Independent Bank Corporation (IBCP) — Financial Flexibility Index
Independent Bank Corporation (IBCP) has a Financial Flexibility Index of 0.00x as of September 2025. Free cash flow of $19.86 Million (operating CF $18.20 Million minus capex $1.66 Million) represents 0% of total liabilities ($5.00 Billion). Check Independent Bank Corporation strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Independent Bank Corporation Financial Flexibility Index (1989–2024)
Historical Financial Flexibility Index trend for Independent Bank Corporation across 36 annual periods. See Independent Bank Corporation short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Independent Bank Corporation (1989–2024)
Year-by-year free cash flow to debt coverage for Independent Bank Corporation. For the full company profile including market capitalisation, see market value of Independent Bank Corporation.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.01x | $71.10 Million | $63.15 Million | $4.88 Billion | ▼ -13.3% |
| 2023 | 0.02x | $81.61 Million | $75.59 Million | $4.86 Billion | ▼ -22.1% |
| 2022 | 0.02x | $100.31 Million | $94.63 Million | $4.65 Billion | ▼ -98.0% |
| 2021 | 1.06x | $115.99 Million | $110.15 Million | $108.96 Million | ▲ +83.7% |
| 2020 | 0.58x | $63.07 Million | $58.68 Million | $108.82 Million | ▲ +4625.2% |
| 2019 | 0.01x | $39.43 Million | $34.49 Million | $3.21 Billion | ▼ -24.2% |
| 2018 | 0.02x | $48.78 Million | $44.92 Million | $3.01 Billion | ▼ -4.7% |
| 2017 | 0.02x | $42.85 Million | $38.61 Million | $2.52 Billion | ▲ +43.7% |
| 2016 | 0.01x | $27.16 Million | $23.70 Million | $2.30 Billion | ▼ -6.3% |
| 2015 | 0.01x | $27.21 Million | $22.86 Million | $2.16 Billion | ▲ +45.1% |
| 2014 | 0.01x | $17.37 Million | $13.07 Million | $2.00 Billion | ▼ -71.6% |
| 2013 | 0.03x | $60.44 Million | $52.07 Million | $1.98 Billion | ▲ +66.4% |
| 2012 | 0.02x | $34.69 Million | $29.39 Million | $1.89 Billion | ▲ +6.0% |
| 2011 | 0.02x | $38.19 Million | $35.41 Million | $2.20 Billion | ▲ +1754.2% |
| 2010 | 0.00x | $2.26 Million | $-2.50 Million | $2.42 Billion | ▼ -78.4% |
| 2009 | 0.00x | $12.37 Million | $4.38 Million | $2.86 Billion | ▼ -58.6% |
| 2008 | 0.01x | $28.89 Million | $20.76 Million | $2.76 Billion | ▲ +11.7% |
| 2007 | 0.01x | $28.16 Million | $17.81 Million | $3.01 Billion | ▼ -16.5% |
| 2006 | 0.01x | $35.55 Million | $22.23 Million | $3.17 Billion | ▼ -44.0% |
| 2005 | 0.02x | $62.25 Million | $48.35 Million | $3.11 Billion | ▲ +5.6% |
| 2004 | 0.02x | $54.32 Million | $42.60 Million | $2.86 Billion | ▼ -71.7% |
| 2003 | 0.07x | $147.13 Million | $139.86 Million | $2.20 Billion | ▲ +2613.1% |
| 2002 | 0.00x | $-5.11 Million | $-14.59 Million | $1.92 Billion | ▲ +69.4% |
| 2001 | -0.01x | $-15.28 Million | $-20.92 Million | $1.76 Billion | ▼ -144.4% |
| 2000 | 0.02x | $32.46 Million | $30.81 Million | $1.66 Billion | ▼ -40.0% |
| 1999 | 0.03x | $52.70 Million | $46.20 Million | $1.61 Billion | ▲ +1464.6% |
| 1998 | 0.00x | $-3.70 Million | $-12.60 Million | $1.54 Billion | ▼ -115.9% |
| 1997 | 0.02x | $13.90 Million | $7.70 Million | $924.30 Million | ▼ -17.2% |
| 1996 | 0.02x | $15.20 Million | $11.50 Million | $836.80 Million | ▼ -3.3% |
| 1995 | 0.02x | $10.20 Million | $8.60 Million | $543.10 Million | ▼ -21.6% |
| 1994 | 0.02x | $11.40 Million | $10.10 Million | $475.90 Million | ▲ +5.1% |
| 1993 | 0.02x | $9.30 Million | $7.30 Million | $408.10 Million | ▲ +183.3% |
| 1992 | 0.01x | $2.70 Million | $2.00 Million | $335.70 Million | ▼ -59.9% |
| 1991 | 0.02x | $6.90 Million | $6.50 Million | $343.70 Million | ▲ +73.9% |
| 1990 | 0.01x | $3.90 Million | $3.30 Million | $337.80 Million | ▼ -44.0% |
| 1989 | 0.02x | $6.30 Million | $4.60 Million | $305.50 Million | — |