Independent Bank Corp. company logo
Independent Bank Corp. logo

Independent Bank Corp. (INDB) Current Ratio

Annual Current Ratio

0.020.000.00%

Summary

Current Value
As of today, INDB annual current ratio is 0.02, unchanged on
Historical Performance
INDB annual current ratio is down -90.91% over the past 3 years, and down -33.33% over the past 5 years
All-Time High Comparison
INDB annual current ratio is currently -99.81% below its historical high of 10.55 set on
3-Year Low Comparison
INDB annual current ratio is at its 3-year low
Sector Comparison
INDB annual current ratio is higher than 9.42% of companies in Financial Services sector

Current Ratio Chart

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Series
SUGGESTED SERIES

Performance

INDB Performance
MetricDateValue1Y3Y5Y15Y
Annual Current Ratio0.020.0%-90.9%-33.3%-60.0%
Quarterly Current Ratio0.10+66.7%-9.1%-54.5%-41.2%
Price$74.81+17.7%-8.4%-6.4%+169.8%
Annual Current Assets$236.80M-2.4%-89.5%+52.3%+84.9%
Annual Current Liabilities$10.68B+1.2%+3.8%+86.3%+294.2%
-
Annual Debt To Equity0.25-43.2%+257.1%+19.1%-84.1%
Piotroski F-Score5-28.6%0.0%-16.7%+25.0%
Altman Z-Score-0.28+12.5%0.0%-40.0%-47.4%

Current Ratio Highs

INDB Annual Current Ratio Highs Comparison
PeriodHighDateCurrent
3Y0.04N/A-50.0%
5Y0.22-90.9%
All10.55-99.8%

Current Ratio Lows

INDB Annual Current Ratio Lows Comparison
PeriodLowDateCurrent
3Y0.02at low
5Y0.02at low
All0.02at low

Current Ratio History

YearValueChange
0.020.0%
0.02-50.0%
0.04-81.8%
0.22+15.8%
0.19+533.3%
0.03-50.0%
0.060.0%
0.06-25.0%
0.08-11.1%
0.09+28.6%
0.07-22.2%
0.090.0%
0.09-25.0%
0.12+33.3%
0.09+80.0%
0.05+66.7%
0.03-25.0%
YearValueChange
0.04-50.0%
0.08+14.3%
0.07+133.3%
0.03-40.0%
0.05-16.7%
0.060.0%
0.060.0%
0.06-71.4%
0.21-53.3%
0.45+25.0%
0.36-53.8%
0.78-77.7%
3.49+188.4%
1.21-65.1%
3.47-49.6%
6.88-34.8%
10.55-

FAQ

  • What is the current annual current ratio of INDB?

    As of today, INDB annual current ratio is 0.02

  • What is 1-year change in INDB annual current ratio?

    INDB annual current ratio has remained unchanged year-over-year

  • What is 3-year change in INDB annual current ratio?

    INDB annual current ratio is down -90.91% over the past 3 years

  • How far is INDB annual current ratio from its all-time high?

    INDB annual current ratio is currently -99.81% below its historical high of 10.55 set on December 31, 1991

  • How does INDB annual current ratio rank versus sector peers?

    INDB annual current ratio is higher than 9.42% of companies in Financial Services sector

  • When is INDB next annual earnings release?

    The next annual earnings release for INDB is on

Current Ratio Formula

Current Ratio =  

Data Sources & References

  1. INDB Official Website www.rocklandtrust.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/776901/000077690125000302/0000776901-25-000302-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/776901/000077690125000093/0000776901-25-000093-index.htm
  4. INDB Profile on Yahoo Finance finance.yahoo.com/quote/INDB
  5. INDB Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/indb