Southern Income Tax Expense from 2010 to 2024

SOJD Stock  USD 21.96  0.05  0.23%   
Southern's Income Tax Expense is decreasing over the years with very volatile fluctuation. Income Tax Expense is expected to dwindle to about 456.7 M. During the period from 2010 to 2024 Southern Income Tax Expense annual values regression line had coefficient of variation of  88.67 and r-squared of  0. View All Fundamentals
 
Income Tax Expense  
First Reported
1989-09-30
Previous Quarter
290 M
Current Value
377 M
Quarterly Volatility
256.1 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Southern financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Southern's main balance sheet or income statement drivers, such as Total Revenue of 15.6 B, Gross Profit of 8.3 B or Operating Income of 3.6 B, as well as many indicators such as Price To Sales Ratio of 3.18, Dividend Yield of 0.0593 or PTB Ratio of 1.5. Southern financial statements analysis is a perfect complement when working with Southern Valuation or Volatility modules.
  
Check out the analysis of Southern Correlation against competitors.

Latest Southern's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Southern Co over the last few years. It is Southern's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Southern's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Very volatile
   Income Tax Expense   
       Timeline  

Southern Income Tax Expense Regression Statistics

Arithmetic Mean700,074,103
Coefficient Of Variation88.67
Mean Deviation470,187,624
Median795,000,000
Standard Deviation620,721,778
Sample Variance385295.5T
Range2.6B
R-Value(0.04)
Mean Square Error414369.6T
R-Squared0
Significance0.90
Slope(5,117,212)
Total Sum of Squares5394137.4T

Southern Income Tax Expense History

2024456.7 M
2023496 M
2022795 M
2021267 M
2020393 M
20191.8 B
2018449 M

About Southern Financial Statements

Southern stakeholders use historical fundamental indicators, such as Southern's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Southern investors may analyze each financial statement separately, they are all interrelated. For example, changes in Southern's assets and liabilities are reflected in the revenues and expenses on Southern's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Southern Co. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense496 M456.7 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Southern is a strong investment it is important to analyze Southern's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Southern's future performance. For an informed investment choice regarding Southern Stock, refer to the following important reports:
Check out the analysis of Southern Correlation against competitors.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Electric Utilities space 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.
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.