South Plains Financial annual debt-to-equity ratio
2018
2019
2020
2021
2022
2023
2024
2025
South Plains Financial Debt-to-Equity Ratio Growth & History (SPFI)
South Plains Financial's debt-to-equity ratio was 0.02 for fiscal 2025.
View full South Plains Financial company overviewSouth Plains Financial annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.02 | −0.00 | −20.83% |
| 2024 | 2024-12-31 | 0.02 | −0.00 | −14.23% |
| 2023 | 2023-12-31 | 0.02 | −0.00 | −5.08% |
| 2022 | 2022-12-31 | 0.02 | 0.02 | — |
| 2021 | 2021-12-31 | 0.00 | −0.07 | — |
| 2020 | 2020-12-31 | 0.07 | −0.05 | −40.89% |
| 2019 | 2019-12-31 | 0.12 | 0.01 | +5.98% |
| 2018 | 2018-12-31 | 0.11 | — | — |
South Plains Financial quarterly debt-to-equity ratio
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q4.24
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.10 | 0.09 | +3126.09% |
| Q1 2026 | 2026-03-31 | 0.12 | — | — |
| Q4 2025 | 2025-12-31 | 0.02 | −0.00 | −20.83% |
| Q3 2025 | 2025-09-30 | 0.13 | — | — |
| Q2 2025 | 2025-06-30 | 0.00 | — | — |
| Q4 2024 | 2024-12-31 | 0.02 | −0.00 | −14.23% |
| Q4 2023 | 2023-12-31 | 0.02 | −0.00 | −5.08% |
| Q3 2023 | 2023-09-30 | 0.03 | −0.00 | −5.38% |
| Q2 2023 | 2023-06-30 | 0.03 | −0.00 | −4.15% |
| Q1 2023 | 2023-03-31 | 0.02 | 0.02 | — |
| Q4 2022 | 2022-12-31 | 0.02 | 0.02 | — |
| Q3 2022 | 2022-09-30 | 0.03 | 0.03 | — |
| Q2 2022 | 2022-06-30 | 0.03 | 0.02 | +165.05% |
| Q1 2022 | 2022-03-31 | 0.00 | −0.05 | — |
| Q4 2021 | 2021-12-31 | 0.00 | −0.07 | — |
| Q3 2021 | 2021-09-30 | 0.00 | −0.02 | — |
| Q2 2021 | 2021-06-30 | 0.01 | −0.02 | −65.16% |
| Q1 2021 | 2021-03-31 | 0.05 | −0.01 | −12.13% |
| Q4 2020 | 2020-12-31 | 0.07 | −0.05 | −40.89% |
| Q3 2020 | 2020-09-30 | 0.02 | −0.01 | −33.17% |
| Q2 2020 | 2020-06-30 | 0.03 | −0.00 | −6.08% |
| Q1 2020 | 2020-03-31 | 0.05 | −0.06 | −54.87% |
| Q4 2019 | 2019-12-31 | 0.12 | 0.01 | +5.98% |
| Q3 2019 | 2019-09-30 | 0.03 | — | — |
| Q2 2019 | 2019-06-30 | 0.03 | — | — |
| Q1 2019 | 2019-03-31 | 0.12 | — | — |
| Q4 2018 | 2018-12-31 | 0.11 | — | — |
South Plains Financial debt-to-equity ratio trends
Over the last five fiscal years, South Plains Financial's debt-to-equity ratio decreased from 0.07 to 0.02, a change of −0.06. The latest reported quarter, Q2 2026, shows 0.10.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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