SPFI (South Plains Financial) Debt-to-Asset : 0.01 (As of Jun. 2026)

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SPFI South Plains Financial Inc SPFI
67 GF Score
Price $43.66
GF Value $39.65
Valuation Fairly Valued
! 3 Warning Signs
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What is South Plains Financial Debt-to-Asset?

South Plains Financial SPFI +0.14% 67 Debt-to-Asset is 0.01 as of Jun. 2026. GuruFocus rates SPFI with a GF Score™ of 67/100 and a GF Value™ of $39.65 (Fairly Valued). The stock has 3 warning signs investors should review.

South Plains Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $0.0 Mil. South Plains Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $60.5 Mil. South Plains Financial's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2026 was $5,391.2 Mil. South Plains Financial's debt to asset for the quarter that ended in Jun. 2026 was 0.01.

South Plains Financial  (NAS:SPFI) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

South Plains Financial Debt-to-Asset Related Terms

South Plains Financial Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for South Plains Financial's Debt-to-Asset 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.

South Plains Financial Debt-to-Asset Chart

South Plains Financial Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.03 0.03 0.03 0.03 0.01

South Plains Financial Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Asset 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 0.03 0.01 0.01 0.01 0.01

SPFI vs ORRF, SMBK, SMBC: Debt-to-Asset Comparison

For the Banks - Regional subindustry, South Plains Financial's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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 Debt-to-Asset vs Banks Industry

For the Banks industry and Financial Services sector, South Plains Financial's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where South Plains Financial's Debt-to-Asset falls into.


SPFI
67GF Score
South Plains Financial Inc SPFI
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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South Plains Financial Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

South Plains Financial's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 60.493) / 4480.5
=0.01

South Plains Financial's Debt-to-Asset for the quarter that ended in Jun. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 60.493) / 5391.206
=0.01

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.01 mean?
South Plains Financial (SPFI) has a Debt-to-Asset of 0.01 as of Jun. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on South Plains Financial and its competitors.
Is South Plains Financial's Debt-to-Asset too high?
South Plains Financial's current Debt-to-Asset is 0.01. Overall, South Plains Financial has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does South Plains Financial's Debt-to-Asset compare to ORRF and SMBK?
South Plains Financial's Debt-to-Asset of 0.01 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Banks company?
A good Debt-to-Asset depends on the Banks industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on South Plains Financial and its competitors. South Plains Financial's current Debt-to-Asset is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is South Plains Financial stock overvalued right now?
Based on GuruFocus' analysis, South Plains Financial (SPFI) is currently considered Fairly Valued. The stock's GF Value™ is $39.65, compared to a current price of $43.66 — trading 10.1% above its estimated fair value. The current Debt-to-Asset is 0.01. South Plains Financial's overall GF Score™ is 67/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For South Plains Financial (SPFI), the current Debt-to-Asset is 0.01 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is South Plains Financial (SPFI) Overvalued in 2026?

Based on GuruFocus' analysis, South Plains Financial stock appears to be overvalued. The current stock price of $43.66 is trading 10.1% above its estimated GF Value™ of $39.65. GuruFocus considers South Plains Financial to be Fairly Valued.

Key valuation signals for SPFI:

  • Debt-to-Asset: 0.01
  • GF Value™: $39.65 vs. price of $43.66 (10.1% above fair value)
  • GF Score™: 67/100 with 3 warning signs

No single metric tells the full story. See the SPFI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

South Plains Financial Business Description

Other Exchanges 4S4:Germany
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 one reportable segment: banking. The majority of the company's revenues is derived from interest income and other sources, including loans, securities and derivatives.
67GF Score

Get the complete analysis for SPFI

Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$43.66
Price
$39.65
GF Value