Kearny Net Income vs Net Interest Income Analysis

KRNY Stock  USD 8.27  0.08  0.98%   
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 Net Income and its Net Interest Income 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.

Net Income vs Net Interest Income

Net Income vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kearny Financial Corp Net Income account and Net Interest Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between Kearny Financial's Net Income and Net Interest Income is 0.23. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Net Interest Income 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 Net Income and Net Interest Income 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 Income of Kearny Financial Corp are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Net Income i.e., Kearny Financial's Net Income and Net Interest Income go up and down completely randomly.

Correlation Coefficient

0.23
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Kearny Financial Corp financial statement analysis. It represents the amount of money remaining after all of Kearny Financial Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
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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