South Debt Ratio from 2010 to 2024

SPFI Stock  USD 38.28  0.33  0.87%   
South Plains' Debt Ratio is decreasing with slightly volatile movements from year to year. Debt Ratio is estimated to finish at 0.05 this year. For the period between 2010 and 2024, South Plains, Debt Ratio quarterly trend regression had mean deviation of  0.01 and range of 0.0369. View All Fundamentals
 
Debt Ratio  
First Reported
2010-12-31
Previous Quarter
0.02620058
Current Value
0.0515
Quarterly Volatility
0.01363804
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check South Plains financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among South Plains' main balance sheet or income statement drivers, such as Tax Provision of 9.7 M, Net Interest Income of 127.6 M or Interest Income of 155.7 M, as well as many indicators such as Price To Sales Ratio of 1.72, Dividend Yield of 0.0279 or PTB Ratio of 1.54. South financial statements analysis is a perfect complement when working with South Plains Valuation or Volatility modules.
  
Check out the analysis of South Plains Correlation against competitors.

Latest South Plains' Debt Ratio Growth Pattern

Below is the plot of the Debt Ratio of South Plains Financial over the last few years. It is South Plains' Debt Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in South Plains' overall financial position and show how it may be relating to other accounts over time.
Debt Ratio10 Years Trend
Slightly volatile
   Debt Ratio   
       Timeline  

South Debt Ratio Regression Statistics

Arithmetic Mean0.05
Geometric Mean0.05
Coefficient Of Variation24.94
Mean Deviation0.01
Median0.06
Standard Deviation0.01
Sample Variance0.0002
Range0.0369
R-Value(0.72)
Mean Square Error0.000096
R-Squared0.52
Significance0
Slope(0)
Total Sum of Squares0

South Debt Ratio History

2024 0.0515
2023 0.0262
2022 0.031
2021 0.0313
2020 0.0621
2019 0.0519
2018 0.0619

Other Fundumenentals of South Plains Financial

South Plains Debt Ratio component correlations

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0.981.0-0.330.89-0.52-0.560.610.950.840.93-0.190.980.940.890.88-0.690.960.89
0.981.0-0.350.9-0.51-0.570.620.940.840.92-0.190.970.930.890.85-0.670.970.86
-0.36-0.33-0.35-0.43-0.040.64-0.27-0.1-0.23-0.110.35-0.19-0.08-0.25-0.110.43-0.16-0.11
0.950.890.9-0.43-0.65-0.790.830.750.720.690.150.790.710.680.61-0.810.870.64
-0.6-0.52-0.51-0.04-0.650.3-0.76-0.49-0.7-0.42-0.25-0.53-0.52-0.38-0.420.67-0.5-0.45
-0.67-0.56-0.570.64-0.790.3-0.67-0.36-0.21-0.34-0.33-0.4-0.28-0.37-0.330.78-0.5-0.36
0.70.610.62-0.270.83-0.76-0.670.430.550.460.420.520.410.250.34-0.780.640.36
0.910.950.94-0.10.75-0.49-0.360.430.820.95-0.230.980.990.940.93-0.580.930.94
0.810.840.84-0.230.72-0.7-0.210.550.820.78-0.380.870.870.780.73-0.550.780.73
0.860.930.92-0.110.69-0.42-0.340.460.950.78-0.260.980.960.850.95-0.540.920.95
-0.05-0.19-0.190.350.15-0.25-0.330.42-0.23-0.38-0.26-0.26-0.31-0.4-0.31-0.21-0.04-0.28
0.930.980.97-0.190.79-0.53-0.40.520.980.870.98-0.260.980.910.94-0.630.940.95
0.880.940.93-0.080.71-0.52-0.280.410.990.870.96-0.310.980.940.94-0.530.910.95
0.850.890.89-0.250.68-0.38-0.370.250.940.780.85-0.40.910.940.9-0.490.810.91
0.820.880.85-0.110.61-0.42-0.330.340.930.730.95-0.310.940.940.9-0.570.811.0
-0.79-0.69-0.670.43-0.810.670.78-0.78-0.58-0.55-0.54-0.21-0.63-0.53-0.49-0.57-0.6-0.61
0.940.960.97-0.160.87-0.5-0.50.640.930.780.92-0.040.940.910.810.81-0.60.82
0.840.890.86-0.110.64-0.45-0.360.360.940.730.95-0.280.950.950.911.0-0.610.82
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About South Plains Financial Statements

Investors use fundamental indicators, such as South Plains' Debt Ratio, to determine how well the company is positioned to perform in the future. Although South Plains' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Debt Ratio 0.03  0.05 
Cash Flow To Debt Ratio 0.53  0.34 

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 the analysis of South Plains Correlation against competitors.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model 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.