Debt to EBITDA ratio Analysis of South Plains Financial Inc - Deep Dive


Debt to EBITDA of SPFI
Dec-23
1.41
Very Good Debt to EBITDA
Dec-22
1.30
Very Good Debt to EBITDA
Growth
8.75
%
Debt to EBITDA Analysis of South Plains Financial Inc
Debt to EBITDA Ratio 1.41 of South Plains Financial Inc shows that the company is financially strong and has enough profit to pay off its debt.
Debt to EBITDA Ratio of SPFI has grown by 8.75 % Compared to previous Financial Year.
Debt to EBITDA Ratio with value of 2.73 was highest in Year Dec-20 in last Five Years.
Debt to EBITDA Ratio with value of 1.30 was lowest in Year Dec-22 in last Five Years.
Latest Debt to EBITDA Ratio with value of 1.41 is lower than Average Debt to EBITDA of 2.05 in last five years.
Other Debt to EBITDA Related Info of SPFI that may interest you.
South Plains Financial Inc Overview
CodePricePrevious PricePrice ChangeSector
SPFI27.1526.59 2.11 % Banks-Regional
Fundamental AnalysisTechnical Analysis
Defination of Debt to EBITDA
The Debt to EBITDA Ratio is a solvency metric that measures the company's ability to meet its debt obligations by earnings before covering its interest, taxes, depreciation, and amortization.    more ..
Debt to EBITDA Formula

Debt to EBITDA Related Ratios
CashFlowFromOperationToDebtDebtToCapitalEVToEBITDA

Tsr Stability Index
No Significant Stability
FY - Historical Debt to EBITDA of South Plains Financial Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Debt to EBITDA1.411.302.132.732.673.313.61
Change8.75 %-39.22 %-22.03 %2.33 %-19.16 %-8.32 %
FY Chart of Debt to EBITDA of South Plains Financial Inc


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