Kearny Depreciation And Amortization vs Net Income From Continuing Ops Analysis

KRNY Stock  USD 5.65  0.01  0.18%   
Kearny Financial financial indicator trend analysis is infinitely more than just investigating Kearny Financial Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kearny Financial Corp is a good investment. Please check the relationship between Kearny Financial Depreciation And Amortization and its Net Income From Continuing Ops accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kearny Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Depreciation And Amortization vs Net Income From Continuing Ops

Depreciation And Amortization vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kearny Financial Corp Depreciation And Amortization account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Kearny Financial's Depreciation And Amortization and Net Income From Continuing Ops is 0.91. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Kearny Financial Corp, assuming nothing else is changed. The correlation between historical values of Kearny Financial's Depreciation And Amortization and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Kearny Financial Corp are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Depreciation And Amortization i.e., Kearny Financial's Depreciation And Amortization and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Net Income From Continuing Ops

Most indicators from Kearny Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kearny Financial Corp 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 Kearny Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
At this time, Kearny Financial's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 13.8 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.48 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense29.7M117.9M135.5M142.3M
Depreciation And Amortization6.7M6.3M7.2M3.9M

Kearny Financial fundamental ratios Correlations

0.210.230.430.20.480.190.150.180.2-0.080.290.130.130.180.050.30.360.040.2-0.030.160.410.250.120.24
0.210.930.50.70.770.930.830.45-0.390.70.750.360.870.90.960.81-0.540.90.83-0.67-0.290.420.150.920.04
0.230.930.50.480.690.990.730.58-0.360.550.690.280.950.720.930.73-0.490.720.9-0.65-0.330.430.190.85-0.06
0.430.50.50.510.680.450.430.220.120.290.810.410.340.460.310.61-0.60.390.62-0.270.20.990.390.210.35
0.20.70.480.510.810.510.730.31-0.430.820.580.240.490.790.580.85-0.360.790.59-0.51-0.260.42-0.060.51-0.02
0.480.770.690.680.810.690.70.3-0.310.750.690.380.660.760.60.96-0.280.710.79-0.59-0.140.60.40.560.1
0.190.930.990.450.510.690.730.58-0.470.580.650.270.970.710.940.73-0.480.730.9-0.65-0.360.380.180.85-0.09
0.150.830.730.430.730.70.730.27-0.390.660.60.420.670.780.790.82-0.370.770.83-0.57-0.20.330.00.820.04
0.180.450.580.220.310.30.580.27-0.220.270.29-0.450.630.370.540.3-0.190.370.47-0.56-0.70.18-0.470.3-0.58
0.2-0.39-0.360.12-0.43-0.31-0.47-0.39-0.22-0.480.0-0.06-0.54-0.23-0.46-0.410.1-0.39-0.390.230.320.190.07-0.370.25
-0.080.70.550.290.820.750.580.660.27-0.480.370.230.610.710.660.82-0.380.740.62-0.64-0.410.210.080.6-0.2
0.290.750.690.810.580.690.650.60.290.00.370.360.510.750.60.69-0.670.690.7-0.49-0.010.790.310.530.26
0.130.360.280.410.240.380.270.42-0.45-0.060.230.360.180.210.250.42-0.230.180.370.240.710.390.560.410.82
0.130.870.950.340.490.660.970.670.63-0.540.610.510.180.670.910.71-0.40.710.86-0.68-0.440.260.130.8-0.19
0.180.90.720.460.790.760.710.780.37-0.230.710.750.210.670.790.78-0.490.980.66-0.77-0.320.380.090.770.03
0.050.960.930.310.580.60.940.790.54-0.460.660.60.250.910.790.69-0.50.820.79-0.65-0.420.23-0.020.94-0.12
0.30.810.730.610.850.960.730.820.3-0.410.820.690.420.710.780.69-0.340.750.86-0.63-0.20.520.290.660.04
0.36-0.54-0.49-0.6-0.36-0.28-0.48-0.37-0.190.1-0.38-0.67-0.23-0.4-0.49-0.5-0.34-0.55-0.490.380.09-0.6-0.16-0.35-0.09
0.040.90.720.390.790.710.730.770.37-0.390.740.690.180.710.980.820.75-0.550.65-0.78-0.370.30.050.78-0.03
0.20.830.90.620.590.790.90.830.47-0.390.620.70.370.860.660.790.86-0.490.65-0.62-0.250.550.230.71-0.04
-0.03-0.67-0.65-0.27-0.51-0.59-0.65-0.57-0.560.23-0.64-0.490.24-0.68-0.77-0.65-0.630.38-0.78-0.620.68-0.2-0.02-0.540.45
0.16-0.29-0.330.2-0.26-0.14-0.36-0.2-0.70.32-0.41-0.010.71-0.44-0.32-0.42-0.20.09-0.37-0.250.680.250.49-0.250.93
0.410.420.430.990.420.60.380.330.180.190.210.790.390.260.380.230.52-0.60.30.55-0.20.250.410.120.37
0.250.150.190.39-0.060.40.180.0-0.470.070.080.310.560.130.09-0.020.29-0.160.050.23-0.020.490.410.080.54
0.120.920.850.210.510.560.850.820.3-0.370.60.530.410.80.770.940.66-0.350.780.71-0.54-0.250.120.080.05
0.240.04-0.060.35-0.020.1-0.090.04-0.580.25-0.20.260.82-0.190.03-0.120.04-0.09-0.03-0.040.450.930.370.540.05
Click cells to compare fundamentals

Kearny Financial Account Relationship Matchups

Kearny Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding82.4M82.4M70.9M64.8M74.5M89.7M
Total Assets6.8B7.3B7.7B8.1B9.3B9.7B
Short Long Term Debt Total1.2B685.9M901.3M1.5B1.7B1.8B
Total Stockholder Equity1.1B1.0B894M869.3M999.7M739.1M
Other Liab35.2M69.6M43.1M42.3M48.7M28.1M
Property Plant And Equipment Net57.4M56.3M53.3M48.3M55.6M45.0M
Net Debt992.2M618.0M799.7M1.4B1.7B1.7B
Retained Earnings387.9M408.4M445.5M457.6M526.3M376.0M
Accounts Payable4.4B5.5B(3.7B)5.6B6.5B6.8B
Cash181.0M67.9M101.6M70.5M63.5M116.5M
Non Current Assets Total1.7B2.0B1.7B1.6B1.9B1.3B
Non Currrent Assets Other(25.5M)(29.3M)(49.4M)(52.0M)(59.8M)(62.8M)
Other Assets3.5B3.5B9.4B5.1B5.9B4.4B
Long Term Debt1.2B665.9M651.3M1.5B1.7B1.8B
Cash And Short Term Investments1.6B1.7B1.4B1.3B1.5B1.6B
Net Receivables17.4M19.4M20.5M28.1M32.4M34.0M
Common Stock Total Equity996K891K837K790K711K675.5K
Short Term Investments1.4B1.7B1.3B1.2B1.4B1.5B
Liabilities And Stockholders Equity6.8B7.3B7.7B8.1B9.3B9.7B
Non Current Liabilities Total1.2B685.9M901.3M1.5B1.7B903.7M
Inventory(198.5M)(87.4M)(20.5M)(111.6M)(100.4M)(95.4M)
Other Current Assets198.5M87.4M4.5B111.6M128.3M121.9M
Other Stockholder Equity694.2M627.6M503.6M480.5M552.5M362.9M
Total Liab5.7B685.9M6.8B1.5B1.7B3.2B
Property Plant And Equipment Gross57.4M56.3M101.5M99.5M114.4M120.1M
Total Current Assets1.6B1.8B6.0B1.3B1.5B2.3B
Accumulated Other Comprehensive Income1.3M6.1M(55.7M)(69.5M)(62.5M)(59.4M)
Intangible Assets4.0M3.7M3.0M2.5M2.2M2.1M
Common Stock837K790K687K659K593.1K563.4K
Property Plant Equipment73.9M56.3M53.3M64.4M74.1M46.7M
Other Current Liab(5.7M)2.5B2.9B4.8B5.5B5.7B
Total Current Liabilities5.7M2.9B49.4M6.0B6.9B7.2B
Net Tangible Assets869.3M828.3M680.1M655.9M754.3M840.6M
Long Term Investments1.4B1.7B1.5B1.4B1.2B1.1B
Short Long Term Debt5.7M0.0250M225M202.5M305.5M

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When determining whether Kearny Financial Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kearny Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Kearny Financial Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kearny Financial Corp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kearny Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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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
(0.25)
Dividend Share
0.44
Earnings Share
0.25
Revenue Per Share
2.277
Quarterly Revenue Growth
(0.12)
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.