Independent Capital Trust III, 8.625% Cumul Trust Preferred Securities (INDBN) is a Asset Management company in the Financial Services sector, currently trading at $24.96. It has a SharesGrow Score of 87/100, indicating a strong investment profile with 5 out of 7 criteria passed.
Financials: revenue is $393M, +20.2%/yr average growth. Net income is $165M, growing at +29.7%/yr. Net profit margin is 42% (strong). Gross margin is 100% (+0 pp trend).
Balance sheet: total debt is $125M against $1.7B equity (Debt-to-Equity (D/E) ratio 0.07, conservative). Current ratio is 26.32 (strong liquidity). Debt-to-assets is 1.1%. Total assets: $11.4B.
SharesGrow 7-Criteria breakdown: Value 100/100 (Pass), Growth 100/100 (Pass), Past 100/100 (Pass), Health 83/100 (Pass), Moat 54/100 (Partial), Future ?/100 (Fail), Income 100/100 (Pass).