Independent Bank Balance Sheet - Annual (NASDAQ:IBTX)

Add to My Stocks
$60.35 $0.65 (1.07%) IBTX stock closing price Jan 19, 2017 (Closing)

The financial analysis of a company like Independent Bank involves checking the three financial statements of the company in detail, of which the balance sheet is one. All three financial statements should be used to measure the financial performance of the company, and should form a part of the Independent Bank stock analysis. A company releases its balance sheet every quarter along with its quarterly results. Independent Bank balance sheet as at the end of 2015 indicates an asset turnover ratio of 0.04M and debt to equity ratio of 0.93M. Whereas, Independent Bank revenue was $190.15M and Independent Bank operating cash flow was $46.29M for the same period. View latest and last 10 year balance sheet data to check Independent Bank financial performance..

show more
Annual
Quarterly
View Previous Years
View Next Years
Fiscal year is Jan - Dec. 2015 2014 2013 2012 2011 2010
Cash355.02M324.04M93.05M110.01M56.65M86.34M
Marketable Securities------
Receivables3.96B3.18B1.71B1.36B976.62M848.42M
Inventory12.29M4.45M3.38M9.16M2.99M3.3M
Raw Materials------
Work In Progress------
Finished Goods------
Notes Receivable------
Other Current Assets------
Independent Bank Total Current Assets
4.33B3.51B1.81B1.48B1.04B938.07M
Property Plant & Equipment126.32M116.75M95.61M89.85M77.02M75.45M
Accumulated Depreciation33.3M27.85M22.88M19.27M16.6M13.4M
Independent Bank Net Property Plant & Equipment
93.01M88.9M72.73M70.58M60.42M62.05M
Investment & Advances287.71M218.38M203.53M121.52M99.13M56.62M
Other Non-Current Assets2.16M4.76M3.32M16.57M24.45M7.85M
Deferred Charges5.89M2.23M4.83M---
Intangibles275M241.91M37.85M31.96M13.88M14.45M
Deposits & Other Assets63.07M65.89M36.07M22.21M20.2M19.15M
Independent Bank Total Assets
5.06B4.13B2.16B1.74B1.25B1.1B
Notes Payable---15.72M18.69M9M
Accounts Payable4.03B3.25B1.71B1.39B1.03B927.54M
Current Portion Long-Term Debt------
Current Portion Capital Leases------
Accrued Expenses------
Income Taxes Payable------
Other Current Liabilities------
Independent Bank Total Current Liabilities
4.03B3.25B1.71B1.41B1.05B936.54M
Mortgages------
Deferred Taxes/Income------
Convertible Debt------
Long-Term Debt389.43M324.29M213.36M203.53M113.93M81.19M
Non-Current Capital Leases------
Other Long-Term Liabilities9.98M17.89M6.53M5.54M5.27M4.43M
Independent Bank Total Liabilities
4.45B3.59B1.93B1.62B1.17B1.02B
Minority Interest23.93M-----
Preferred Stock-23.93M----
Common Stock Net0.18M0.17M0.12M0.08M0.06M0.06M
Capital Surplus530.1M476.6M222.11M88.79M59.19M58.14M
Retained Earnings70.69M37.73M12.66M33.29M24.59M16.98M
Treasury Stock---0.23M0.02M0.02M
Other Liabilities2.38M2.4M-1.13M2.57M2.16M0.86M
Independent Bank Shareholders Equity
603.37M540.85M233.77M124.51M85.99M76.04M
Independent Bank Total Liabilities & Shareholders Equity
5.06B4.13B2.16B1.74B1.25B1.1B
All figures in USD. M: Millions of USD, B: Billions of USD.
View Previous Years
View Next Years
Get Balance sheet for another ticker

Apart from balance sheet items, an investor would do well to keep track of the Independent Bank stock price by looking at Independent Bank historical stock prices. One can compare PE with industry average by looking at the Independent Bank PE ratio chart. The common balance sheet items are:
  • Assets: An asset is a resource that a corporation like Independent Bank owns and has monetary significance. IBTX assets grew from $4.13B in 2014 to $5.06B in 2015 . Assets can be of two types: fixed assets like real estate, plant and machinery; and current assets which includes cash, accounts receivable etc. Tech stocks typically don't have too many assets.
  • Liabilities: The total liabilities of Independent Bank for 2015 total to $4.45B. 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.
.

Independent Bank Balance Sheet - Key Ratios

Current ratio
1.12
Debt to Equity ratio
0.93
Asset Turnover
ratio
0.04
receivables turnover
ratio
0.06
PB ratio (
price to book ratio
)
1.8420