Independent Bank Group Stock Cash And Equivalents
| IBTX Stock | USD 37.64 0.78 2.12% |
Independent Bank Group fundamentals help investors to digest information that contributes to Independent Bank's financial success or failures. It also enables traders to predict the movement of Independent Stock. The fundamental analysis module provides a way to measure Independent Bank's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Independent Bank stock.
Independent | Cash And Equivalents |
Independent Bank Group Company Cash And Equivalents Analysis
Independent Bank's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Current Independent Bank Cash And Equivalents | 533.58 M |
Most of Independent Bank's fundamental indicators, such as Cash And Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Independent Bank Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Independent Cash And Equivalents Driver Correlations
Understanding the fundamental principles of building solid financial models for Independent Bank is extremely important. It helps to project a fair market value of Independent Stock properly, considering its historical fundamentals such as Cash And Equivalents. Since Independent Bank's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Independent Bank's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Independent Bank's interrelated accounts and indicators.
Click cells to compare fundamentals
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
| Competition |
Independent Cash And Cash Equivalents Changes
Cash And Cash Equivalents Changes |
|
In accordance with the recently published financial statements, Independent Bank Group has 533.58 M in Cash And Equivalents. This is 98.42% lower than that of the Banks sector and significantly higher than that of the Financials industry. The cash and equivalents for all United States stocks is 80.25% higher than that of the company.
Independent Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Independent Bank's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Independent Bank could also be used in its relative valuation, which is a method of valuing Independent Bank by comparing valuation metrics of similar companies.Independent Bank is currently under evaluation in cash and equivalents category among related companies.
Independent Bank Current Valuation Drivers
We derive many important indicators used in calculating different scores of Independent Bank from analyzing Independent Bank's financial statements. These drivers represent accounts that assess Independent Bank's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Independent Bank's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 2.4B | 2.7B | 3.1B | 2.5B | 2.1B | 1.2B | |
| Enterprise Value | 2.4B | 1.6B | 954.3M | 2.5B | 2.0B | 2.2B |
Independent Fundamentals
| Return On Equity | 0.0441 | |||
| Return On Asset | 0.0056 | |||
| Profit Margin | 0.22 % | |||
| Operating Margin | 0.34 % | |||
| Current Valuation | 1.38 B | |||
| Shares Outstanding | 41.38 M | |||
| Shares Owned By Insiders | 13.53 % | |||
| Shares Owned By Institutions | 79.00 % | |||
| Number Of Shares Shorted | 2.64 M | |||
| Price To Earning | 13.02 X | |||
| Price To Book | 0.70 X | |||
| Price To Sales | 3.32 X | |||
| Revenue | 923.03 M | |||
| Gross Profit | 605.18 M | |||
| EBITDA | 12.44 M | |||
| Net Income | 43.2 M | |||
| Cash And Equivalents | 533.58 M | |||
| Cash Per Share | 12.95 X | |||
| Total Debt | 676.44 M | |||
| Debt To Equity | 7.34 % | |||
| Book Value Per Share | 58.02 X | |||
| Cash Flow From Operations | 165.27 M | |||
| Short Ratio | 13.99 X | |||
| Earnings Per Share | 2.53 X | |||
| Price To Earnings To Growth | 1.81 X | |||
| Target Price | 46.0 | |||
| Number Of Employees | 1.52 K | |||
| Beta | 1.32 | |||
| Market Capitalization | 1.54 B | |||
| Total Asset | 19.04 B | |||
| Retained Earnings | 616.72 M | |||
| Annual Yield | 0.04 % | |||
| Five Year Return | 1.59 % | |||
| Net Asset | 19.04 B | |||
| Last Dividend Paid | 1.52 |
About Independent Bank Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Independent Bank Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Independent Bank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Independent Bank Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Independent Bank in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Independent Bank's short interest history, or implied volatility extrapolated from Independent Bank options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Independent Bank Piotroski F Score and Independent Bank Altman Z Score analysis. For more information on how to buy Independent Stock please use our How to Invest in Independent Bank guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary 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.
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Stocks Directory Find actively traded stocks across global markets | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets |
Is Independent Bank's industry 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 (0.64) | Dividend Share 1.52 | Earnings Share 2.53 | Revenue Per Share 11.705 | Quarterly Revenue Growth (0.15) |
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.