| NYMT Stock | | | USD 6.14 0.16 2.68% |
New York financial indicator trend analysis is infinitely more than just investigating New York Mortgage recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether New York Mortgage is a good investment. Please check the relationship between New York Long Term Debt and its Net Invested Capital accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New York Mortgage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
Long Term Debt vs Net Invested Capital
Long Term Debt vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
New York Mortgage Long Term Debt account and
Net Invested Capital. At this time, the significance of the direction appears to have strong relationship.
The correlation between New York's Long Term Debt and Net Invested Capital is 0.78. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of New York Mortgage, assuming nothing else is changed. The correlation between historical values of New York's Long Term Debt and Net Invested Capital 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 New York Mortgage are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Long Term Debt i.e., New York's Long Term Debt and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.78 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Long Term Debt
Long-term debt is a debt that New York Mortgage has held for over one year. Long-term debt appears on New York Mortgage 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 New York Mortgage 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.
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most indicators from New York's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into New York Mortgage 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 New York Mortgage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
At this time, New York's
Tax Provision is comparatively stable compared to the past year.
Enterprise Value is likely to gain to about 2.7
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 28.2
M in 2024.
New York fundamental ratios Correlations
Click cells to compare fundamentals
New York Account Relationship Matchups
High Positive Relationship
High Negative Relationship
New York fundamental ratios Accounts
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Additional Tools for New Stock Analysis
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