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Independent Bank Corp. (INDB) Interest Coverage Ratio

Annual Interest Coverage Ratio:

1.85-0.82(-30.71%)
December 31, 2024

Summary

  • As of today, INDB annual interest coverage ratio is 1.85, with the most recent change of -0.82 (-30.71%) on December 31, 2024.
  • During the last 3 years, INDB annual interest coverage ratio has fallen by -10.57 (-85.10%).
  • INDB annual interest coverage ratio is now -85.49% below its all-time high of 12.75, reached on December 31, 2022.

Performance

INDB Interest Coverage Ratio Chart

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Highlights

Range

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Quarterly Interest Coverage Ratio:

1.93+0.07(+3.76%)
June 30, 2025

Summary

  • As of today, INDB quarterly interest coverage ratio is 1.93, with the most recent change of +0.07 (+3.76%) on June 30, 2025.
  • Over the past year, INDB quarterly interest coverage ratio has increased by +0.03 (+1.58%).
  • INDB quarterly interest coverage ratio is now -92.63% below its all-time high of 26.20, reached on June 30, 2022.

Performance

INDB Quarterly Interest Coverage Ratio Chart

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Interest Coverage Ratio Formula

Interest Coverage Ratio =  
EBIT
Interest Expense

INDB Interest Coverage Ratio Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterly
1Y1 Year-30.7%+1.6%
3Y3 Years-85.1%-92.6%
5Y5 Years-63.4%-58.9%

INDB Interest Coverage Ratio Highs & Lows

PeriodPeriodAnnual vs HighAnnual vs HighAnnual vs LowAnnual vs LowQuarter. vs HighQuarter. vs HighQuarter. vs LowQuarter. vs Low
3Y3-Year-85.5%at low-86.1%+10.9%
5Y5-Year-85.5%at low-92.6%+188.1%
All-TimeAll-Time-85.5%+242.6%-92.6%+188.1%

INDB Interest Coverage Ratio History

DateAnnualQuarterly
Jun 2025
-
1.93(+3.8%)
Mar 2025
-
1.86(-1.1%)
Dec 2024
1.85(-30.7%)
1.88(+8.0%)
Sep 2024
-
1.74(-8.4%)
Jun 2024
-
1.90(+0.5%)
Mar 2024
-
1.89(-11.7%)
Dec 2023
2.67(-79.1%)
2.14(-14.7%)
Sep 2023
-
2.51(-10.0%)
Jun 2023
-
2.79(-28.6%)
Mar 2023
-
3.91(-46.9%)
Dec 2022
12.75(+2.7%)
7.36(-47.1%)
Sep 2022
-
13.90(-46.9%)
Jun 2022
-
26.20(+13.8%)
Mar 2022
-
23.03(+3337.3%)
Dec 2021
12.42(+127.9%)
0.67(-96.6%)
Sep 2021
-
19.51(+22.4%)
Jun 2021
-
15.94(+11.9%)
Mar 2021
-
14.24(+51.0%)
Dec 2020
5.45(+7.9%)
9.43(+24.9%)
Sep 2020
-
7.55(+61.0%)
Jun 2020
-
4.69(+46.1%)
Mar 2020
-
3.21(-41.7%)
Dec 2019
5.05(-29.0%)
5.51(-1.3%)
Sep 2019
-
5.58(+58.5%)
Jun 2019
-
3.52(-43.0%)
Mar 2019
-
6.18(+2.8%)
Dec 2018
7.11(-14.7%)
6.01(-19.5%)
Sep 2018
-
7.47(-3.4%)
Jun 2018
-
7.73(+2.9%)
Mar 2018
-
7.51(-9.8%)
Dec 2017
8.34(+19.8%)
8.33(-4.9%)
Sep 2017
-
8.76(+7.5%)
Jun 2017
-
8.15(+1.0%)
Mar 2017
-
8.07(+27.7%)
Dec 2016
6.96(+27.2%)
6.32(-16.1%)
Sep 2016
-
7.53(+0.9%)
Jun 2016
-
7.46(+13.4%)
Mar 2016
-
6.58(+0.3%)
Dec 2015
5.47(+7.3%)
6.56(+7.4%)
Sep 2015
-
6.11(+7.6%)
Jun 2015
-
5.68(+59.1%)
Mar 2015
-
3.57(-34.3%)
Dec 2014
5.10(+32.1%)
5.43(-3.2%)
Sep 2014
-
5.61(+13.3%)
Jun 2014
-
4.95(+10.2%)
Mar 2014
-
4.49(+33.6%)
Dec 2013
3.86(+11.9%)
3.36(-24.0%)
Sep 2013
-
4.42(+13.3%)
Jun 2013
-
3.90(+4.0%)
Mar 2013
-
3.75(+16.8%)
Dec 2012
3.45(+8.5%)
3.21(-12.5%)
Sep 2012
-
3.67(+18.8%)
Jun 2012
-
3.09(-19.3%)
Mar 2012
-
3.83(+14.0%)
Dec 2011
3.18(+35.3%)
3.36(+2.4%)
Sep 2011
-
3.28(+7.2%)
Jun 2011
-
3.06(0.0%)
Mar 2011
-
3.06(+9.7%)
Dec 2010
2.35(+49.7%)
2.79(+8.1%)
Sep 2010
-
2.58(+28.4%)
Jun 2010
-
2.01(-5.6%)
Mar 2010
-
2.13(+8.7%)
Dec 2009
1.57
1.96(+16.7%)
Sep 2009
-
1.68(+54.1%)
DateAnnualQuarterly
Jun 2009
-
1.09(-32.3%)
Mar 2009
-
1.61(+42.5%)
Dec 2008
1.52(-3.8%)
1.13(-39.2%)
Sep 2008
-
1.86(+20.8%)
Jun 2008
-
1.54(-1.3%)
Mar 2008
-
1.56(-3.1%)
Dec 2007
1.58(-8.7%)
1.61(-3.6%)
Sep 2007
-
1.67(+13.6%)
Jun 2007
-
1.47(-7.0%)
Mar 2007
-
1.58(-3.7%)
Dec 2006
1.73(-12.2%)
1.64(-5.2%)
Sep 2006
-
1.73(-2.8%)
Jun 2006
-
1.78(-1.1%)
Mar 2006
-
1.80(-4.8%)
Dec 2005
1.97(-12.1%)
1.89(-5.5%)
Sep 2005
-
2.00(+2.6%)
Jun 2005
-
1.95(-5.3%)
Mar 2005
-
2.06(-9.3%)
Dec 2004
2.24(-7.4%)
2.27(+3.2%)
Sep 2004
-
2.20(+6.3%)
Jun 2004
-
2.07(-15.2%)
Mar 2004
-
2.44(-3.9%)
Dec 2003
2.42(+18.6%)
2.54(-0.8%)
Sep 2003
-
2.56(+7.6%)
Jun 2003
-
2.38(+5.8%)
Mar 2003
-
2.25(-1.3%)
Dec 2002
2.04(+20.0%)
2.28(+6.0%)
Sep 2002
-
2.15(+32.7%)
Jun 2002
-
1.62(-20.2%)
Mar 2002
-
2.03(+4.6%)
Dec 2001
1.70(+14.1%)
1.94(+13.5%)
Sep 2001
-
1.71(+6.2%)
Jun 2001
-
1.61(+0.6%)
Mar 2001
-
1.60(+10.3%)
Dec 2000
1.49(-3.2%)
1.45(-2.0%)
Sep 2000
-
1.48(+9.6%)
Jun 2000
-
1.35(-14.0%)
Mar 2000
-
1.57(-10.3%)
Dec 1999
1.54(0.0%)
1.75(+15.1%)
Sep 1999
-
1.52(0.0%)
Jun 1999
-
1.52(+2.0%)
Mar 1999
-
1.49(-11.8%)
Dec 1998
1.54(-1.3%)
1.69(+15.8%)
Sep 1998
-
1.46(-3.3%)
Jun 1998
-
1.51(+2.0%)
Mar 1998
-
1.48
Dec 1997
1.56(+0.6%)
-
Dec 1996
1.55(+2.0%)
-
Dec 1995
1.52(+11.8%)
-
Dec 1994
1.36(+14.3%)
-
Dec 1993
1.19(+17.8%)
-
Dec 1992
1.01(+48.5%)
-
Dec 1991
0.68(+25.9%)
-
Dec 1990
0.54(-52.6%)
-
Dec 1989
1.14(-11.6%)
-
Dec 1988
1.29(-3.0%)
-
Dec 1987
1.33(-0.7%)
-
Dec 1986
1.34(0.0%)
-
Dec 1985
1.34(+9.8%)
-
Dec 1984
1.22(+1.7%)
-
Dec 1983
1.20(+1.7%)
-
Dec 1982
1.18(+1.7%)
-
Dec 1981
1.16(-7.2%)
-
Dec 1980
1.25
-

FAQ

  • What is Independent Bank Corp. annual interest coverage ratio?
  • What is the all-time high annual interest coverage ratio for Independent Bank Corp.?
  • What is Independent Bank Corp. annual interest coverage ratio year-on-year change?
  • What is Independent Bank Corp. quarterly interest coverage ratio?
  • What is the all-time high quarterly interest coverage ratio for Independent Bank Corp.?
  • What is Independent Bank Corp. quarterly interest coverage ratio year-on-year change?

What is Independent Bank Corp. annual interest coverage ratio?

The current annual interest coverage ratio of INDB is 1.85

What is the all-time high annual interest coverage ratio for Independent Bank Corp.?

Independent Bank Corp. all-time high annual interest coverage ratio is 12.75

What is Independent Bank Corp. annual interest coverage ratio year-on-year change?

Over the past year, INDB annual interest coverage ratio has changed by -0.82 (-30.71%)

What is Independent Bank Corp. quarterly interest coverage ratio?

The current quarterly interest coverage ratio of INDB is 1.93

What is the all-time high quarterly interest coverage ratio for Independent Bank Corp.?

Independent Bank Corp. all-time high quarterly interest coverage ratio is 26.20

What is Independent Bank Corp. quarterly interest coverage ratio year-on-year change?

Over the past year, INDB quarterly interest coverage ratio has changed by +0.03 (+1.58%)
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