Cash Ratio Analysis of South Plains Financial Inc - Deep Dive


Cash Ratio of SPFI
Dec-23
0.215
Poor Cash Ratio
Dec-22
15.75
Excellent Cash Ratio
Growth
-98.64
%
Cash Ratio Analysis of South Plains Financial Inc
Cash Ratio of South Plains Financial Inc with value of 0.215 indicates that a company has generated low cash in a period than what is needed to pay off its current liabilities.
Cash Ratio of SPFI drastically fell by -98.64 % this year.
Cash Ratio with value of 56.86 was highest in Year Dec-20 in last Five Years.
Cash Ratio of SPFI trending down for at least three Years.
Latest Cash Ratio with value of 0.215 is lower than Average Cash Ratio of 26.42 in last five years.
Other Cash Ratio Related Info of SPFI that may interest you.
South Plains Financial Inc Overview
CodePricePrevious PricePrice ChangeSector
SPFI25.2725.63 1.40 % Banks-Regional
Fundamental AnalysisTechnical Analysis
Defination of Cash Ratio
The Cash Ratio measures the liquidity position of the company. This metric indicates how much the company can cover its current liabilities by its cash and cash equivalents.   more ..
Cash Ratio Formula

Cash Ratio Related Ratios
CurrentRatioQuickRatioDebtToEquityRatio

Tsr Stability Index
No Significant Stability
FY - Historical Cash Ratio of South Plains Financial Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Cash Ratio0.21515.7515.9956.8643.290.2410.213
Change-98.64 %-1.46 %-71.89 %31.36 %17884.57 %12.81 %
FY Chart of Cash Ratio of South Plains Financial Inc


Note : All Data Generated at the End of Trading Hours (EOD Data)