Southern Long Term Debt vs Short Term Debt Analysis

SPIC Stock

77.74 1.51 1.91%

Southern Petrochemicals financial indicator trend analysis is much more than just breaking down Southern Petrochemicals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Southern Petrochemicals is a good investment. Please check the relationship between Southern Petrochemicals Long Term Debt and its Short Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southern Petrochemicals Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Long Term Debt vs Short Term Debt

Long Term Debt vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southern Petrochemicals Long Term Debt account and Short Term Debt. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Southern Petrochemicals' Long Term Debt and Short Term Debt is -0.52. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Southern Petrochemicals Industries, assuming nothing else is changed. The correlation between historical values of Southern Petrochemicals' Long Term Debt and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Southern Petrochemicals Industries are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Long Term Debt i.e., Southern Petrochemicals' Long Term Debt and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.52

Relationship Direction	Negative
Relationship Strength	Very Weak

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Long Term Debt

Long-term debt is a debt that Southern Petrochemicals has held for over one year. Long-term debt appears on Southern Petrochemicals Industries balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Southern Petrochemicals Industries balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Short Term Debt

Most indicators from Southern Petrochemicals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Southern Petrochemicals 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 Southern Petrochemicals Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Tax Provision is likely to gain to about 598.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 94 M in 2024.

	2023	2024 (projected)
Research Development	11.7M	16.2M
Income Before Tax	1.7B	1.8B

Research Development Income Before Tax

Southern Petrochemicals fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Common Stock	Property Plant Equipment	Preferred Stock Total Equity	Intangible Assets	Retained Earnings	Good Will	Short Long Term Debt Total	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding
Total Assets		-0.19	0.72	0.57	0.19	0.26	-0.08	0.57	0.6	0.21	0.23	0.1	0.67	-0.87	0.87	-0.04	-0.4	0.45	0.84	0.83	0.85	0.82	0.9	0.84	0.4	0.41
Other Current Liab	-0.19		0.01	-0.68	-0.19	0.0	-0.19	0.41	-0.14	-0.03	-0.25	-0.21	0.26	0.01	0.03	0.05	0.32	-0.23	-0.08	0.03	-0.01	0.04	-0.08	-0.08	-0.14	-0.67
Total Current Liabilities	0.72	0.01		0.09	0.73	-0.14	-0.12	0.46	0.87	-0.08	0.17	-0.11	0.82	-0.62	0.45	0.36	-0.08	-0.05	0.64	0.62	0.53	0.63	0.59	0.65	0.08	0.41
Total Stockholder Equity	0.57	-0.68	0.09		-0.11	0.47	0.37	-0.23	0.05	0.38	0.25	0.48	-0.16	-0.23	0.36	-0.43	-0.71	0.81	0.23	0.17	0.29	0.15	0.34	0.23	0.52	0.69
Accounts Payable	0.19	-0.19	0.73	-0.11		-0.43	-0.03	0.0	0.74	-0.16	0.06	-0.08	0.47	-0.1	-0.15	0.51	0.15	-0.36	0.18	0.11	0.0	0.13	0.07	0.21	-0.13	0.37
Cash	0.26	0.0	-0.14	0.47	-0.43		0.21	-0.14	-0.32	0.03	-0.34	0.05	-0.26	-0.03	0.21	-0.77	-0.35	0.63	-0.06	-0.03	0.06	-0.07	0.08	-0.07	0.07	0.12
Other Assets	-0.08	-0.19	-0.12	0.37	-0.03	0.21		-0.49	-0.27	0.37	0.26	0.49	-0.39	0.39	-0.33	-0.18	-0.79	0.53	-0.39	-0.38	-0.37	-0.39	-0.32	-0.41	0.19	0.43
Long Term Debt	0.57	0.41	0.46	-0.23	0.0	-0.14	-0.49		0.46	0.04	0.05	-0.24	0.86	-0.85	0.77	0.15	0.14	-0.16	0.83	0.88	0.83	0.89	0.8	0.82	0.12	-0.36
Net Receivables	0.6	-0.14	0.87	0.05	0.74	-0.32	-0.27	0.46		-0.17	-0.04	-0.18	0.79	-0.6	0.34	0.38	0.1	-0.26	0.66	0.63	0.5	0.64	0.56	0.67	0.13	0.32
Short Term Investments	0.21	-0.03	-0.08	0.38	-0.16	0.03	0.37	0.04	-0.17		0.32	0.92	-0.03	-0.02	0.22	-0.04	-0.51	0.61	0.01	0.02	0.14	0.02	0.11	0.01	0.84	0.01
Inventory	0.23	-0.25	0.17	0.25	0.06	-0.34	0.26	0.05	-0.04	0.32		0.27	0.13	-0.19	0.24	0.31	-0.47	0.2	0.21	0.18	0.24	0.19	0.23	0.19	0.08	0.34
Other Current Assets	0.1	-0.21	-0.11	0.48	-0.08	0.05	0.49	-0.24	-0.18	0.92	0.27		-0.22	0.19	-0.02	-0.13	-0.55	0.66	-0.18	-0.19	-0.08	-0.19	-0.09	-0.18	0.82	0.27
Total Liab	0.67	0.26	0.82	-0.16	0.47	-0.26	-0.39	0.86	0.79	-0.03	0.13	-0.22		-0.83	0.65	0.32	0.1	-0.21	0.85	0.87	0.77	0.88	0.78	0.85	0.1	-0.03
Common Stock	-0.87	0.01	-0.62	-0.23	-0.1	-0.03	0.39	-0.85	-0.6	-0.02	-0.19	0.19	-0.83		-0.93	-0.07	0.1	-0.08	-0.99	-0.99	-0.98	-0.99	-0.99	-0.98	-0.19	-0.07
Property Plant Equipment	0.87	0.03	0.45	0.36	-0.15	0.21	-0.33	0.77	0.34	0.22	0.24	-0.02	0.65	-0.93		-0.05	-0.21	0.32	0.89	0.89	0.96	0.89	0.95	0.88	0.33	0.01
Preferred Stock Total Equity	-0.04	0.05	0.36	-0.43	0.51	-0.77	-0.18	0.15	0.38	-0.04	0.31	-0.13	0.32	-0.07	-0.05		0.33	-0.59	0.09	0.06	-0.01	0.09	-0.01	0.1	-0.14	-0.14
Intangible Assets	-0.4	0.32	-0.08	-0.71	0.15	-0.35	-0.79	0.14	0.1	-0.51	-0.47	-0.55	0.1	0.1	-0.21	0.33		-0.8	-0.09	-0.09	-0.15	-0.08	-0.19	-0.06	-0.41	-0.57
Retained Earnings	0.45	-0.23	-0.05	0.81	-0.36	0.63	0.53	-0.16	-0.26	0.61	0.2	0.66	-0.21	-0.08	0.32	-0.59	-0.8		0.03	0.04	0.18	0.02	0.2	0.03	0.63	0.46
Good Will	0.84	-0.08	0.64	0.23	0.18	-0.06	-0.39	0.83	0.66	0.01	0.21	-0.18	0.85	-0.99	0.89	0.09	-0.09	0.03		0.99	0.97	0.99	0.98	1.0	0.19	0.1
Short Long Term Debt Total	0.83	0.03	0.62	0.17	0.11	-0.03	-0.38	0.88	0.63	0.02	0.18	-0.19	0.87	-0.99	0.89	0.06	-0.09	0.04	0.99		0.97	1.0	0.98	0.98	0.21	0.04
Property Plant And Equipment Net	0.85	-0.01	0.53	0.29	0.0	0.06	-0.37	0.83	0.5	0.14	0.24	-0.08	0.77	-0.98	0.96	-0.01	-0.15	0.18	0.97	0.97		0.97	0.99	0.97	0.29	0.03
Net Debt	0.82	0.04	0.63	0.15	0.13	-0.07	-0.39	0.89	0.64	0.02	0.19	-0.19	0.88	-0.99	0.89	0.09	-0.08	0.02	0.99	1.0	0.97		0.97	0.98	0.2	0.03
Non Current Assets Total	0.9	-0.08	0.59	0.34	0.07	0.08	-0.32	0.8	0.56	0.11	0.23	-0.09	0.78	-0.99	0.95	-0.01	-0.19	0.2	0.98	0.98	0.99	0.97		0.98	0.28	0.12
Non Currrent Assets Other	0.84	-0.08	0.65	0.23	0.21	-0.07	-0.41	0.82	0.67	0.01	0.19	-0.18	0.85	-0.98	0.88	0.1	-0.06	0.03	1.0	0.98	0.97	0.98	0.98		0.2	0.1
Cash And Short Term Investments	0.4	-0.14	0.08	0.52	-0.13	0.07	0.19	0.12	0.13	0.84	0.08	0.82	0.1	-0.19	0.33	-0.14	-0.41	0.63	0.19	0.21	0.29	0.2	0.28	0.2		0.18
Common Stock Shares Outstanding	0.41	-0.67	0.41	0.69	0.37	0.12	0.43	-0.36	0.32	0.01	0.34	0.27	-0.03	-0.07	0.01	-0.14	-0.57	0.46	0.1	0.04	0.03	0.03	0.12	0.1	0.18

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Southern Petrochemicals Account Relationship Matchups

Southern Petrochemicals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	20.9B	17.1B	16.9B	22.0B	17.6B	28.4B
Other Current Liab	4.5B	545.1M	1.1B	446.2M	1.2B	1.1B
Total Current Liabilities	16.3B	11.6B	9.3B	10.8B	6.2B	10.4B
Total Stockholder Equity	4.3B	5.2B	6.9B	9.9B	10.8B	11.3B
Accounts Payable	11.8B	9.5B	4.4B	6.0B	608.8M	578.4M
Cash	640.9M	528.7M	50.3M	164.2M	1.7B	1.8B
Other Assets	1.9B	1.7B	1.5B	1.7B	1.5B	1.5B
Net Receivables	11.5B	2.2B	473.6M	7.1B	177.1M	168.2M
Short Term Investments	(849.2M)	2.8B	766.2M	7.3B	312.5M	413.8M
Inventory	1.4B	3.5B	4.5B	2.2B	951.5M	1.7B
Other Current Assets	834.2M	4.3B	1.8B	8.5B	2.6B	1.9B
Total Liab	16.6B	12.0B	10.0B	12.2B	6.9B	6.5B
Property Plant Equipment	3.8B	5.4B	6.8B	6.6B	5.9B	11.4B
Intangible Assets	10.2M	6.6M	3.0M	1.7M	1M	950K
Retained Earnings	(335.3M)	405.5M	1.9B	4.8B	5.5B	5.8B
Short Long Term Debt Total	4.1B	1.0B	3.1B	4.0B	4.7B	4.5B
Property Plant And Equipment Net	3.8B	5.4B	6.8B	6.6B	6.8B	7.9B
Net Debt	3.4B	508.8M	3.0B	3.8B	3.0B	2.8B
Non Current Assets Total	6.7B	8.3B	9.8B	10.8B	11.9B	16.2B
Non Currrent Assets Other	849.2M	671.6M	459.3M	977.3M	293.1M	278.4M
Cash And Short Term Investments	640.9M	528.7M	816.5M	7.4B	2.0B	1.6B
Liabilities And Stockholders Equity	20.9B	17.1B	16.9B	22.0B	17.6B	23.2B
Non Current Liabilities Total	301.3M	321.2M	706.9M	1.4B	652.9M	620.3M
Other Stockholder Equity	3.6B	(1.7B)	2.7B	2.1B	8.7B	7.9B
Total Current Assets	14.3B	8.8B	7.1B	11.2B	5.8B	9.6B
Accumulated Other Comprehensive Income	(1.2B)	611.0M	884.2M	897.2M	8.7B	9.2B
Other Liab	288.9M	301.3M	321.2M	311.9M	280.7M	301.3M
Current Deferred Revenue	(4.1B)	191.0M	402.6M	475.0M	427.5M	448.9M
Short Term Debt	4.1B	1.0B	2.7B	3.0B	4.4B	2.8B
Net Tangible Assets	3.7B	4.3B	5.2B	6.9B	8.0B	4.1B
Short Long Term Debt	4.1B	1.0B	2.6B	3.0B	4.4B	3.1B
Net Invested Capital	8.4B	6.2B	10.0B	13.8B	15.4B	10.6B
Net Working Capital	(2.0B)	(2.8B)	(2.1B)	388.4M	(443M)	(465.2M)

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Southern Long Term Debt vs Short Term Debt Analysis

Long Term Debt vs Short Term Debt

Long Term Debt vs Short Term Debt Correlation Analysis

Correlation Coefficient

Long Term Debt

Short Term Debt

Southern Petrochemicals fundamental ratios Correlations

Southern Petrochemicals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Southern Petrochemicals fundamental ratios Accounts

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Non Currrent Assets Other	+ 1.0	Good Will
Net Debt	+ 1.0	Short Long Term Debt Total
Short Long Term Debt Total	+ 0.99	Good Will
Net Debt	+ 0.99	Good Will
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Non Current Assets Total	+ 0.98	Good Will

Non Current Assets Total	- 0.99	Common Stock
Net Debt	- 0.99	Common Stock
Short Long Term Debt Total	- 0.99	Common Stock
Good Will	- 0.99	Common Stock
Non Currrent Assets Other	- 0.98	Common Stock
Property Plant And Equipment Net	- 0.98	Common Stock