Independent Common Stock Shares Outstanding vs Short Long Term Debt Total Analysis

IBTX Stock  USD 66.92  0.34  0.51%   
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 Common Stock Shares Outstanding and its Short Long Term Debt Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Independent Bank Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Independent Stock please use our How to Invest in Independent Bank guide.

Common Stock Shares Outstanding vs Short Long Term Debt Total

Common Stock Shares Outstanding vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Independent Bank Common Stock Shares Outstanding account and Short Long Term Debt Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Independent Bank's Common Stock Shares Outstanding and Short Long Term Debt Total is 0.81. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Independent Bank Group, assuming nothing else is changed. The correlation between historical values of Independent Bank's Common Stock Shares Outstanding and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Independent Bank Group are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Common Stock Shares Outstanding i.e., Independent Bank's Common Stock Shares Outstanding and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Short Long Term Debt Total

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 Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Independent Stock please use our How to Invest in Independent Bank guide.At this time, Independent Bank's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 13.44 in 2024, whereas Selling General Administrative is likely to drop slightly above 124.4 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense63.2M96.8M414.9M435.6M
Depreciation And Amortization25.0M27.4M30.9M32.5M

Independent Bank fundamental ratios Correlations

0.780.990.97-0.540.930.720.450.310.480.780.920.980.990.960.52-0.110.991.00.840.060.90.980.880.90.81
0.780.790.69-0.210.670.490.350.260.510.530.770.830.810.670.380.240.810.780.580.350.730.830.590.630.53
0.990.790.95-0.520.910.710.40.260.550.780.930.991.00.940.44-0.041.00.990.810.120.940.990.850.890.78
0.970.690.95-0.460.920.630.510.370.370.70.890.940.940.970.64-0.210.950.980.89-0.060.820.930.890.90.86
-0.54-0.21-0.52-0.46-0.5-0.95-0.030.07-0.33-0.88-0.39-0.46-0.5-0.610.080.14-0.47-0.54-0.39-0.02-0.5-0.48-0.52-0.45-0.33
0.930.670.910.92-0.50.670.660.540.270.730.960.890.90.910.7-0.220.90.930.96-0.090.80.890.990.980.92
0.720.490.710.63-0.950.670.160.050.430.940.60.660.690.750.07-0.080.670.720.550.10.670.680.670.620.48
0.450.350.40.51-0.030.660.160.99-0.480.080.660.440.40.430.77-0.330.410.460.78-0.380.240.40.730.70.73
0.310.260.260.370.070.540.050.99-0.6-0.060.540.30.260.290.72-0.320.270.320.67-0.410.10.260.610.580.63
0.480.510.550.37-0.330.270.43-0.48-0.60.620.320.510.540.44-0.210.440.550.470.070.630.630.560.140.20.06
0.780.530.780.7-0.880.730.940.08-0.060.620.670.720.770.820.14-0.030.750.780.60.180.770.760.690.670.54
0.920.770.930.89-0.390.960.60.660.540.320.670.930.930.870.62-0.090.930.920.920.020.860.930.930.960.89
0.980.830.990.94-0.460.890.660.440.30.510.720.930.990.930.46-0.020.990.980.80.130.920.990.830.870.77
0.990.811.00.94-0.50.90.690.40.260.540.770.930.990.930.45-0.061.00.980.80.110.951.00.840.880.8
0.960.670.940.97-0.610.910.750.430.290.440.820.870.930.930.53-0.130.940.970.860.040.830.920.870.880.81
0.520.380.440.640.080.70.070.770.72-0.210.140.620.460.450.53-0.40.470.530.83-0.380.250.440.710.680.77
-0.110.24-0.04-0.210.14-0.22-0.08-0.33-0.320.44-0.03-0.09-0.02-0.06-0.13-0.4-0.03-0.12-0.320.97-0.070.0-0.3-0.26-0.47
0.990.811.00.95-0.470.90.670.410.270.550.750.930.991.00.940.47-0.030.980.810.130.941.00.840.880.79
1.00.780.990.98-0.540.930.720.460.320.470.780.920.980.980.970.53-0.120.980.850.040.890.980.880.90.82
0.840.580.810.89-0.390.960.550.780.670.070.60.920.80.80.860.83-0.320.810.85-0.210.660.790.970.950.95
0.060.350.12-0.06-0.02-0.090.1-0.38-0.410.630.180.020.130.110.04-0.380.970.130.04-0.210.10.16-0.19-0.15-0.37
0.90.730.940.82-0.50.80.670.240.10.630.770.860.920.950.830.25-0.070.940.890.660.10.950.730.810.71
0.980.830.990.93-0.480.890.680.40.260.560.760.930.991.00.920.440.01.00.980.790.160.950.830.870.77
0.880.590.850.89-0.520.990.670.730.610.140.690.930.830.840.870.71-0.30.840.880.97-0.190.730.830.970.92
0.90.630.890.9-0.450.980.620.70.580.20.670.960.870.880.880.68-0.260.880.90.95-0.150.810.870.970.93
0.810.530.780.86-0.330.920.480.730.630.060.540.890.770.80.810.77-0.470.790.820.95-0.370.710.770.920.93
Click cells to compare fundamentals

Independent Bank Account Relationship Matchups

Independent Bank fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.0B17.8B18.7B18.3B19.0B10.1B
Short Long Term Debt Total581.1M741.2M487.6M621.5M676.4M501.9M
Total Stockholder Equity2.3B2.5B2.6B2.4B2.4B1.4B
Property Plant And Equipment Net242.9M249.5M308.0M355.4M355.8M185.8M
Net Debt10.2M(1.1B)(2.1B)(33.3M)(45.8M)(48.1M)
Retained Earnings393.7M543.8M625.5M638.4M616.7M647.6M
Cash570.9M1.8B2.6B654.8M711.7M665.2M
Non Current Assets Total2.4B2.5B3.4B3.3B20.2B21.2B
Non Currrent Assets Other(6.9M)(3.9M)(26.2M)(78.7M)17.0B17.9B
Other Assets10.9B12.3B10.7B12.6B(1.9B)(1.8B)
Cash And Short Term Investments1.7B3.0B4.6B2.3B711.7M1.3B
Common Stock Total Equity430K431K428K412K473.8K268.8K
Common Stock Shares Outstanding43.0M42.8M42.7M41.5M41.3M27.9M
Short Term Investments1.1B1.2B2.0B1.7B1.6B803.8M
Liabilities And Stockholders Equity15.0B17.8B18.7B18.3B19.0B10.1B
Non Current Liabilities Total581.1M741.2M487.6M15.9B13.1B13.8B
Other Current Assets575.7M1.8B2.7B735.2M731.7M695.1M
Other Stockholder Equity1.9B1.9B1.9B2.0B2.0B1.1B
Total Liab12.6B15.2B16.2B15.9B16.6B8.7B
Property Plant And Equipment Gross242.9M249.5M380.0M434.8M451.0M473.5M
Total Current Assets1.7B3.0B4.6B2.3B711.7M676.2M
Accumulated Other Comprehensive Income19.3M36.3M5.2M(212.6M)(181.2M)(172.2M)
Intangible Assets100.7M88.1M75.5M63.0M50.6M41.0M
Common Stock430K431K428K412K413K282.1K
Other Liab60.4M98.0M114.5M104.2M119.8M125.8M
Accounts Payable11.9B14.4B15.6B15.1B17.4B18.3B
Long Term Debt556.6M366.2M487.6M621.5M642.7M674.8M
Inventory4.9M589K114K47.9M43.1M45.3M
Property Plant Equipment281.7M249.9M308.0M379.3M436.2M458.0M
Other Current Liab(24.5M)(6.5M)(17M)7.6B(33.8M)(32.1M)
Total Current Liabilities24.5M6.5M17M7.6B3.5B3.4B
Net Tangible Assets1.2B1.4B1.5B1.3B1.5B907.3M
Long Term Debt Total256.1M366.2M337.6M321.5M369.7M212.6M
Capital Surpluse1.9B1.9B1.9B2.0B2.3B1.3B
Long Term Investments1.1B14.2B2.0B1.9B1.8B1.7B
Short Long Term Debt24.5M6.5M17M0.033.8M32.1M
Short Term Debt24.5M6.5M17M5.4M33.8M32.1M

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