Independent Ebt Per Ebit vs Gross Profit Analysis

IBTX Stock

USD 38.83 1.19 3.16%

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 Ebt Per Ebit and its Gross Profit 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.

Ebt Per Ebit vs Gross Profit

Ebt Per Ebit vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Independent Bank Ebt Per Ebit account and Gross Profit. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Independent Bank's Ebt Per Ebit and Gross Profit is -0.29. Overlapping area represents the amount of variation of Ebt Per Ebit that can explain the historical movement of Gross Profit 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 Ebt Per Ebit and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebt Per Ebit of Independent Bank Group are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Ebt Per Ebit i.e., Independent Bank's Ebt Per Ebit and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.29

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Ebt Per Ebit

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Independent Bank Group minus its cost of goods sold. It is profit before Independent Bank operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

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

Interest Expense Depreciation And Amortization

Independent Bank fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Common Stock	Other Liab	Accounts Payable	Long Term Debt
Total Assets		0.81	0.99	0.97	-0.54	0.93	0.72	0.46	0.31	0.93	0.86	0.92	0.98	0.99	0.96	0.52	-0.11	0.99	1.0	0.84	0.06	0.9	0.98	0.88	0.9	0.81
Short Long Term Debt Total	0.81		0.82	0.73	-0.23	0.71	0.5	0.38	0.26	0.91	0.62	0.8	0.85	0.83	0.71	0.39	0.21	0.84	0.81	0.61	0.33	0.76	0.85	0.62	0.68	0.57
Total Stockholder Equity	0.99	0.82		0.95	-0.52	0.91	0.71	0.42	0.26	0.95	0.85	0.93	0.99	1.0	0.94	0.44	-0.04	1.0	0.99	0.81	0.13	0.94	0.99	0.85	0.89	0.78
Property Plant And Equipment Net	0.97	0.73	0.95		-0.46	0.92	0.63	0.52	0.38	0.89	0.8	0.89	0.94	0.94	0.97	0.64	-0.21	0.95	0.98	0.89	-0.06	0.82	0.93	0.89	0.9	0.86
Net Debt	-0.54	-0.23	-0.52	-0.46		-0.5	-0.95	-0.04	0.07	-0.3	-0.87	-0.39	-0.46	-0.5	-0.61	0.08	0.14	-0.47	-0.54	-0.39	-0.02	-0.5	-0.48	-0.52	-0.45	-0.33
Retained Earnings	0.93	0.71	0.91	0.92	-0.5		0.67	0.67	0.54	0.84	0.81	0.96	0.89	0.9	0.91	0.7	-0.22	0.9	0.93	0.96	-0.09	0.8	0.89	0.99	0.98	0.92
Cash	0.72	0.5	0.71	0.63	-0.95	0.67		0.18	0.05	0.54	0.96	0.6	0.66	0.69	0.76	0.07	-0.08	0.67	0.73	0.55	0.1	0.67	0.68	0.67	0.62	0.48
Non Current Assets Total	0.46	0.38	0.42	0.52	-0.04	0.67	0.18		0.98	0.45	0.24	0.67	0.45	0.42	0.44	0.78	-0.33	0.42	0.47	0.79	-0.37	0.26	0.41	0.74	0.71	0.74
Non Currrent Assets Other	0.31	0.26	0.26	0.38	0.07	0.54	0.05	0.98		0.31	0.09	0.54	0.3	0.27	0.29	0.72	-0.32	0.27	0.32	0.67	-0.41	0.11	0.26	0.61	0.58	0.63
Other Assets	0.93	0.91	0.95	0.89	-0.3	0.84	0.54	0.45	0.31		0.7	0.9	0.96	0.94	0.86	0.48	0.18	0.96	0.93	0.75	0.3	0.84	0.95	0.77	0.81	0.69
Cash And Short Term Investments	0.86	0.62	0.85	0.8	-0.87	0.81	0.96	0.24	0.09	0.7		0.74	0.81	0.84	0.9	0.25	-0.08	0.82	0.86	0.7	0.12	0.8	0.83	0.78	0.76	0.64
Good Will	0.92	0.8	0.93	0.89	-0.39	0.96	0.6	0.67	0.54	0.9	0.74		0.93	0.93	0.87	0.62	-0.09	0.93	0.92	0.92	0.03	0.86	0.93	0.93	0.96	0.89
Common Stock Total Equity	0.98	0.85	0.99	0.94	-0.46	0.89	0.66	0.45	0.3	0.96	0.81	0.93		0.99	0.93	0.46	-0.02	0.99	0.98	0.8	0.13	0.92	0.99	0.83	0.87	0.77
Common Stock Shares Outstanding	0.99	0.83	1.0	0.94	-0.5	0.9	0.69	0.42	0.27	0.94	0.84	0.93	0.99		0.93	0.45	-0.06	1.0	0.98	0.8	0.11	0.95	1.0	0.84	0.88	0.8
Short Term Investments	0.96	0.71	0.94	0.97	-0.61	0.91	0.76	0.44	0.29	0.86	0.9	0.87	0.93	0.93		0.53	-0.13	0.94	0.97	0.86	0.05	0.83	0.92	0.87	0.88	0.81
Non Current Liabilities Total	0.52	0.39	0.44	0.64	0.08	0.7	0.07	0.78	0.72	0.48	0.25	0.62	0.46	0.45	0.53		-0.4	0.47	0.53	0.83	-0.38	0.25	0.44	0.71	0.68	0.77
Other Current Assets	-0.11	0.21	-0.04	-0.21	0.14	-0.22	-0.08	-0.33	-0.32	0.18	-0.08	-0.09	-0.02	-0.06	-0.13	-0.4		-0.03	-0.12	-0.32	0.97	-0.07	0.0	-0.3	-0.26	-0.47
Other Stockholder Equity	0.99	0.84	1.0	0.95	-0.47	0.9	0.67	0.42	0.27	0.96	0.82	0.93	0.99	1.0	0.94	0.47	-0.03		0.98	0.81	0.13	0.94	1.0	0.84	0.88	0.79
Total Liab	1.0	0.81	0.99	0.98	-0.54	0.93	0.73	0.47	0.32	0.93	0.86	0.92	0.98	0.98	0.97	0.53	-0.12	0.98		0.85	0.05	0.89	0.98	0.88	0.9	0.82
Property Plant And Equipment Gross	0.84	0.61	0.81	0.89	-0.39	0.96	0.55	0.79	0.67	0.75	0.7	0.92	0.8	0.8	0.86	0.83	-0.32	0.81	0.85		-0.21	0.66	0.79	0.97	0.95	0.95
Total Current Assets	0.06	0.33	0.13	-0.06	-0.02	-0.09	0.1	-0.37	-0.41	0.3	0.12	0.03	0.13	0.11	0.05	-0.38	0.97	0.13	0.05	-0.21		0.11	0.16	-0.18	-0.15	-0.37
Intangible Assets	0.9	0.76	0.94	0.82	-0.5	0.8	0.67	0.26	0.11	0.84	0.8	0.86	0.92	0.95	0.83	0.25	-0.07	0.94	0.89	0.66	0.11		0.95	0.73	0.81	0.71
Common Stock	0.98	0.85	0.99	0.93	-0.48	0.89	0.68	0.41	0.26	0.95	0.83	0.93	0.99	1.0	0.92	0.44	0.0	1.0	0.98	0.79	0.16	0.95		0.83	0.87	0.77
Other Liab	0.88	0.62	0.85	0.89	-0.52	0.99	0.67	0.74	0.61	0.77	0.78	0.93	0.83	0.84	0.87	0.71	-0.3	0.84	0.88	0.97	-0.18	0.73	0.83		0.97	0.92
Accounts Payable	0.9	0.68	0.89	0.9	-0.45	0.98	0.62	0.71	0.58	0.81	0.76	0.96	0.87	0.88	0.88	0.68	-0.26	0.88	0.9	0.95	-0.15	0.81	0.87	0.97		0.93
Long Term Debt	0.81	0.57	0.78	0.86	-0.33	0.92	0.48	0.74	0.63	0.69	0.64	0.89	0.77	0.8	0.81	0.77	-0.47	0.79	0.82	0.95	-0.37	0.71	0.77	0.92	0.93

Click cells to compare fundamentals

Independent Bank Account Relationship Matchups

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

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 Independent Bank 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, Independent Bank's short interest history, or implied volatility extrapolated from Independent Bank options trading.

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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:

How To Invest In Independent

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Is Independent Stock a good investment?

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What is Independent Bank's Net Worth?

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Largest Regional Banks Companies

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Largest Banks - Regional Companies

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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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Complementary Tools for Independent Stock analysis

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.

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Independent Ebt Per Ebit vs Gross Profit Analysis

Ebt Per Ebit vs Gross Profit

Ebt Per Ebit vs Gross Profit Correlation Analysis

Correlation Coefficient

Ebt Per Ebit

Gross Profit

Independent Bank fundamental ratios Correlations

Independent Bank Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Independent Bank fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Independent Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Common Stock Shares Outstanding	+ 1.0	Total Stockholder Equity
Other Stockholder Equity	+ 1.0	Total Stockholder Equity
Other Stockholder Equity	+ 1.0	Common Stock Shares Outstanding
Common Stock	+ 1.0	Common Stock Shares Outstanding
Common Stock	+ 1.0	Other Stockholder Equity

Cash	- 0.95	Net Debt
Cash And Short Term Investments	- 0.87	Net Debt
Short Term Investments	- 0.61	Net Debt
Total Liab	- 0.54	Net Debt
Net Debt	- 0.54	Total Assets
Other Liab	- 0.52	Net Debt