Independent Bank Group Stock Current Liabilities

IBTX Stock

USD 66.92 0.34 0.51%

Independent Bank Group 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.

Short Long Term Debt Total Total Assets

Non Current Liabilities Total is likely to rise to about 13.8 B in 2024, whereas Total Current Liabilities is likely to drop slightly above 3.4 B in 2024.

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Independent Bank Group Company Current Liabilities Analysis

Independent Bank's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.

Current Liabilities

Payables

+

Accrued Debt

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Independent Current Liabilities 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 Liabilities. 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	Good Will	Short Term Investments	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Accounts Payable	Long Term Debt	Property Plant Equipment	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Long Term Investments	Short Long Term Debt	Short Term Debt	Earning Assets	Net Invested Capital	Capital Stock
Total Assets		0.99	-0.54	0.93	0.92	0.96	1.0	0.06	0.9	0.98	0.9	0.81	0.84	0.99	0.99	0.99	0.24	-0.79	-0.79	0.97	0.89	0.85
Total Stockholder Equity	0.99		-0.52	0.91	0.93	0.94	0.99	0.12	0.94	0.99	0.89	0.78	0.81	0.99	0.98	0.99	0.29	-0.77	-0.77	0.96	0.87	0.84
Net Debt	-0.54	-0.52		-0.5	-0.39	-0.61	-0.54	-0.02	-0.5	-0.48	-0.45	-0.33	-0.31	-0.55	-0.55	-0.45	-0.18	0.43	0.43	-0.48	-0.58	-0.55
Retained Earnings	0.93	0.91	-0.5		0.96	0.91	0.93	-0.09	0.8	0.89	0.98	0.92	0.96	0.94	0.93	0.93	0.13	-0.83	-0.83	0.89	0.94	0.92
Good Will	0.92	0.93	-0.39	0.96		0.87	0.92	0.02	0.86	0.93	0.96	0.89	0.94	0.94	0.93	0.95	0.2	-0.77	-0.77	0.9	0.89	0.89
Short Term Investments	0.96	0.94	-0.61	0.91	0.87		0.97	0.04	0.83	0.92	0.88	0.81	0.83	0.96	0.94	0.94	0.07	-0.72	-0.72	0.94	0.85	0.82
Total Liab	1.0	0.99	-0.54	0.93	0.92	0.97		0.04	0.89	0.98	0.9	0.82	0.84	0.99	0.99	0.98	0.23	-0.79	-0.79	0.97	0.89	0.85
Total Current Assets	0.06	0.12	-0.02	-0.09	0.02	0.04	0.04		0.1	0.16	-0.15	-0.37	-0.23	0.01	0.03	0.05	0.53	0.1	0.1	-0.07	-0.32	-0.35
Intangible Assets	0.9	0.94	-0.5	0.8	0.86	0.83	0.89	0.1		0.95	0.81	0.71	0.69	0.91	0.88	0.92	0.33	-0.71	-0.71	0.89	0.82	0.82
Common Stock	0.98	0.99	-0.48	0.89	0.93	0.92	0.98	0.16	0.95		0.87	0.77	0.8	0.97	0.97	0.98	0.3	-0.76	-0.76	0.95	0.85	0.82
Accounts Payable	0.9	0.89	-0.45	0.98	0.96	0.88	0.9	-0.15	0.81	0.87		0.93	0.96	0.93	0.9	0.92	0.11	-0.76	-0.76	0.9	0.93	0.93
Long Term Debt	0.81	0.78	-0.33	0.92	0.89	0.81	0.82	-0.37	0.71	0.77	0.93		0.96	0.84	0.81	0.84	-0.17	-0.77	-0.76	0.84	0.91	0.93
Property Plant Equipment	0.84	0.81	-0.31	0.96	0.94	0.83	0.84	-0.23	0.69	0.8	0.96	0.96		0.86	0.85	0.86	-0.06	-0.75	-0.75	0.83	0.89	0.9
Net Tangible Assets	0.99	0.99	-0.55	0.94	0.94	0.96	0.99	0.01	0.91	0.97	0.93	0.84	0.86		0.99	0.99	0.23	-0.8	-0.8	0.97	0.91	0.88
Long Term Debt Total	0.99	0.98	-0.55	0.93	0.93	0.94	0.99	0.03	0.88	0.97	0.9	0.81	0.85	0.99		0.98	0.29	-0.79	-0.79	0.96	0.91	0.86
Capital Surpluse	0.99	0.99	-0.45	0.93	0.95	0.94	0.98	0.05	0.92	0.98	0.92	0.84	0.86	0.99	0.98		0.23	-0.77	-0.77	0.97	0.88	0.85
Long Term Investments	0.24	0.29	-0.18	0.13	0.2	0.07	0.23	0.53	0.33	0.3	0.11	-0.17	-0.06	0.23	0.29	0.23		-0.13	-0.14	0.16	0.11	0.02
Short Long Term Debt	-0.79	-0.77	0.43	-0.83	-0.77	-0.72	-0.79	0.1	-0.71	-0.76	-0.76	-0.77	-0.75	-0.8	-0.79	-0.77	-0.13		1.0	-0.74	-0.81	-0.8
Short Term Debt	-0.79	-0.77	0.43	-0.83	-0.77	-0.72	-0.79	0.1	-0.71	-0.76	-0.76	-0.76	-0.75	-0.8	-0.79	-0.77	-0.14	1.0		-0.74	-0.81	-0.8
Earning Assets	0.97	0.96	-0.48	0.89	0.9	0.94	0.97	-0.07	0.89	0.95	0.9	0.84	0.83	0.97	0.96	0.97	0.16	-0.74	-0.74		0.9	0.86
Net Invested Capital	0.89	0.87	-0.58	0.94	0.89	0.85	0.89	-0.32	0.82	0.85	0.93	0.91	0.89	0.91	0.91	0.88	0.11	-0.81	-0.81	0.9		0.99
Capital Stock	0.85	0.84	-0.55	0.92	0.89	0.82	0.85	-0.35	0.82	0.82	0.93	0.93	0.9	0.88	0.86	0.85	0.02	-0.8	-0.8	0.86	0.99

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Independent Current Liabilities 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 liabilities 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 liabilities as a starting point in their analysis.

Independent Bank Current Liabilities

Timeline

Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.

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Total Current Liabilities Over Time

Independent Liabilities And Stockholders Equity

Liabilities And Stockholders Equity

10.1 Billion

At this time, Independent Bank's Liabilities And Stockholders Equity is fairly stable compared to the past year.

In accordance with the recently published financial statements, Independent Bank Group has a Current Liabilities of 0.0. This is 100.0% lower than that of the Banks sector and about the same as Financials (which currently averages 0.0) industry. The current liabilities for all United States stocks is 100.0% higher than that of the company.

Independent Bank Current Valuation Drivers

We derive many important indicators used in calculating different scores of Independent Bank from analyzing Independent Bank's financial statements. These drivers represent accounts that assess Independent Bank's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Independent Bank's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	2.4B	2.7B	3.1B	2.5B	2.1B	1.2B
Enterprise Value	2.4B	1.6B	954.3M	2.5B	2.1B	2.2B

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.

Environmental

Governance

Social

Independent Fundamentals

	Return On Equity	-0.2
	Return On Asset	-0.0234
	Profit Margin	(0.93) %
	Operating Margin	0.29 %
	Current Valuation	1.95 B
	Shares Outstanding	41.44 M
	Shares Owned By Insiders	13.50 %
	Shares Owned By Institutions	79.13 %
	Number Of Shares Shorted	1.93 M
	Price To Earning	13.02 X
	Price To Book	1.42 X
	Price To Sales	5.97 X
	Revenue	507.67 M
	Gross Profit	605.18 M
	EBITDA	12.44 M
	Net Income	43.2 M
	Cash And Equivalents	533.58 M
	Cash Per Share	12.95 X
	Total Debt	676.44 M
	Debt To Equity	7.34 %
	Book Value Per Share	47.03 X
	Cash Flow From Operations	165.27 M
	Short Ratio	8.36 X
	Earnings Per Share	(10.50) X
	Price To Earnings To Growth	1.81 X
	Target Price	56.4
	Number Of Employees	1.52 K
	Beta	1.37
	Market Capitalization	2.79 B
	Total Asset	19.04 B
	Retained Earnings	616.72 M
	Annual Yield	0.02 %
	Five Year Return	1.59 %
	Net Asset	19.04 B
	Last Dividend Paid	1.52

About Independent Bank Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Independent Bank Group'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 Group 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.

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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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