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.
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.
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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
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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) | Cash | 50.3M | 164.2M | 1.7B | 1.8B | Accounts Payable | 4.4B | 6.0B | 608.8M | 578.4M |
Southern Petrochemicals balance sheet Correlations
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Southern Petrochemicals Account Relationship Matchups
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Southern Petrochemicals balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 20.9B | 17.1B | 16.9B | 22.0B | 17.6B | 28.4B | |
Other Current Liab | 4.5B | 545.1M | 1.1B | 446.2M | 1.2B | 1.1B | |
Total Current Liabilities | 16.3B | 11.6B | 9.3B | 10.8B | 6.2B | 10.4B | |
Total Stockholder Equity | 4.3B | 5.2B | 6.9B | 9.9B | 10.8B | 11.3B | |
Accounts Payable | 11.8B | 9.5B | 4.4B | 6.0B | 608.8M | 578.4M | |
Cash | 640.9M | 528.7M | 50.3M | 164.2M | 1.7B | 1.8B | |
Other Assets | 1.9B | 1.7B | 1.5B | 1.7B | 1.5B | 1.5B | |
Net Receivables | 11.5B | 2.2B | 473.6M | 7.1B | 177.1M | 168.2M | |
Short Term Investments | (849.2M) | 2.8B | 766.2M | 7.3B | 312.5M | 413.8M | |
Inventory | 1.4B | 3.5B | 4.5B | 2.2B | 951.5M | 1.7B | |
Other Current Assets | 834.2M | 4.3B | 1.8B | 8.5B | 2.6B | 1.9B | |
Total Liab | 16.6B | 12.0B | 10.0B | 12.2B | 6.9B | 6.5B | |
Property Plant Equipment | 3.8B | 5.4B | 6.8B | 6.6B | 5.9B | 11.4B | |
Intangible Assets | 10.2M | 6.6M | 3.0M | 1.7M | 1M | 950K | |
Retained Earnings | (335.3M) | 405.5M | 1.9B | 4.8B | 5.5B | 5.8B | |
Short Long Term Debt Total | 4.1B | 1.0B | 3.1B | 4.0B | 4.7B | 4.5B | |
Property Plant And Equipment Net | 3.8B | 5.4B | 6.8B | 6.6B | 6.8B | 7.9B | |
Net Debt | 3.4B | 508.8M | 3.0B | 3.8B | 3.0B | 2.8B | |
Non Current Assets Total | 6.7B | 8.3B | 9.8B | 10.8B | 11.9B | 16.2B | |
Non Currrent Assets Other | 849.2M | 671.6M | 459.3M | 977.3M | 293.1M | 278.4M | |
Cash And Short Term Investments | 640.9M | 528.7M | 816.5M | 7.4B | 2.0B | 1.6B | |
Liabilities And Stockholders Equity | 20.9B | 17.1B | 16.9B | 22.0B | 17.6B | 23.2B | |
Non Current Liabilities Total | 301.3M | 321.2M | 706.9M | 1.4B | 652.9M | 620.3M | |
Other Stockholder Equity | 3.6B | (1.7B) | 2.7B | 2.1B | 8.7B | 7.9B | |
Total Current Assets | 14.3B | 8.8B | 7.1B | 11.2B | 5.8B | 9.6B | |
Accumulated Other Comprehensive Income | (1.2B) | 611.0M | 884.2M | 897.2M | 8.7B | 9.2B | |
Other Liab | 288.9M | 301.3M | 321.2M | 311.9M | 280.7M | 301.3M | |
Current Deferred Revenue | (4.1B) | 191.0M | 402.6M | 475.0M | 427.5M | 448.9M | |
Short Term Debt | 4.1B | 1.0B | 2.7B | 3.0B | 4.4B | 2.8B | |
Net Tangible Assets | 3.7B | 4.3B | 5.2B | 6.9B | 8.0B | 4.1B | |
Short Long Term Debt | 4.1B | 1.0B | 2.6B | 3.0B | 4.4B | 3.1B | |
Net Invested Capital | 8.4B | 6.2B | 10.0B | 13.8B | 15.4B | 10.6B | |
Net Working Capital | (2.0B) | (2.8B) | (2.1B) | 388.4M | (443M) | (465.2M) |
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When running Southern Petrochemicals' price analysis, check to measure Southern Petrochemicals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Southern Petrochemicals is operating at the current time. Most of Southern Petrochemicals' value examination focuses on studying past and present price action to predict the probability of Southern Petrochemicals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southern Petrochemicals' price. Additionally, you may evaluate how the addition of Southern Petrochemicals to your portfolios can decrease your overall portfolio volatility.