Southern Short Long Term Debt Total vs Other Current Assets 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 Short Long Term Debt Total and its Other Current Assets 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.

Short Long Term Debt Total vs Other Current Assets

Short Long Term Debt Total vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southern Short Long Term Debt Total account and Other Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Southern's Short Long Term Debt Total and Other Current Assets is 0.9. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Other Current Assets 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 Short Long Term Debt Total and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Southern Company are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Short Long Term Debt Total i.e., Southern's Short Long Term Debt Total and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Short Long Term Debt Total

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
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 Profit10.1B10.8B11.7B8.3B
Total Revenue23.1B29.3B25.3B15.6B

Southern fundamental ratios Correlations

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0.910.830.970.940.971.00.820.780.90.661.00.570.660.920.80.840.720.650.721.00.730.960.830.780.89
0.730.830.810.780.770.811.00.590.750.530.830.750.530.810.951.00.550.90.610.830.950.790.70.950.71
0.870.970.810.930.940.970.810.760.890.640.970.560.640.920.780.830.70.640.710.980.710.940.810.760.89
0.860.940.780.930.890.920.770.680.980.730.930.590.730.950.740.790.670.550.650.940.640.970.960.750.91
0.970.970.770.940.890.980.760.910.830.620.970.50.620.840.810.790.80.620.560.960.70.940.790.780.9
0.921.00.810.970.920.980.80.820.880.641.00.550.640.90.80.830.730.640.690.990.720.950.810.770.89
0.720.821.00.810.770.760.80.590.740.50.820.760.50.80.951.00.540.90.60.820.960.780.690.950.69
0.920.780.590.760.680.910.820.590.590.470.780.340.470.580.720.620.830.510.220.750.580.770.580.690.79
0.80.90.750.890.980.830.880.740.590.70.90.60.70.960.680.760.640.50.670.910.590.930.930.70.87
0.640.660.530.640.730.620.640.50.470.70.650.121.00.690.390.530.410.280.350.670.360.760.730.520.76
0.91.00.830.970.930.971.00.820.780.90.650.570.650.910.80.840.710.650.731.00.730.950.820.780.88
0.450.570.750.560.590.50.550.760.340.60.120.570.120.580.720.750.360.650.470.580.790.490.550.690.44
0.640.660.530.640.730.620.640.50.470.71.00.650.120.690.390.530.410.280.350.670.360.760.730.520.76
0.80.920.810.920.950.840.90.80.580.960.690.910.580.690.750.810.670.550.70.930.640.950.880.740.9
0.790.80.950.780.740.810.80.950.720.680.390.80.720.390.750.950.660.890.460.790.930.780.650.960.71
0.760.841.00.830.790.790.831.00.620.760.530.840.750.530.810.950.550.880.590.850.950.80.70.960.73
0.810.720.550.70.670.80.730.540.830.640.410.710.360.410.670.660.550.380.230.710.480.790.590.580.79
0.530.650.90.640.550.620.640.90.510.50.280.650.650.280.550.890.880.380.560.640.950.570.470.850.41
0.380.720.610.710.650.560.690.60.220.670.350.730.470.350.70.460.590.230.560.740.540.590.540.390.41
0.891.00.830.980.940.960.990.820.750.910.671.00.580.670.930.790.850.710.640.740.730.960.830.770.89
0.630.730.950.710.640.70.720.960.580.590.360.730.790.360.640.930.950.480.950.540.730.660.560.910.55
0.910.960.790.940.970.940.950.780.770.930.760.950.490.760.950.780.80.790.570.590.960.660.90.770.96
0.770.830.70.810.960.790.810.690.580.930.730.820.550.730.880.650.70.590.470.540.830.560.90.690.85
0.80.780.950.760.750.780.770.950.690.70.520.780.690.520.740.960.960.580.850.390.770.910.770.690.74
0.930.890.710.890.910.90.890.690.790.870.760.880.440.760.90.710.730.790.410.410.890.550.960.850.74
Click cells to compare fundamentals

Southern Account Relationship Matchups

Southern fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding1.1B1.1B1.1B1.1B1.1B847.2M
Total Assets118.7B122.9B127.5B134.9B139.3B72.0B
Short Long Term Debt Total48.7B51.0B55.5B59.1B63.5B66.7B
Other Current Liab4.2B4.4B4.4B4.6B5.1B2.6B
Total Current Liabilities12.5B12.1B10.9B15.7B13.5B8.3B
Total Stockholder Equity27.8B28.3B28.2B30.4B31.4B18.7B
Property Plant And Equipment Net86.1B90.4B93.5B96.7B101.9B53.2B
Net Debt46.7B50.0B53.7B57.2B62.7B65.9B
Retained Earnings10.9B11.3B10.9B11.5B12.5B8.2B
Accounts Payable2.6B2.8B2.2B3.5B2.9B1.8B
Non Current Assets Total108.9B114.3B118.6B124.5B128.9B65.6B
Non Currrent Assets Other601M11.2B12.0B17.8B16.8B17.6B
Net Receivables3.4B3.3B3.0B3.7B4.0B2.4B
Common Stock Total Equity5.3B5.3B5.3B5.4B6.2B5.9B
Liabilities And Stockholders Equity118.7B122.9B127.5B134.9B139.3B72.0B
Non Current Liabilities Total74.1B78.3B84.0B84.6B90.6B95.2B
Inventory2.4B2.5B2.4B2.7B3.4B1.9B
Other Current Assets1.4B1.2B1.4B1.6B1.9B2.0B
Other Stockholder Equity11.7B11.8B11.9B13.6B13.7B6.9B
Total Liab86.7B90.4B95.0B100.4B104.1B52.1B
Property Plant And Equipment Gross86.1B90.4B125.2B129.9B139.7B146.6B
Total Current Assets9.8B8.6B9.0B10.4B10.4B6.4B
Accumulated Other Comprehensive Income(321M)(395M)(238M)(167M)(177M)(185.9M)
Short Term Debt5.3B4.4B3.8B7.1B5.0B3.6B
Common Stock5.3B5.3B5.3B5.4B5.4B5.9B
Current Deferred Revenue496M487M479M502M503M356.0M
Good Will6.3B5.3B5.3B5.2B5.9B6.2B
Intangible Assets536M487M445M406M368M416.4M
Other Liab30.7B31.6B32.4B32.4B37.2B39.1B
Other Assets17.3B18.2B18.9B21.4B24.6B25.8B
Long Term Debt95M45.1B49.9B50.7B57.2B60.1B
Treasury Stock(42M)(46M)(47M)(53M)(61.0M)(64.0M)
Property Plant Equipment83.1B87.6B91.1B94.6B108.8B57.0B
Retained Earnings Total Equity10.9B11.3B10.9B11.5B13.3B8.0B

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When determining whether Southern offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Southern's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Southern Company Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Southern Company Stock:
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.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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When running Southern's price analysis, check to measure Southern's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Southern is operating at the current time. Most of Southern's value examination focuses on studying past and present price action to predict the probability of Southern's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southern's price. Additionally, you may evaluate how the addition of Southern to your portfolios can decrease your overall portfolio volatility.
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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.