Northfield Capital Surpluse vs Short Term Investments Analysis

NFBK Stock  USD 13.43  0.17  1.25%   
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 Capital Surpluse and its Short Term Investments 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.

Capital Surpluse vs Short Term Investments

Capital Surpluse vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northfield Bancorp Capital Surpluse account and Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Northfield Bancorp's Capital Surpluse and Short Term Investments is 0.44. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Short Term Investments 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 Capital Surpluse and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of Northfield Bancorp are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Capital Surpluse i.e., Northfield Bancorp's Capital Surpluse and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Capital Surpluse

Short Term Investments

Short Term Investments is an item under the current assets section of Northfield Bancorp balance sheet. It contains any investments Northfield Bancorp undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Northfield Bancorp can easily liquidate in the marketplace.
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.At this time, Northfield Bancorp's Tax Provision is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 16.14 this year, although Enterprise Value will most likely fall to about 653.6 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
Click cells to compare fundamentals

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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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.