Independent Bank Corp.
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Independent Bank Corp.'s balance sheet done over the years? Its assets were worth $19,347,373,000 last year, which is more than in the previous period. 85% of Independent Bank Corp.’s total assets is currently financed by debt. Its liabilities reached the amount of $16,452,122,000, which means an increase by 0% compared compared to last year.
Debt to Assets
| 2014 | 6364912000 | 5.72B | 89.94% |
|---|---|---|---|
| 2015 | 7210038000 | 6.43B | 89.3% |
| 2016 | 7709375000 | 6.84B | 88.78% |
| 2017 | 8082029000 | 7.13B | 88.32% |
| 2018 | 8851592000 | 7.77B | 87.87% |
| 2019 | 11395165000 | 303.10M | 2.66% |
| 2020 | 13204301000 | 181.06M | 1.37% |
| 2021 | 20423405000 | 152.37M | 0.75% |
| 2022 | 19294174000 | 16.40B | 85.04% |
| 2023 | 19347373000 | 16.45B | 85.04% |
INDB Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 224.33M | 352.93M | 2.24B | 1.29B | 150.97M | 250.45M | 213.11M | 289.09M | 275.76M | 178.25M |
Short term investments | 0 | 1.39B | 1.57B | 412.86M | 426.42M | 442.75M | 447.49M | 363.64M | 367.24M | 348.55M |
Net receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other current assets | 0 | 370.08M | 2.25B | 1.30B | 155.49M | 6.71B | 0 | 5.89B | 0 | 0 |
Total current assets | 224.33M | 1.75B | 3.81B | 1.70B | 577.39M | 7.40B | 6.79B | 6.54B | 6.07B | 5.39B |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 247.14M | 196.50M | 195.59M | 116.39M | 123.67M | 97.58M | 94.72M | 78.48M | 75.66M | 64.07M |
Goodwill | 985.07M | 985.07M | 985.07M | 506.20M | 506.20M | 256.10M | 231.80M | 221.52M | 201.08M | 170.42M |
Intangible assets | 18.19M | 25.06M | 32.77M | 23.10M | 29.28M | 15.25M | 9.34M | 9.84M | 11.82M | 9.88M |
Long term investments | 151.08M | 3.12B | 2.66B | 1.16B | 1.19B | 1.07B | 946.51M | 851.52M | 845.11M | 724.00M |
Other non-current assets | 17.70B | -4.33B | -3.87B | -1.80B | -1.84B | 266.65M | 257.17M | 0 | 6.66B | 5.97B |
Total non-current assets | 19.10B | 4.33B | 3.87B | 1.80B | 1.84B | 1.44B | 1.28B | 1.16B | 1.13B | 968.38M |
Total assets | 19.34B | 19.29B | 20.42B | 13.20B | 11.39B | 8.85B | 8.08B | 7.70B | 7.21B | 6.36B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 1.11B | 13.71M | 41.28M | 51.12M | 116.72M | 147.80M | 0 | 176.91M | 0 | 0 |
Total current liabilities | 10.56B | 9.75B | 10.29B | 6.83B | 5.73B | 147.80M | 3.64B | 176.91M | 133.95M | 147.89M |
| Non-current liabilities: | ||||||||||
Long term debt | 113.37M | 113.37M | 152.37M | 181.06M | 303.10M | 258.70M | 0 | 158.56M | 0 | 208.76M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 5.77B | -113.37M | -152.37M | -181.06M | -303.10M | -147.80M | 0 | 0 | 0 | 5.36B |
Total non-current liabilities | 5.89B | 16.40B | 152.37M | 181.06M | 303.10M | 110.90M | 161.01M | 158.56M | 210.54M | 208.76M |
Total liabilities | 16.45B | 16.40B | 152.37M | 181.06M | 303.10M | 7.77B | 7.13B | 6.84B | 6.43B | 5.72B |
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