South Plains Financial Inc (SPFI)
38.97
+0.65
(+1.70%)
USD |
NASDAQ |
Nov 22, 10:54
South Plains Financial Debt to Equity Ratio: 0.2489 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 0.2489 |
| June 30, 2024 | 0.2638 |
| March 31, 2024 | 0.2697 |
| December 31, 2023 | 0.2706 |
| September 30, 2023 | 0.3295 |
| June 30, 2023 | 0.3123 |
| March 31, 2023 | 0.3326 |
| December 31, 2022 | 0.3427 |
| September 30, 2022 | 0.3578 |
| June 30, 2022 | 0.3357 |
| March 31, 2022 | 0.3157 |
| December 31, 2021 | 0.2999 |
| Date | Value |
|---|---|
| September 30, 2021 | 0.3066 |
| June 30, 2021 | 0.3207 |
| March 31, 2021 | 0.4392 |
| December 31, 2020 | 0.5323 |
| September 30, 2020 | 0.5806 |
| June 30, 2020 | 0.7501 |
| March 31, 2020 | 0.5668 |
| December 31, 2019 | 0.6136 |
| September 30, 2019 | 0.5943 |
| June 30, 2019 | 0.6069 |
| March 31, 2019 | 1.165 |
| December 31, 2018 | 1.135 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.2489
Minimum
Sep 2024
0.7501
Maximum
Jun 2020
0.3895
Average
0.3311
Median
Debt to Equity Ratio Benchmarks
| Prosperity Bancshares Inc | 0.5298 |
| Bar Harbor Bankshares Inc | 0.5211 |
| Evans Bancorp Inc | 0.8569 |
| Park National Corp | 0.2477 |
| Tompkins Financial Corp | 0.7492 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 4.338B |
| Total Liabilities (Quarterly) | 3.895B |
| Shareholders Equity (Quarterly) | 443.12M |
| Net Debt Paydown Yield | 0.44% |