Independent Debt To Equity from 2010 to 2024
| IBCP Stock | USD 37.72 0.65 1.75% |
Debt To Equity | First Reported 2010-12-31 | Previous Quarter 0.31960519 | Current Value 0.3 | Quarterly Volatility 0.13690494 |
Check Independent Bank financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Independent Bank's main balance sheet or income statement drivers, such as Interest Expense of 87.5 M, Other Operating Expenses of 55.3 M or Operating Income of 54.2 M, as well as many indicators such as Price To Sales Ratio of 1.86, Dividend Yield of 0.0332 or PTB Ratio of 1.65. Independent financial statements analysis is a perfect complement when working with Independent Bank Valuation or Volatility modules.
Independent | Debt To Equity |
Latest Independent Bank's Debt To Equity Growth Pattern
Below is the plot of the Debt To Equity of Independent Bank over the last few years. It is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. Independent Bank's Debt To Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Independent Bank's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.14 % | 10 Years Trend |
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Debt To Equity |
| Timeline |
Independent Debt To Equity Regression Statistics
| Arithmetic Mean | 0.31 | |
| Geometric Mean | 0.29 | |
| Coefficient Of Variation | 43.72 | |
| Mean Deviation | 0.1 | |
| Median | 0.28 | |
| Standard Deviation | 0.14 | |
| Sample Variance | 0.02 | |
| Range | 0.4697 | |
| R-Value | 0.08 | |
| Mean Square Error | 0.02 | |
| R-Squared | 0.01 | |
| Significance | 0.77 | |
| Slope | 0 | |
| Total Sum of Squares | 0.26 |
Independent Debt To Equity History
About Independent Bank Financial Statements
Independent Bank shareholders use historical fundamental indicators, such as Debt To Equity, to determine how well the company is positioned to perform in the future. Although Independent Bank investors may analyze each financial statement separately, they are all interrelated. The changes in Independent Bank's assets and liabilities, for example, are also reflected in the revenues and expenses on on Independent Bank's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Debt To Equity | 0.32 | 0.30 |
Pair Trading with Independent Bank
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Independent Bank position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Independent Bank will appreciate offsetting losses from the drop in the long position's value.Moving together with Independent Stock
| 0.97 | AX | Axos Financial | PairCorr |
| 0.96 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.96 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
Moving against Independent Stock
| 0.4 | CFG-PE | Citizens Financial | PairCorr |
| 0.37 | WF | Woori Financial Group | PairCorr |
| 0.35 | TFC-PO | Truist Financial | PairCorr |
| 0.35 | TFC-PR | Truist Financial | PairCorr |
The ability to find closely correlated positions to Independent Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Independent Bank when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Independent Bank - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Independent Bank to buy it.
The correlation of Independent Bank is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Independent Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Independent Bank moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Independent Bank can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Independent Stock Analysis
When running Independent Bank's price analysis, check to measure Independent Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Independent Bank is operating at the current time. Most of Independent Bank's value examination focuses on studying past and present price action to predict the probability of Independent Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Independent Bank's price. Additionally, you may evaluate how the addition of Independent Bank to your portfolios can decrease your overall portfolio volatility.