Northfield Capital Surpluse vs Net Tangible Assets Analysis
NFBK Stock | USD 13.30 0.25 1.92% |
Northfield Bancorp financial indicator trend analysis is infinitely more than just investigating Northfield Bancorp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Northfield Bancorp is a good investment. Please check the relationship between Northfield Bancorp Capital Surpluse and its Net Tangible Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northfield 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 bureau of labor statistics. For more information on how to buy Northfield Stock please use our How to buy in Northfield Stock guide.
Capital Surpluse vs Net Tangible Assets
Capital Surpluse vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northfield Bancorp Capital Surpluse account and Net Tangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Northfield Bancorp's Capital Surpluse and Net Tangible Assets is 0.95. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Northfield Bancorp, assuming nothing else is changed. The correlation between historical values of Northfield Bancorp's Capital Surpluse and Net Tangible Assets 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 Surpluse of Northfield Bancorp are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Capital Surpluse i.e., Northfield Bancorp's Capital Surpluse and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Capital Surpluse
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Most indicators from Northfield Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Northfield 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northfield 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 bureau of labor statistics. For more information on how to buy Northfield Stock please use our How to buy in Northfield Stock guide.Tax Provision is expected to rise to about 18.9 M this year, although the value of Selling General Administrative will most likely fall to about 3.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 170.1M | 166.3M | 208.8M | 219.2M | Total Revenue | 170.1M | 166.3M | 208.8M | 219.2M |
Northfield Bancorp fundamental ratios Correlations
Click cells to compare fundamentals
Northfield Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Northfield Bancorp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.1B | 5.5B | 5.4B | 5.6B | 5.6B | 3.4B | |
Short Long Term Debt Total | 826.1M | 598.2M | 434.4M | 660.7M | 955.7M | 1.0B | |
Other Current Liab | 1.6B | 2.4B | 2.6B | 2.5B | 352.1M | 334.5M | |
Total Current Liabilities | 1.7B | 2.5B | 2.7B | 2.5B | 377.1M | 358.3M | |
Total Stockholder Equity | 695.9M | 754.0M | 739.9M | 701.4M | 699.4M | 533.6M | |
Property Plant And Equipment Net | 65.2M | 64.9M | 59.9M | 59.1M | 55.0M | 31.6M | |
Net Debt | 678.3M | 472.0M | 320.5M | 613.8M | 969.6M | 1.0B | |
Retained Earnings | 322.6M | 338.1M | 381.4M | 418.4M | 433.2M | 283.4M | |
Cash | 147.8M | 87.5M | 91.1M | 45.8M | (13.9M) | (13.2M) | |
Non Current Assets Total | 1.3B | 1.4B | 1.3B | 1.1B | 5.3B | 5.6B | |
Non Currrent Assets Other | (24.0M) | (28.2M) | (26.7M) | (46.3M) | 5.0B | 5.2B | |
Other Assets | 2.5B | 2.8B | 2.8B | 3.5B | 1.0 | 0.95 | |
Cash And Short Term Investments | 1.3B | 1.4B | 1.3B | 998.0M | (13.9M) | (13.2M) | |
Net Receivables | 14.6M | 14.7M | 14.6M | 17.4M | 18.5M | 10.8M | |
Common Stock Shares Outstanding | 47.2M | 48.8M | 48.8M | 46.4M | 43.6M | 47.4M | |
Short Term Investments | 1.1B | 1.3B | 1.2B | 952.2M | 795.5M | 608.0M | |
Liabilities And Stockholders Equity | 5.1B | 5.5B | 5.4B | 5.6B | 5.6B | 3.4B | |
Other Stockholder Equity | 368.0M | 402.1M | 355.8M | 330.7M | 312.4M | 269.7M | |
Total Liab | 826.1M | 559.5M | 411.6M | 4.9B | 4.9B | 5.1B | |
Property Plant And Equipment Gross | 65.2M | 64.9M | 59.9M | 59.1M | 116.7M | 122.5M | |
Total Current Assets | 1.3B | 1.4B | 1.3B | 1.0B | 260.5M | 247.5M | |
Short Term Debt | 87.2M | 81.4M | 62.7M | 40.9M | 25M | 23.8M | |
Non Current Liabilities Total | 826.1M | 559.5M | 411.6M | 4.9B | 4.5B | 4.7B | |
Other Liab | 36.7M | 19.7M | 24.9M | 41.1M | 47.3M | 29.7M | |
Accounts Payable | 3.4B | 29.8M | 4.2B | 39.0M | 44.9M | 42.7M | |
Long Term Debt | 782.0M | 516.8M | 371.8M | 619.9M | 801.0M | 417.7M | |
Other Current Assets | 173.6M | 114.5M | 119.1M | 74.0M | 260.5M | 247.5M | |
Accumulated Other Comprehensive Income | 4.7M | 13.2M | 2.1M | (48.3M) | (32.4M) | (30.8M) | |
Property Plant Equipment | 65.2M | 28.2M | 59.9M | 24.8M | 28.6M | 27.4M | |
Treasury Stock | (152.8M) | (160.8M) | (169.9M) | (217.1M) | (195.4M) | (185.6M) | |
Net Tangible Assets | 657.4M | 712.7M | 698.4M | 660.4M | 759.4M | 619.4M | |
Long Term Investments | 1.2B | 1.3B | 1.2B | 984.1M | 828.5M | 1.5B |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northfield 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 bureau of labor statistics. For more information on how to buy Northfield Stock please use our How to buy in Northfield Stock guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northfield Bancorp. If investors know Northfield will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northfield Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.16) | Dividend Share 0.52 | Earnings Share 0.64 | Revenue Per Share 2.964 | Quarterly Revenue Growth (0.07) |
The market value of Northfield Bancorp is measured differently than its book value, which is the value of Northfield that is recorded on the company's balance sheet. Investors also form their own opinion of Northfield Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Northfield Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northfield Bancorp's market value can be influenced by many factors that don't directly affect Northfield Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northfield Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northfield Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northfield Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.