Southern Petrochemicals Total Debt vs. Current Valuation
| SPIC Stock | 74.08 2.23 2.92% |
For Southern Petrochemicals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Southern Petrochemicals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Southern Petrochemicals Industries utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Southern Petrochemicals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Southern Petrochemicals Industries over time as well as its relative position and ranking within its peers.
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Southern Petrochemicals Current Valuation vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Southern Petrochemicals's current stock value. Our valuation model uses many indicators to compare Southern Petrochemicals value to that of its competitors to determine the firm's financial worth. Southern Petrochemicals Industries is currently regarded number one company in total debt category among its peers. It also is currently regarded number one company in current valuation category among its peers reporting about 3.06 of Current Valuation per Total Debt. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Southern Petrochemicals' earnings, one of the primary drivers of an investment's value.Southern Total Debt vs. Competition
Southern Petrochemicals Industries is currently regarded number one company in total debt category among its peers. Total debt of Materials industry is at this time estimated at about 24.39 Billion. Southern Petrochemicals retains roughly 4.71 Billion in total debt claiming about 19% of all equities under Materials industry.
Southern Current Valuation vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Southern Petrochemicals |
| = | 4.71 B |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Southern Petrochemicals |
| = | 14.39 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Southern Current Valuation vs Competition
Southern Petrochemicals Industries is currently regarded number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is at this time estimated at about 139.95 Billion. Southern Petrochemicals retains roughly 14.39 Billion in current valuation claiming about 10% of all equities under Materials industry.
Southern Petrochemicals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Southern Petrochemicals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Southern Petrochemicals will eventually generate negative long term returns. The profitability progress is the general direction of Southern Petrochemicals' change in net profit over the period of time. It can combine multiple indicators of Southern Petrochemicals, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 8.7 B | 9.2 B | |
| Operating Income | 2.1 B | 2.2 B | |
| Net Income Applicable To Common Shares | 2.7 B | 2.8 B | |
| Net Income | 1.1 B | 755.6 M | |
| Income Tax Expense | 569.9 M | 598.4 M | |
| Income Before Tax | 1.7 B | 1.8 B | |
| Total Other Income Expense Net | -412.3 M | -391.7 M | |
| Net Income From Continuing Ops | 1.1 B | 965.6 M | |
| Interest Income | 108.8 M | 100.7 M | |
| Net Interest Income | -379.8 M | -398.8 M | |
| Change To Netincome | -260.6 M | -247.6 M |
Southern Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Southern Petrochemicals. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Southern Petrochemicals position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Southern Petrochemicals' important profitability drivers and their relationship over time.
Use Southern Petrochemicals in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Southern Petrochemicals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Southern Petrochemicals will appreciate offsetting losses from the drop in the long position's value.Southern Petrochemicals Pair Trading
Southern Petrochemicals Industries Pair Trading Analysis
The ability to find closely correlated positions to Southern Petrochemicals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Southern Petrochemicals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Southern Petrochemicals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Southern Petrochemicals Industries to buy it.
The correlation of Southern Petrochemicals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Southern Petrochemicals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Southern Petrochemicals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Southern Petrochemicals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Southern Petrochemicals position
In addition to having Southern Petrochemicals in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Additional Tools for Southern Stock Analysis
When running Southern Petrochemicals' price analysis, check to measure Southern Petrochemicals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Southern Petrochemicals is operating at the current time. Most of Southern Petrochemicals' value examination focuses on studying past and present price action to predict the probability of Southern Petrochemicals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southern Petrochemicals' price. Additionally, you may evaluate how the addition of Southern Petrochemicals to your portfolios can decrease your overall portfolio volatility.