Blue End Period Cash Flow vs Change Receivables Analysis
BLFY Stock | USD 10.84 0.26 2.46% |
Blue Foundry financial indicator trend analysis is way more than just evaluating Blue Foundry Bancorp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blue Foundry Bancorp is a good investment. Please check the relationship between Blue Foundry End Period Cash Flow and its Change Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Foundry 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 census.
End Period Cash Flow vs Change Receivables
End Period Cash Flow vs Change Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blue Foundry Bancorp End Period Cash Flow account and Change Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Blue Foundry's End Period Cash Flow and Change Receivables is 0.47. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Change Receivables in the same time period over historical financial statements of Blue Foundry Bancorp, assuming nothing else is changed. The correlation between historical values of Blue Foundry's End Period Cash Flow and Change Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which End Period Cash Flow of Blue Foundry Bancorp are associated (or correlated) with its Change Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change Receivables has no effect on the direction of End Period Cash Flow i.e., Blue Foundry's End Period Cash Flow and Change Receivables go up and down completely randomly.
Correlation Coefficient | 0.47 |
Relationship Direction | Positive |
Relationship Strength | Weak |
End Period Cash Flow
Change Receivables
The difference in the amount of accounts receivable from one accounting period to the next. A positive number indicates an increase in receivables, while a negative number indicates a decrease.Most indicators from Blue Foundry's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blue Foundry 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Foundry 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 census. At this time, Blue Foundry's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.76 in 2024, whereas Tax Provision is likely to drop slightly above 154.8 K in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 56.1M | 62.4M | 76.3M | 70.7M | Net Interest Income | 42.9M | 51.8M | 45.7M | 48.9M |
Blue Foundry fundamental ratios Correlations
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Blue Foundry Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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