Kearny Other Operating Expenses vs Income Before Tax 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 Other Operating Expenses and its Income Before Tax 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.

Other Operating Expenses vs Income Before Tax

Other Operating Expenses vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kearny Financial Corp Other Operating Expenses account and Income Before Tax. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Kearny Financial's Other Operating Expenses and Income Before Tax is -0.36. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Income Before Tax 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 Other Operating Expenses and Income Before Tax 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 Operating Expenses of Kearny Financial Corp are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Other Operating Expenses i.e., Kearny Financial's Other Operating Expenses and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.36
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Kearny Financial Corp. It is also known as Kearny Financial overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Kearny Financial income statement and is an important metric when analyzing Kearny Financial Corp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
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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