Independent Bank Corp.INDBNASDAQ
LOADING
|||
Current Ratio Over Time
Trending lower, below historical average, structural decline.
Left:
||||
Current ratio (current assets / current liabilities)
Latest
0.02
↓ 78% below average
Average (9y)
0.11
Historical baseline
Range
High:0.23
Low:0.02
CAGR
-15.1%
Structural decline
| Period | Value | Change |
|---|---|---|
| 2024 | 0.02 | -77.1% |
| 2023 | 0.10 | -5.0% |
| 2022 | 0.11 | -51.0% |
| 2021 | 0.23 | +44.9% |
| 2020 | 0.16 | +146.4% |
| 2019 | 0.06 | -31.0% |
| 2018 | 0.09 | -3.8% |
| 2017 | 0.10 | -4.0% |
| 2016 | 0.10 | -5.6% |
| 2015 | 0.10 | - |