Independent Bank (INDB) — Financial Flexibility Index
Independent Bank (INDB) has a Financial Flexibility Index of 0.00x as of June 2026. Free cash flow of $79.83 Million (operating CF $73.40 Million minus capex $6.43 Million) represents 0% of total liabilities ($21.46 Billion). Check INDB cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Independent Bank Financial Flexibility Index (1991–2025)
Historical Financial Flexibility Index trend for Independent Bank across 35 annual periods. For the full cash flow conversion analysis, see INDB cash flow conversion.
Annual Financial Flexibility Index for Independent Bank (1991–2025)
Year-by-year free cash flow to debt coverage for Independent Bank. Explore cash flow to debt ratio of Independent Bank to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.01x | $263.30 Million | $251.16 Million | $21.35 Billion | ▼ -19.3% |
| 2024 | 0.02x | $250.36 Million | $229.92 Million | $16.38 Billion | ▼ -14.1% |
| 2023 | 0.02x | $292.84 Million | $276.99 Million | $16.45 Billion | ▼ -34.1% |
| 2022 | 0.03x | $443.27 Million | $421.20 Million | $16.41 Billion | ▲ +118.3% |
| 2021 | 0.01x | $215.42 Million | $190.22 Million | $17.40 Billion | ▲ +84.3% |
| 2020 | 0.01x | $77.22 Million | $64.64 Million | $11.50 Billion | ▼ -99.1% |
| 2019 | 0.77x | $233.10 Million | $216.52 Million | $303.10 Million | ▲ +3811.2% |
| 2018 | 0.02x | $152.94 Million | $141.84 Million | $7.78 Billion | ▼ -10.0% |
| 2017 | 0.02x | $155.99 Million | $130.91 Million | $7.14 Billion | ▲ +44.2% |
| 2016 | 0.02x | $103.73 Million | $93.34 Million | $6.84 Billion | ▼ -2.5% |
| 2015 | 0.02x | $100.03 Million | $89.54 Million | $6.44 Billion | ▼ -9.2% |
| 2014 | 0.02x | $97.98 Million | $90.31 Million | $5.72 Billion | ▼ -37.4% |
| 2013 | 0.03x | $150.63 Million | $141.34 Million | $5.51 Billion | ▲ +184.7% |
| 2012 | 0.01x | $50.22 Million | $43.95 Million | $5.23 Billion | ▼ -33.3% |
| 2011 | 0.01x | $64.79 Million | $56.47 Million | $4.50 Billion | ▲ +14.2% |
| 2010 | 0.01x | $53.67 Million | $46.65 Million | $4.26 Billion | ▲ +34.9% |
| 2009 | 0.01x | $38.02 Million | $31.42 Million | $4.07 Billion | ▲ +2.4% |
| 2008 | 0.01x | $30.32 Million | $22.10 Million | $3.32 Billion | ▼ -46.5% |
| 2007 | 0.02x | $43.46 Million | $37.63 Million | $2.55 Billion | ▲ +18.1% |
| 2006 | 0.01x | $37.54 Million | $33.35 Million | $2.60 Billion | ▼ -20.6% |
| 2005 | 0.02x | $51.17 Million | $45.78 Million | $2.81 Billion | ▲ +106.2% |
| 2004 | 0.01x | $24.11 Million | $19.32 Million | $2.73 Billion | ▼ -59.5% |
| 2003 | 0.02x | $48.30 Million | $42.69 Million | $2.22 Billion | ▲ +58.3% |
| 2002 | 0.01x | $28.58 Million | $23.53 Million | $2.08 Billion | ▼ -16.5% |
| 2001 | 0.02x | $32.81 Million | $28.67 Million | $1.99 Billion | ▲ +9.4% |
| 2000 | 0.02x | $26.88 Million | $17.56 Million | $1.78 Billion | ▼ -37.7% |
| 1999 | 0.02x | $35.39 Million | $33.15 Million | $1.46 Billion | ▲ +24.4% |
| 1998 | 0.02x | $28.20 Million | $23.20 Million | $1.45 Billion | ▲ +7.9% |
| 1997 | 0.02x | $22.50 Million | $18.30 Million | $1.25 Billion | ▼ -3.0% |
| 1996 | 0.02x | $18.80 Million | $15.10 Million | $1.01 Billion | ▼ -19.4% |
| 1995 | 0.02x | $21.10 Million | $17.60 Million | $915.00 Million | ▼ -4.1% |
| 1994 | 0.02x | $20.80 Million | $18.30 Million | $865.00 Million | ▲ +13.2% |
| 1993 | 0.02x | $16.40 Million | $15.50 Million | $772.30 Million | ▲ +0.8% |
| 1992 | 0.02x | $15.90 Million | $15.30 Million | $754.40 Million | ▲ +49.4% |
| 1991 | 0.01x | $11.50 Million | $11.20 Million | $815.00 Million | — |