Independent Bank Corp (INDB)
66.06
+0.56
(+0.86%)
USD |
NASDAQ |
Dec 20, 16:00
65.98
-0.08
(-0.12%)
After-Hours: 20:00
Independent Bank Debt to Equity Ratio: 0.2228 for Sept. 30, 2024
Debt to Equity Ratio Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Historical Data
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
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Debt to Equity Ratio Benchmarks
| Enterprise Bancorp Inc | 0.3251 |
| First Merchants Corp | 0.4023 |
| Mercantile Bank Corp | 0.954 |
| Northfield Bancorp Inc | 1.504 |
| Citizens Financial Services Inc | 0.7759 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 19.41B |
| Total Liabilities (Quarterly) | 16.43B |
| Shareholders Equity (Quarterly) | 2.977B |
| Net Debt Paydown Yield | 1.89% |