Independent Bank Corporation Working Capital to Net Assets Ratio
Independent Bank Corporation working capital to net assets ratio. Independent Bank Corporation (IBCP) has a Working Capital to Net Assets ratio of -838.6% as of June 2026. Working capital of $-4.43 Billion (current assets of $558.04 Million minus current liabilities of $4.99 Billion) is measured against net assets of $528.41 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible equity quality of Independent Bank Corporation to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Independent Bank Corporation (1989–2025)
Working capital to net assets ratio of Independent Bank Corporation from 1989 to 2025. This chart shows how Independent Bank Corporation's Working Capital to Net Assets ratio has evolved across 37 annual periods from 1989 to 2025. As of June 2026, the ratio stands at -838.6%, reflecting working capital of $-4.43 Billion against net assets of $528.41 Million USD. See Independent Bank Corporation (IBCP) defensive interval to measure how many days the company can operate on defensive assets alone.
Independent Bank Corporation Working Capital to Net Assets Ratio by Year (1989–2025)
Independent Bank Corporation working capital to net assets ratio by year from 1989 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Independent Bank Corporation from 1989 to 2025, covering 37 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see IBCP total assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -914.6% | $-4.60 Billion | $502.95 Million | $161.60 Million | $4.76 Billion | ▲ +77.0 pp |
| 2024 | -991.6% | $-4.51 Billion | $454.69 Million | $145.27 Million | $4.65 Billion | ▼ -58.6 pp |
| 2023 | -933.1% | $-3.77 Billion | $404.45 Million | $849.13 Million | $4.62 Billion | ▲ +92.7 pp |
| 2022 | -1025.8% | $-3.57 Billion | $347.60 Million | $982.62 Million | $4.55 Billion | ▼ -1025.7 pp |
| 2021 | -0.1% | $-4.37 Million | $4.60 Billion | $1.59 Billion | $1.59 Billion | ▼ -2.5 pp |
| 2020 | 2.4% | $97.58 Million | $4.10 Billion | $1.25 Billion | $1.16 Billion | ▼ -168.4 pp |
| 2019 | 170.8% | $598.16 Million | $350.17 Million | $626.80 Million | $28.64 Million | ▼ -661.1 pp |
| 2018 | 831.9% | $2.82 Billion | $338.99 Million | $2.83 Billion | $10.00 Million | ▲ +5.4 pp |
| 2017 | 826.5% | $2.19 Billion | $264.93 Million | $2.21 Billion | $19.91 Million | ▲ +360.0 pp |
| 2016 | 466.5% | $1.16 Billion | $248.98 Million | $1.88 Billion | $720.71 Million | ▼ -227.4 pp |
| 2015 | 693.9% | $1.74 Billion | $251.09 Million | $1.77 Billion | $23.37 Million | ▲ +42.2 pp |
| 2014 | 651.7% | $1.63 Billion | $250.37 Million | $1.65 Billion | $22.98 Million | ▲ +1218.8 pp |
| 2013 | -567.1% | $-1.31 Billion | $231.58 Million | $607.28 Million | $1.92 Billion | ▲ +468.1 pp |
| 2012 | -1035.2% | $-1.40 Billion | $134.97 Million | $416.09 Million | $1.81 Billion | ▲ +517.1 pp |
| 2011 | -1552.3% | $-1.59 Billion | $102.63 Million | $540.46 Million | $2.13 Billion | ▼ -19.1 pp |
| 2010 | -1533.2% | $-1.83 Billion | $119.08 Million | $469.09 Million | $2.29 Billion | ▲ +554.8 pp |
| 2009 | -2088.0% | $-2.29 Billion | $109.86 Million | $316.20 Million | $2.61 Billion | ▼ -1026.4 pp |
| 2008 | -1061.6% | $-2.07 Billion | $194.88 Million | $57.70 Million | $2.13 Billion | ▼ -139.8 pp |
| 2007 | -921.8% | $-2.48 Billion | $269.07 Million | $79.29 Million | $2.56 Billion | ▲ +103.3 pp |
| 2006 | -1025.1% | $-2.65 Billion | $258.17 Million | $73.14 Million | $2.72 Billion | ▲ +58.1 pp |
| 2005 | -1083.2% | $-2.69 Billion | $248.26 Million | $67.59 Million | $2.76 Billion | ▼ -97.6 pp |
| 2004 | -985.6% | $-2.27 Billion | $230.29 Million | $72.81 Million | $2.34 Billion | ▲ +85.8 pp |
| 2003 | -1071.4% | $-1.72 Billion | $160.65 Million | $61.74 Million | $1.78 Billion | ▲ +14.2 pp |
| 2002 | -1085.7% | $-1.50 Billion | $138.05 Million | $60.73 Million | $1.56 Billion | ▼ -45.5 pp |
| 2001 | -1040.1% | $-1.37 Billion | $131.90 Million | $50.52 Million | $1.42 Billion | ▲ +19.1 pp |
| 2000 | -1059.2% | $-1.36 Billion | $128.34 Million | $58.15 Million | $1.42 Billion | ▲ +79.3 pp |
| 1999 | -1138.4% | $-1.29 Billion | $113.70 Million | $58.60 Million | $1.35 Billion | ▼ -92.0 pp |
| 1998 | -1046.4% | $-1.22 Billion | $117.00 Million | $53.90 Million | $1.28 Billion | ▲ +126.7 pp |
| 1997 | -1173.1% | $-698.00 Million | $59.50 Million | $30.40 Million | $728.40 Million | ▲ +30.8 pp |
| 1996 | -1203.9% | $-623.60 Million | $51.80 Million | $50.60 Million | $674.20 Million | ▼ -336.2 pp |
| 1995 | -867.7% | $-407.80 Million | $47.00 Million | $17.20 Million | $425.00 Million | ▲ +123.4 pp |
| 1994 | -991.1% | $-399.40 Million | $40.30 Million | $23.90 Million | $423.30 Million | ▲ +2.9 pp |
| 1993 | -993.9% | $-359.80 Million | $36.20 Million | $34.20 Million | $394.00 Million | ▼ -22.2 pp |
| 1992 | -971.7% | $-309.00 Million | $31.80 Million | $23.70 Million | $332.70 Million | ▲ +119.7 pp |
| 1991 | -1091.4% | $-305.60 Million | $28.00 Million | $26.60 Million | $332.20 Million | ▲ +126.8 pp |
| 1990 | -1218.2% | $-300.90 Million | $24.70 Million | $30.50 Million | $331.40 Million | ▲ +35.7 pp |
| 1989 | -1253.9% | $-285.90 Million | $22.80 Million | $15.80 Million | $301.70 Million | — |