Independent Bank CorporationIBCPNASDAQ
LOADING
|||
Current Ratio Over Time
Trending lower, below historical average, structural decline.
Left:
||||
Current ratio (current assets / current liabilities)
Latest
0.03
↓ 87% below average
Average (9y)
0.24
Historical baseline
Range
High:0.38
Low:0.03
CAGR
-23.0%
Structural decline
| Period | Value | Change |
|---|---|---|
| 2024 | 0.03 | -83.0% |
| 2023 | 0.18 | -15.0% |
| 2022 | 0.22 | -42.9% |
| 2021 | 0.38 | +11.9% |
| 2020 | 0.34 | +68.9% |
| 2019 | 0.20 | +11.1% |
| 2018 | 0.18 | -27.2% |
| 2017 | 0.25 | -23.7% |
| 2016 | 0.32 | -0.7% |
| 2015 | 0.33 | - |