Independent Operating Income vs Earning Before Interest and Taxes EBIT Analysis
INDB Stock | USD 50.79 0.23 0.45% |
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.
Independent |
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). Add Fundamental
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 Over EBITDA is expected to grow to 13.19, whereas Tax Provision is forecasted to decline to about 51.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 156.7M | 338.5M | 315.1M | 330.9M | Other Operating Expenses | 350.7M | 389.4M | 480.6M | 504.6M |
Independent Bank fundamental ratios Correlations
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Independent Bank Account Relationship Matchups
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Independent Bank fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 32.9M | 33.3M | 34.9M | 46.4M | 44.2M | 46.4M | |
Total Assets | 11.4B | 13.2B | 20.4B | 19.3B | 19.3B | 20.3B | |
Short Long Term Debt Total | 303.1M | 181.1M | 152.4M | 113.4M | 1.3B | 1.3B | |
Total Stockholder Equity | 1.7B | 1.7B | 3.0B | 2.9B | 2.9B | 3.0B | |
Property Plant And Equipment Net | 123.7M | 116.4M | 195.6M | 196.5M | 247.1M | 259.5M | |
Net Debt | 152.1M | (1.1B) | (2.1B) | (239.6M) | 1.1B | 1.1B | |
Retained Earnings | 654.2M | 716.0M | 766.7M | 934.4M | 1.1B | 1.1B | |
Cash | 151.0M | 1.3B | 2.2B | 352.9M | 224.3M | 253.9M | |
Non Current Assets Total | 1.8B | 1.8B | 3.9B | 4.3B | 19.1B | 20.1B | |
Non Currrent Assets Other | (1.8B) | (1.8B) | (3.9B) | (4.3B) | 668.8M | 702.2M | |
Other Assets | 9.0B | 9.7B | 12.7B | 13.2B | 15.2B | 15.9B | |
Cash And Short Term Investments | 577.4M | 1.7B | 3.8B | 1.8B | (178.9M) | (169.9M) | |
Liabilities And Stockholders Equity | 11.4B | 13.2B | 20.4B | 19.3B | 19.3B | 20.3B | |
Non Current Liabilities Total | 303.1M | 181.1M | 152.4M | 16.4B | 5.9B | 6.2B | |
Other Stockholder Equity | 1.0B | 945.6M | 2.2B | 2.1B | 1.9B | 2.0B | |
Total Liab | 303.1M | 181.1M | 152.4M | 16.4B | 16.5B | 17.3B | |
Property Plant And Equipment Gross | 123.7M | 116.4M | 307.1M | 323.9M | 338.4M | 355.3M | |
Total Current Assets | 577.4M | 1.7B | 3.8B | 1.8B | 242.6M | 230.5M | |
Other Current Liab | 5.6B | 6.8B | 10.3B | 9.7B | 9.4B | 5.6B | |
Total Current Liabilities | 5.7B | 6.8B | 10.3B | 9.8B | 10.6B | 11.1B | |
Accumulated Other Comprehensive Income | 18.2M | 40.7M | 2.2M | (163.1M) | (111.5M) | (106.0M) | |
Short Term Debt | 116.7M | 51.1M | 41.3M | 13.7M | 1.1B | 1.2B | |
Common Stock Total Equity | 279K | 342K | 328K | 472K | 542.8K | 569.9K | |
Common Stock | 342K | 328K | 472K | 455K | 427K | 261.1K | |
Other Liab | 124.3M | 327.4M | 335.5M | 207.7M | 238.9M | 250.8M | |
Accounts Payable | 9.1B | 11.0B | 16.9B | 15.9B | 18.3B | 19.2B | |
Long Term Debt | 303.1M | 181.1M | 152.4M | 113.4M | 1.2B | 1.3B | |
Other Current Assets | 155.5M | 1.3B | 2.3B | 370.1M | 242.6M | 230.5M | |
Intangible Assets | 29.3M | 23.1M | 32.8M | 25.1M | 18.2M | 17.4M | |
Property Plant Equipment | 123.7M | 116.4M | 195.6M | 255.4M | 293.7M | 308.4M | |
Short Term Investments | 426.4M | 412.9M | 1.6B | 1.4B | 1.3B | 1.4B | |
Good Will | 231.8M | 256.1M | 506.2M | 985.1M | 1.1B | 1.2B | |
Net Tangible Assets | 1.2B | 1.2B | 2.0B | 1.9B | 2.2B | 2.3B | |
Retained Earnings Total Equity | 546.7M | 654.2M | 716.0M | 766.7M | 881.7M | 505.9M | |
Capital Surpluse | 527.6M | 1.0B | 945.6M | 2.2B | 2.6B | 2.7B | |
Long Term Investments | 8.8B | 9.3B | 2.7B | 3.1B | 2.9B | 2.8B | |
Non Current Liabilities Other | 92.3M | 236.6M | 327.4M | 335.5M | 385.9M | 405.2M |
Independent Bank Investors Sentiment
The influence of Independent Bank's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Independent. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Independent Bank's public news can be used to forecast risks associated with an investment in Independent. The trend in average sentiment can be used to explain how an investor holding Independent can time the market purely based on public headlines and social activities around Independent Bank. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Independent Bank's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Independent Bank's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Independent Bank's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Independent Bank.
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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Try AI Portfolio ArchitectCheck 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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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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 (0.18) | Dividend Share 2.22 | Earnings Share 5.42 | Revenue Per Share 15.836 | Quarterly Revenue Growth (0.1) |
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.