Independent Bank Balance Sheet - Annual (NASDAQ:IBTX)

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$62.3 $0.7 (1.11%) IBTX stock closing price Dec 02, 2016 (Closing)

A balance sheet is one of the three key financial statements released by a publicly listed company like Independent Bank, and helps in stock analysis. A balance sheet can help evaluate the financial performance of a company. Ratios like return on total assets and current ratio, which also uses cash on hand can be used to measure the operating efficiency of a firm, and can be used to conduct a more accurate Independent Bank stock analysis. Quarterly results announcements include the release of all three financial statements, of which the balance sheet is one. The Independent Bank balance sheet for 2015 shows cash on hand of $355.02M. The cash has increased by $30.98M. Independent Bank revenue was $190.15M and Independent Bank operating cash flow was $46.29M. View latest and last 10 year balance sheet data to check Independent Bank financial performance..

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Annual
Quarterly
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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.
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Most investors just check the Independent Bank stock price, and Independent Bank historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Independent Bank PE ratio chart. Below is a brief explanation of common balance sheet terms:
  • 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 $5.06B.
  • 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.
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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
)
1.8810