53
Relationship DirectionNegative 
Relationship StrengthVery Weak

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Short Term Investments

Short Term Investments is an item under the current assets section of Kearny Financial balance sheet. It contains any investments Kearny Financial Corp undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Kearny Financial Corp can easily liquidate in the marketplace.
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.
At this time, Kearny Financial's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 30.49 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

0.130.180.450.150.410.140.260.130.23-0.040.020.110.080.13-0.010.360.37-0.040.010.040.190.410.180.00.23
0.130.750.60.850.880.750.820.23-0.40.290.290.470.720.870.750.83-0.530.880.3-0.19-0.130.570.370.870.07
0.180.750.450.50.740.990.570.57-0.350.680.710.30.940.510.920.57-0.510.520.74-0.62-0.320.450.650.69-0.27
0.450.60.450.450.590.390.480.160.18-0.090.010.390.310.520.250.62-0.570.43-0.030.140.250.990.260.230.4
0.150.850.50.450.820.520.670.31-0.430.290.250.240.510.850.610.73-0.360.860.24-0.17-0.260.410.090.66-0.05
0.410.880.740.590.820.730.640.33-0.330.370.360.380.720.780.670.84-0.280.740.38-0.28-0.170.570.520.70.0
0.140.750.990.390.520.730.580.57-0.480.690.70.280.960.50.940.58-0.480.530.74-0.62-0.350.380.630.7-0.3
0.260.820.570.480.670.640.580.02-0.280.090.090.430.540.810.620.83-0.360.780.10.020.00.410.180.760.22
0.130.230.570.160.310.330.570.02-0.220.550.55-0.450.590.150.530.12-0.190.170.57-0.54-0.70.170.020.06-0.7
0.23-0.4-0.350.18-0.43-0.33-0.48-0.28-0.22-0.29-0.2-0.06-0.56-0.18-0.48-0.30.1-0.37-0.260.220.320.21-0.12-0.40.29
-0.040.290.68-0.090.290.370.690.090.55-0.290.980.060.610.160.780.01-0.270.20.98-0.98-0.45-0.070.620.42-0.54
0.020.290.710.010.250.360.70.090.55-0.20.980.090.580.160.76-0.01-0.320.190.99-0.98-0.370.050.640.4-0.47
0.110.470.30.390.240.380.280.43-0.45-0.060.060.090.20.250.270.37-0.230.230.08-0.020.710.390.50.560.72
0.080.720.940.310.510.720.960.540.59-0.560.610.580.20.480.880.61-0.40.540.65-0.53-0.410.280.550.64-0.35
0.130.870.510.520.850.780.50.810.15-0.180.160.160.250.480.570.79-0.450.970.14-0.06-0.170.470.180.690.09
-0.010.750.920.250.610.670.940.620.53-0.480.780.760.270.880.570.52-0.520.610.79-0.7-0.410.240.530.77-0.35
0.360.830.570.620.730.840.580.830.12-0.30.01-0.010.370.610.790.52-0.290.750.010.13-0.060.540.260.610.18
0.37-0.53-0.51-0.57-0.36-0.28-0.48-0.36-0.190.1-0.27-0.32-0.23-0.4-0.45-0.52-0.29-0.52-0.290.220.09-0.59-0.29-0.320.0
-0.040.880.520.430.860.740.530.780.17-0.370.20.190.230.540.970.610.75-0.520.17-0.1-0.230.390.170.70.02
0.010.30.74-0.030.240.380.740.10.57-0.260.980.990.080.650.140.790.01-0.290.17-0.98-0.410.010.650.43-0.51
0.04-0.19-0.620.14-0.17-0.28-0.620.02-0.540.22-0.98-0.98-0.02-0.53-0.06-0.70.130.22-0.1-0.980.410.1-0.6-0.350.54
0.19-0.13-0.320.25-0.26-0.17-0.350.0-0.70.32-0.45-0.370.71-0.41-0.17-0.41-0.060.09-0.23-0.410.410.260.1-0.10.95
0.410.570.450.990.410.570.380.410.170.21-0.070.050.390.280.470.240.54-0.590.390.010.10.260.280.220.38
0.180.370.650.260.090.520.630.180.02-0.120.620.640.50.550.180.530.26-0.290.170.65-0.60.10.280.430.04
0.00.870.690.230.660.70.70.760.06-0.40.420.40.560.640.690.770.61-0.320.70.43-0.35-0.10.220.430.02
0.230.07-0.270.4-0.050.0-0.30.22-0.70.29-0.54-0.470.72-0.350.09-0.350.180.00.02-0.510.540.950.380.040.02
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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 Total1.2B685.9M901.3M1.5B1.6B1.7B
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 Debt992.2M618.0M799.7M1.4B1.5B1.6B
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)6.2B6.5B
Other Assets3.5B3.5B9.4B5.1B5.9B4.4B
Long Term Debt1.2B665.9M651.3M1.5B1.4B1.5B
Cash And Short Term Investments1.6B1.7B1.4B1.3B1.1B659.3M
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 Total1.2B685.9M901.3M1.5B6.9B7.3B
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 Assets1.6B1.8B6.0B1.3B63.9M60.7M
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)2.5B(49.4M)4.8B(175M)(166.3M)
Total Current Liabilities5.7M2.9B49.4M6.0B4.6B4.8B
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

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