Southern Historical Balance Sheet

SPIC Stock   74.08  2.23  2.92%   
Trend analysis of Southern Petrochemicals Industries balance sheet accounts such as Accounts Payable of 578.4 M, Cash of 1.8 B, Other Assets of 1.5 B or Long Term Debt of 228.9 M provides information on Southern Petrochemicals' total assets, liabilities, and equity, which is the actual value of Southern Petrochemicals to its prevalent stockholders. By breaking down trends over time using Southern Petrochemicals 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 Southern Petrochemicals 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 Southern Petrochemicals is a good buy for the upcoming year.

Southern Petrochemicals Inventory

1.74 Billion

  
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.

About Southern Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Southern Petrochemicals at a specified time, usually calculated after every quarter, six months, or one year. Southern Petrochemicals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Southern Petrochemicals 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 Southern currently owns. An asset can also be divided into two categories, current and non-current.

Southern Petrochemicals Balance Sheet Chart

At this time, Southern Petrochemicals' Property Plant And Equipment Net is comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 16.2 B in 2024, whereas Accounts Payable is likely to drop slightly above 578.4 M in 2024.

Total Assets

Total assets refers to the total amount of Southern Petrochemicals 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 Southern Petrochemicals 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 Southern Petrochemicals balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Southern Petrochemicals Industries 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.

Accounts Payable

An accounting item on the balance sheet that represents Southern Petrochemicals obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Southern Petrochemicals are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most accounts from Southern Petrochemicals' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 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 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.
At this time, Southern Petrochemicals' Property Plant And Equipment Net is comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 16.2 B in 2024, whereas Accounts Payable is likely to drop slightly above 578.4 M in 2024.
 2021 2022 2023 2024 (projected)
Cash50.3M164.2M1.7B1.8B
Accounts Payable4.4B6.0B608.8M578.4M

Southern Petrochemicals balance sheet Correlations

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0.57-0.680.09-0.110.470.37-0.230.050.380.250.48-0.16-0.230.36-0.43-0.710.810.230.170.290.150.340.230.520.69
0.19-0.190.73-0.11-0.43-0.030.00.74-0.160.06-0.080.47-0.1-0.150.510.15-0.360.180.110.00.130.070.21-0.130.37
0.260.0-0.140.47-0.430.21-0.14-0.320.03-0.340.05-0.26-0.030.21-0.77-0.350.63-0.06-0.030.06-0.070.08-0.070.070.12
-0.08-0.19-0.120.37-0.030.21-0.49-0.270.370.260.49-0.390.39-0.33-0.18-0.790.53-0.39-0.38-0.37-0.39-0.32-0.410.190.43
0.570.410.46-0.230.0-0.14-0.490.460.040.05-0.240.86-0.850.770.150.14-0.160.830.880.830.890.80.820.12-0.36
0.6-0.140.870.050.74-0.32-0.270.46-0.17-0.04-0.180.79-0.60.340.380.1-0.260.660.630.50.640.560.670.130.32
0.21-0.03-0.080.38-0.160.030.370.04-0.170.320.92-0.03-0.020.22-0.04-0.510.610.010.020.140.020.110.010.840.01
0.23-0.250.170.250.06-0.340.260.05-0.040.320.270.13-0.190.240.31-0.470.20.210.180.240.190.230.190.080.34
0.1-0.21-0.110.48-0.080.050.49-0.24-0.180.920.27-0.220.19-0.02-0.13-0.550.66-0.18-0.19-0.08-0.19-0.09-0.180.820.27
0.670.260.82-0.160.47-0.26-0.390.860.79-0.030.13-0.22-0.830.650.320.1-0.210.850.870.770.880.780.850.1-0.03
-0.870.01-0.62-0.23-0.1-0.030.39-0.85-0.6-0.02-0.190.19-0.83-0.93-0.070.1-0.08-0.99-0.99-0.98-0.99-0.99-0.98-0.19-0.07
0.870.030.450.36-0.150.21-0.330.770.340.220.24-0.020.65-0.93-0.05-0.210.320.890.890.960.890.950.880.330.01
-0.040.050.36-0.430.51-0.77-0.180.150.38-0.040.31-0.130.32-0.07-0.050.33-0.590.090.06-0.010.09-0.010.1-0.14-0.14
-0.40.32-0.08-0.710.15-0.35-0.790.140.1-0.51-0.47-0.550.10.1-0.210.33-0.8-0.09-0.09-0.15-0.08-0.19-0.06-0.41-0.57
0.45-0.23-0.050.81-0.360.630.53-0.16-0.260.610.20.66-0.21-0.080.32-0.59-0.80.030.040.180.020.20.030.630.46
0.84-0.080.640.230.18-0.06-0.390.830.660.010.21-0.180.85-0.990.890.09-0.090.030.990.970.990.981.00.190.1
0.830.030.620.170.11-0.03-0.380.880.630.020.18-0.190.87-0.990.890.06-0.090.040.990.971.00.980.980.210.04
0.85-0.010.530.290.00.06-0.370.830.50.140.24-0.080.77-0.980.96-0.01-0.150.180.970.970.970.990.970.290.03
0.820.040.630.150.13-0.07-0.390.890.640.020.19-0.190.88-0.990.890.09-0.080.020.991.00.970.970.980.20.03
0.9-0.080.590.340.070.08-0.320.80.560.110.23-0.090.78-0.990.95-0.01-0.190.20.980.980.990.970.980.280.12
0.84-0.080.650.230.21-0.07-0.410.820.670.010.19-0.180.85-0.980.880.1-0.060.031.00.980.970.980.980.20.1
0.4-0.140.080.52-0.130.070.190.120.130.840.080.820.1-0.190.33-0.14-0.410.630.190.210.290.20.280.20.18
0.41-0.670.410.690.370.120.43-0.360.320.010.340.27-0.03-0.070.01-0.14-0.570.460.10.040.030.030.120.10.18
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Southern Petrochemicals Account Relationship Matchups

Southern Petrochemicals balance sheet Accounts

201920202021202220232024 (projected)
Total Assets20.9B17.1B16.9B22.0B17.6B28.4B
Other Current Liab4.5B545.1M1.1B446.2M1.2B1.1B
Total Current Liabilities16.3B11.6B9.3B10.8B6.2B10.4B
Total Stockholder Equity4.3B5.2B6.9B9.9B10.8B11.3B
Accounts Payable11.8B9.5B4.4B6.0B608.8M578.4M
Cash640.9M528.7M50.3M164.2M1.7B1.8B
Other Assets1.9B1.7B1.5B1.7B1.5B1.5B
Net Receivables11.5B2.2B473.6M7.1B177.1M168.2M
Short Term Investments(849.2M)2.8B766.2M7.3B312.5M413.8M
Inventory1.4B3.5B4.5B2.2B951.5M1.7B
Other Current Assets834.2M4.3B1.8B8.5B2.6B1.9B
Total Liab16.6B12.0B10.0B12.2B6.9B6.5B
Property Plant Equipment3.8B5.4B6.8B6.6B5.9B11.4B
Intangible Assets10.2M6.6M3.0M1.7M1M950K
Retained Earnings(335.3M)405.5M1.9B4.8B5.5B5.8B
Short Long Term Debt Total4.1B1.0B3.1B4.0B4.7B4.5B
Property Plant And Equipment Net3.8B5.4B6.8B6.6B6.8B7.9B
Net Debt3.4B508.8M3.0B3.8B3.0B2.8B
Non Current Assets Total6.7B8.3B9.8B10.8B11.9B16.2B
Non Currrent Assets Other849.2M671.6M459.3M977.3M293.1M278.4M
Cash And Short Term Investments640.9M528.7M816.5M7.4B2.0B1.6B
Liabilities And Stockholders Equity20.9B17.1B16.9B22.0B17.6B23.2B
Non Current Liabilities Total301.3M321.2M706.9M1.4B652.9M620.3M
Other Stockholder Equity3.6B(1.7B)2.7B2.1B8.7B7.9B
Total Current Assets14.3B8.8B7.1B11.2B5.8B9.6B
Accumulated Other Comprehensive Income(1.2B)611.0M884.2M897.2M8.7B9.2B
Other Liab288.9M301.3M321.2M311.9M280.7M301.3M
Current Deferred Revenue(4.1B)191.0M402.6M475.0M427.5M448.9M
Short Term Debt4.1B1.0B2.7B3.0B4.4B2.8B
Net Tangible Assets3.7B4.3B5.2B6.9B8.0B4.1B
Short Long Term Debt4.1B1.0B2.6B3.0B4.4B3.1B
Net Invested Capital8.4B6.2B10.0B13.8B15.4B10.6B
Net Working Capital(2.0B)(2.8B)(2.1B)388.4M(443M)(465.2M)

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