Blue Non Current Liabilities Total vs Total Current Liabilities Analysis
BLFY Stock | USD 11.00 0.01 0.09% |
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 Non Current Liabilities Total and its Total Current Liabilities 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.
Non Current Liabilities Total vs Total Current Liabilities
Non Current Liabilities Total vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blue Foundry Bancorp Non Current Liabilities Total account and Total Current Liabilities. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Blue Foundry's Non Current Liabilities Total and Total Current Liabilities is -0.67. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Current Liabilities 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 Non Current Liabilities Total and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Blue Foundry Bancorp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Non Current Liabilities Total i.e., Blue Foundry's Non Current Liabilities Total and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.67 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Non Current Liabilities Total
Total Current Liabilities
Total Current Liabilities is an item on Blue Foundry balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Blue Foundry Bancorp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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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When running Blue Foundry's price analysis, check to measure Blue Foundry's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Blue Foundry is operating at the current time. Most of Blue Foundry's value examination focuses on studying past and present price action to predict the probability of Blue Foundry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blue Foundry's price. Additionally, you may evaluate how the addition of Blue Foundry to your portfolios can decrease your overall portfolio volatility.