Independent Bank(INDB)
$84.62-0.19 (-0.22%)
INDB
Independent Bank financials statements
$84.62
At close:-0.19 (-0.22%)
Want to see INDB full AI Analyst Report?
Independent Bank (INDB) Ratios
126 Followers
Independent Bank Ratios
INDB's free cash flow for Q3 2026 was $99.58M. For the 2026 fiscal year, INDB's free cash flow was decreased by $-6.78M and operating cash flow was $106.36M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 0.55 | 0.02 | 0.10 | 0.11 | 0.23 |
| Quick Ratio | 0.55 | 0.02 | 0.10 | 0.11 | 0.23 |
| Cash Ratio | 0.55 | 0.01 | 0.02 | 0.02 | 0.13 |
| Solvency Ratio | 0.01 | 0.01 | 0.02 | 0.02 | 0.01 |
| Operating Cash Flow Ratio | 0.60 | 0.02 | 0.02 | 0.03 | 0.01 |
| Short-Term Operating Cash Flow Coverage | 0.60 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Current Asset Value | $ -21.12B | $ -16.01B | $ -14.89B | $ -14.66B | $ -13.59B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.04 | 0.04 | 0.06 | 0.01 | 0.01 |
| Debt-to-Equity Ratio | 0.25 | 0.23 | 0.42 | 0.04 | 0.05 |
| Debt-to-Capital Ratio | 0.20 | 0.19 | 0.30 | 0.04 | 0.05 |
| Long-Term Debt-to-Capital Ratio | 0.11 | 0.19 | 0.30 | 0.04 | 0.05 |
| Financial Leverage Ratio | 6.99 | 6.47 | 6.68 | 6.68 | 6.77 |
| Debt Service Coverage Ratio | 0.35 | 0.80 | 1.46 | 10.23 | 11.21 |
| Interest Coverage Ratio | 0.85 | 0.85 | 1.67 | 11.75 | 11.42 |
| Debt to Market Cap | 0.23 | 0.26 | 0.42 | 0.03 | 0.05 |
| Interest Debt Per Share | 24.57 | 23.35 | 31.86 | 3.08 | 4.76 |
| Net Debt to EBITDA | 2.17 | 1.67 | 2.83 | -0.62 | -11.02 |
| Profitability Margins | |||||
| Gross Profit Margin | 67.93% | 66.40% | 76.69% | 95.19% | 93.81% |
| EBIT Margin | 22.87% | 25.37% | 34.58% | 46.38% | 30.36% |
| EBITDA Margin | 26.48% | 29.57% | 38.54% | 51.55% | 36.73% |
| Operating Profit Margin | 22.87% | 25.37% | 34.58% | 46.38% | 30.36% |
| Pretax Profit Margin | 22.46% | 25.37% | 34.58% | 46.38% | 30.36% |
| Net Profit Margin | 17.57% | 19.72% | 26.28% | 35.18% | 23.45% |
| Continuous Operations Profit Margin | 17.57% | 19.72% | 26.28% | 35.18% | 23.45% |
| Net Income Per EBT | 78.24% | 77.73% | 76.00% | 75.86% | 77.22% |
| EBT Per EBIT | 98.22% | 100.00% | 100.00% | 100.00% | 100.00% |
| Return on Assets (ROA) | 0.82% | 0.99% | 1.24% | 1.37% | 0.59% |
| Return on Equity (ROE) | 5.75% | 6.42% | 8.27% | 9.14% | 4.01% |
| Return on Capital Employed (ROCE) | 1.09% | 6.08% | 7.03% | 10.18% | 4.47% |
| Return on Invested Capital (ROIC) | 0.84% | 4.72% | 5.34% | 7.72% | 3.45% |
| Return on Tangible Assets | 0.87% | 1.05% | 1.31% | 1.44% | 0.62% |
| Earnings Yield | 5.68% | 7.04% | 8.24% | 6.74% | 4.26% |
| Efficiency Ratios | |||||
| Receivables Turnover | 129.69 | 0.00 | 0.00 | 0.00 | 0.00 |
| Payables Turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory Turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Fixed Asset Turnover | 5.35 | 5.04 | 4.72 | 3.82 | 2.64 |
| Asset Turnover | 0.05 | 0.05 | 0.05 | 0.04 | 0.03 |
| Working Capital Turnover Ratio | -0.15 | -0.07 | -0.07 | -0.06 | -0.05 |
| Cash Conversion Cycle | 2.81 | 0.00 | 0.00 | 0.00 | 0.00 |
| Days of Sales Outstanding | 2.81 | 0.00 | 0.00 | 0.00 | 0.00 |
| Days of Inventory Outstanding | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Days of Payables Outstanding | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Cycle | 2.81 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 5.08 | 5.41 | 6.27 | 9.08 | 5.45 |
| Free Cash Flow Per Share | 4.83 | 4.93 | 5.91 | 8.61 | 4.73 |
| Dividend Paid and CapEx Coverage Ratio | 2.16 | 1.97 | 2.43 | 3.64 | 2.16 |
| Capital Expenditure Coverage Ratio | 20.70 | 11.25 | 17.48 | 19.08 | 7.55 |
| Operating Cash Flow Coverage Ratio | 0.28 | 0.33 | 0.23 | 3.72 | 1.25 |
| Operating Cash Flow to Sales Ratio | 0.22 | 0.24 | 0.30 | 0.56 | 0.37 |
| Free Cash Flow Yield | 6.61% | 7.68% | 8.98% | 10.19% | 5.80% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 16.42 | 14.20 | 12.14 | 14.84 | 23.50 |
| Price-to-Sales (P/S) Ratio | 3.10 | 2.80 | 3.19 | 5.22 | 5.51 |
| Price-to-Book (P/B) Ratio | 1.01 | 0.91 | 1.00 | 1.36 | 0.94 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 15.12 | 13.02 | 11.13 | 9.81 | 17.23 |
| Price-to-Operating Cash Flow Ratio | 14.39 | 11.86 | 10.50 | 9.30 | 14.95 |
| Price-to-Earnings Growth (PEG) Ratio | -10.60 | -0.86 | -2.56 | 0.23 | -5.03 |
| Enterprise Value Multiple | 13.87 | 11.14 | 11.11 | 9.51 | 3.98 |
| Enterprise Value | 4.29B | 3.21B | 3.90B | 3.68B | 754.80M |
| EV to EBITDA | 13.87 | 11.14 | 11.11 | 9.51 | 3.98 |
| EV to Sales | 3.67 | 3.29 | 4.28 | 4.90 | 1.46 |
| EV to Free Cash Flow | 17.93 | 15.32 | 14.94 | 9.21 | 4.57 |
| EV to Operating Cash Flow | 17.06 | 13.96 | 14.09 | 8.73 | 3.97 |
| Tangible Book Value Per Share | 47.35 | 46.96 | 42.82 | 40.47 | 57.37 |
| Shareholders’ Equity Per Share | 72.10 | 70.43 | 65.53 | 62.25 | 86.56 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.22 | 0.22 | 0.24 | 0.24 | 0.23 |
| Revenue Per Share | 23.60 | 22.92 | 20.63 | 16.17 | 14.80 |
| Net Income Per Share | 4.15 | 4.52 | 5.42 | 5.69 | 3.47 |
| Tax Burden | 0.78 | 0.78 | 0.76 | 0.76 | 0.77 |
| Interest Burden | 0.98 | 1.00 | 1.00 | 1.00 | 1.00 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.26 | 0.25 | 0.26 | 0.28 | 0.34 |
| Stock-Based Compensation to Revenue | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Income Quality | 1.22 | 1.20 | 1.16 | 1.60 | 1.57 |
Currency in USD
