Independent Ebitda vs Gross Profit Analysis

IBTX Stock

USD 67.31 1.82 2.78%

Independent Bank financial indicator trend analysis is infinitely more than just investigating Independent Bank recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Independent Bank is a good investment. Please check the relationship between Independent Bank Ebitda and its Gross Profit accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Independent Bank Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy Independent Stock please use our How to Invest in Independent Bank guide.

Ebitda vs Gross Profit

Ebitda vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Independent Bank Ebitda account and Gross Profit. At this time, the significance of the direction appears to have strong relationship.

The correlation between Independent Bank's Ebitda and Gross Profit is 0.76. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Independent Bank Group, assuming nothing else is changed. The correlation between historical values of Independent Bank's Ebitda and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Independent Bank Group are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Ebitda i.e., Independent Bank's Ebitda and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.76

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Ebitda

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Independent Bank Group minus its cost of goods sold. It is profit before Independent Bank operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most indicators from Independent Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Independent Bank current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Independent Bank Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy Independent Stock please use our How to Invest in Independent Bank guide.At this time, Independent Bank's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 13.44 in 2024, whereas Selling General Administrative is likely to drop slightly above 124.4 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	63.2M	96.8M	414.9M	435.6M
Depreciation And Amortization	25.0M	27.4M	30.9M	32.5M

Interest Expense Depreciation And Amortization

Independent Bank fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Common Stock	Other Liab	Accounts Payable	Long Term Debt
Total Assets		0.78	0.99	0.97	-0.54	0.93	0.72	0.45	-0.3	0.48	0.78	0.92	0.98	0.99	0.96	0.52	-0.11	0.99	1.0	0.84	0.06	0.9	0.98	0.88	0.9	0.81
Short Long Term Debt Total	0.78		0.79	0.69	-0.21	0.67	0.49	0.35	-0.22	0.51	0.53	0.77	0.83	0.81	0.67	0.38	0.24	0.81	0.78	0.58	0.35	0.73	0.83	0.59	0.63	0.53
Total Stockholder Equity	0.99	0.79		0.95	-0.52	0.91	0.71	0.4	-0.24	0.55	0.78	0.93	0.99	1.0	0.94	0.44	-0.04	1.0	0.99	0.81	0.12	0.94	0.99	0.85	0.89	0.78
Property Plant And Equipment Net	0.97	0.69	0.95		-0.46	0.92	0.63	0.51	-0.37	0.37	0.7	0.89	0.94	0.94	0.97	0.64	-0.21	0.95	0.98	0.89	-0.06	0.82	0.93	0.89	0.9	0.86
Net Debt	-0.54	-0.21	-0.52	-0.46		-0.5	-0.95	-0.03	-0.08	-0.33	-0.88	-0.39	-0.46	-0.5	-0.61	0.08	0.14	-0.47	-0.54	-0.39	-0.02	-0.5	-0.48	-0.52	-0.45	-0.33
Retained Earnings	0.93	0.67	0.91	0.92	-0.5		0.67	0.66	-0.51	0.27	0.73	0.96	0.89	0.9	0.91	0.7	-0.22	0.9	0.93	0.96	-0.09	0.8	0.89	0.99	0.98	0.92
Cash	0.72	0.49	0.71	0.63	-0.95	0.67		0.16	-0.03	0.43	0.94	0.6	0.66	0.69	0.75	0.07	-0.08	0.67	0.72	0.55	0.1	0.67	0.68	0.67	0.62	0.48
Non Current Assets Total	0.45	0.35	0.4	0.51	-0.03	0.66	0.16		-0.98	-0.48	0.08	0.66	0.44	0.4	0.43	0.77	-0.33	0.41	0.46	0.78	-0.38	0.24	0.4	0.73	0.7	0.73
Non Currrent Assets Other	-0.3	-0.22	-0.24	-0.37	-0.08	-0.51	-0.03	-0.98		0.63	0.09	-0.51	-0.28	-0.24	-0.28	-0.72	0.36	-0.25	-0.31	-0.66	0.45	-0.08	-0.23	-0.6	-0.57	-0.62
Other Assets	0.48	0.51	0.55	0.37	-0.33	0.27	0.43	-0.48	0.63		0.62	0.32	0.51	0.54	0.44	-0.21	0.44	0.55	0.47	0.07	0.63	0.63	0.56	0.14	0.2	0.06
Cash And Short Term Investments	0.78	0.53	0.78	0.7	-0.88	0.73	0.94	0.08	0.09	0.62		0.67	0.72	0.77	0.82	0.14	-0.03	0.75	0.78	0.6	0.18	0.77	0.76	0.69	0.67	0.54
Good Will	0.92	0.77	0.93	0.89	-0.39	0.96	0.6	0.66	-0.51	0.32	0.67		0.93	0.93	0.87	0.62	-0.09	0.93	0.92	0.92	0.02	0.86	0.93	0.93	0.96	0.89
Common Stock Total Equity	0.98	0.83	0.99	0.94	-0.46	0.89	0.66	0.44	-0.28	0.51	0.72	0.93		0.99	0.93	0.46	-0.02	0.99	0.98	0.8	0.13	0.92	0.99	0.83	0.87	0.77
Common Stock Shares Outstanding	0.99	0.81	1.0	0.94	-0.5	0.9	0.69	0.4	-0.24	0.54	0.77	0.93	0.99		0.93	0.45	-0.06	1.0	0.98	0.8	0.11	0.95	1.0	0.84	0.88	0.8
Short Term Investments	0.96	0.67	0.94	0.97	-0.61	0.91	0.75	0.43	-0.28	0.44	0.82	0.87	0.93	0.93		0.53	-0.13	0.94	0.97	0.86	0.04	0.83	0.92	0.87	0.88	0.81
Non Current Liabilities Total	0.52	0.38	0.44	0.64	0.08	0.7	0.07	0.77	-0.72	-0.21	0.14	0.62	0.46	0.45	0.53		-0.4	0.47	0.53	0.83	-0.38	0.25	0.44	0.71	0.68	0.77
Other Current Assets	-0.11	0.24	-0.04	-0.21	0.14	-0.22	-0.08	-0.33	0.36	0.44	-0.03	-0.09	-0.02	-0.06	-0.13	-0.4		-0.03	-0.12	-0.32	0.97	-0.07	0.0	-0.3	-0.26	-0.47
Other Stockholder Equity	0.99	0.81	1.0	0.95	-0.47	0.9	0.67	0.41	-0.25	0.55	0.75	0.93	0.99	1.0	0.94	0.47	-0.03		0.98	0.81	0.13	0.94	1.0	0.84	0.88	0.79
Total Liab	1.0	0.78	0.99	0.98	-0.54	0.93	0.72	0.46	-0.31	0.47	0.78	0.92	0.98	0.98	0.97	0.53	-0.12	0.98		0.85	0.04	0.89	0.98	0.88	0.9	0.82
Property Plant And Equipment Gross	0.84	0.58	0.81	0.89	-0.39	0.96	0.55	0.78	-0.66	0.07	0.6	0.92	0.8	0.8	0.86	0.83	-0.32	0.81	0.85		-0.21	0.66	0.79	0.97	0.95	0.95
Total Current Assets	0.06	0.35	0.12	-0.06	-0.02	-0.09	0.1	-0.38	0.45	0.63	0.18	0.02	0.13	0.11	0.04	-0.38	0.97	0.13	0.04	-0.21		0.1	0.16	-0.19	-0.15	-0.37
Intangible Assets	0.9	0.73	0.94	0.82	-0.5	0.8	0.67	0.24	-0.08	0.63	0.77	0.86	0.92	0.95	0.83	0.25	-0.07	0.94	0.89	0.66	0.1		0.95	0.73	0.81	0.71
Common Stock	0.98	0.83	0.99	0.93	-0.48	0.89	0.68	0.4	-0.23	0.56	0.76	0.93	0.99	1.0	0.92	0.44	0.0	1.0	0.98	0.79	0.16	0.95		0.83	0.87	0.77
Other Liab	0.88	0.59	0.85	0.89	-0.52	0.99	0.67	0.73	-0.6	0.14	0.69	0.93	0.83	0.84	0.87	0.71	-0.3	0.84	0.88	0.97	-0.19	0.73	0.83		0.97	0.92
Accounts Payable	0.9	0.63	0.89	0.9	-0.45	0.98	0.62	0.7	-0.57	0.2	0.67	0.96	0.87	0.88	0.88	0.68	-0.26	0.88	0.9	0.95	-0.15	0.81	0.87	0.97		0.93
Long Term Debt	0.81	0.53	0.78	0.86	-0.33	0.92	0.48	0.73	-0.62	0.06	0.54	0.89	0.77	0.8	0.81	0.77	-0.47	0.79	0.82	0.95	-0.37	0.71	0.77	0.92	0.93

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Independent Bank Account Relationship Matchups

Independent Bank fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	15.0B	17.8B	18.7B	18.3B	19.0B	10.1B
Short Long Term Debt Total	581.1M	741.2M	487.6M	621.5M	676.4M	501.9M
Total Stockholder Equity	2.3B	2.5B	2.6B	2.4B	2.4B	1.4B
Property Plant And Equipment Net	242.9M	249.5M	308.0M	355.4M	355.8M	185.8M
Net Debt	10.2M	(1.1B)	(2.1B)	(33.3M)	(45.8M)	(48.1M)
Retained Earnings	393.7M	543.8M	625.5M	638.4M	616.7M	647.6M
Cash	570.9M	1.8B	2.6B	654.8M	711.7M	665.2M
Non Current Assets Total	2.4B	2.5B	3.4B	3.3B	20.2B	21.2B
Non Currrent Assets Other	(6.9M)	(3.9M)	(26.2M)	(78.7M)	(3.3B)	(3.2B)
Other Assets	10.9B	12.3B	10.7B	12.6B	(1.9B)	(1.8B)
Cash And Short Term Investments	1.7B	3.0B	4.6B	2.3B	711.7M	1.3B
Common Stock Total Equity	430K	431K	428K	412K	473.8K	268.8K
Common Stock Shares Outstanding	43.0M	42.8M	42.7M	41.5M	41.3M	27.9M
Short Term Investments	1.1B	1.2B	2.0B	1.7B	1.6B	803.8M
Liabilities And Stockholders Equity	15.0B	17.8B	18.7B	18.3B	19.0B	10.1B
Non Current Liabilities Total	581.1M	741.2M	487.6M	15.9B	13.1B	13.8B
Other Current Assets	575.7M	1.8B	2.7B	735.2M	731.7M	695.1M
Other Stockholder Equity	1.9B	1.9B	1.9B	2.0B	2.0B	1.1B
Total Liab	12.6B	15.2B	16.2B	15.9B	16.6B	8.7B
Property Plant And Equipment Gross	242.9M	249.5M	380.0M	434.8M	451.0M	473.5M
Total Current Assets	1.7B	3.0B	4.6B	2.3B	711.7M	676.2M
Accumulated Other Comprehensive Income	19.3M	36.3M	5.2M	(212.6M)	(181.2M)	(172.2M)
Intangible Assets	100.7M	88.1M	75.5M	63.0M	50.6M	41.0M
Common Stock	430K	431K	428K	412K	413K	282.1K
Other Liab	60.4M	98.0M	114.5M	104.2M	119.8M	125.8M
Accounts Payable	11.9B	14.4B	15.6B	15.1B	17.4B	18.3B
Long Term Debt	556.6M	366.2M	487.6M	621.5M	642.7M	674.8M
Inventory	4.9M	589K	114K	47.9M	43.1M	45.3M
Property Plant Equipment	281.7M	249.9M	308.0M	379.3M	436.2M	458.0M
Other Current Liab	(24.5M)	(6.5M)	(17M)	7.6B	(33.8M)	(32.1M)
Total Current Liabilities	24.5M	6.5M	17M	7.6B	3.5B	3.4B
Net Tangible Assets	1.2B	1.4B	1.5B	1.3B	1.5B	907.3M
Long Term Debt Total	256.1M	366.2M	337.6M	321.5M	369.7M	212.6M
Capital Surpluse	1.9B	1.9B	1.9B	2.0B	2.3B	1.3B
Long Term Investments	1.1B	14.2B	2.0B	1.9B	1.8B	1.7B
Short Long Term Debt	24.5M	6.5M	17M	0.0	33.8M	32.1M
Short Term Debt	24.5M	6.5M	17M	5.4M	33.8M	32.1M

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Independent Ebitda vs Gross Profit Analysis

Ebitda vs Gross Profit

Ebitda vs Gross Profit Correlation Analysis

Correlation Coefficient

Ebitda

Gross Profit

Independent Bank fundamental ratios Correlations

Independent Bank Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Independent Bank fundamental ratios Accounts

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Additional Tools for Independent Stock Analysis

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Total Liab	+ 1.0	Total Assets
Common Stock Shares Outstanding	+ 1.0	Total Stockholder Equity
Other Stockholder Equity	+ 1.0	Total Stockholder Equity
Other Stockholder Equity	+ 1.0	Common Stock Shares Outstanding
Common Stock	+ 1.0	Common Stock Shares Outstanding
Common Stock	+ 1.0	Other Stockholder Equity

Non Currrent Assets Other	- 0.98	Non Current Assets Total
Cash	- 0.95	Net Debt
Cash And Short Term Investments	- 0.88	Net Debt
Non Current Liabilities Total	- 0.72	Non Currrent Assets Other
Property Plant And Equipment Gross	- 0.66	Non Currrent Assets Other
Long Term Debt	- 0.62	Non Currrent Assets Other