Independent Market Capitalization vs Average Equity Analysis

INDB Stock  USD 52.69  1.97  3.88%   
Trend analysis of Independent Bank balance sheet accounts such as Short and Long Term Debt Total of 1.3 B or Total Stockholder Equity of 3 B provides information on Independent Bank's total assets, liabilities, and equity, which is the actual value of Independent Bank to its prevalent stockholders. By breaking down trends over time using Independent Bank balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Independent Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Independent Stock refer to our How to Trade Independent Stock guide.

About Independent Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Independent Bank at a specified time, usually calculated after every quarter, six months, or one year. Independent Bank Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Independent Bank and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Independent currently owns. An asset can also be divided into two categories, current and non-current.

Independent Bank Balance Sheet Chart

Independent Bank Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Independent Bank uses and utilizes its capital. It also shows what exactly a company owns and owes.
At present, Independent Bank's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Total Assets is expected to grow to about 20.3 B, whereas Cash And Short Term Investments are projected to grow to (169.9 M).

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Assets

Total assets refers to the total amount of Independent Bank assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Independent Bank books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Independent Stock refer to our How to Trade Independent Stock guide.At present, Independent Bank's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 13.03, whereas Tax Provision is forecasted to decline to about 51.8 M.
 2021 2022 2023 2024 (projected)
EBIT156.7M338.5M315.1M330.9M
Operating Income156.7M338.5M315.1M330.9M

Independent Bank fundamental ratios Correlations

0.930.570.910.920.110.960.250.69-0.420.960.230.670.870.650.89-0.310.810.770.410.920.780.730.910.54-0.51
0.930.541.00.97-0.080.960.490.71-0.570.930.420.620.980.520.97-0.450.790.860.360.980.850.860.990.55-0.63
0.570.540.550.70.660.66-0.170.950.120.64-0.440.290.50.680.63-0.450.20.540.940.690.170.370.630.98-0.44
0.911.00.550.97-0.060.960.460.73-0.60.910.40.640.990.520.98-0.510.760.860.360.980.850.840.990.57-0.68
0.920.970.70.970.130.980.320.85-0.450.950.210.620.950.650.98-0.480.710.840.531.00.760.770.990.72-0.63
0.11-0.080.66-0.060.130.13-0.850.520.470.11-0.920.23-0.10.640.06-0.2-0.28-0.020.70.11-0.35-0.370.010.64-0.09
0.960.960.660.960.980.130.290.8-0.470.960.20.630.920.630.93-0.470.740.820.480.970.760.780.970.67-0.62
0.250.49-0.170.460.32-0.850.29-0.03-0.530.30.9-0.10.49-0.370.36-0.050.50.41-0.270.340.570.750.43-0.16-0.2
0.690.710.950.730.850.520.8-0.03-0.10.75-0.260.470.70.740.8-0.550.340.660.840.840.360.520.790.97-0.57
-0.42-0.570.12-0.6-0.450.47-0.47-0.53-0.1-0.33-0.58-0.44-0.630.04-0.510.48-0.42-0.560.23-0.48-0.66-0.57-0.520.060.59
0.960.930.640.910.950.110.960.30.75-0.330.230.560.870.670.9-0.210.830.740.480.940.750.710.930.61-0.39
0.230.42-0.440.40.21-0.920.20.9-0.26-0.580.230.060.44-0.350.290.10.560.31-0.520.240.630.580.33-0.43-0.09
0.670.620.290.640.620.230.63-0.10.47-0.440.560.060.660.760.7-0.430.450.560.210.630.540.350.620.32-0.54
0.870.980.50.990.95-0.10.920.490.7-0.630.870.440.660.50.98-0.520.740.860.320.960.860.830.980.53-0.69
0.650.520.680.520.650.640.63-0.370.740.040.67-0.350.760.50.65-0.170.390.420.640.630.270.160.570.65-0.22
0.890.970.630.980.980.060.930.360.8-0.510.90.290.70.980.65-0.50.710.850.470.980.780.770.980.65-0.65
-0.31-0.45-0.45-0.51-0.48-0.2-0.47-0.05-0.550.48-0.210.1-0.43-0.52-0.17-0.50.09-0.55-0.32-0.5-0.27-0.47-0.49-0.560.96
0.810.790.20.760.71-0.280.740.50.34-0.420.830.560.450.740.390.710.090.580.060.710.910.640.740.15-0.14
0.770.860.540.860.84-0.020.820.410.66-0.560.740.310.560.860.420.85-0.550.580.50.850.70.780.850.56-0.69
0.410.360.940.360.530.70.48-0.270.840.230.48-0.520.210.320.640.47-0.320.060.50.510.00.210.450.9-0.28
0.920.980.690.981.00.110.970.340.84-0.480.940.240.630.960.630.98-0.50.710.850.510.770.790.990.7-0.65
0.780.850.170.850.76-0.350.760.570.36-0.660.750.630.540.860.270.78-0.270.910.70.00.770.750.80.17-0.48
0.730.860.370.840.77-0.370.780.750.52-0.570.710.580.350.830.160.77-0.470.640.780.210.790.750.840.39-0.63
0.910.990.630.990.990.010.970.430.79-0.520.930.330.620.980.570.98-0.490.740.850.450.990.80.840.65-0.65
0.540.550.980.570.720.640.67-0.160.970.060.61-0.430.320.530.650.65-0.560.150.560.90.70.170.390.65-0.54
-0.51-0.63-0.44-0.68-0.63-0.09-0.62-0.2-0.570.59-0.39-0.09-0.54-0.69-0.22-0.650.96-0.14-0.69-0.28-0.65-0.48-0.63-0.65-0.54
Click cells to compare fundamentals

Independent Bank Account Relationship Matchups

Independent Bank fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding32.9M33.3M34.9M46.4M43.5M45.6M
Total Assets11.4B13.2B20.4B19.3B19.3B20.3B
Short Long Term Debt Total303.1M181.1M152.4M113.4M1.3B1.3B
Total Stockholder Equity1.7B1.7B3.0B2.9B2.9B3.0B
Property Plant And Equipment Net123.7M116.4M195.6M196.5M247.1M259.5M
Net Debt152.1M(1.1B)(2.1B)(239.6M)1.1B1.1B
Retained Earnings654.2M716.0M766.7M934.4M1.1B1.1B
Cash151.0M1.3B2.2B352.9M224.3M253.9M
Non Current Assets Total1.8B1.8B3.9B4.3B19.1B20.1B
Non Currrent Assets Other(1.8B)(1.8B)(3.9B)(4.3B)668.8M702.2M
Other Assets9.0B9.7B12.7B13.2B15.2B15.9B
Cash And Short Term Investments577.4M1.7B3.8B1.8B(178.9M)(169.9M)
Liabilities And Stockholders Equity11.4B13.2B20.4B19.3B19.3B20.3B
Non Current Liabilities Total303.1M181.1M152.4M16.4B5.9B6.2B
Other Stockholder Equity1.0B945.6M2.2B2.1B1.9B2.0B
Total Liab303.1M181.1M152.4M16.4B16.5B17.3B
Property Plant And Equipment Gross123.7M116.4M307.1M323.9M338.4M355.3M
Total Current Assets577.4M1.7B3.8B1.8B242.6M230.5M
Other Current Liab5.6B6.8B10.3B9.7B9.4B5.6B
Total Current Liabilities5.7B6.8B10.3B9.8B10.6B11.1B
Accumulated Other Comprehensive Income18.2M40.7M2.2M(163.1M)(111.5M)(106.0M)
Short Term Debt116.7M51.1M41.3M13.7M1.1B1.2B
Common Stock Total Equity279K342K328K472K542.8K569.9K
Common Stock342K328K472K455K427K261.1K
Other Liab124.3M327.4M335.5M207.7M238.9M250.8M
Accounts Payable9.1B11.0B16.9B15.9B18.3B19.2B
Long Term Debt303.1M181.1M152.4M113.4M1.2B1.3B
Other Current Assets155.5M1.3B2.3B370.1M242.6M230.5M
Intangible Assets29.3M23.1M32.8M25.1M18.2M17.4M
Property Plant Equipment123.7M116.4M195.6M255.4M293.7M308.4M
Short Term Investments426.4M412.9M1.6B1.4B1.3B1.4B
Good Will231.8M256.1M506.2M985.1M1.1B1.2B
Net Tangible Assets1.2B1.2B2.0B1.9B2.2B2.3B
Retained Earnings Total Equity546.7M654.2M716.0M766.7M881.7M505.9M
Capital Surpluse527.6M1.0B945.6M2.2B2.6B2.7B
Long Term Investments8.8B9.3B2.7B3.1B2.9B2.8B
Non Current Liabilities Other92.3M236.6M327.4M335.5M385.9M405.2M

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 Architect
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 Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Independent Bank Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Independent Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Independent Stock refer to our How to Trade Independent Stock guide.
Note that the Independent Bank information on this page should be used as a complementary analysis to other Independent Bank's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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.
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Global Correlations
Find global opportunities by holding instruments from different markets
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
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
(0.26)
Dividend Share
2.2
Earnings Share
5.42
Revenue Per Share
16.015
Quarterly Revenue Growth
(0.11)
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.