Independent Bank Stock Current Ratio

IBCP Stock

USD 33.48 0.21 0.63%

Independent Bank fundamentals help investors to digest information that contributes to Independent Bank's financial success or failures. It also enables traders to predict the movement of Independent Stock. The fundamental analysis module provides a way to measure Independent Bank's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Independent Bank stock.

		Last Reported	Projected for Next Year
	Current Ratio	0.06	0.05

As of 02/27/2025, Current Ratio is likely to drop to 0.05.

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Independent Bank Company Current Ratio Analysis

Independent Bank's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current Independent Bank Current Ratio

0.0538

Most of Independent Bank's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Independent Bank is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Independent Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Independent Bank is extremely important. It helps to project a fair market value of Independent Stock properly, considering its historical fundamentals such as Current Ratio. Since Independent Bank's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Independent Bank's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Independent Bank's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Total Liab	Total Current Assets	Net Receivables	Short Term Debt	Common Stock	Accounts Payable	Long Term Debt	Intangible Assets	Property Plant Equipment	Good Will	Short Term Investments	Net Tangible Assets	Long Term Debt Total	Long Term Investments	Short Long Term Debt	Earning Assets	Net Invested Capital	Capital Stock
Total Assets		0.93	0.32	0.8	0.68	-0.41	0.92	-0.1	0.38	0.78	0.71	0.77	-0.45	0.72	-0.02	0.73	0.92	-0.03	0.14	-0.79	0.91	-0.92
Total Stockholder Equity	0.93		0.44	0.77	0.56	-0.29	0.74	-0.04	0.54	0.81	0.61	0.64	-0.54	0.72	0.14	0.9	0.81	0.16	0.01	-0.76	0.83	-0.8
Net Debt	0.32	0.44		0.6	0.18	-0.24	0.25	0.48	0.18	0.65	0.68	0.43	-0.78	0.54	0.4	0.61	0.44	0.2	-0.09	-0.33	0.38	-0.28
Retained Earnings	0.8	0.77	0.6		0.51	-0.69	0.82	-0.05	0.02	0.83	0.84	0.77	-0.81	0.78	0.01	0.67	0.88	-0.06	0.2	-0.69	0.88	-0.86
Total Liab	0.68	0.56	0.18	0.51		-0.4	0.76	0.11	0.21	0.4	0.44	0.62	-0.19	0.3	-0.61	0.32	0.73	-0.22	-0.17	-0.61	0.53	-0.64
Total Current Assets	-0.41	-0.29	-0.24	-0.69	-0.4		-0.59	0.12	0.43	-0.39	-0.62	-0.43	0.49	-0.39	0.36	-0.1	-0.66	0.23	-0.38	0.34	-0.6	0.67
Net Receivables	0.92	0.74	0.25	0.82	0.76	-0.59		-0.14	0.07	0.67	0.75	0.82	-0.41	0.64	-0.25	0.47	0.94	-0.21	0.23	-0.73	0.89	-0.94
Short Term Debt	-0.1	-0.04	0.48	-0.05	0.11	0.12	-0.14		0.25	0.04	0.14	0.06	0.0	-0.07	0.23	0.14	-0.05	-0.1	0.01	0.15	-0.15	0.18
Common Stock	0.38	0.54	0.18	0.02	0.21	0.43	0.07	0.25		0.43	0.01	0.26	-0.02	0.24	0.32	0.7	0.11	0.15	-0.06	-0.11	0.23	-0.04
Accounts Payable	0.78	0.81	0.65	0.83	0.4	-0.39	0.67	0.04	0.43		0.75	0.82	-0.79	0.81	0.24	0.84	0.75	-0.07	0.29	-0.54	0.87	-0.69
Long Term Debt	0.71	0.61	0.68	0.84	0.44	-0.62	0.75	0.14	0.01	0.75		0.8	-0.65	0.81	0.11	0.53	0.86	0.05	0.21	-0.61	0.81	-0.74
Intangible Assets	0.77	0.64	0.43	0.77	0.62	-0.43	0.82	0.06	0.26	0.82	0.8		-0.5	0.79	-0.07	0.56	0.79	-0.27	0.29	-0.53	0.84	-0.71
Property Plant Equipment	-0.45	-0.54	-0.78	-0.81	-0.19	0.49	-0.41	0.0	-0.02	-0.79	-0.65	-0.5		-0.64	-0.19	-0.62	-0.55	-0.11	-0.06	0.45	-0.61	0.49
Good Will	0.72	0.72	0.54	0.78	0.3	-0.39	0.64	-0.07	0.24	0.81	0.81	0.79	-0.64		0.22	0.67	0.72	0.28	0.1	-0.63	0.84	-0.65
Short Term Investments	-0.02	0.14	0.4	0.01	-0.61	0.36	-0.25	0.23	0.32	0.24	0.11	-0.07	-0.19	0.22		0.42	-0.18	0.24	0.24	0.19	0.01	0.14
Net Tangible Assets	0.73	0.9	0.61	0.67	0.32	-0.1	0.47	0.14	0.7	0.84	0.53	0.56	-0.62	0.67	0.42		0.58	0.2	0.03	-0.52	0.67	-0.54
Long Term Debt Total	0.92	0.81	0.44	0.88	0.73	-0.66	0.94	-0.05	0.11	0.75	0.86	0.79	-0.55	0.72	-0.18	0.58		-0.05	0.13	-0.81	0.92	-0.95
Long Term Investments	-0.03	0.16	0.2	-0.06	-0.22	0.23	-0.21	-0.1	0.15	-0.07	0.05	-0.27	-0.11	0.28	0.24	0.2	-0.05		-0.6	-0.26	-0.06	0.15
Short Long Term Debt	0.14	0.01	-0.09	0.2	-0.17	-0.38	0.23	0.01	-0.06	0.29	0.21	0.29	-0.06	0.1	0.24	0.03	0.13	-0.6		0.33	0.32	-0.25
Earning Assets	-0.79	-0.76	-0.33	-0.69	-0.61	0.34	-0.73	0.15	-0.11	-0.54	-0.61	-0.53	0.45	-0.63	0.19	-0.52	-0.81	-0.26	0.33		-0.71	0.77
Net Invested Capital	0.91	0.83	0.38	0.88	0.53	-0.6	0.89	-0.15	0.23	0.87	0.81	0.84	-0.61	0.84	0.01	0.67	0.92	-0.06	0.32	-0.71		-0.92
Capital Stock	-0.92	-0.8	-0.28	-0.86	-0.64	0.67	-0.94	0.18	-0.04	-0.69	-0.74	-0.71	0.49	-0.65	0.14	-0.54	-0.95	0.15	-0.25	0.77	-0.92

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Independent Current Ratio Historical Pattern

Today, most investors in Independent Bank Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Independent Bank's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Independent Bank current ratio as a starting point in their analysis.

Independent Bank Current Ratio

Timeline

Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).

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Predict Independent Bank

Current Ratio Over Time

Independent Price To Sales Ratio

Price To Sales Ratio

1.86

At this time, Independent Bank's Price To Sales Ratio is relatively stable compared to the past year.

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Independent Bank ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Independent Bank's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Independent Bank's managers, analysts, and investors.

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Independent Fundamentals

	Return On Equity	0.16
	Return On Asset	0.0126
	Profit Margin	0.31 %
	Operating Margin	0.39 %
	Current Valuation	699.71 M
	Shares Outstanding	20.9 M
	Shares Owned By Insiders	4.76 %
	Shares Owned By Institutions	86.84 %
	Number Of Shares Shorted	97.3 K
	Price To Earning	7.38 X
	Price To Book	1.53 X
	Price To Sales	3.21 X
	Revenue	200.5 M
	Gross Profit	218.14 M
	EBITDA	79.42 M
	Net Income	59.07 M
	Cash And Equivalents	70.63 M
	Cash Per Share	3.35 X
	Total Debt	129.26 M
	Debt To Equity	0.14 %
	Book Value Per Share	21.76 X
	Cash Flow From Operations	75.59 M
	Short Ratio	0.68 X
	Earnings Per Share	3.14 X
	Price To Earnings To Growth	2.33 X
	Target Price	38.25
	Beta	1.02
	Market Capitalization	700.42 M
	Total Asset	5.26 B
	Retained Earnings	159.11 M
	Annual Yield	0.03 %
	Five Year Return	3.51 %
	Net Asset	5.26 B
	Last Dividend Paid	0.96

About Independent Bank Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Independent Bank's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Independent Bank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Independent Bank based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Additional 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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