Valley Change To Account Receivables vs Change Receivables Analysis

VLY Stock  USD 10.38  0.01  0.1%   
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 Change To Account Receivables and its Change Receivables 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.

Change To Account Receivables vs Change Receivables

Change To Account Receivables vs Change Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Valley National Bancorp Change To Account Receivables account and Change Receivables. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Valley National's Change To Account Receivables and Change Receivables is 0.93. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Change Receivables 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 Change To Account Receivables 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 Change To Account Receivables of Valley National 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 Change To Account Receivables i.e., Valley National's Change To Account Receivables and Change Receivables go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Change To Account Receivables

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 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.
 2021 2022 2023 2024 (projected)
EBIT608.1M618.0M678.3M378.6M
Operating Income640.7M1.1B689.2M392.4M

Valley National fundamental ratios Correlations

1.00.280.010.680.990.960.030.930.480.670.470.130.510.840.961.00.95-0.430.440.780.960.99-0.650.11-0.22
1.00.250.060.711.00.970.020.950.440.70.510.090.490.870.951.00.96-0.460.40.820.960.99-0.630.09-0.2
0.280.250.090.080.230.340.870.00.190.080.080.290.20.210.190.250.280.360.53-0.070.230.310.0-0.20.21
0.010.060.090.480.020.080.130.17-0.090.510.69-0.6-0.360.46-0.220.070.23-0.09-0.30.360.0-0.020.64-0.160.67
0.680.710.080.480.680.640.080.790.01.00.93-0.6-0.130.830.610.710.81-0.390.370.80.690.63-0.34-0.120.05
0.991.00.230.020.680.97-0.010.950.460.680.480.110.530.840.961.00.96-0.50.390.80.960.99-0.650.12-0.25
0.960.970.340.080.640.970.080.890.490.650.470.110.60.830.910.970.97-0.530.350.730.920.98-0.550.13-0.24
0.030.020.870.130.08-0.010.08-0.2-0.320.070.120.1-0.240.11-0.010.030.080.510.55-0.110.010.060.1-0.530.25
0.930.950.00.170.790.950.89-0.20.40.790.61-0.130.380.890.880.950.94-0.630.220.90.90.9-0.560.16-0.17
0.480.440.19-0.090.00.460.49-0.320.40.02-0.070.360.850.190.390.440.38-0.33-0.080.090.420.48-0.180.68-0.09
0.670.70.080.511.00.680.650.070.790.020.95-0.62-0.110.830.60.710.81-0.40.330.80.690.63-0.32-0.10.07
0.470.510.080.690.930.480.470.120.61-0.070.95-0.73-0.250.730.360.510.66-0.30.210.690.50.43-0.06-0.160.27
0.130.090.29-0.6-0.60.110.110.1-0.130.36-0.62-0.730.55-0.210.170.09-0.110.30.09-0.220.070.19-0.20.12-0.15
0.510.490.2-0.36-0.130.530.6-0.240.380.85-0.11-0.250.550.160.520.480.42-0.47-0.020.070.470.56-0.360.52-0.44
0.840.870.210.460.830.840.830.110.890.190.830.73-0.210.160.720.870.91-0.460.20.930.760.81-0.28-0.070.13
0.960.950.19-0.220.610.960.91-0.010.880.390.60.360.170.520.720.950.89-0.440.510.710.940.96-0.830.11-0.41
1.01.00.250.070.711.00.970.030.950.440.710.510.090.480.870.950.96-0.460.40.830.960.99-0.620.08-0.19
0.950.960.280.230.810.960.970.080.940.380.810.66-0.110.420.910.890.96-0.540.360.820.920.95-0.520.06-0.16
-0.43-0.460.36-0.09-0.39-0.5-0.530.51-0.63-0.33-0.4-0.30.3-0.47-0.46-0.44-0.46-0.540.31-0.5-0.42-0.430.26-0.270.46
0.440.40.53-0.30.370.390.350.550.22-0.080.330.210.09-0.020.20.510.40.360.310.090.450.43-0.61-0.22-0.31
0.780.82-0.070.360.80.80.73-0.110.90.090.80.69-0.220.070.930.710.830.82-0.50.090.760.75-0.36-0.150.06
0.960.960.230.00.690.960.920.010.90.420.690.50.070.470.760.940.960.92-0.420.450.760.96-0.670.02-0.28
0.990.990.31-0.020.630.990.980.060.90.480.630.430.190.560.810.960.990.95-0.430.430.750.96-0.660.1-0.26
-0.65-0.630.00.64-0.34-0.65-0.550.1-0.56-0.18-0.32-0.06-0.2-0.36-0.28-0.83-0.62-0.520.26-0.61-0.36-0.67-0.66-0.110.66
0.110.09-0.2-0.16-0.120.120.13-0.530.160.68-0.1-0.160.120.52-0.070.110.080.06-0.27-0.22-0.150.020.1-0.11-0.04
-0.22-0.20.210.670.05-0.25-0.240.25-0.17-0.090.070.27-0.15-0.440.13-0.41-0.19-0.160.46-0.310.06-0.28-0.260.66-0.04
Click cells to compare fundamentals

Valley National Account Relationship Matchups

Valley National fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding340.1M405.0M410.0M487.8M509.2M534.7M
Total Assets37.5B40.7B43.4B57.5B60.9B64.0B
Short Long Term Debt Total3.6B3.8B2.4B2.1B3.7B2.1B
Other Current Liab(1.1B)(1.1B)(500M)358.9M13.0B13.6B
Total Current Liabilities1.1B1.1B655.7M497.6M14.1B14.8B
Total Stockholder Equity4.4B4.6B5.1B6.4B6.7B7.0B
Property Plant And Equipment Net619.7M571.9M585.4M664.9M724.5M760.8M
Net Debt3.1B2.4B369.0M1.1B2.8B1.6B
Retained Earnings443.6M611.2M883.6M1.2B1.5B1.5B
Cash434.7M1.3B2.0B947.9M891.2M460.6M
Non Current Assets Total6.0B5.6B6.0B2.7B59.9B62.9B
Non Currrent Assets Other(154.3M)(170.2M)(161.8M)(5.5B)52.1B54.7B
Other Assets29.3B32.3B34.2B52.3B(114.8M)(109.1M)
Cash And Short Term Investments2.0B2.7B3.2B2.2B891.2M688.9M
Net Receivables105.6M106.2M96.9M196.6M245.5M257.8M
Liabilities And Stockholders Equity37.5B40.7B43.4B57.5B60.9B64.0B
Other Stockholder Equity3.6B3.6B3.9B5.0B5.0B5.2B
Total Liab33.1B36.1B38.4B51.1B54.2B56.9B
Property Plant And Equipment Gross619.7M571.9M585.4M664.9M960.1M1.0B
Total Current Assets2.1B2.8B3.3B2.4B1.1B1.1B
Short Term Debt1.1B1.1B500M138.7M1.1B1.2B
Non Current Liabilities Total2.5B2.6B1.8B50.6B52.9B55.6B
Accumulated Other Comprehensive Income(32.2M)(7.7M)(17.9M)(164.0M)(146.5M)(139.1M)
Common Stock Total Equity141.4M141.7M148.5M178.2M204.9M215.2M
Common Stock141.4M141.7M148.5M178.2M178.2M187.1M
Other Liab4.3M2.8M2.7M2.4M2.2M2.1M
Accounts Payable284.7M382.0M35.6B1.3B1.2B1.1B
Long Term Debt55.7M56.1M1.5B1.6B2.4B1.6B
Good Will1.4B1.4B1.5B1.9B2.1B2.3B
Short Term Investments1.6B1.3B1.1B1.3B28.7M27.2M
Inventory(549.7M)(1.4B)(2.2B)(1.2B)38.6M40.5M
Treasury Stock(479K)(225K)(22.9M)(21.7M)(25.0M)(26.3M)
Intangible Assets86.8M70.4M70.4M197.5M160.3M168.3M
Property Plant Equipment334.5M319.8M585.4M358.6M412.3M282.5M
Other Current Assets549.7M1.4B2.2B1.2B1.1B1.1B
Net Tangible Assets2.7B2.9B3.3B4.1B4.7B5.0B
Retained Earnings Total Equity443.6M611.2M883.6M1.2B1.4B1.5B
Long Term Debt Total55.7M56.1M56.4M56.8M51.1M48.5M
Capital Surpluse3.6B3.6B3.9B5.0B5.7B6.0B

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