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South Plains Financial (South Plains Financial) Capex-to-Operating-Cash-Flow : 0.03 (As of Mar. 2024)


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What is South Plains Financial Capex-to-Operating-Cash-Flow?

Capex-to-Operating-Cash-Flow assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. It’s also useful to distinguish whether the company is capital intensive or not.

South Plains Financial's Capital Expenditure for the three months ended in Mar. 2024 was $-0.47 Mil. Its Cash Flow from Operations for the three months ended in Mar. 2024 was $19.16 Mil.

Hence, South Plains Financial's Capex-to-Operating-Cash-Flow for the three months ended in Mar. 2024 was 0.03.


South Plains Financial Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for South Plains Financial's Capex-to-Operating-Cash-Flow can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

South Plains Financial Capex-to-Operating-Cash-Flow Chart

South Plains Financial Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial 0.13 0.59 0.03 0.04 0.08

South Plains Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Capex-to-Operating-Cash-Flow Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 5.41 0.05 - 0.03

Competitive Comparison of South Plains Financial's Capex-to-Operating-Cash-Flow

For the Banks - Regional subindustry, South Plains Financial's Capex-to-Operating-Cash-Flow, along with its competitors' market caps and Capex-to-Operating-Cash-Flow data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


South Plains Financial's Capex-to-Operating-Cash-Flow Distribution in the Banks Industry

For the Banks industry and Financial Services sector, South Plains Financial's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where South Plains Financial's Capex-to-Operating-Cash-Flow falls into.



South Plains Financial Capex-to-Operating-Cash-Flow Calculation

South Plains Financial's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-4.681) / 58.539
=0.08

South Plains Financial's Capex-to-Operating-Cash-Flow for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-0.474) / 19.16
=0.02

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


South Plains Financial  (NAS:SPFI) Capex-to-Operating-Cash-Flow Explanation

Capex-to-Operating-Cash-Flow ratio assesses how much of a company’s Cash Flow from Operations is being devoted to Capital Expenditure. It is a good indicator in terms of how much the company is focused on growth. In general, a high Capex-to-Operating-Cash-Flow ratio indicates that the company is investing more in physical assets and is focused on growth and expansion. Conversely, lower ratio could indicate that a company has reached maturity and is no longer pursuing aggressive growth.

Moreover, the ratio is also useful to distinguish whether the company is capital intensive or not. If the ratio is large, then the company tends to be capital intensive. Lower ratio suggests that it’s a capital-light business. The ratio can be combined with ROIC % to identify whether the company is an asset-light business that has a high return on invested capital. This is one question investors commonly ask to see if a company qualifies as a good company.


South Plains Financial Capex-to-Operating-Cash-Flow Related Terms

Thank you for viewing the detailed overview of South Plains Financial's Capex-to-Operating-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


South Plains Financial (South Plains Financial) Business Description

Traded in Other Exchanges
Address
5219 City Bank Parkway, Lubbock, TX, USA, 79407
South Plains Financial Inc operates as a bank holding company. The company provides a wide range of commercial and consumer financial services to small and medium-sized businesses and individuals. The principal business activities include commercial and retail banking, along with insurance, investment, trust, and mortgage services. The company has two reportable segments: banking and insurance.
Executives
Richard D Campbell director, 10 percent owner 5219 CITY BANK PARKWAY, LUBBOCK TX 79407-3544
Curtis C Griffith director, 10 percent owner, officer: Chairman & CEO 5219 CITY BANK PARKWAY, LUBBOCK TX 79407-3544
Noe G Valles director 5219 CITY BANK PARKWAY, LUBBOCK TX 79407-3544
Newsom Cory T director, officer: President 5219 CITY BANK PARKWAY, LUBBOCK TX 79407-3544
Mikella D Newsom officer: Chief Risk Officer & Secretary 5219 CITY BANK PARKWAY, LUBBOCK TX 79407-3544
Kelly L. Deterding other: President - Windmark Insurance 5219 CITY BANK PARKWAY, LUBBOCK TX 79407-3544
Steven B Crockett officer: CFO and Treasurer 5219 CITY BANK PARKWAY, LUBBOCK TX 79407-3544
Kyle R Wargo director 5219 CITY BANK PARKWAY, LUBBOCK TX 79407-3544
Allison Navitskas director 511 E JOHN CARPENTER FREEWAY, IRVING TX 75062
Cynthia B Keith director 5219 CITY BANK PARKWAY, LUBBOCK TX 79407-3544
Kevin R Bass officer: Chief Credit Officer 5219 CITY BANK PARKWAY, LUBBOCK TX 79407-3544

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