Independent Bank Corp. Balance Sheet - Annual (NASDAQ:INDB)

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$64.85 $0.1 (0.15%) INDB stock closing price Dec 02, 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 Corp. 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 Corp. stock analysis. Quarterly results are typically accompanied with the company releasing financial statements. Independent Bank Corp. had a long term debt of $210.54M at the end of 2015. Independent Bank Corp. operating cash flow was $89.54M while Independent Bank Corp. revenue stood at $311.43M. View latest and last 10 year balance sheet data to check Independent Bank Corp. financial performance..

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Annual
Quarterly
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Fiscal year is Jan - Dec. 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Cash275.76M178.25M216.32M215.47M237.5M161.28M121.9M50.1M67.41M138.29M
Marketable Securities0.35M---8.24M7.59M6.17M2.7M--
Receivables5.49B4.92B4.67B4.47B3.75B3.51B3.35B2.62B2.02B2B
Inventory5.99M6.88M8.88M48.18M20.5M27.91M13.46M---
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets---------1.75M
Independent Bank Corp. Total Current Assets
5.77B5.1B4.89B4.73B4.01B3.71B3.49B2.68B2.08B2.14B
Property Plant & Equipment138.11M119.9M115.68M102.11M90.56M95.13M90.03M77.94M--
Accumulated Depreciation62.45M55.82M50.73M46.89M42.31M49.42M45.8M41.51M--
Independent Bank Corp. Net Property Plant & Equipment
75.66M64.07M64.95M55.22M48.25M45.71M44.23M36.42M39.08M37.31M
Investment & Advances859.18M757.24M747.44M549.37M546.14M616.04M637.91M657.68M507.47M515.54M
Other Non-Current Assets2.15M7.74M7.63M12.15M6.92M7.33M----
Deferred Charges----------
Intangibles212.9M180.3M182.64M162.14M140.72M141.95M145.92M127.2M62.48M58.97M
Deposits & Other Assets286.11M254.77M206.29M247.25M215.82M178.47M159.25M130.5M75.83M78.94M
Independent Bank Corp. Total Assets
7.21B6.36B6.1B5.76B4.97B4.7B4.48B3.63B2.77B2.83B
Notes Payable133.95M197.89M204.28M203.35M216.12M168.11M190.45M170.88M190.15M185.56M
Accounts Payable5.99B5.21B4.99B4.55B3.88B3.63B3.38B2.58B2.03B2.09B
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses--------3.06M2.95M
Income Taxes Payable----------
Other Current Liabilities----------
Independent Bank Corp. Total Current Liabilities
6.12B5.41B5.19B4.75B4.09B3.8B3.57B2.75B2.22B2.28B
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt210.54M208.76M244.2M387.69M321.55M397.31M456.94M524.43M311.12M305.12M
Non-Current Capital Leases----------
Other Long-Term Liabilities103.37M107.26M72.78M89.93M86.66M66.04M46.68M48.79M16.99M15.14M
Independent Bank Corp. Total Liabilities
6.44B5.72B5.51B5.23B4.5B4.26B4.07B3.32B2.55B2.6B
Minority Interest----------
Preferred Stock----------
Common Stock Net0.26M0.23M0.23M0.22M0.21M0.21M0.2M0.16M0.13M0.14M
Capital Surplus405.48M311.97M305.17M269.95M233.87M226.7M225.08M137.48M60.63M60.18M
Retained Earnings368.16M330.44M293.56M263.67M239.45M210.32M184.59M177.49M164.56M175.14M
Treasury Stock----------
Other Liabilities-2.45M-2.13M-7.43M-4.52M-4.48M-0.76M2.75M-9.87M-4.86M-5.69M
Independent Bank Corp. Shareholders Equity
771.46M640.52M591.54M529.32M469.05M436.47M412.64M305.27M220.46M229.78M
Independent Bank Corp. Total Liabilities & Shareholders Equity
7.21B6.36B6.1B5.76B4.97B4.7B4.48B3.63B2.77B2.83B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Apart from balance sheet items, an investor would do well to keep track of the Independent Bank Corp. stock price by looking at Independent Bank Corp. historical stock prices. One can compare PE with industry average by looking at the Independent Bank Corp. PE ratio chart. The common balance sheet items are:
  • Assets: An asset is a resource that a corporation like Independent Bank Corp. owns and has monetary significance. INDB assets grew from $6.36B in 2014 to $7.21B 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: This item on the balance sheet implies the firm's, in this case Independent Bank Corp.'s, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for INDB stock stand at $6.44B.
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Independent Bank Corp. Balance Sheet - Key Ratios

Current ratio
0.95
Debt to Equity ratio
0.36
Asset Turnover
ratio
0.04
receivables turnover
ratio
0.06
PB ratio (
price to book ratio
)
2.1660