Independent Change In Cash vs Begin Period Cash Flow Analysis

INDB Stock  USD 73.36  1.61  2.15%   
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 Change In Cash and its Begin Period Cash Flow accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Independent Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Independent Stock refer to our How to Trade Independent Stock guide.

Change In Cash vs Begin Period Cash Flow

Change In Cash vs Begin Period Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Independent Bank Change In Cash account and Begin Period Cash Flow. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Independent Bank's Change In Cash and Begin Period Cash Flow is -0.55. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of Independent Bank, assuming nothing else is changed. The correlation between historical values of Independent Bank's Change In Cash and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Independent Bank are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Change In Cash i.e., Independent Bank's Change In Cash and Begin Period Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.55
Relationship DirectionNegative 
Relationship StrengthVery Weak

Change In Cash

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Independent Stock refer to our How to Trade Independent Stock guide.At present, Independent Bank's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 12.67, whereas Tax Provision is forecasted to decline to about 51.8 M.
 2021 2022 2023 2024 (projected)
Operating Income156.7M338.5M315.1M330.9M
Other Operating Expenses350.7M389.4M480.6M504.6M

Independent Bank fundamental ratios Correlations

0.930.590.910.930.130.960.240.7-0.490.130.320.770.870.660.89-0.32-0.210.790.430.930.780.730.920.56-0.51
0.930.531.00.97-0.080.960.490.71-0.630.10.530.730.980.520.97-0.45-0.170.890.370.980.850.860.990.55-0.63
0.590.530.530.690.670.65-0.190.94-0.13-0.66-0.340.720.480.690.61-0.4-0.550.550.950.680.160.340.610.97-0.39
0.911.00.530.97-0.060.960.460.73-0.660.070.50.750.990.520.98-0.51-0.210.890.370.980.850.840.990.57-0.68
0.930.970.690.970.130.980.320.85-0.56-0.090.330.820.950.650.98-0.49-0.320.870.541.00.760.770.990.72-0.63
0.13-0.080.67-0.060.130.13-0.850.520.26-0.71-0.880.5-0.10.640.06-0.2-0.72-0.020.70.11-0.35-0.370.010.64-0.09
0.960.960.650.960.980.130.290.8-0.56-0.010.310.80.920.630.93-0.47-0.280.840.480.970.760.780.970.67-0.62
0.240.49-0.190.460.32-0.850.29-0.03-0.450.460.93-0.140.49-0.370.36-0.050.560.43-0.250.340.570.750.43-0.16-0.2
0.70.710.940.730.850.520.8-0.03-0.3-0.59-0.130.850.70.740.8-0.55-0.60.690.850.840.360.520.790.97-0.57
-0.49-0.63-0.13-0.66-0.560.26-0.56-0.45-0.3-0.16-0.48-0.42-0.68-0.13-0.60.530.13-0.75-0.11-0.58-0.63-0.59-0.61-0.170.63
0.130.1-0.660.07-0.09-0.71-0.010.46-0.59-0.160.67-0.360.08-0.31-0.050.490.69-0.07-0.73-0.080.430.14-0.02-0.730.29
0.320.53-0.340.50.33-0.880.310.93-0.13-0.480.67-0.080.54-0.270.410.030.540.42-0.410.350.70.670.44-0.31-0.16
0.770.730.720.750.820.50.8-0.140.85-0.42-0.36-0.080.740.890.84-0.57-0.750.710.640.820.470.460.780.76-0.63
0.870.980.480.990.95-0.10.920.490.7-0.680.080.540.740.50.98-0.52-0.220.90.340.960.860.830.980.53-0.69
0.660.520.690.520.650.640.63-0.370.74-0.13-0.31-0.270.890.50.65-0.17-0.690.420.640.630.270.160.570.65-0.22
0.890.970.610.980.980.060.930.360.8-0.6-0.050.410.840.980.65-0.5-0.350.880.480.980.780.770.980.65-0.65
-0.32-0.45-0.4-0.51-0.49-0.2-0.47-0.05-0.550.530.490.03-0.57-0.52-0.17-0.50.6-0.62-0.35-0.51-0.27-0.47-0.5-0.560.96
-0.21-0.17-0.55-0.21-0.32-0.72-0.280.56-0.60.130.690.54-0.75-0.22-0.69-0.350.6-0.32-0.57-0.320.090.05-0.25-0.630.5
0.790.890.550.890.87-0.020.840.430.69-0.75-0.070.420.710.90.420.88-0.62-0.320.50.880.720.830.890.59-0.76
0.430.370.950.370.540.70.48-0.250.85-0.11-0.73-0.410.640.340.640.48-0.35-0.570.50.520.00.230.460.91-0.32
0.930.980.680.981.00.110.970.340.84-0.58-0.080.350.820.960.630.98-0.51-0.320.880.520.770.790.990.7-0.65
0.780.850.160.850.76-0.350.760.570.36-0.630.430.70.470.860.270.78-0.270.090.720.00.770.750.80.17-0.48
0.730.860.340.840.77-0.370.780.750.52-0.590.140.670.460.830.160.77-0.470.050.830.230.790.750.840.39-0.63
0.920.990.610.990.990.010.970.430.79-0.61-0.020.440.780.980.570.98-0.5-0.250.890.460.990.80.840.65-0.65
0.560.550.970.570.720.640.67-0.160.97-0.17-0.73-0.310.760.530.650.65-0.56-0.630.590.910.70.170.390.65-0.54
-0.51-0.63-0.39-0.68-0.63-0.09-0.62-0.2-0.570.630.29-0.16-0.63-0.69-0.22-0.650.960.5-0.76-0.32-0.65-0.48-0.63-0.65-0.54
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Independent Bank Account Relationship Matchups

Independent Bank fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding32.9M33.3M34.9M46.4M44.2M46.4M
Total Assets11.4B13.2B20.4B19.3B19.3B20.3B
Short Long Term Debt Total304.1M181.1M152.4M113.4M1.2B1.3B
Total Stockholder Equity1.7B1.7B3.0B2.9B2.9B3.0B
Property Plant And Equipment Net123.7M116.4M195.6M196.5M247.1M259.5M
Net Debt152.1M(1.1B)(2.1B)(239.6M)1.1B1.1B
Retained Earnings654.2M716.0M766.7M934.4M1.1B1.1B
Cash151.0M1.3B2.2B352.9M224.3M253.9M
Non Current Assets Total1.8B1.8B3.9B4.3B19.1B20.1B
Non Currrent Assets Other(1.8B)(1.8B)(3.9B)(4.3B)(1.4B)(1.3B)
Other Assets9.0B9.7B12.7B13.2B18.3M17.4M
Cash And Short Term Investments577.4M1.7B3.8B1.8B224.3M213.1M
Liabilities And Stockholders Equity11.4B13.2B20.4B19.3B19.3B20.3B
Non Current Liabilities Total303.1M181.1M152.4M16.4B16.5B17.3B
Other Stockholder Equity1.0B942.6M2.2B2.1B1.9B2.0B
Total Liab303.1M181.1M152.4M16.4B16.5B17.3B
Property Plant And Equipment Gross123.7M116.4M307.1M323.9M338.4M355.3M
Total Current Assets577.4M1.7B3.8B1.8B224.3M213.1M
Other Current Liab5.6B6.8B10.3B(13.7M)(1.1B)(1.1B)
Total Current Liabilities5.7B6.8B10.3B9.8B10.6B11.1B
Accumulated Other Comprehensive Income18.2M40.7M2.2M(163.1M)(111.5M)(106.0M)
Short Term Debt116.7M51.1M41.3M13.7M1.1B1.2B
Common Stock Total Equity279K342K328K472K542.8K569.9K
Common Stock342K328K472K455K427K261.1K
Other Liab124.3M327.4M335.5M207.7M238.9M250.8M
Accounts Payable9.1B11.0B16.9B15.9B18.3B19.2B
Long Term Debt303.1M181.1M152.4M113.4M1.2B1.3B
Other Current Assets155.5M1.3B2.3B370.1M242.6M230.5M
Intangible Assets29.3M23.1M32.8M25.1M18.2M17.4M
Property Plant Equipment123.7M116.4M195.6M255.4M293.7M308.4M
Short Term Investments426.4M412.9M1.6B1.4B(2.8B)(2.6B)
Good Will231.8M256.1M506.2M985.1M1.1B1.2B
Net Tangible Assets1.2B1.2B2.0B1.9B2.2B2.3B
Retained Earnings Total Equity546.7M654.2M716.0M766.7M881.7M505.9M
Capital Surpluse527.6M1.0B945.6M2.2B2.6B2.7B
Long Term Investments8.8B9.3B2.7B3.1B2.9B2.8B
Non Current Liabilities Other92.3M236.6M327.4M335.5M385.9M405.2M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Independent Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Independent Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Independent Bank Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Independent Bank Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Independent Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Independent Stock refer to our How to Trade Independent Stock guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Independent Bank. If investors know Independent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Independent Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.27)
Dividend Share
2.26
Earnings Share
4.6
Revenue Per Share
15.336
Quarterly Revenue Growth
(0.12)
The market value of Independent Bank is measured differently than its book value, which is the value of Independent that is recorded on the company's balance sheet. Investors also form their own opinion of Independent Bank's value that differs from its market value or its book value, called intrinsic value, which is Independent Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Independent Bank's market value can be influenced by many factors that don't directly affect Independent Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Independent Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Independent Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Independent Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.