Northfield Long Term Debt vs Total 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 Long Term Debt and its Total 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.

Long Term Debt vs Total Assets

Long Term Debt vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northfield Bancorp Long Term Debt account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Northfield Bancorp's Long Term Debt and Total Assets is 0.77. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total 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 Long Term Debt and Total 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 Long Term Debt of Northfield Bancorp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Long Term Debt i.e., Northfield Bancorp's Long Term Debt and Total Assets go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Long Term Debt

Long-term debt is a debt that Northfield Bancorp has held for over one year. Long-term debt appears on Northfield Bancorp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Northfield Bancorp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Total Assets

Total assets refers to the total amount of Northfield Bancorp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Northfield Bancorp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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 Profit170.1M166.3M208.8M219.2M
Total Revenue170.1M166.3M208.8M219.2M

Northfield Bancorp fundamental ratios Correlations

0.430.470.740.870.90.540.950.220.310.130.120.430.970.870.010.670.670.290.60.12-0.370.860.420.70.18
0.43-0.060.030.470.320.780.48-0.110.470.51-0.09-0.130.440.58-0.140.120.410.470.520.06-0.030.580.470.57-0.12
0.47-0.060.590.50.5-0.190.450.56-0.39-0.470.570.780.380.410.310.610.39-0.23-0.140.270.160.41-0.2-0.050.24
0.740.030.590.570.70.110.580.29-0.12-0.330.190.530.660.420.010.510.45-0.090.220.14-0.490.420.120.310.37
0.870.470.50.570.750.450.860.290.20.120.340.510.810.950.270.680.930.270.440.34-0.060.950.240.580.05
0.90.320.50.70.750.490.840.290.30.08-0.090.530.880.690.130.760.540.010.63-0.21-0.290.690.390.550.38
0.540.78-0.190.110.450.490.61-0.390.810.73-0.44-0.330.640.58-0.330.090.30.610.87-0.29-0.390.590.80.69-0.05
0.950.480.450.580.860.840.610.120.430.250.110.330.970.920.030.630.630.450.650.06-0.220.920.540.750.1
0.22-0.110.560.290.290.29-0.390.12-0.54-0.660.660.810.090.20.40.530.27-0.46-0.360.460.360.2-0.59-0.120.38
0.310.47-0.39-0.120.20.30.810.43-0.540.88-0.65-0.420.440.36-0.090.110.040.570.92-0.52-0.240.370.770.51-0.12
0.130.51-0.47-0.330.120.080.730.25-0.660.88-0.63-0.50.220.27-0.08-0.010.070.580.76-0.39-0.220.280.690.41-0.3
0.12-0.090.570.190.34-0.09-0.440.110.66-0.65-0.630.540.010.290.270.190.39-0.01-0.60.870.420.29-0.52-0.09-0.15
0.43-0.130.780.530.510.53-0.330.330.81-0.42-0.50.540.290.340.660.840.48-0.38-0.150.30.270.33-0.34-0.010.26
0.970.440.380.660.810.880.640.970.090.440.220.010.290.84-0.050.60.580.40.68-0.03-0.360.840.560.790.15
0.870.580.410.420.950.690.580.920.20.360.270.290.340.840.140.580.810.460.540.32-0.051.00.360.66-0.05
0.01-0.140.310.010.270.13-0.330.030.4-0.09-0.080.270.66-0.050.140.670.36-0.13-0.040.10.630.14-0.19-0.08-0.11
0.670.120.610.510.680.760.090.630.530.11-0.010.190.840.60.580.670.57-0.080.370.020.130.580.090.320.18
0.670.410.390.450.930.540.30.630.270.040.070.390.480.580.810.360.570.180.260.470.020.810.080.44-0.05
0.290.47-0.23-0.090.270.010.610.45-0.460.570.58-0.01-0.380.40.46-0.13-0.080.180.470.1-0.120.470.750.67-0.58
0.60.52-0.140.220.440.630.870.65-0.360.920.76-0.6-0.150.680.54-0.040.370.260.47-0.5-0.390.540.80.620.06
0.120.060.270.140.34-0.21-0.290.060.46-0.52-0.390.870.3-0.030.320.10.020.470.1-0.50.160.32-0.49-0.01-0.23
-0.37-0.030.16-0.49-0.06-0.29-0.39-0.220.36-0.24-0.220.420.27-0.36-0.050.630.130.02-0.12-0.390.16-0.05-0.39-0.27-0.21
0.860.580.410.420.950.690.590.920.20.370.280.290.330.841.00.140.580.810.470.540.32-0.050.370.66-0.05
0.420.47-0.20.120.240.390.80.54-0.590.770.69-0.52-0.340.560.36-0.190.090.080.750.8-0.49-0.390.370.7-0.23
0.70.57-0.050.310.580.550.690.75-0.120.510.41-0.09-0.010.790.66-0.080.320.440.670.62-0.01-0.270.660.7-0.05
0.18-0.120.240.370.050.38-0.050.10.38-0.12-0.3-0.150.260.15-0.05-0.110.18-0.05-0.580.06-0.23-0.21-0.05-0.23-0.05
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Northfield Bancorp Account Relationship Matchups

Northfield Bancorp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.1B5.5B5.4B5.6B5.6B3.4B
Short Long Term Debt Total826.1M598.2M434.4M660.7M955.7M1.0B
Other Current Liab1.6B2.4B2.6B2.5B352.1M334.5M
Total Current Liabilities1.7B2.5B2.7B2.5B377.1M358.3M
Total Stockholder Equity695.9M754.0M739.9M701.4M699.4M533.6M
Property Plant And Equipment Net65.2M64.9M59.9M59.1M55.0M31.6M
Net Debt678.3M472.0M320.5M613.8M969.6M1.0B
Retained Earnings322.6M338.1M381.4M418.4M433.2M283.4M
Cash147.8M87.5M91.1M45.8M(13.9M)(13.2M)
Non Current Assets Total1.3B1.4B1.3B1.1B5.3B5.6B
Non Currrent Assets Other(24.0M)(28.2M)(26.7M)(46.3M)5.0B5.2B
Other Assets2.5B2.8B2.8B3.5B1.00.95
Cash And Short Term Investments1.3B1.4B1.3B998.0M(13.9M)(13.2M)
Net Receivables14.6M14.7M14.6M17.4M18.5M10.8M
Common Stock Shares Outstanding47.2M48.8M48.8M46.4M43.6M47.4M
Short Term Investments1.1B1.3B1.2B952.2M795.5M608.0M
Liabilities And Stockholders Equity5.1B5.5B5.4B5.6B5.6B3.4B
Other Stockholder Equity368.0M402.1M355.8M330.7M312.4M269.7M
Total Liab826.1M559.5M411.6M4.9B4.9B5.1B
Property Plant And Equipment Gross65.2M64.9M59.9M59.1M116.7M122.5M
Total Current Assets1.3B1.4B1.3B1.0B260.5M247.5M
Short Term Debt87.2M81.4M62.7M40.9M25M23.8M
Non Current Liabilities Total826.1M559.5M411.6M4.9B4.5B4.7B
Other Liab36.7M19.7M24.9M41.1M47.3M29.7M
Accounts Payable3.4B29.8M4.2B39.0M44.9M42.7M
Long Term Debt782.0M516.8M371.8M619.9M801.0M417.7M
Other Current Assets173.6M114.5M119.1M74.0M260.5M247.5M
Accumulated Other Comprehensive Income4.7M13.2M2.1M(48.3M)(32.4M)(30.8M)
Property Plant Equipment65.2M28.2M59.9M24.8M28.6M27.4M
Treasury Stock(152.8M)(160.8M)(169.9M)(217.1M)(195.4M)(185.6M)
Net Tangible Assets657.4M712.7M698.4M660.4M759.4M619.4M
Long Term Investments1.2B1.3B1.2B984.1M828.5M1.5B

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When determining whether Northfield Bancorp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Northfield Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Northfield Bancorp Stock. Highlighted below are key reports to facilitate an investment decision about Northfield Bancorp Stock:
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.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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.