Independent Long Term Investments vs Net Receivables Analysis

IBCP Stock

USD 35.11 0.63 1.76%

Independent Bank financial indicator trend analysis is infinitely more than just investigating Independent Bank recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Independent Bank is a good investment. Please check the relationship between Independent Bank Long Term Investments and its Net Receivables accounts. 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 closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in Independent Stock, please use our How to Invest in Independent Bank guide.

Long Term Investments vs Net Receivables

Long Term Investments vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Independent Bank Long Term Investments account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Independent Bank's Long Term Investments and Net Receivables is -0.21. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Independent Bank, assuming nothing else is changed. The correlation between historical values of Independent Bank's Long Term Investments and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Independent Bank are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Long Term Investments i.e., Independent Bank's Long Term Investments and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.21

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Long Term Investments

Long Term Investments is an item on the asset side of Independent Bank balance sheet that represents investments Independent Bank intends to hold for over a year. Independent Bank long term investments may include different instruments such as stocks, bonds, real estate and cash.

Net Receivables

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 closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in Independent Stock, please use our How to Invest in Independent Bank guide.As of 02/18/2025, Issuance Of Capital Stock is likely to grow to about 103.7 K, while Selling General Administrative is likely to drop slightly above 51.9 M.

	2022	2023	2024	2025 (projected)
Gross Profit	204.6M	294.6M	338.7M	355.7M
Total Revenue	204.6M	200.5M	230.6M	125.4M

Gross Profit Total Revenue

Independent Bank fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Net Receivables	Short Term Debt	Non Current Liabilities Total	Common Stock Total Equity	Common Stock	Other Liab	Accounts Payable	Long Term Debt
Common Stock Shares Outstanding		-0.09	-0.24	0.79	-0.68	-0.56	0.86	-0.21	0.0	0.32	0.0	0.76	-0.02	-0.06	0.45	-0.01	-0.21	-0.21	-0.08	-0.06	-0.17	0.24	0.24	0.39	-0.4	-0.31
Total Assets	-0.09		0.93	0.21	0.32	0.8	0.13	0.83	0.63	-0.46	0.17	-0.53	0.68	0.89	-0.41	0.82	0.44	0.8	0.92	-0.1	0.75	0.37	0.38	-0.63	0.78	0.71
Total Stockholder Equity	-0.24	0.93		0.15	0.44	0.77	-0.09	0.73	0.49	-0.3	0.3	-0.61	0.56	0.72	-0.29	0.74	0.53	0.72	0.74	-0.04	0.63	0.54	0.54	-0.74	0.81	0.61
Property Plant And Equipment Net	0.79	0.21	0.15		-0.55	-0.38	0.75	0.11	0.3	0.3	0.05	0.34	0.29	0.19	0.42	0.22	0.24	0.04	0.09	-0.01	0.13	0.58	0.58	0.23	-0.16	-0.31
Net Debt	-0.68	0.32	0.44	-0.55		0.6	-0.78	0.06	-0.26	0.04	0.32	-0.7	0.18	0.18	-0.24	0.51	-0.06	0.01	0.25	0.48	-0.04	0.18	0.18	-0.63	0.65	0.68
Retained Earnings	-0.56	0.8	0.77	-0.38	0.6		-0.3	0.76	0.47	-0.64	0.05	-0.72	0.51	0.74	-0.69	0.62	0.28	0.76	0.82	-0.05	0.68	0.02	0.02	-0.71	0.83	0.84
Cash	0.86	0.13	-0.09	0.75	-0.78	-0.3		0.18	0.41	-0.13	-0.18	0.55	0.15	0.24	0.1	0.01	0.01	0.2	0.2	-0.34	0.23	0.12	0.11	0.42	-0.21	-0.2
Non Current Assets Total	-0.21	0.83	0.73	0.11	0.06	0.76	0.18		0.92	-0.76	-0.29	-0.54	0.75	0.85	-0.64	0.55	0.6	0.93	0.88	-0.3	0.99	0.04	0.05	-0.41	0.57	0.5
Non Currrent Assets Other	0.0	0.63	0.49	0.3	-0.26	0.47	0.41	0.92		-0.71	-0.51	-0.34	0.74	0.72	-0.56	0.38	0.61	0.79	0.71	-0.32	0.96	-0.03	-0.03	-0.1	0.28	0.23
Other Assets	0.32	-0.46	-0.3	0.3	0.04	-0.64	-0.13	-0.76	-0.71		0.37	0.33	-0.32	-0.58	0.89	-0.2	-0.2	-0.77	-0.63	0.44	-0.77	0.47	0.48	0.09	-0.35	-0.48
Cash And Short Term Investments	0.0	0.17	0.3	0.05	0.32	0.05	-0.18	-0.29	-0.51	0.37		0.01	-0.47	0.02	0.37	0.18	-0.16	-0.06	-0.1	0.17	-0.43	0.45	0.45	-0.31	0.29	0.12
Other Stockholder Equity	0.76	-0.53	-0.61	0.34	-0.7	-0.72	0.55	-0.54	-0.34	0.33	0.01		-0.49	-0.48	0.46	-0.44	-0.47	-0.47	-0.48	-0.16	-0.48	-0.18	-0.19	0.5	-0.74	-0.5
Total Liab	-0.02	0.68	0.56	0.29	0.18	0.51	0.15	0.75	0.74	-0.32	-0.47	-0.49		0.68	-0.4	0.68	0.42	0.5	0.76	0.11	0.77	0.2	0.21	-0.34	0.4	0.44
Property Plant And Equipment Gross	-0.06	0.89	0.72	0.19	0.18	0.74	0.24	0.85	0.72	-0.58	0.02	-0.48	0.68		-0.49	0.72	0.39	0.8	0.91	-0.09	0.78	0.12	0.13	-0.38	0.65	0.63
Total Current Assets	0.45	-0.41	-0.29	0.42	-0.24	-0.69	0.1	-0.64	-0.56	0.89	0.37	0.46	-0.4	-0.49		-0.35	0.04	-0.59	-0.59	0.12	-0.65	0.43	0.43	0.17	-0.39	-0.62
Short Long Term Debt Total	-0.01	0.82	0.74	0.22	0.51	0.62	0.01	0.55	0.38	-0.2	0.18	-0.44	0.68	0.72	-0.35		0.13	0.4	0.77	0.39	0.47	0.34	0.35	-0.52	0.6	0.78
Other Current Liab	-0.21	0.44	0.53	0.24	-0.06	0.28	0.01	0.6	0.61	-0.2	-0.16	-0.47	0.42	0.39	0.04	0.13		0.53	0.29	-0.25	0.6	0.32	0.33	-0.24	0.31	-0.08
Total Current Liabilities	-0.21	0.8	0.72	0.04	0.01	0.76	0.2	0.93	0.79	-0.77	-0.06	-0.47	0.5	0.8	-0.59	0.4	0.53		0.81	-0.48	0.89	0.04	0.05	-0.45	0.61	0.48
Net Receivables	-0.08	0.92	0.74	0.09	0.25	0.82	0.2	0.88	0.71	-0.63	-0.1	-0.48	0.76	0.91	-0.59	0.77	0.29	0.81		-0.14	0.82	0.07	0.07	-0.49	0.67	0.75
Short Term Debt	-0.06	-0.1	-0.04	-0.01	0.48	-0.05	-0.34	-0.3	-0.32	0.44	0.17	-0.16	0.11	-0.09	0.12	0.39	-0.25	-0.48	-0.14		-0.35	0.24	0.25	-0.13	0.04	0.14
Non Current Liabilities Total	-0.17	0.75	0.63	0.13	-0.04	0.68	0.23	0.99	0.96	-0.77	-0.43	-0.48	0.77	0.78	-0.65	0.47	0.6	0.89	0.82	-0.35		-0.03	-0.02	-0.32	0.46	0.42
Common Stock Total Equity	0.24	0.37	0.54	0.58	0.18	0.02	0.12	0.04	-0.03	0.47	0.45	-0.18	0.2	0.12	0.43	0.34	0.32	0.04	0.07	0.24	-0.03		1.0	-0.36	0.44	0.02
Common Stock	0.24	0.38	0.54	0.58	0.18	0.02	0.11	0.05	-0.03	0.48	0.45	-0.19	0.21	0.13	0.43	0.35	0.33	0.05	0.07	0.25	-0.02	1.0		-0.36	0.43	0.01
Other Liab	0.39	-0.63	-0.74	0.23	-0.63	-0.71	0.42	-0.41	-0.1	0.09	-0.31	0.5	-0.34	-0.38	0.17	-0.52	-0.24	-0.45	-0.49	-0.13	-0.32	-0.36	-0.36		-0.69	-0.59
Accounts Payable	-0.4	0.78	0.81	-0.16	0.65	0.83	-0.21	0.57	0.28	-0.35	0.29	-0.74	0.4	0.65	-0.39	0.6	0.31	0.61	0.67	0.04	0.46	0.44	0.43	-0.69		0.75
Long Term Debt	-0.31	0.71	0.61	-0.31	0.68	0.84	-0.2	0.5	0.23	-0.48	0.12	-0.5	0.44	0.63	-0.62	0.78	-0.08	0.48	0.75	0.14	0.42	0.02	0.01	-0.59	0.75

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Independent Bank Account Relationship Matchups

Independent Bank fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Common Stock Shares Outstanding	22.2M	21.8M	21.3M	21.2M	24.3M	12.5M
Total Assets	4.2B	4.7B	5.0B	5.3B	6.1B	6.4B
Total Stockholder Equity	389.5M	398.5M	347.6M	404.4M	465.1M	488.4M
Property Plant And Equipment Net	36.1M	36.4M	35.9M	40.4M	46.5M	42.1M
Net Debt	(9.9M)	(515K)	151.7M	(40.5M)	(36.5M)	(34.6M)
Retained Earnings	40.1M	74.6M	119.4M	159.1M	143.2M	150.4M
Cash	118.7M	109.5M	74.4M	169.8M	195.2M	100.5M
Non Current Assets Total	1.2B	1.5B	1.3B	5.1B	5.9B	6.2B
Non Currrent Assets Other	(12.1M)	(15.6M)	(42.7M)	4.8B	5.5B	5.8B
Other Assets	1.8B	1.6B	2.8B	(7.0M)	(8.1M)	(7.7M)
Cash And Short Term Investments	1.2B	1.5B	853.7M	169.5M	194.9M	324.7M
Liabilities And Stockholders Equity	4.2B	4.7B	5.0B	5.3B	6.1B	6.4B
Other Stockholder Equity	214K	10.0M	501K	(92.8M)	(83.5M)	(79.3M)
Total Liab	108.8M	109.0M	4.7B	4.9B	5.6B	5.9B
Property Plant And Equipment Gross	36.1M	151.0M	153.9M	156.3M	179.7M	188.7M
Total Current Assets	1.3B	1.6B	982.6M	169.5M	194.9M	185.2M
Short Long Term Debt Total	110.5M	110.6M	226.1M	129.3M	148.7M	188.7M
Other Current Liab	1.2B	1.6B	(61M)	2.7B	3.1B	3.3B
Total Current Liabilities	1.2B	1.6B	61M	2.7B	2.4B	2.5B
Net Receivables	42.8M	62.5M	66.1M	128.9M	148.2M	155.7M
Short Term Debt	1.7M	1.6M	61M	1.1M	1.3M	1.2M
Non Current Liabilities Total	108.8M	109.0M	61M	2.2B	2.5B	2.6B
Accumulated Other Comprehensive Income	10.0M	501K	(92.8M)	(72.1M)	(64.9M)	(61.7M)
Common Stock Total Equity	352.3M	339.4M	323.4M	321.0M	369.1M	196.7M
Common Stock	339.4M	323.4M	321.0M	317.5M	365.1M	205.8M
Accounts Payable	3.0B	3.6B	4.1B	4.4B	5.0B	2.5B
Long Term Debt	108.8M	109.0M	165.1M	129.3M	116.3M	113.6M
Inventory	(77.6M)	(131.8M)	(122.6M)	(91.3M)	(82.2M)	(78.1M)
Intangible Assets	21.2M	29.6M	45.0M	44.2M	39.8M	24.5M
Property Plant Equipment	38.4M	36.1M	36.4M	35.9M	32.3M	39.8M
Other Current Assets	131.8M	122.6M	91.3M	189.4M	170.5M	161.9M
Short Term Investments	1.1B	1.4B	779.3M	(300K)	(345K)	(327.8K)
Net Tangible Assets	316.5M	356.9M	366.8M	316.7M	364.3M	271.2M
Retained Earnings Total Equity	1.6M	40.1M	74.6M	119.4M	137.3M	144.1M
Long Term Debt Total	128.1M	108.8M	109.0M	165.1M	189.9M	199.4M
Long Term Investments	2.8B	1.4B	1.2B	1.0B	1.2B	1.9B
Non Current Liabilities Other	49.7M	68.3M	80.2M	108.0M	124.2M	130.4M

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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Independent Long Term Investments vs Net Receivables Analysis

Long Term Investments vs Net Receivables

Long Term Investments vs Net Receivables Correlation Analysis

Correlation Coefficient

Long Term Investments

Net Receivables

Independent Bank fundamental ratios Correlations

Independent Bank Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Independent Bank fundamental ratios Accounts

Additional Tools for Independent Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Total Equity
Non Current Liabilities Total	+ 0.99	Non Current Assets Total
Non Current Liabilities Total	+ 0.96	Non Currrent Assets Other
Total Stockholder Equity	+ 0.93	Total Assets
Total Current Liabilities	+ 0.93	Non Current Assets Total
Net Receivables	+ 0.92	Total Assets

Cash	- 0.78	Net Debt
Non Current Liabilities Total	- 0.77	Other Assets
Total Current Liabilities	- 0.77	Other Assets
Other Assets	- 0.76	Non Current Assets Total
Accounts Payable	- 0.74	Other Stockholder Equity
Other Liab	- 0.74	Total Stockholder Equity