Independent Total Revenue vs Short Term Debt Analysis
INDB Stock | USD 70.59 0.10 0.14% |
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 Total Revenue and its Short Term Debt 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 unemployment. For information on how to trade Independent Stock refer to our How to Trade Independent Stock guide.
Total Revenue vs Short Term Debt
Total Revenue vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Independent Bank Total Revenue account and Short Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Independent Bank's Total Revenue and Short Term Debt is 0.52. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Short Term Debt 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 Total Revenue and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Independent Bank are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Total Revenue i.e., Independent Bank's Total Revenue and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.52 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Revenue
Total revenue comprises all receipts Independent Bank generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Short Term Debt
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 unemployment. For information on how to trade Independent Stock refer to our How to Trade Independent Stock guide.At present, Independent Bank's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 12.69, whereas Tax Provision is forecasted to decline to about 51.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 156.7M | 338.5M | 315.1M | 330.9M | Other Operating Expenses | 350.7M | 389.4M | 480.6M | 504.6M |
Independent Bank fundamental ratios Correlations
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Independent Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Independent Bank fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 32.9M | 33.3M | 34.9M | 46.4M | 44.2M | 46.4M | |
Total Assets | 11.4B | 13.2B | 20.4B | 19.3B | 19.3B | 20.3B | |
Short Long Term Debt Total | 304.1M | 181.1M | 152.4M | 113.4M | 1.2B | 1.3B | |
Total Stockholder Equity | 1.7B | 1.7B | 3.0B | 2.9B | 2.9B | 3.0B | |
Property Plant And Equipment Net | 123.7M | 116.4M | 195.6M | 196.5M | 247.1M | 259.5M | |
Net Debt | 152.1M | (1.1B) | (2.1B) | (239.6M) | 1.1B | 1.1B | |
Retained Earnings | 654.2M | 716.0M | 766.7M | 934.4M | 1.1B | 1.1B | |
Cash | 151.0M | 1.3B | 2.2B | 352.9M | 224.3M | 253.9M | |
Non Current Assets Total | 1.8B | 1.8B | 3.9B | 4.3B | 19.1B | 20.1B | |
Non Currrent Assets Other | (1.8B) | (1.8B) | (3.9B) | (4.3B) | 17.7B | 18.6B | |
Other Assets | 9.0B | 9.7B | 12.7B | 13.2B | 18.3M | 17.4M | |
Cash And Short Term Investments | 577.4M | 1.7B | 3.8B | 1.8B | 224.3M | 213.1M | |
Liabilities And Stockholders Equity | 11.4B | 13.2B | 20.4B | 19.3B | 19.3B | 20.3B | |
Non Current Liabilities Total | 303.1M | 181.1M | 152.4M | 16.4B | 5.9B | 6.2B | |
Other Stockholder Equity | 1.0B | 942.6M | 2.2B | 2.1B | 1.9B | 2.0B | |
Total Liab | 303.1M | 181.1M | 152.4M | 16.4B | 16.5B | 17.3B | |
Property Plant And Equipment Gross | 123.7M | 116.4M | 307.1M | 323.9M | 338.4M | 355.3M | |
Total Current Assets | 577.4M | 1.7B | 3.8B | 1.8B | 224.3M | 213.1M | |
Other Current Liab | 5.6B | 6.8B | 10.3B | (13.7M) | 9.4B | 4.8B | |
Total Current Liabilities | 5.7B | 6.8B | 10.3B | 9.8B | 10.6B | 11.1B | |
Accumulated Other Comprehensive Income | 18.2M | 40.7M | 2.2M | (163.1M) | (111.5M) | (106.0M) | |
Short Term Debt | 116.7M | 51.1M | 41.3M | 13.7M | 1.1B | 1.2B | |
Common Stock Total Equity | 279K | 342K | 328K | 472K | 542.8K | 569.9K | |
Common Stock | 342K | 328K | 472K | 455K | 427K | 261.1K | |
Other Liab | 124.3M | 327.4M | 335.5M | 207.7M | 238.9M | 250.8M | |
Accounts Payable | 9.1B | 11.0B | 16.9B | 15.9B | 18.3B | 19.2B | |
Long Term Debt | 303.1M | 181.1M | 152.4M | 113.4M | 1.2B | 1.3B | |
Other Current Assets | 155.5M | 1.3B | 2.3B | 370.1M | 242.6M | 230.5M | |
Intangible Assets | 29.3M | 23.1M | 32.8M | 25.1M | 18.2M | 17.4M | |
Property Plant Equipment | 123.7M | 116.4M | 195.6M | 255.4M | 293.7M | 308.4M | |
Short Term Investments | 426.4M | 412.9M | 1.6B | 1.4B | (2.8B) | (2.6B) | |
Good Will | 231.8M | 256.1M | 506.2M | 985.1M | 1.1B | 1.2B | |
Net Tangible Assets | 1.2B | 1.2B | 2.0B | 1.9B | 2.2B | 2.3B | |
Retained Earnings Total Equity | 546.7M | 654.2M | 716.0M | 766.7M | 881.7M | 505.9M | |
Capital Surpluse | 527.6M | 1.0B | 945.6M | 2.2B | 2.6B | 2.7B | |
Long Term Investments | 8.8B | 9.3B | 2.7B | 3.1B | 2.9B | 2.8B | |
Non Current Liabilities Other | 92.3M | 236.6M | 327.4M | 335.5M | 385.9M | 405.2M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Independent Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Independent Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Independent Bank Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Independent Bank Stock: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 unemployment. For information on how to trade Independent Stock refer to our How to Trade Independent Stock guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Regional Banks space 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 Bank. 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 Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.27) | Dividend Share 2.26 | Earnings Share 4.6 | Revenue Per Share 15.336 | Quarterly Revenue Growth (0.12) |
The market value of Independent Bank 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 Bank's value that differs from its market value or its book value, called intrinsic value, which is Independent Bank'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 Bank's market value can be influenced by many factors that don't directly affect Independent Bank'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 Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Independent Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Independent Bank'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.