South Total Revenue vs Total Current Liabilities Analysis
SPFI Stock | USD 38.85 0.17 0.44% |
South Plains financial indicator trend analysis is much more than just breaking down South Plains Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether South Plains Financial is a good investment. Please check the relationship between South Plains Total Revenue and its Total Current Liabilities accounts. 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.
Total Revenue vs Total Current Liabilities
Total Revenue vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of South Plains Financial Total Revenue account and Total Current Liabilities. At this time, the significance of the direction appears to have pay attention.
The correlation between South Plains' Total Revenue and Total Current Liabilities is -0.88. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of South Plains Financial, assuming nothing else is changed. The correlation between historical values of South Plains' Total Revenue and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of South Plains Financial are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Revenue i.e., South Plains' Total Revenue and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.88 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Total Revenue
Total revenue comprises all receipts South Plains Financial generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.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.Most indicators from South Plains' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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' Selling General Administrative is increasing as compared to previous years. The South Plains' current Sales General And Administrative To Revenue is estimated to increase to 0.48, while Tax Provision is projected to decrease to under 9.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 135.0M | 161.2M | 201.0M | 155.7M | Net Interest Income | 121.8M | 138.5M | 140.9M | 127.6M |
South Plains fundamental ratios Correlations
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South Plains Account Relationship Matchups
High Positive Relationship
High Negative Relationship
South Plains fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.2B | 3.6B | 3.9B | 3.9B | 4.2B | 3.8B | |
Short Long Term Debt Total | 205.0M | 223.5M | 197.9M | 124.2M | 110.2M | 137.0M | |
Other Current Liab | (20M) | 3.0B | 1.1B | 13.0M | 979.3M | 1.1B | |
Total Current Liabilities | 20M | 26.6M | 1.1B | 14.9M | 51.3M | 48.7M | |
Total Stockholder Equity | 306.2M | 370.0M | 407.4M | 357.0M | 407.1M | 339.5M | |
Other Liab | 58.2M | 29.1M | 31.2M | 31.0M | 27.9M | 33.1M | |
Net Tangible Assets | 278.8M | 343.0M | 382.0M | 333.2M | 383.1M | 302.5M | |
Property Plant And Equipment Net | 61.9M | 60.3M | 57.7M | 56.3M | 63.8M | 48.2M | |
Net Debt | 46.9M | (76.8M) | (364.7M) | (112.5M) | (210.4M) | (199.8M) | |
Retained Earnings | 146.7M | 189.5M | 242.8M | 292.3M | 345.3M | 228.9M | |
Accounts Payable | 2.7B | 31.2M | 3.3B | 58.3M | 52.4M | 49.8M | |
Cash | 158.1M | 300.3M | 486.8M | 234.9M | 328.6M | 322.0M | |
Non Current Assets Total | 796.9M | 890.5M | 827.3M | 804.7M | 96.2M | 91.4M | |
Non Currrent Assets Other | (796.9M) | (2.5M) | (3.0M) | (27.5M) | (671.1M) | (704.7M) | |
Other Assets | 1.6B | 1.6B | 1.8B | 2.0B | 3.4B | 2.2B | |
Long Term Debt | 167.9M | 197.0M | 122.2M | 122.4M | 110.2M | 120.8M | |
Cash And Short Term Investments | 865.7M | 1.1B | 1.2B | 936.6M | 685.6M | 923.3M | |
Net Receivables | 13.9M | 15.2M | 13.9M | 16.4M | 20.9M | 16.9M | |
Common Stock Total Equity | 18.0M | 18.1M | 17.8M | 17.0M | 19.6M | 18.5M | |
Common Stock Shares Outstanding | 17.0M | 18.3M | 18.5M | 18.0M | 17.3M | 19.5M | |
Short Term Investments | 707.7M | 803.1M | 724.5M | 701.7M | 622.8M | 643.0M | |
Liabilities And Stockholders Equity | 3.2B | 3.6B | 3.9B | 3.9B | 4.2B | 3.8B | |
Non Current Liabilities Total | 205.0M | 223.5M | 122.2M | 3.6B | 3.7B | 2.0B | |
Capital Surpluse | 140.5M | 141.1M | 133.2M | 112.8M | 129.8M | 127.2M | |
Inventory | (172.0M) | (315.5M) | (500.7M) | 169K | (351.0M) | (333.5M) | |
Other Current Assets | 172.0M | 315.5M | 500.7M | 173.3M | 351.0M | 252.6M | |
Other Stockholder Equity | 140.5M | 141.1M | 133.2M | 112.8M | 97.1M | 105.3M | |
Total Liab | 2.9B | 223.5M | 122.2M | 3.6B | 3.8B | 2.5B | |
Net Invested Capital | 494.0M | 567.0M | 529.6M | 479.4M | 517.3M | 508.8M | |
Long Term Investments | 707.7M | 914.6M | 724.5M | 701.7M | 622.8M | 674.7M | |
Property Plant And Equipment Gross | 61.9M | 60.3M | 125.0M | 124.4M | 127.7M | 97.6M | |
Total Current Assets | 879.7M | 1.1B | 1.2B | 1.1B | 706.5M | 967.4M | |
Accumulated Other Comprehensive Income | 958K | 21.3M | 13.7M | (65.1M) | (51.7M) | (49.1M) | |
Short Term Debt | 20M | 26.6M | 75.8M | 1.9M | 1.8M | 1.7M | |
Intangible Assets | 27.4M | 7.6M | 25.6M | 31.8M | 29.0M | 19.1M | |
Common Stock | 18.0M | 18.1M | 17.8M | 17.0M | 16.4M | 18.4M | |
Property Plant Equipment | 61.9M | 60.3M | 57.7M | 56.3M | 50.7M | 47.7M |
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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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing 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 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.