Independent Historical Balance Sheet

INDB -  USA Stock  

USD 83.67  2.48  3.05%

Trend analysis of Independent Bk Corp balance sheet accounts such as Total Assets of 11.4 B or Cash and Equivalents of 1.4 B provides information on Independent's total assets, liabilities, and equity, which is the actual value of Independent Bk Corp to its prevalent stockholders. By breaking down trends over time using Independent 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. Financial Statement Analysis is much more than just reviewing and breaking down Independent Bk Corp prevalent accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Independent Bk Corp is a good buy for the upcoming year.
Please see Risk vs Return Analysis.

Independent Historical Statements 


About Independent Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Independent Bk Corp at a specified time, usually calculated after every quarter, six months, or one year. Independent Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Independent 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 Balance Sheet Chart

Independent 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 Bk Corp uses and utilizes its capital. It also shows what exactly a company owns and owes.
Independent Long Term Debt is projected to decrease significantly based on the last few years of reporting. The past year's Long Term Debt was at 145.32 Million. The current year Accumulated Other Comprehensive Income is expected to grow to about 43.9 M, whereas Total Assets are forecasted to decline to about 11.4 B.

Total Assets

Total assets refers to the total amount of Independent 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 Bk Corp 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. Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Major components are Cash and Equivalents; Investments; Goodwill and Intangible Assets; Property Plant and Equipment Net; [TaxAssets] and [Receivables].

Shareholders Equity

A principal component of the balance sheet; in addition to Total Liabilities and Total Assets; that represents the total of all stockholders' equity (deficit) items; net of receivables from officers; directors; owners; and affiliates of the entity which are attributable to the parent.

Total Liabilities

Deferred Income Tax is recorded on Independent Bk Corp balance sheet and a result of income already earned and recognized for accounting, but not tax, purposes. Also, differences between tax laws and accounting methods can result in a temporary difference in the amount of income tax payable by a company. This difference is recorded on Independent books as deferred income tax. Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Principal components are Total Debt; [DeferredRev]; [Payables]; Deposit Liabilities; and Tax Liabilities.
Most accounts from Independent balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Independent Bk Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Please see Risk vs Return Analysis.Independent Long Term Debt is projected to decrease significantly based on the last few years of reporting. The past year's Long Term Debt was at 145.32 Million. The current year Accumulated Other Comprehensive Income is expected to grow to about 43.9 M, whereas Total Assets are forecasted to decline to about 11.4 B.
 2018 2019 2020 2021 (projected)
Cash and Equivalents250.46 M150.97 M1.3 B1.4 B
Total Assets8.85 B11.4 B13.2 B11.39 B

Independent balance sheet Correlations

Independent Account Relationship Matchups

Independent balance sheet Accounts

201620172018201920202021 (projected)
Long Term Debt107.74 M107.75 M110.9 M187.35 M145.32 M179.87 M
Accumulated Other Comprehensive Income(1.34 M)(1.83 M)(1.17 M)18.17 M40.7 M43.91 M
Total Assets7.71 B8.08 B8.85 B11.4 B13.2 B11.39 B
Cash and Equivalents289.1 M213.12 M250.46 M150.97 M1.3 B1.4 B
Cash and Equivalents USD289.1 M213.12 M250.46 M150.97 M1.3 B1.4 B
Total Debt335.47 M323.7 M258.71 M303.1 M181.06 M259.71 M
Total Debt USD335.47 M323.7 M258.71 M303.1 M181.06 M259.71 M
Deposit Liabilities6.41 B6.73 B7.43 B9.15 B10.99 B9.41 B
Shareholders Equity864.69 M943.81 M1.07 B1.71 B1.7 B1.41 B
Shareholders Equity USD864.69 M943.81 M1.07 B1.71 B1.7 B1.41 B
Goodwill and Intangible Assets231.37 M241.15 M271.36 M535.49 M529.31 M427.5 M
Investments6.95 B7.41 B8.1 B10.24 B10.71 B9.59 B
Total Liabilities6.84 B7.14 B7.78 B9.69 B11.5 B9.98 B
Property Plant and Equipment Net78.48 M94.72 M97.58 M123.67 M116.39 M106.77 M
Accumulated Retained Earnings Deficit414.1 M465.94 M546.74 M654.18 M716.02 M613.83 M

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Please see Risk vs Return Analysis. Note that the Independent Bk Corp information on this page should be used as a complementary analysis to other Independent'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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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Is Independent'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. 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 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Independent Bk Corp 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's value that differs from its market value or its book value, called intrinsic value, which is Independent'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's market value can be influenced by many factors that don't directly affect Independent'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's value and its price as these two are different measures arrived at by different means. Investors typically determine Independent value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Independent'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.