Independent Common Stock Total Equity vs Long Term Debt Analysis
IBTX Stock | USD 43.94 0.76 1.76% |
Independent Bank financial indicator trend analysis is infinitely more than just investigating Independent Bank recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Independent Bank is a good investment. Please check the relationship between Independent Bank Common Stock Total Equity and its Long Term Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Independent Bank Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Independent Stock please use our How to Invest in Independent Bank guide.
Common Stock Total Equity vs Long Term Debt
Common Stock Total Equity vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Independent Bank Common Stock Total Equity account and Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Independent Bank's Common Stock Total Equity and Long Term Debt is 0.77. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Independent Bank Group, assuming nothing else is changed. The correlation between historical values of Independent Bank's Common Stock Total Equity and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Independent Bank Group are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Common Stock Total Equity i.e., Independent Bank's Common Stock Total Equity and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Long Term Debt
Long-term debt is a debt that Independent Bank has held for over one year. Long-term debt appears on Independent Bank Group balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Independent Bank Group balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from Independent Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Independent Bank 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Independent Bank Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Independent Stock please use our How to Invest in Independent Bank guide.At this time, Independent Bank's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 172.98 in 2024, whereas Selling General Administrative is likely to drop slightly above 124.4 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 63.2M | 96.8M | 56.4M | 54.8M | Depreciation And Amortization | 12.6M | 12.5M | 12.4M | 7.1M |
Independent Bank fundamental ratios Correlations
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Independent Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Independent Bank fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 15.0B | 17.8B | 18.7B | 18.3B | 19.0B | 10.1B | |
Short Long Term Debt Total | 581.1M | 741.2M | 487.6M | 621.5M | 676.4M | 486.9M | |
Total Stockholder Equity | 2.3B | 2.5B | 2.6B | 2.4B | 2.4B | 1.4B | |
Property Plant And Equipment Net | 242.9M | 249.5M | 308.0M | 355.4M | 355.8M | 185.8M | |
Net Debt | 10.2M | (1.1B) | (2.1B) | (33.3M) | (45.8M) | (48.1M) | |
Retained Earnings | 393.7M | 543.8M | 625.5M | 638.4M | 616.7M | 647.6M | |
Cash | 570.9M | 1.8B | 2.6B | 654.8M | 722.2M | 666.1M | |
Non Current Assets Total | 2.4B | 2.5B | 3.4B | 3.3B | 18.3B | 19.2B | |
Non Currrent Assets Other | (6.9M) | (3.9M) | (26.2M) | (78.7M) | 16.1B | 16.9B | |
Other Assets | 10.9B | 12.3B | 10.7B | 12.6B | 14.5B | 7.8B | |
Cash And Short Term Investments | 1.7B | 3.0B | 4.6B | 2.3B | 1.7B | 1.4B | |
Common Stock Total Equity | 430K | 431K | 428K | 412K | 473.8K | 268.8K | |
Common Stock Shares Outstanding | 43.0M | 42.8M | 42.7M | 41.5M | 41.3M | 27.9M | |
Short Term Investments | 1.1B | 1.2B | 2.0B | 1.7B | 1.6B | 803.8M | |
Liabilities And Stockholders Equity | 15.0B | 17.8B | 18.7B | 18.3B | 19.0B | 10.1B | |
Non Current Liabilities Total | 581.1M | 741.2M | 487.6M | 15.9B | 13.1B | 13.8B | |
Other Current Assets | 575.7M | 1.8B | 2.7B | 735.2M | 731.7M | 695.1M | |
Other Stockholder Equity | 1.9B | 1.9B | 1.9B | 2.0B | 2.0B | 1.1B | |
Total Liab | 12.6B | 15.2B | 16.2B | 15.9B | 16.6B | 8.7B | |
Property Plant And Equipment Gross | 242.9M | 249.5M | 380.0M | 434.8M | 451.0M | 473.5M | |
Total Current Assets | 1.7B | 3.0B | 4.6B | 2.3B | 731.7M | 695.1M | |
Accumulated Other Comprehensive Income | 19.3M | 36.3M | 5.2M | (212.6M) | (181.2M) | (172.2M) | |
Intangible Assets | 100.7M | 88.1M | 75.5M | 63.0M | 50.6M | 41.0M | |
Common Stock | 430K | 431K | 428K | 412K | 413K | 282.1K | |
Other Liab | 60.4M | 98.0M | 114.5M | 104.2M | 119.8M | 125.8M | |
Accounts Payable | 11.9B | 14.4B | 15.6B | 15.1B | 17.4B | 18.3B | |
Long Term Debt | 556.6M | 366.2M | 487.6M | 621.5M | 642.7M | 674.8M | |
Inventory | 4.9M | 589K | 114K | 47.9M | 43.1M | 45.3M | |
Property Plant Equipment | 281.7M | 249.9M | 308.0M | 379.3M | 436.2M | 458.0M | |
Other Current Liab | (24.5M) | (6.5M) | (17M) | 7.6B | 3.5B | 3.3B | |
Total Current Liabilities | 24.5M | 6.5M | 17M | 7.6B | 3.5B | 3.4B | |
Net Tangible Assets | 1.2B | 1.4B | 1.5B | 1.3B | 1.5B | 907.3M | |
Long Term Debt Total | 256.1M | 366.2M | 337.6M | 321.5M | 369.7M | 212.6M | |
Capital Surpluse | 1.9B | 1.9B | 1.9B | 2.0B | 2.3B | 1.3B | |
Long Term Investments | 1.1B | 14.2B | 2.0B | 1.9B | 1.8B | 1.7B | |
Short Long Term Debt | 24.5M | 6.5M | 17M | 0.0 | 33.8M | 32.1M | |
Short Term Debt | 24.5M | 6.5M | 17M | 5.4M | 33.8M | 32.1M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Independent Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Independent Bank'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 Independent Bank Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Independent Bank Group Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Independent Bank Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Independent Stock please use our How to Invest in Independent Bank guide.You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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When running Independent Bank's price analysis, check to measure Independent Bank'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 Independent Bank is operating at the current time. Most of Independent Bank's value examination focuses on studying past and present price action to predict the probability of Independent Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Independent Bank's price. Additionally, you may evaluate how the addition of Independent Bank to your portfolios can decrease your overall portfolio volatility.
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Is Independent Bank'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 Independent Bank. If investors know Independent 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 Independent Bank 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 (0.64) | Dividend Share 1.52 | Earnings Share 2.53 | Revenue Per Share 11.705 | Quarterly Revenue Growth (0.15) |
The market value of Independent Bank is measured differently than its book value, which is the value of Independent that is recorded on the company's balance sheet. Investors also form their own opinion of Independent Bank's value that differs from its market value or its book value, called intrinsic value, which is Independent Bank'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 Independent Bank's market value can be influenced by many factors that don't directly affect Independent Bank'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 Independent Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Independent Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Independent Bank'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.