Independent Bank Balance Sheet - Quarterly (NASDAQ:IBCP)

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$20.95 $0.45 (2.2%) IBCP stock closing price Dec 09, 2016 (Closing)

The financial analysis of a company involves interpreting the income statement, balance sheet and cash flow statements of the company to draw insights like we've done in our Independent Bank stock analysis. As in our Independent Bank stock analysis, analyzing a company also involves looking at the company's assets and liabilities as given in its balance sheet, which can be used to measure financial performance. Quarterly results announcements include the release of all three financial statements, of which the balance sheet is one. Independent Bank had a long term debt of $47.09M at the end of 2016-Q3. Independent Bank operating cash flow was $13.1M while Independent Bank revenue stood at $33.45M. View Independent Bank quarterly results to get the balance sheet details for the latest & last 40 quarters data..

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Annual
Quarterly
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Fiscal year is Jan - Dec. 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2
Cash121.54M69.59M154.88M97.64M118.22M69.17M113.12M87.57M80.09M120.87M
Marketable Securities0.15M0.21M0.13M0.14M0.22M0.18M0.21M0.2M0.53M0.6M
Receivables1.61B1.58B1.54B1.52B1.47B1.45B1.42B1.41B1.4B1.37B
Inventory38M31.71M28.01M27.86M25.46M30.51M30.93M23.66M22.83M23.19M
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets----------
Independent Bank Total Current Assets
1.77B1.69B1.73B1.64B1.61B1.55B1.57B1.52B1.5B1.51B
Property Plant & Equipment---152.63M---154.19M--
Accumulated Depreciation---109.52M---108.25M--
Independent Bank Net Property Plant & Equipment
40.37M41.04M42.08M43.1M43.35M44.17M45.22M45.94M46.22M46.84M
Investment & Advances618.61M614.98M605.1M600.95M619.94M572.84M591.81M553.09M556.51M541.54M
Other Non-Current Assets4.98M5.57M6.67M7.15M3.85M4.47M5.66M6.45M9.37M18.12M
Deferred Charges32.15M35.25M37.16M39.63M41.42M44.15M46.19M48.63M50.33M52.67M
Intangibles13.06M12.43M13.17M14.71M13.99M14.98M13.85M14.73M15.94M15.69M
Deposits & Other Assets56.38M58.02M57.86M61.63M61.42M61.57M61.2M60.86M60.09M60.01M
Independent Bank Total Assets
2.54B2.45B2.49B2.41B2.39B2.29B2.33B2.25B2.24B2.25B
Notes Payable-------0.75M54.45M84.08M
Accounts Payable2.21B2.13B2.16B2.09B2.06B1.96B2B1.93B1.9B1.91B
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses32.82M29.04M44.1M23.69M31.33M22.96M24.84M24.04M27.15M28.4M
Income Taxes Payable----------
Other Current Liabilities----------
Independent Bank Total Current Liabilities
2.24B2.16B2.2B2.11B2.09B1.99B2.03B1.95B1.93B1.94B
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt47.09M47.36M47.52M47.52M47.63M47.89M48.03M48.03M66.95M67.33M
Non-Current Capital Leases----------
Other Long-Term Liabilities----------
Independent Bank Total Liabilities
2.29B2.21B2.25B2.16B2.14B2.03B2.08B2B1.99B2.01B
Minority Interest----------
Preferred Stock----------
Common Stock Net323.3M324.26M324.32M339.46M343.6M349.58M351.88M352.46M352.12M351.79M
Capital Surplus----------
Retained Earnings-69.38M-74.06M-79.98M-82.33M-86.12M-89.81M-94.05M-96.45M-98.97M-102.53M
Treasury Stock----------
Other Liabilities-3.01M-3.28M-4.79M-6.03M-4.49M-5.39M-4.2M-5.63M-6.08M-6.29M
Independent Bank Shareholders Equity
250.9M246.92M239.54M251.09M252.98M254.37M253.62M250.37M247.06M242.96M
Independent Bank Total Liabilities & Shareholders Equity
2.54B2.45B2.49B2.41B2.39B2.29B2.33B2.25B2.24B2.25B
All figures in USD. M: Millions of USD, B: Billions of USD.
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The latest Independent Bank stock price, and Independent Bank historical stock prices show the stock price movement over time, and the Independent Bank PE ratio chart displays the PE ratio movement. Apart from stock price, one should also look at balance sheet items which mainly comprise of the following:
  • Assets: Anything that the Independent Bank company owns and is a part of its books. Assets can be of three types: fixed, current and other assets which includes intangibles, advances. Internet companies typically don't have a lot of assets as there is not much investment in say machinery, equipment etc. Independent Bank had total assets of $2.54B.
  • Liabilities: The total liabilities of Independent Bank for 2016-Q3 total to $2.29B. Liabilities for a company like Independent Bank include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.
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Independent Bank Balance Sheet - Key Ratios

Current ratio
0.79
Debt to Equity ratio
0.19
Asset Turnover
ratio
0.05
receivables turnover
ratio
0.08
PB ratio (
price to book ratio
)
1.7910