South Plains Financial
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has South Plains Financial's balance sheet done over the years? Its assets were worth $4,204,793,000 last year, which is more than in the previous period. 90% of South Plains Financial’s total assets is currently financed by debt. Its liabilities reached the amount of $3,797,679,000, which means an increase by 6% compared compared to last year.
Debt to Assets
| 2017 | 2573375000 | 2.41B | 93.85% |
|---|---|---|---|
| 2018 | 2712745000 | 2.55B | 94.3% |
| 2019 | 3237167000 | 2.93B | 90.54% |
| 2020 | 3599160000 | 223.53M | 6.21% |
| 2021 | 3901855000 | 122.16M | 3.13% |
| 2022 | 3944063000 | 3.58B | 90.95% |
| 2023 | 4204793000 | 3.79B | 90.32% |
SPFI Balance Sheet (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
Assets | |||||||
Current assets: | |||||||
Cash and cash equivalents | 62.82M | 234.88M | 486.82M | 300.30M | 158.09M | 245.98M | 294.56M |
Short term investments | 622.76M | 701.71M | 724.50M | 803.08M | 707.65M | 338.19M | 194.17M |
Net receivables | 20.88M | 16.43M | 13.9M | 15.23M | 13.92M | 12.95M | 0 |
Inventory | 0 | 0 | -500.72M | -315.54M | -172.02M | 0 | -308.86M |
Other current assets | 0 | 173.27M | 500.72M | 315.54M | 172.02M | 0 | 0 |
Total current assets | 706.46M | 1.12B | 1.22B | 1.11B | 879.67M | 597.14M | 503.04M |
Non-current assets: | |||||||
Property, Plant and Equipment | 63.75M | 56.33M | 57.69M | 60.33M | 61.87M | 59.78M | 61.88M |
Goodwill | 19.31M | 19.50M | 19.50M | 19.50M | 18.75M | 0 | 0 |
Intangible assets | 28.99M | 31.82M | 25.59M | 7.56M | 27.38M | 0 | 0 |
Long term investments | 622.76M | 701.71M | 724.50M | 803.08M | 707.65M | 338.19M | 284.09M |
Other non-current assets | -638.59M | -27.47M | -3.03M | -2.46M | -796.91M | -397.98M | -345.98M |
Total non-current assets | 96.22M | 804.72M | 827.30M | 890.48M | 796.91M | 397.98M | 345.98M |
Total assets | 4.20B | 3.94B | 3.90B | 3.59B | 3.23B | 2.71B | 2.57B |
Liabilities | |||||||
| Current liabilities: | |||||||
Accounts payable | |||||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 0 | 1.86M | 0 | 26.55M | 20M | 0 | 0 |
Total current liabilities | 51.29M | 14.91M | 1.07B | 26.55M | 20M | 0 | 490.71M |
| Non-current liabilities: | |||||||
Long term debt | 110.16M | 122.35M | 122.16M | 223.53M | 205.03M | 175.39M | 162.28M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 3.63B | 3.44B | -122.16M | -223.53M | -205.03M | -175.39M | -162.28M |
Total non-current liabilities | 3.74B | 3.57B | 122.16M | 223.53M | 205.03M | 2.55B | 2.41B |
Total liabilities | 3.79B | 3.58B | 122.16M | 223.53M | 2.93B | 2.55B | 2.41B |
| Data source | Data source | Data source | Data source | Data source |