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

Add to My Stocks
$72.3 $0.3 (0.42%) INDB stock closing price Sep 22, 2017 (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. Balance sheet items like cash at hand, total assets and liabilities helps one analyze a company and summarize the financial performance of the company like we have in our Independent Bank Corp. stock analysis. A company releases its balance sheet every quarter along with its quarterly results. Independent Bank Corp. balance sheet as at the end of 2017-Q2 indicates an asset turnover ratio of 0.05M and debt to equity ratio of 0.37M. Whereas, Independent Bank Corp. revenue was $89.53M and Independent Bank Corp. operating cash flow was $49.21M for the same period. View Independent Bank Corp. quarterly results to get the balance sheet details for the latest 40 quarters data.

show more
Quarterly
Annual
View Previous Quarters
View Next Quarters
Fiscal year is Jan - Dec.2017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q42015 Q32015 Q22015 Q1
Cash236.32M220.07M289.09M357.8M332.13M196.73M275.76M250.32M395.77M156.27M
Marketable Securities1.29M1.28M0.8M0.8M0.79M0.76M0.35M0.45M0.48M0.49M
Receivables6.21B6B5.94B5.69B5.62B5.53B5.49B5.44B5.38B5.34B
Inventory9.38M3.39M6.13M13.33M12.92M7.58M5.99M11.47M10.72M9.5M
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets----------
Independent Bank Corp. Total Current Assets
6.46B6.23B6.23B6.06B5.96B5.74B5.77B5.71B5.79B5.5B
Property Plant & Equipment--146.76M---138.11M---
Accumulated Depreciation--68.28M---62.45M---
Independent Bank Corp. Net Property Plant & Equipment
92.66M82.02M78.48M76.42M76.17M76.69M75.66M73.73M74.14M73.31M
Investment & Advances928.75M915.45M862.21M829.07M839.78M847.67M859.18M851.41M840.82M819.26M
Other Non-Current Assets3.02M3.4M4.17M1.79M1.84M1.72M2.15M2.53M5.12M6.28M
Deferred Charges----------
Intangibles243M230.61M231.37M210.83M211.52M212.21M212.9M213.61M214.33M215.05M
Deposits & Other Assets292.62M279.8M299.05M323.99M327.14M313.08M286.11M289.01M274.71M292.28M
Independent Bank Corp. Total Assets
8.02B7.74B7.71B7.5B7.42B7.19B7.21B7.14B7.2B6.91B
Notes Payable176.91M133.95M197.89M204.28M203.35M216.12M168.11M190.45M170.88M190.15M
Accounts Payable6.7B6.47B6.41B6.27B6.2B6B5.99B5.91B5.97B5.67B
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses----------
Income Taxes Payable----------
Other Current Liabilities----------
Independent Bank Corp. Total Current Liabilities
6.85B6.62B6.59B6.41B6.34B6.13B6.12B6.05B6.14B5.85B
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt161M158.52M158.56M158.6M158.65M158.69M210.54M322.97M216.76M216.87M
Non-Current Capital Leases----------
Other Long-Term Liabilities86.95M85.66M96.95M114.78M118.7M112.6M103.37M-95.86M112.47M
Independent Bank Corp. Total Liabilities
7.1B6.86B6.84B6.68B6.61B6.4B6.44B6.38B6.45B6.18B
Minority Interest----------
Preferred Stock----------
Common Stock Net0.27M0.26M0.26M0.26M0.26M0.26M0.26M0.26M0.25M0.25M
Capital Surplus476.68M452.04M451.66M409.73M408.15M406.92M405.48M404.08M401.43M399.93M
Retained Earnings437.58M425.8M414.09M404.75M391.89M379.15M368.16M355.53M343.75M333.1M
Treasury Stock----------
Other Liabilities0.04M-0.63M-1.33M3.5M3.58M1.81M-2.45M-0.68M-2.13M-0.41M
Independent Bank Corp. Shareholders Equity
914.58M877.48M864.69M818.24M803.89M788.14M771.46M759.2M743.31M732.88M
Independent Bank Corp. Total Liabilities & Shareholders Equity
8.02B7.74B7.71B7.5B7.42B7.19B7.21B7.14B7.2B6.91B
All figures in USD. M: Millions of USD, B: Billions of USD.
View Previous Quarters
View Next Quarters

Looking at Independent Bank Corp. historical stock prices and the current Independent Bank Corp. stock price can tell you how the stock price has moved, whereas the Independent Bank Corp. PE ratio chart shows if its shares are overpriced in comparison to peers. The important things to look for in a balance sheet are:
  • Assets: Anything that the Independent Bank Corp. 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 Corp. had total assets of $8.02B.
  • Liabilities include short term loans and long term loans availed by the company to fund its business operations. INDB stock had total liabilities of $7.1B for quarter 2017-Q2.
.

Independent Bank Corp. Balance Sheet - Key Ratios

Current ratio
0.94
Debt to equity ratio
0.37
Asset turnover ratio
0.05
Receivables turnover
0.06
price to book ratio
2.3