Independent Bank CorporationIBCPNASDAQ
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Debt to Equity Over Time
Trending lower, modest growth trend.
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Debt-to-equity ratio
Latest
0.27
↓ 11% below average
Average (9y)
0.31
Historical baseline
Range
High:0.65
Low:0.18
CAGR
+4.2%
Modest growth trend
| Period | Value | Change |
|---|---|---|
| 2024 | 0.27 | -14.4% |
| 2023 | 0.32 | -50.9% |
| 2022 | 0.65 | +137.9% |
| 2021 | 0.27 | -2.1% |
| 2020 | 0.28 | -23.6% |
| 2019 | 0.37 | +90.5% |
| 2018 | 0.19 | -43.6% |
| 2017 | 0.34 | +88.3% |
| 2016 | 0.18 | -4.5% |
| 2015 | 0.19 | - |