Southern Non Currrent Assets Other vs Non Current Assets Total Analysis
SO Stock | USD 79.54 0.88 1.12% |
Southern financial indicator trend analysis is much more than just breaking down Southern prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Southern is a good investment. Please check the relationship between Southern Non Currrent Assets Other and its Non Current Assets Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southern Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
Non Currrent Assets Other vs Non Current Assets Total
Non Currrent Assets Other vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southern Non Currrent Assets Other account and Non Current Assets Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Southern's Non Currrent Assets Other and Non Current Assets Total is 0.57. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Southern Company, assuming nothing else is changed. The correlation between historical values of Southern's Non Currrent Assets Other and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Southern Company are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Non Currrent Assets Other i.e., Southern's Non Currrent Assets Other and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Most indicators from Southern's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Southern current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southern Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. As of the 19th of May 2024, Tax Provision is likely to grow to about 567.6 M, while Selling General Administrative is likely to drop about 1.1 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 10.1B | 10.8B | 11.7B | 8.3B | Total Revenue | 23.1B | 29.3B | 25.3B | 15.6B |
Southern fundamental ratios Correlations
Click cells to compare fundamentals
Southern Account Relationship Matchups
Southern fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 847.2M | |
Total Assets | 118.7B | 122.9B | 127.5B | 134.9B | 139.3B | 72.0B | |
Short Long Term Debt Total | 48.7B | 51.0B | 55.5B | 59.1B | 63.5B | 66.7B | |
Other Current Liab | 4.2B | 4.4B | 4.4B | 4.6B | 5.1B | 2.6B | |
Total Current Liabilities | 12.5B | 12.1B | 10.9B | 15.7B | 13.5B | 8.3B | |
Total Stockholder Equity | 27.8B | 28.3B | 28.2B | 30.4B | 31.4B | 18.7B | |
Property Plant And Equipment Net | 86.1B | 90.4B | 93.5B | 96.7B | 101.9B | 53.2B | |
Net Debt | 46.7B | 50.0B | 53.7B | 57.2B | 62.7B | 65.9B | |
Retained Earnings | 10.9B | 11.3B | 10.9B | 11.5B | 12.5B | 8.2B | |
Accounts Payable | 2.6B | 2.8B | 2.2B | 3.5B | 2.9B | 1.8B | |
Non Current Assets Total | 108.9B | 114.3B | 118.6B | 124.5B | 128.9B | 65.6B | |
Non Currrent Assets Other | 601M | 11.2B | 12.0B | 17.8B | 16.8B | 17.6B | |
Net Receivables | 3.4B | 3.3B | 3.0B | 3.7B | 4.0B | 2.4B | |
Common Stock Total Equity | 5.3B | 5.3B | 5.3B | 5.4B | 6.2B | 5.9B | |
Liabilities And Stockholders Equity | 118.7B | 122.9B | 127.5B | 134.9B | 139.3B | 72.0B | |
Non Current Liabilities Total | 74.1B | 78.3B | 84.0B | 84.6B | 90.6B | 95.2B | |
Inventory | 2.4B | 2.5B | 2.4B | 2.7B | 3.4B | 1.9B | |
Other Current Assets | 1.4B | 1.2B | 1.4B | 1.6B | 1.9B | 2.0B | |
Other Stockholder Equity | 11.7B | 11.8B | 11.9B | 13.6B | 13.7B | 6.9B | |
Total Liab | 86.7B | 90.4B | 95.0B | 100.4B | 104.1B | 52.1B | |
Property Plant And Equipment Gross | 86.1B | 90.4B | 125.2B | 129.9B | 139.7B | 146.6B | |
Total Current Assets | 9.8B | 8.6B | 9.0B | 10.4B | 10.4B | 6.4B | |
Accumulated Other Comprehensive Income | (321M) | (395M) | (238M) | (167M) | (177M) | (185.9M) | |
Short Term Debt | 5.3B | 4.4B | 3.8B | 7.1B | 5.0B | 3.6B | |
Common Stock | 5.3B | 5.3B | 5.3B | 5.4B | 5.4B | 5.9B | |
Current Deferred Revenue | 496M | 487M | 479M | 502M | 503M | 356.0M | |
Good Will | 6.3B | 5.3B | 5.3B | 5.2B | 5.9B | 6.2B | |
Intangible Assets | 536M | 487M | 445M | 406M | 368M | 416.4M | |
Other Liab | 30.7B | 31.6B | 32.4B | 32.4B | 37.2B | 39.1B | |
Other Assets | 17.3B | 18.2B | 18.9B | 21.4B | 24.6B | 25.8B | |
Long Term Debt | 95M | 45.1B | 49.9B | 50.7B | 57.2B | 60.1B | |
Treasury Stock | (42M) | (46M) | (47M) | (53M) | (61.0M) | (64.0M) | |
Property Plant Equipment | 83.1B | 87.6B | 91.1B | 94.6B | 108.8B | 57.0B | |
Retained Earnings Total Equity | 10.9B | 11.3B | 10.9B | 11.5B | 13.3B | 8.0B |
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Is Southern's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Southern. If investors know Southern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Southern listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.304 | Dividend Share 2.8 | Earnings Share 3.86 | Revenue Per Share 23.261 | Quarterly Revenue Growth 0.026 |
The market value of Southern is measured differently than its book value, which is the value of Southern that is recorded on the company's balance sheet. Investors also form their own opinion of Southern's value that differs from its market value or its book value, called intrinsic value, which is Southern's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Southern's market value can be influenced by many factors that don't directly affect Southern's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Southern's value and its price as these two are different measures arrived at by different means. Investors typically determine if Southern is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Southern's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.