Independent Free Cash Flow vs Capital Expenditures Analysis

INDB Stock

USD 71.39 0.80 1.13%

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 Free Cash Flow and its Capital Expenditures 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.

Free Cash Flow vs Capital Expenditures

Free Cash Flow vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Independent Bank Free Cash Flow account and Capital Expenditures. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Independent Bank's Free Cash Flow and Capital Expenditures is 0.54. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Capital Expenditures 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 Free Cash Flow and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Independent Bank are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Free Cash Flow i.e., Independent Bank's Free Cash Flow and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

0.54

Relationship Direction	Positive
Relationship Strength	Weak

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Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Capital Expenditures

Capital Expenditures are funds used by Independent Bank to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Independent Bank operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

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 12.69, whereas Tax Provision is forecasted to decline to about 51.8 M.

	2021	2022	2023	2024 (projected)
EBIT	171.3M	360.5M	315.1M	330.9M
Operating Income	156.7M	338.5M	315.1M	330.9M

Ebit Operating Income

Independent Bank fundamental ratios Correlations

	Common Stock Shares Outstanding	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	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Other Current Liab	Total Current Liabilities	Short Term Debt	Common Stock Total Equity	Common Stock	Other Liab	Accounts Payable	Long Term Debt	Other Current Assets
Common Stock Shares Outstanding		0.93	0.59	0.91	0.93	0.13	0.96	0.24	0.7	0.38	0.13	0.32	0.67	0.87	0.66	0.89	-0.32	0.33	0.79	0.43	0.93	0.78	0.73	0.92	0.56	-0.51
Total Assets	0.93		0.53	1.0	0.97	-0.08	0.96	0.49	0.71	0.32	0.1	0.53	0.62	0.98	0.52	0.97	-0.45	0.39	0.89	0.37	0.98	0.85	0.86	0.99	0.55	-0.63
Short Long Term Debt Total	0.59	0.53		0.53	0.69	0.67	0.65	-0.19	0.94	0.91	-0.66	-0.34	0.27	0.48	0.69	0.61	-0.4	0.33	0.55	0.95	0.68	0.16	0.34	0.61	0.97	-0.39
Total Stockholder Equity	0.91	1.0	0.53		0.97	-0.06	0.96	0.46	0.73	0.32	0.07	0.5	0.64	0.99	0.52	0.98	-0.51	0.35	0.89	0.37	0.98	0.85	0.84	0.99	0.57	-0.68
Property Plant And Equipment Net	0.93	0.97	0.69	0.97		0.13	0.98	0.32	0.85	0.51	-0.09	0.33	0.62	0.95	0.65	0.98	-0.49	0.36	0.87	0.54	1.0	0.76	0.77	0.99	0.72	-0.63
Net Debt	0.13	-0.08	0.67	-0.06	0.13		0.13	-0.85	0.52	0.72	-0.71	-0.88	0.23	-0.1	0.64	0.06	-0.2	-0.23	-0.02	0.7	0.11	-0.35	-0.37	0.01	0.64	-0.09
Retained Earnings	0.96	0.96	0.65	0.96	0.98	0.13		0.29	0.8	0.45	-0.01	0.31	0.63	0.92	0.63	0.93	-0.47	0.36	0.84	0.48	0.97	0.76	0.78	0.97	0.67	-0.62
Cash	0.24	0.49	-0.19	0.46	0.32	-0.85	0.29		-0.03	-0.32	0.46	0.93	-0.1	0.49	-0.37	0.36	-0.05	0.52	0.43	-0.25	0.34	0.57	0.75	0.43	-0.16	-0.2
Non Current Assets Total	0.7	0.71	0.94	0.73	0.85	0.52	0.8	-0.03		0.85	-0.59	-0.13	0.47	0.7	0.74	0.8	-0.55	0.28	0.69	0.85	0.84	0.36	0.52	0.79	0.97	-0.57
Non Currrent Assets Other	0.38	0.32	0.91	0.32	0.51	0.72	0.45	-0.32	0.85		-0.76	-0.47	0.16	0.27	0.65	0.43	-0.3	0.24	0.27	0.84	0.48	-0.06	0.15	0.42	0.91	-0.24
Other Assets	0.13	0.1	-0.66	0.07	-0.09	-0.71	-0.01	0.46	-0.59	-0.76		0.67	0.05	0.08	-0.31	-0.05	0.49	0.1	-0.07	-0.73	-0.08	0.43	0.14	-0.02	-0.73	0.29
Cash And Short Term Investments	0.32	0.53	-0.34	0.5	0.33	-0.88	0.31	0.93	-0.13	-0.47	0.67		0.12	0.54	-0.27	0.41	0.03	0.37	0.42	-0.41	0.35	0.7	0.67	0.44	-0.31	-0.16
Non Current Liabilities Total	0.67	0.62	0.27	0.64	0.62	0.23	0.63	-0.1	0.47	0.16	0.05	0.12		0.66	0.76	0.7	-0.43	-0.36	0.59	0.22	0.63	0.54	0.35	0.62	0.32	-0.54
Other Stockholder Equity	0.87	0.98	0.48	0.99	0.95	-0.1	0.92	0.49	0.7	0.27	0.08	0.54	0.66		0.5	0.98	-0.52	0.3	0.9	0.34	0.96	0.86	0.83	0.98	0.53	-0.69
Total Liab	0.66	0.52	0.69	0.52	0.65	0.64	0.63	-0.37	0.74	0.65	-0.31	-0.27	0.76	0.5		0.65	-0.17	-0.1	0.42	0.64	0.63	0.27	0.16	0.57	0.65	-0.22
Property Plant And Equipment Gross	0.89	0.97	0.61	0.98	0.98	0.06	0.93	0.36	0.8	0.43	-0.05	0.41	0.7	0.98	0.65		-0.5	0.27	0.88	0.48	0.98	0.78	0.77	0.98	0.65	-0.65
Total Current Assets	-0.32	-0.45	-0.4	-0.51	-0.49	-0.2	-0.47	-0.05	-0.55	-0.3	0.49	0.03	-0.43	-0.52	-0.17	-0.5		0.18	-0.62	-0.35	-0.51	-0.27	-0.47	-0.5	-0.56	0.96
Other Current Liab	0.33	0.39	0.33	0.35	0.36	-0.23	0.36	0.52	0.28	0.24	0.1	0.37	-0.36	0.3	-0.1	0.27	0.18		0.21	0.22	0.35	0.42	0.47	0.38	0.25	0.08
Total Current Liabilities	0.79	0.89	0.55	0.89	0.87	-0.02	0.84	0.43	0.69	0.27	-0.07	0.42	0.59	0.9	0.42	0.88	-0.62	0.21		0.5	0.88	0.72	0.83	0.89	0.59	-0.76
Short Term Debt	0.43	0.37	0.95	0.37	0.54	0.7	0.48	-0.25	0.85	0.84	-0.73	-0.41	0.22	0.34	0.64	0.48	-0.35	0.22	0.5		0.52	0.0	0.23	0.46	0.91	-0.32
Common Stock Total Equity	0.93	0.98	0.68	0.98	1.0	0.11	0.97	0.34	0.84	0.48	-0.08	0.35	0.63	0.96	0.63	0.98	-0.51	0.35	0.88	0.52		0.77	0.79	0.99	0.7	-0.65
Common Stock	0.78	0.85	0.16	0.85	0.76	-0.35	0.76	0.57	0.36	-0.06	0.43	0.7	0.54	0.86	0.27	0.78	-0.27	0.42	0.72	0.0	0.77		0.75	0.8	0.17	-0.48
Other Liab	0.73	0.86	0.34	0.84	0.77	-0.37	0.78	0.75	0.52	0.15	0.14	0.67	0.35	0.83	0.16	0.77	-0.47	0.47	0.83	0.23	0.79	0.75		0.84	0.39	-0.63
Accounts Payable	0.92	0.99	0.61	0.99	0.99	0.01	0.97	0.43	0.79	0.42	-0.02	0.44	0.62	0.98	0.57	0.98	-0.5	0.38	0.89	0.46	0.99	0.8	0.84		0.65	-0.65
Long Term Debt	0.56	0.55	0.97	0.57	0.72	0.64	0.67	-0.16	0.97	0.91	-0.73	-0.31	0.32	0.53	0.65	0.65	-0.56	0.25	0.59	0.91	0.7	0.17	0.39	0.65		-0.54
Other Current Assets	-0.51	-0.63	-0.39	-0.68	-0.63	-0.09	-0.62	-0.2	-0.57	-0.24	0.29	-0.16	-0.54	-0.69	-0.22	-0.65	0.96	0.08	-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

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	32.9M	33.3M	34.9M	46.4M	44.2M	46.4M
Total Assets	11.4B	13.2B	20.4B	19.3B	19.3B	20.3B
Short Long Term Debt Total	304.1M	181.1M	152.4M	113.4M	1.2B	1.3B
Total Stockholder Equity	1.7B	1.7B	3.0B	2.9B	2.9B	3.0B
Property Plant And Equipment Net	123.7M	116.4M	195.6M	196.5M	247.1M	259.5M
Net Debt	152.1M	(1.1B)	(2.1B)	(239.6M)	1.1B	1.1B
Retained Earnings	654.2M	716.0M	766.7M	934.4M	1.1B	1.1B
Cash	151.0M	1.3B	2.2B	352.9M	224.3M	253.9M
Non Current Assets Total	1.8B	1.8B	3.9B	4.3B	19.1B	20.1B
Non Currrent Assets Other	(1.8B)	(1.8B)	(3.9B)	(4.3B)	17.7B	18.6B
Other Assets	9.0B	9.7B	12.7B	13.2B	18.3M	17.4M
Cash And Short Term Investments	577.4M	1.7B	3.8B	1.8B	224.3M	213.1M
Liabilities And Stockholders Equity	11.4B	13.2B	20.4B	19.3B	19.3B	20.3B
Non Current Liabilities Total	303.1M	181.1M	152.4M	16.4B	5.9B	6.2B
Other Stockholder Equity	1.0B	942.6M	2.2B	2.1B	1.9B	2.0B
Total Liab	303.1M	181.1M	152.4M	16.4B	16.5B	17.3B
Property Plant And Equipment Gross	123.7M	116.4M	307.1M	323.9M	338.4M	355.3M
Total Current Assets	577.4M	1.7B	3.8B	1.8B	224.3M	213.1M
Other Current Liab	5.6B	6.8B	10.3B	(13.7M)	9.4B	4.8B
Total Current Liabilities	5.7B	6.8B	10.3B	9.8B	10.6B	11.1B
Accumulated Other Comprehensive Income	18.2M	40.7M	2.2M	(163.1M)	(111.5M)	(106.0M)
Short Term Debt	116.7M	51.1M	41.3M	13.7M	1.1B	1.2B
Common Stock Total Equity	279K	342K	328K	472K	542.8K	569.9K
Common Stock	342K	328K	472K	455K	427K	261.1K
Other Liab	124.3M	327.4M	335.5M	207.7M	238.9M	250.8M
Accounts Payable	9.1B	11.0B	16.9B	15.9B	18.3B	19.2B
Long Term Debt	303.1M	181.1M	152.4M	113.4M	1.2B	1.3B
Other Current Assets	155.5M	1.3B	2.3B	370.1M	242.6M	230.5M
Intangible Assets	29.3M	23.1M	32.8M	25.1M	18.2M	17.4M
Property Plant Equipment	123.7M	116.4M	195.6M	255.4M	293.7M	308.4M
Short Term Investments	426.4M	412.9M	1.6B	1.4B	(2.8B)	(2.6B)
Good Will	231.8M	256.1M	506.2M	985.1M	1.1B	1.2B
Net Tangible Assets	1.2B	1.2B	2.0B	1.9B	2.2B	2.3B
Retained Earnings Total Equity	546.7M	654.2M	716.0M	766.7M	881.7M	505.9M
Capital Surpluse	527.6M	1.0B	945.6M	2.2B	2.6B	2.7B
Long Term Investments	8.8B	9.3B	2.7B	3.1B	2.9B	2.8B
Non Current Liabilities Other	92.3M	236.6M	327.4M	335.5M	385.9M	405.2M

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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:

How To Invest In Independent

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Is Independent Stock a good investment?

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What is Independent Bank's Net Worth?

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Largest Regional Banks Companies

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Largest Banks - Regional Companies

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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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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.

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Independent Free Cash Flow vs Capital Expenditures Analysis

Free Cash Flow vs Capital Expenditures

Free Cash Flow vs Capital Expenditures Correlation Analysis

Correlation Coefficient

Free Cash Flow

Capital Expenditures

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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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Common Stock Total Equity	+ 1.0	Property Plant And Equipment Net
Accounts Payable	+ 0.99	Total Assets
Other Stockholder Equity	+ 0.99	Total Stockholder Equity
Accounts Payable	+ 0.99	Total Stockholder Equity
Accounts Payable	+ 0.99	Property Plant And Equipment Net

Cash And Short Term Investments	- 0.88	Net Debt
Cash	- 0.85	Net Debt
Other Current Assets	- 0.76	Total Current Liabilities
Other Assets	- 0.76	Non Currrent Assets Other
Long Term Debt	- 0.73	Other Assets
Short Term Debt	- 0.73	Other Assets