SouthState Interest Coverage from 2010 to 2024

SSB Stock  USD 104.82  0.27  0.26%   
SouthState's Interest Coverage is increasing over the years with stable fluctuation. Overall, Interest Coverage is expected to go to 10.70 this year. From 2010 to 2024 SouthState Interest Coverage quarterly data regression line had arithmetic mean of  8.65 and r-squared of  0.06. View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
10.19
Current Value
10.7
Quarterly Volatility
5.71342674
 
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Check SouthState financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SouthState's main balance sheet or income statement drivers, such as Depreciation And Amortization of 61.8 M, Interest Expense of 516.4 M or Selling General Administrative of 17.6 M, as well as many indicators such as Price To Sales Ratio of 4.29, Dividend Yield of 0.0227 or PTB Ratio of 1.75. SouthState financial statements analysis is a perfect complement when working with SouthState Valuation or Volatility modules.
  
Check out the analysis of SouthState Correlation against competitors.
For information on how to trade SouthState Stock refer to our How to Trade SouthState Stock guide.

Latest SouthState's Interest Coverage Growth Pattern

Below is the plot of the Interest Coverage of SouthState over the last few years. It is SouthState's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SouthState's overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Pretty Stable
   Interest Coverage   
       Timeline  

SouthState Interest Coverage Regression Statistics

Arithmetic Mean8.65
Geometric Mean6.54
Coefficient Of Variation66.08
Mean Deviation4.50
Median8.94
Standard Deviation5.71
Sample Variance32.64
Range19.961
R-Value0.24
Mean Square Error33.16
R-Squared0.06
Significance0.39
Slope0.30
Total Sum of Squares457.01

SouthState Interest Coverage History

2024 10.7
2023 10.19
2022 11.32
2021 11.7
2020 1.24
2019 2.66
2018 5.15

About SouthState Financial Statements

SouthState stakeholders use historical fundamental indicators, such as SouthState's Interest Coverage, to determine how well the company is positioned to perform in the future. Although SouthState investors may analyze each financial statement separately, they are all interrelated. For example, changes in SouthState's assets and liabilities are reflected in the revenues and expenses on SouthState's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in SouthState. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Coverage 10.19  10.70 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether SouthState offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SouthState's 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 Southstate Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Southstate Stock:
Check out the analysis of SouthState Correlation against competitors.
For information on how to trade SouthState Stock refer to our How to Trade SouthState Stock guide.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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 SouthState. If investors know SouthState 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 SouthState 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
0.148
Dividend Share
2.1
Earnings Share
6.48
Revenue Per Share
21.874
Quarterly Revenue Growth
0.096
The market value of SouthState is measured differently than its book value, which is the value of SouthState that is recorded on the company's balance sheet. Investors also form their own opinion of SouthState's value that differs from its market value or its book value, called intrinsic value, which is SouthState's 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 SouthState's market value can be influenced by many factors that don't directly affect SouthState's 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 SouthState's value and its price as these two are different measures arrived at by different means. Investors typically determine if SouthState is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SouthState's 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.