South Historical Balance Sheet

SPFI Stock  USD 38.89  0.04  0.10%   
Trend analysis of South Plains Financial balance sheet accounts such as Total Stockholder Equity of 339.5 M, Other Liab of 33.1 M, Net Tangible Assets of 302.5 M or Property Plant And Equipment Net of 48.2 M provides information on South Plains' total assets, liabilities, and equity, which is the actual value of South Plains Financial to its prevalent stockholders. By breaking down trends over time using South Plains balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining South Plains Financial latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether South Plains Financial is a good buy for the upcoming year.

South Plains Inventory

(333.49 Million)

  
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.

About South Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of South Plains Financial at a specified time, usually calculated after every quarter, six months, or one year. South Plains Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of South Plains and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which South currently owns. An asset can also be divided into two categories, current and non-current.

South Plains Balance Sheet Chart

As of now, South Plains' Long Term Debt is decreasing as compared to previous years. The South Plains' current Cash And Short Term Investments is estimated to increase to about 923.3 M, while Total Assets are projected to decrease to under 3.8 B.

Total Assets

Total assets refers to the total amount of South Plains assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in South Plains Financial books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on South Plains balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of South Plains Financial are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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.
Most accounts from South Plains' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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' Long Term Debt is decreasing as compared to previous years. The South Plains' current Cash And Short Term Investments is estimated to increase to about 923.3 M, while Total Assets are projected to decrease to under 3.8 B.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total197.9M124.2M110.2M137.0M
Total Assets3.9B3.9B4.2B3.8B

South Plains balance sheet Correlations

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-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
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-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
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-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
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-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
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-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
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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
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-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
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-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
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South Plains Account Relationship Matchups

South Plains balance sheet 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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.