VLY Stock | | | USD 10.68 0.01 0.09% |
Valley National financial indicator trend analysis is much more than just breaking down Valley National Bancorp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Valley National Bancorp is a good investment. Please check the relationship between Valley National Intangible Assets and its Long Term Debt accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Valley National 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 economic analysis.
Intangible Assets vs Long Term Debt
Intangible Assets vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Valley National Bancorp Intangible Assets account and
Long Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Valley National's Intangible Assets and Long Term Debt is -0.2. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Valley National Bancorp, assuming nothing else is changed. The correlation between historical values of Valley National's Intangible Assets and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Valley National Bancorp are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Intangible Assets i.e., Valley National's Intangible Assets and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.2 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Long Term Debt
Long-term debt is a debt that Valley National Bancorp has held for over one year. Long-term debt appears on Valley National 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 Valley National 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.
Most indicators from Valley National's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Valley National 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Valley National 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 economic analysis.
At this time, Valley National's
Issuance Of Capital Stock is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to rise to 16.91 in 2024, whereas
Selling General Administrative is likely to drop slightly above 73.2
M in 2024.
Valley National fundamental ratios Correlations
Click cells to compare fundamentals
Valley National Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Valley National fundamental ratios Accounts
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