Southern Non Current Assets Total vs Property Plant Equipment Analysis

SPIC Stock   81.74  0.24  0.29%   
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 Non Current Assets Total and its Property Plant Equipment 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.

Non Current Assets Total vs Property Plant Equipment

Non Current Assets Total vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southern Petrochemicals Non Current Assets Total account and Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Southern Petrochemicals' Non Current Assets Total and Property Plant Equipment is 0.95. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Property Plant Equipment 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' Non Current Assets Total and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Southern Petrochemicals Industries are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Non Current Assets Total i.e., Southern Petrochemicals' Non Current Assets Total and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Property Plant Equipment

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 688.2 M in 2025, whereas Selling General Administrative is likely to drop slightly above 84.6 M in 2025.
 2024 2025 (projected)
Research Development11.7M16.2M
Income Before Tax2.0B2.1B

Southern Petrochemicals fundamental ratios Correlations

-0.220.710.50.240.18-0.10.570.610.20.17-0.080.66-0.840.860.01-0.370.360.840.830.850.820.890.840.380.28
-0.22-0.18-0.61-0.50.01-0.320.49-0.330.02-0.17-0.380.18-0.030.11-0.010.37-0.18-0.040.070.060.07-0.03-0.04-0.11-0.61
0.71-0.18-0.050.74-0.28-0.170.470.88-0.090.250.260.83-0.670.420.350.01-0.190.620.610.510.610.560.640.020.12
0.5-0.61-0.05-0.130.580.41-0.26-0.050.360.020.06-0.26-0.070.35-0.45-0.720.850.180.130.260.10.30.170.520.73
0.24-0.50.74-0.13-0.47-0.05-0.030.75-0.150.250.520.46-0.2-0.140.410.15-0.40.20.120.010.130.090.22-0.140.16
0.180.01-0.280.58-0.470.29-0.17-0.390.04-0.53-0.2-0.350.140.19-0.58-0.410.71-0.08-0.050.04-0.090.06-0.090.130.36
-0.1-0.32-0.170.41-0.050.29-0.5-0.310.370.150.08-0.420.41-0.32-0.16-0.80.54-0.39-0.38-0.37-0.39-0.32-0.410.210.43
0.570.490.47-0.26-0.03-0.17-0.50.470.030.11-0.440.86-0.830.760.140.16-0.190.830.880.830.890.80.820.1-0.35
0.61-0.330.88-0.050.75-0.39-0.310.47-0.160.110.290.81-0.650.340.340.15-0.340.670.640.50.650.560.680.090.1
0.20.02-0.090.36-0.150.040.370.03-0.160.27-0.03-0.04-0.010.22-0.04-0.50.550.010.020.140.020.110.010.830.03
0.17-0.170.250.020.25-0.530.150.110.110.27-0.160.24-0.240.160.33-0.3-0.070.230.20.220.220.20.220.020.07
-0.08-0.380.260.060.52-0.20.08-0.440.29-0.03-0.16-0.10.28-0.40.110.11-0.05-0.29-0.34-0.38-0.33-0.32-0.260.10.3
0.660.180.83-0.260.46-0.35-0.420.860.81-0.040.24-0.1-0.830.620.320.16-0.320.830.850.750.860.760.840.06-0.17
-0.84-0.03-0.67-0.07-0.20.140.41-0.83-0.65-0.01-0.240.28-0.83-0.88-0.330.010.08-0.95-0.94-0.92-0.94-0.93-0.94-0.120.16
0.860.110.420.35-0.140.19-0.320.760.340.220.16-0.40.62-0.88-0.05-0.210.30.880.890.960.880.950.880.330.0
0.01-0.010.35-0.450.41-0.58-0.160.140.34-0.040.330.110.32-0.33-0.050.3-0.550.090.070.010.090.010.09-0.17-0.6
-0.370.370.01-0.720.15-0.41-0.80.160.15-0.5-0.30.110.160.01-0.210.3-0.8-0.07-0.07-0.14-0.06-0.18-0.04-0.43-0.59
0.36-0.18-0.190.85-0.40.710.54-0.19-0.340.55-0.07-0.05-0.320.080.3-0.55-0.8-0.010.00.15-0.030.16-0.020.610.59
0.84-0.040.620.180.2-0.08-0.390.830.670.010.23-0.290.83-0.950.880.09-0.07-0.010.990.970.990.981.00.180.04
0.830.070.610.130.12-0.05-0.380.880.640.020.2-0.340.85-0.940.890.07-0.070.00.990.971.00.980.980.190.0
0.850.060.510.260.010.04-0.370.830.50.140.22-0.380.75-0.920.960.01-0.140.150.970.970.970.990.970.280.01
0.820.070.610.10.13-0.09-0.390.890.650.020.22-0.330.86-0.940.880.09-0.06-0.030.991.00.970.970.980.19-0.02
0.89-0.030.560.30.090.06-0.320.80.560.110.2-0.320.76-0.930.950.01-0.180.160.980.980.990.970.980.270.09
0.84-0.040.640.170.22-0.09-0.410.820.680.010.22-0.260.84-0.940.880.09-0.04-0.021.00.980.970.980.980.190.04
0.38-0.110.020.52-0.140.130.210.10.090.830.020.10.06-0.120.33-0.17-0.430.610.180.190.280.190.270.190.23
0.28-0.610.120.730.160.360.43-0.350.10.030.070.3-0.170.160.0-0.6-0.590.590.040.00.01-0.020.090.040.23
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Southern Petrochemicals Account Relationship Matchups

Southern Petrochemicals fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets17.1B16.9B22.0B17.6B15.9B28.4B
Other Current Liab545.1M1.1B446.2M1.2B1.1B1.0B
Total Current Liabilities11.6B9.3B10.8B6.2B5.6B10.4B
Total Stockholder Equity5.2B6.9B9.9B10.8B12.4B13.0B
Accounts Payable9.5B4.4B6.0B608.8M547.9M520.5M
Cash528.7M50.3M164.2M1.7B1.6B1.6B
Other Assets1.9B1.7B1.5B1.7B1.5B1.5B
Net Receivables2.2B473.6M7.1B177.1M159.4M151.4M
Short Term Investments2.8B766.2M7.3B312.5M359.4M413.8M
Inventory3.5B4.5B2.2B951.5M856.4M813.5M
Other Current Assets4.3B1.8B8.5B2.6B3.0B3.5B
Total Liab12.0B10.0B12.2B6.9B6.2B5.9B
Property Plant Equipment3.8B5.4B6.8B6.6B5.9B11.4B
Intangible Assets6.6M3.0M1.7M1M900K855K
Retained Earnings405.5M1.9B4.8B5.6B6.5B6.8B
Short Long Term Debt Total1.0B3.1B4.0B4.7B4.2B4.0B
Property Plant And Equipment Net5.4B6.8B6.6B6.8B6.2B7.9B
Net Debt508.8M3.0B3.8B3.0B2.7B2.5B
Non Current Assets Total8.3B9.8B10.8B11.9B10.7B16.2B
Non Currrent Assets Other671.6M459.3M977.3M293.1M263.8M250.6M
Cash And Short Term Investments528.7M816.5M7.4B2.0B2.4B1.6B
Liabilities And Stockholders Equity17.1B16.9B22.0B17.6B15.9B23.2B
Non Current Liabilities Total321.2M706.9M1.4B652.9M587.6M558.2M
Other Stockholder Equity3.6B2.6B2.7B8.7B7.8B6.1B
Total Current Assets8.8B7.1B11.2B5.8B6.6B9.6B
Accumulated Other Comprehensive Income611.0M884.2M897.2M8.7B10.0B10.5B
Other Liab288.9M301.3M321.2M311.9M280.7M301.3M
Short Term Debt1.0B2.7B3.0B4.4B5.1B2.9B
Current Deferred Revenue(4.1B)191.0M402.6M475.0M427.5M448.9M
Net Tangible Assets3.7B4.3B5.2B6.9B8.0B4.1B
Short Long Term Debt1.0B2.6B3.0B4.4B5.1B3.1B
Net Invested Capital6.2B10.0B13.8B15.4B17.7B10.6B
Net Working Capital(2.8B)(2.1B)388.4M(443M)(398.7M)(418.6M)

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