Kearny Financial Corp Stock Probability Of Bankruptcy
| KRNY Stock | USD 5.86 0.04 0.69% |
Kearny | Probability Of Bankruptcy |
Kearny Financial Corp Company probability of bankruptcy Analysis
Kearny Financial's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
More About Probability Of Bankruptcy | All Equity Analysis
Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current Kearny Financial Probability Of Bankruptcy | Less than 6% |
Most of Kearny Financial's fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Kearny Financial Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Kearny Financial probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Kearny Financial odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Kearny Financial Corp financial health.
Is Kearny Financial's industry 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 Kearny Financial. If investors know Kearny 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 Kearny Financial 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 (0.38) | Dividend Share 0.44 | Earnings Share 0.29 | Revenue Per Share 2.339 | Quarterly Revenue Growth (0.49) |
The market value of Kearny Financial Corp is measured differently than its book value, which is the value of Kearny that is recorded on the company's balance sheet. Investors also form their own opinion of Kearny Financial's value that differs from its market value or its book value, called intrinsic value, which is Kearny Financial'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 Kearny Financial's market value can be influenced by many factors that don't directly affect Kearny Financial'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 Kearny Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kearny Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kearny Financial'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.
Kearny Probability Of Bankruptcy Driver Correlations
Understanding the fundamental principles of building solid financial models for Kearny Financial is extremely important. It helps to project a fair market value of Kearny Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Kearny Financial's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Kearny Financial's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Kearny Financial's interrelated accounts and indicators.
Click cells to compare fundamentals
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
| Competition |
Based on the latest financial disclosure, Kearny Financial Corp has a Probability Of Bankruptcy of 6.0%. This is 87.98% lower than that of the Thrifts & Mortgage Finance sector and significantly higher than that of the Financials industry. The probability of bankruptcy for all United States stocks is 84.94% higher than that of the company.
Kearny Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Kearny Financial's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Kearny Financial could also be used in its relative valuation, which is a method of valuing Kearny Financial by comparing valuation metrics of similar companies.Kearny Financial is currently under evaluation in probability of bankruptcy category among related companies.
Kearny Financial Main Bankruptcy Drivers
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Return On Assets | 0.006653 | 0.008681 | 0.00875 | 0.00506 | 0.004554 | 0.003383 | |
| Asset Turnover | 0.0255 | 0.025 | 0.0283 | 0.0273 | 0.0221 | 0.0274 | |
| Net Debt | 992.2M | 618.0M | 799.7M | 1.4B | 1.7B | 1.7B | |
| Total Current Liabilities | 5.7M | 2.9B | 49.4M | 6.0B | 6.9B | 7.2B | |
| Non Current Liabilities Total | 1.2B | 685.9M | 901.3M | 1.5B | 1.7B | 903.7M | |
| Total Assets | 6.8B | 7.3B | 7.7B | 8.1B | 9.3B | 9.7B | |
| Total Current Assets | 1.6B | 1.8B | 6.0B | 1.3B | 1.5B | 2.3B | |
| Total Cash From Operating Activities | 19.8M | 75.4M | 81.3M | 69.5M | 80.0M | 84.0M |
Kearny Fundamentals
| Return On Equity | 0.0213 | ||||
| Return On Asset | 0.0023 | ||||
| Profit Margin | 0.12 % | ||||
| Operating Margin | (0.60) % | ||||
| Current Valuation | 1.91 B | ||||
| Shares Outstanding | 64.44 M | ||||
| Shares Owned By Insiders | 11.70 % | ||||
| Shares Owned By Institutions | 64.52 % | ||||
| Number Of Shares Shorted | 995.36 K | ||||
| Price To Earning | 13.29 X | ||||
| Price To Book | 0.44 X | ||||
| Price To Sales | 2.52 X | ||||
| Revenue | 178.62 M | ||||
| Gross Profit | 176.13 M | ||||
| EBITDA | 58.67 M | ||||
| Net Income | 40.81 M | ||||
| Cash And Equivalents | 142.84 M | ||||
| Cash Per Share | 2.17 X | ||||
| Total Debt | 1.51 B | ||||
| Debt To Equity | 2.92 % | ||||
| Book Value Per Share | 13.64 X | ||||
| Cash Flow From Operations | 69.55 M | ||||
| Short Ratio | 2.23 X | ||||
| Earnings Per Share | 0.29 X | ||||
| Price To Earnings To Growth | 15.99 X | ||||
| Target Price | 6.88 | ||||
| Number Of Employees | 556 | ||||
| Beta | 0.7 | ||||
| Market Capitalization | 375.02 M | ||||
| Total Asset | 8.06 B | ||||
| Retained Earnings | 457.61 M | ||||
| Annual Yield | 0.08 % | ||||
| Five Year Return | 2.29 % | ||||
| Net Asset | 8.06 B | ||||
| Last Dividend Paid | 0.44 |
About Kearny Financial Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Kearny Financial Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kearny Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kearny Financial Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Kearny Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Kearny Financial's short interest history, or implied volatility extrapolated from Kearny Financial options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Kearny Financial Piotroski F Score and Kearny Financial Altman Z Score analysis. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for Kearny Stock analysis
When running Kearny Financial's price analysis, check to measure Kearny Financial'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 Kearny Financial is operating at the current time. Most of Kearny Financial's value examination focuses on studying past and present price action to predict the probability of Kearny Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kearny Financial's price. Additionally, you may evaluate how the addition of Kearny Financial to your portfolios can decrease your overall portfolio volatility.
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |
Is Kearny Financial's industry 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 Kearny Financial. If investors know Kearny 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 Kearny Financial 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 (0.38) | Dividend Share 0.44 | Earnings Share 0.29 | Revenue Per Share 2.339 | Quarterly Revenue Growth (0.49) |
The market value of Kearny Financial Corp is measured differently than its book value, which is the value of Kearny that is recorded on the company's balance sheet. Investors also form their own opinion of Kearny Financial's value that differs from its market value or its book value, called intrinsic value, which is Kearny Financial'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 Kearny Financial's market value can be influenced by many factors that don't directly affect Kearny Financial'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 Kearny Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kearny Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kearny Financial'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.