Independent Bank CorporationIBCPNASDAQ
LOADING
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Debt to Assets Over Time
Valuation returning toward historical norms
Left:
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Debt-to-assets ratio
Latest
0.02
↓ 13% below average
Average (9y)
0.03
Historical baseline
Range
High:0.05
Low:0.02
CAGR
+1.9%
Modest growth trend
| Period | Value | Change |
|---|---|---|
| 2024 | 0.02 | -5.1% |
| 2023 | 0.02 | -45.7% |
| 2022 | 0.05 | +95.3% |
| 2021 | 0.02 | -10.5% |
| 2020 | 0.03 | -28.0% |
| 2019 | 0.04 | +85.1% |
| 2018 | 0.02 | -40.0% |
| 2017 | 0.03 | +83.1% |
| 2016 | 0.02 | -10.5% |
| 2015 | 0.02 | - |