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 Interest Income and its Interest Expense 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 Interest Income vs Interest Expense
Net Interest Income vs Interest Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kearny Financial Corp Net Interest Income account and
Interest Expense. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Kearny Financial's Net Interest Income and Interest Expense is 0.46. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Interest Expense 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 Interest Income and Interest Expense 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 Interest Income of Kearny Financial Corp are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Net Interest Income i.e., Kearny Financial's Net Interest Income and Interest Expense go up and down completely randomly.
Correlation Coefficient | 0.46 |
Relationship Direction | Positive |
Relationship Strength | Weak |
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.
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
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.
Kearny Financial fundamental ratios Correlations
Click cells to compare fundamentals
Kearny Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kearny Financial fundamental ratios Accounts
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