South Property Plant And Equipment Net vs Long Term Debt Total Analysis

SPFI Stock  USD 38.89  0.04  0.10%   
South Plains financial indicator trend analysis is much more than just breaking down South Plains Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether South Plains Financial is a good investment. Please check the relationship between South Plains Property Plant And Equipment Net and its Long Term Debt Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in South Plains Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Property Plant And Equipment Net vs Long Term Debt Total

Property Plant And Equipment Net vs Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of South Plains Financial Property Plant And Equipment Net account and Long Term Debt Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between South Plains' Property Plant And Equipment Net and Long Term Debt Total is -0.33. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of South Plains Financial, assuming nothing else is changed. The correlation between historical values of South Plains' Property Plant And Equipment Net and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of South Plains Financial are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Property Plant And Equipment Net i.e., South Plains' Property Plant And Equipment Net and Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

-0.33
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Long Term Debt Total

Most indicators from South Plains' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into South Plains Financial current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in South Plains Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
As of now, South Plains' Selling General Administrative is increasing as compared to previous years. The South Plains' current Sales General And Administrative To Revenue is estimated to increase to 0.48, while Tax Provision is projected to decrease to under 9.7 M.
 2021 2022 2023 2024 (projected)
Interest Income135.0M161.2M201.0M155.7M
Net Interest Income121.8M138.5M140.9M127.6M

South Plains fundamental ratios Correlations

-0.18-0.66-0.910.98-0.950.98-0.48-0.360.95-0.60.270.30.060.62-0.670.830.70.930.550.910.81-0.130.86-0.810.89
-0.180.280.030.0-0.03-0.010.160.25-0.430.440.020.660.27-0.690.690.34-0.66-0.06-0.020.190.13-0.90.24-0.190.14
-0.660.280.69-0.630.72-0.620.360.02-0.640.190.17-0.280.28-0.370.68-0.5-0.39-0.62-0.15-0.63-0.170.02-0.590.36-0.45
-0.910.030.69-0.920.97-0.90.46-0.01-0.790.650.06-0.390.11-0.440.44-0.8-0.62-0.94-0.47-0.94-0.780.26-0.930.7-0.74
0.980.0-0.63-0.92-0.981.0-0.42-0.330.89-0.520.290.420.10.52-0.560.890.610.950.530.950.84-0.310.93-0.870.93
-0.95-0.030.720.97-0.98-0.970.420.15-0.830.51-0.1-0.450.04-0.460.5-0.87-0.57-0.96-0.47-0.97-0.780.35-0.970.81-0.86
0.98-0.01-0.62-0.91.0-0.97-0.39-0.350.9-0.510.310.420.120.53-0.570.880.620.940.510.940.84-0.290.92-0.860.94
-0.480.160.360.46-0.420.42-0.390.29-0.360.4-0.190.00.01-0.050.45-0.54-0.15-0.38-0.91-0.46-0.330.11-0.360.4-0.36
-0.360.250.02-0.01-0.330.15-0.350.29-0.43-0.04-0.950.18-0.34-0.390.64-0.27-0.27-0.21-0.49-0.1-0.23-0.04-0.110.52-0.55
0.95-0.43-0.64-0.790.89-0.830.9-0.36-0.43-0.650.290.120.060.79-0.790.640.830.840.420.750.720.160.69-0.670.78
-0.60.440.190.65-0.520.51-0.510.4-0.04-0.650.130.110.0-0.550.3-0.31-0.76-0.57-0.45-0.49-0.7-0.33-0.420.26-0.29
0.270.020.170.060.29-0.10.31-0.19-0.950.290.13-0.050.440.23-0.410.310.110.170.470.090.28-0.180.13-0.570.57
0.30.66-0.28-0.390.42-0.450.420.00.180.120.11-0.050.56-0.440.230.67-0.330.220.070.570.4-0.640.49-0.240.39
0.060.270.280.110.10.040.120.01-0.340.060.00.440.56-0.320.130.3-0.26-0.20.210.080.34-0.14-0.06-0.010.18
0.62-0.69-0.37-0.440.52-0.460.53-0.05-0.390.79-0.550.23-0.44-0.32-0.730.110.940.610.090.310.380.490.33-0.440.46
-0.670.690.680.44-0.560.5-0.570.450.64-0.790.3-0.410.230.13-0.73-0.32-0.67-0.54-0.39-0.36-0.21-0.35-0.340.46-0.52
0.830.34-0.5-0.80.89-0.870.88-0.54-0.270.64-0.310.310.670.30.11-0.320.210.770.650.940.79-0.60.88-0.820.88
0.7-0.66-0.39-0.620.61-0.570.62-0.15-0.270.83-0.760.11-0.33-0.260.94-0.670.210.710.210.430.550.430.46-0.450.47
0.93-0.06-0.62-0.940.95-0.960.94-0.38-0.210.84-0.570.170.22-0.20.61-0.540.770.710.460.890.78-0.270.94-0.860.86
0.55-0.02-0.15-0.470.53-0.470.51-0.91-0.490.42-0.450.470.070.210.09-0.390.650.210.460.520.57-0.260.46-0.590.55
0.910.19-0.63-0.940.95-0.970.94-0.46-0.10.75-0.490.090.570.080.31-0.360.940.430.890.520.82-0.440.95-0.790.85
0.810.13-0.17-0.780.84-0.780.84-0.33-0.230.72-0.70.280.40.340.38-0.210.790.550.780.570.82-0.280.78-0.740.79
-0.13-0.90.020.26-0.310.35-0.290.11-0.040.16-0.33-0.18-0.64-0.140.49-0.35-0.60.43-0.27-0.26-0.44-0.28-0.540.52-0.44
0.860.24-0.59-0.930.93-0.970.92-0.36-0.110.69-0.420.130.49-0.060.33-0.340.880.460.940.460.950.78-0.54-0.860.87
-0.81-0.190.360.7-0.870.81-0.860.40.52-0.670.26-0.57-0.24-0.01-0.440.46-0.82-0.45-0.86-0.59-0.79-0.740.52-0.86-0.96
0.890.14-0.45-0.740.93-0.860.94-0.36-0.550.78-0.290.570.390.180.46-0.520.880.470.860.550.850.79-0.440.87-0.96
Click cells to compare fundamentals

South Plains Account Relationship Matchups

South Plains fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.2B3.6B3.9B3.9B4.2B3.8B
Short Long Term Debt Total205.0M223.5M197.9M124.2M110.2M137.0M
Other Current Liab(20M)3.0B1.1B13.0M979.3M1.1B
Total Current Liabilities20M26.6M1.1B14.9M51.3M48.7M
Total Stockholder Equity306.2M370.0M407.4M357.0M407.1M339.5M
Other Liab58.2M29.1M31.2M31.0M27.9M33.1M
Net Tangible Assets278.8M343.0M382.0M333.2M383.1M302.5M
Property Plant And Equipment Net61.9M60.3M57.7M56.3M63.8M48.2M
Net Debt46.9M(76.8M)(364.7M)(112.5M)(210.4M)(199.8M)
Retained Earnings146.7M189.5M242.8M292.3M345.3M228.9M
Accounts Payable2.7B31.2M3.3B58.3M52.4M49.8M
Cash158.1M300.3M486.8M234.9M328.6M322.0M
Non Current Assets Total796.9M890.5M827.3M804.7M96.2M91.4M
Non Currrent Assets Other(796.9M)(2.5M)(3.0M)(27.5M)(638.6M)(670.5M)
Other Assets1.6B1.6B1.8B2.0B3.4B2.2B
Long Term Debt167.9M197.0M122.2M122.4M110.2M120.8M
Cash And Short Term Investments865.7M1.1B1.2B936.6M685.6M923.3M
Net Receivables13.9M15.2M13.9M16.4M20.9M16.9M
Common Stock Total Equity18.0M18.1M17.8M17.0M19.6M18.5M
Common Stock Shares Outstanding17.0M18.3M18.5M18.0M17.3M19.5M
Short Term Investments707.7M803.1M724.5M701.7M622.8M643.0M
Liabilities And Stockholders Equity3.2B3.6B3.9B3.9B4.2B3.8B
Non Current Liabilities Total205.0M223.5M122.2M3.6B3.7B2.0B
Capital Surpluse140.5M141.1M133.2M112.8M129.8M127.2M
Inventory(172.0M)(315.5M)(500.7M)169K(351.0M)(333.5M)
Other Current Assets172.0M315.5M500.7M173.3M351.0M252.6M
Other Stockholder Equity140.5M141.1M133.2M112.8M97.1M105.3M
Total Liab2.9B223.5M122.2M3.6B3.8B2.5B
Net Invested Capital494.0M567.0M529.6M479.4M517.3M508.8M
Long Term Investments707.7M914.6M724.5M701.7M622.8M674.7M
Property Plant And Equipment Gross61.9M60.3M125.0M124.4M127.7M97.6M
Total Current Assets879.7M1.1B1.2B1.1B706.5M967.4M
Accumulated Other Comprehensive Income958K21.3M13.7M(65.1M)(51.7M)(49.1M)
Short Term Debt20M26.6M75.8M1.9M1.8M1.7M
Intangible Assets27.4M7.6M25.6M31.8M29.0M19.1M
Common Stock18.0M18.1M17.8M17.0M16.4M18.4M
Property Plant Equipment61.9M60.3M57.7M56.3M50.7M47.7M

Currently Active Assets on Macroaxis

When determining whether South Plains Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of South Plains' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of South Plains Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on South Plains Financial Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in South Plains Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of South Plains. If investors know South will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about South Plains listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.15)
Dividend Share
0.54
Earnings Share
2.57
Revenue Per Share
11.2
Quarterly Revenue Growth
(0.03)
The market value of South Plains Financial is measured differently than its book value, which is the value of South that is recorded on the company's balance sheet. Investors also form their own opinion of South Plains' value that differs from its market value or its book value, called intrinsic value, which is South Plains' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because South Plains' market value can be influenced by many factors that don't directly affect South Plains' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between South Plains' value and its price as these two are different measures arrived at by different means. Investors typically determine if South Plains is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, South Plains' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.