Independent Bank Corp-Rockland MA (INDB) is a financial institution that operates in Rockland, Massachusetts. As a publicly traded company, it is required to disclose its financial information to the public. This includes its income statement, which shows the company's revenues, expenses, and net income. The income statement helps investors and analysts understand the profitability of the company and its ability to generate earnings. INDB's EBIT (earnings before interest and taxes) is a measure of its operating performance. It shows how much profit the company has generated from its operations before taking into account interest and taxes. EBITDA (earnings before interest, taxes, depreciation, and amortization) is another commonly used measure of a company's profitability. It provides a clearer picture of the company's operating performance by excluding non-cash expenses such as depreciation and amortization.
Gross profit is another important financial metric for INDB. It represents the company's total sales revenue minus the cost of goods sold. This figure reflects the company's ability to generate profit from its core operations. Net income from stockholders is the final profit figure that remains after all expenses and taxes have been deducted. It is the amount that is distributed to the company's stockholders as dividends. Total revenue is the sum of all the company's sources of income, including interest income, fees, and other revenue. It gives an overall view of the company's financial performance.
Turning our attention to the balance sheet, cash equivalents are an important aspect of a company's liquidity. They are highly liquid assets that can be easily converted into cash. INDB's net debt is the difference between its total debt and its cash and cash equivalents. It shows the company's overall financial leverage. Stockholders' equity is the residual interest in the company's assets after deducting liabilities. It represents the owners' claims against the company's assets. Total assets, on the other hand, represent the company's total resources, both tangible and intangible.
Total debt is the sum of a company's short-term and long-term debt. It is an indication of a company's borrowing capacity and financial risk. Total liabilities include all the company's debts and obligations to third parties. Cash flow is a crucial element in assessing a company's financial health. It shows the amount of cash a company generates from its operations, investments, and financing activities. Financing cash flow refers to the cash flows generated from the company's financing activities, such as issuing or repurchasing stock, paying dividends, or borrowing money. Free cash flow is an important indicator of a company's financial strength. It is the cash flow that remains after deducting capital expenditures from operating cash flow.
Investing cash flow shows the cash flows generated from the company's investment activities, such as buying or selling assets. Operating cash flow represents the cash flows generated from the company's core operations, excluding any financing or investment activities. These financial metrics and figures give investors and analysts valuable insights into INDB's financial performance and its ability to generate sustainable profits.