Southern Historical Balance Sheet

SO Stock

USD 87.60 0.54 0.61%

Trend analysis of Southern Company balance sheet accounts such as Total Current Liabilities of 8.3 B, Total Stockholder Equity of 18.7 B or Property Plant And Equipment Net of 53.2 B provides information on Southern's total assets, liabilities, and equity, which is the actual value of Southern to its prevalent stockholders. By breaking down trends over time using Southern balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Southern latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Southern is a good buy for the upcoming year.

Southern Inventory

1.89 Billion

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 closely tied with the direction of predictive economic indicators such as signals in persons.

About Southern Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Southern at a specified time, usually calculated after every quarter, six months, or one year. Southern Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Southern and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Southern currently owns. An asset can also be divided into two categories, current and non-current.

Southern Balance Sheet Chart

At this time, Southern's Other Current Assets are very stable compared to the past year. As of the 25th of November 2024, Property Plant And Equipment Gross is likely to grow to about 146.6 B, while Common Stock Shares Outstanding is likely to drop about 847.2 M.

Common Stock Shares Outstanding Total Assets Short Long Term Debt Total Other Current Liab Capital Lease Obligations

Add Fundamental

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Assets

Total assets refers to the total amount of Southern assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Southern books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Capital Lease Obligations

Southern capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Southern asset purchases. For example, Southern can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Southern control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

Most accounts from Southern's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Southern current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 closely tied with the direction of predictive economic indicators such as signals in persons.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	55.5B	59.1B	63.5B	66.7B
Total Assets	127.5B	134.9B	139.3B	72.0B

Short Long Term Debt Total Total Assets

Southern balance sheet Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue
Common Stock Shares Outstanding		0.91	0.73	0.86	0.86	0.97	0.92	0.72	0.92	0.8	0.64	0.9	0.45	0.64	0.8	0.79	0.76	0.81	0.57	0.38	0.89	0.63	0.91	0.77	0.8	0.93
Total Assets	0.91		0.83	0.95	0.94	0.97	1.0	0.82	0.78	0.9	0.66	1.0	0.57	0.66	0.92	0.8	0.84	0.72	0.7	0.72	1.0	0.73	0.96	0.83	0.78	0.89
Short Long Term Debt Total	0.73	0.83		0.79	0.78	0.77	0.81	1.0	0.59	0.75	0.53	0.83	0.75	0.53	0.81	0.95	1.0	0.55	0.88	0.61	0.83	0.95	0.79	0.7	0.95	0.71
Other Current Liab	0.86	0.95	0.79		0.94	0.92	0.94	0.79	0.74	0.9	0.63	0.95	0.54	0.63	0.94	0.78	0.81	0.72	0.61	0.68	0.95	0.67	0.95	0.83	0.74	0.9
Total Current Liabilities	0.86	0.94	0.78	0.94		0.89	0.92	0.77	0.68	0.98	0.73	0.93	0.59	0.73	0.95	0.74	0.79	0.67	0.58	0.65	0.94	0.64	0.97	0.96	0.75	0.91
Total Stockholder Equity	0.97	0.97	0.77	0.92	0.89		0.98	0.76	0.91	0.83	0.62	0.97	0.5	0.62	0.84	0.81	0.79	0.8	0.67	0.56	0.96	0.7	0.94	0.79	0.78	0.9
Property Plant And Equipment Net	0.92	1.0	0.81	0.94	0.92	0.98		0.8	0.82	0.88	0.64	1.0	0.55	0.64	0.9	0.8	0.83	0.73	0.69	0.69	0.99	0.72	0.95	0.81	0.77	0.89
Net Debt	0.72	0.82	1.0	0.79	0.77	0.76	0.8		0.59	0.74	0.5	0.82	0.76	0.5	0.8	0.95	1.0	0.54	0.88	0.6	0.82	0.96	0.78	0.69	0.95	0.69
Retained Earnings	0.92	0.78	0.59	0.74	0.68	0.91	0.82	0.59		0.59	0.47	0.78	0.34	0.47	0.58	0.72	0.62	0.83	0.55	0.22	0.75	0.58	0.77	0.58	0.69	0.79
Accounts Payable	0.8	0.9	0.75	0.9	0.98	0.83	0.88	0.74	0.59		0.7	0.9	0.6	0.7	0.96	0.68	0.76	0.64	0.52	0.67	0.91	0.59	0.93	0.93	0.7	0.87
Cash	0.64	0.66	0.53	0.63	0.73	0.62	0.64	0.5	0.47	0.7		0.65	0.12	1.0	0.69	0.39	0.53	0.41	0.32	0.35	0.67	0.36	0.76	0.73	0.52	0.76
Non Current Assets Total	0.9	1.0	0.83	0.95	0.93	0.97	1.0	0.82	0.78	0.9	0.65		0.57	0.65	0.91	0.8	0.84	0.71	0.71	0.73	1.0	0.73	0.95	0.82	0.78	0.88
Non Currrent Assets Other	0.45	0.57	0.75	0.54	0.59	0.5	0.55	0.76	0.34	0.6	0.12	0.57		0.12	0.58	0.72	0.75	0.36	0.66	0.47	0.58	0.79	0.49	0.55	0.69	0.44
Cash And Short Term Investments	0.64	0.66	0.53	0.63	0.73	0.62	0.64	0.5	0.47	0.7	1.0	0.65	0.12		0.69	0.39	0.53	0.41	0.32	0.35	0.67	0.36	0.76	0.73	0.52	0.76
Net Receivables	0.8	0.92	0.81	0.94	0.95	0.84	0.9	0.8	0.58	0.96	0.69	0.91	0.58	0.69		0.75	0.81	0.67	0.54	0.7	0.93	0.64	0.95	0.88	0.74	0.9
Common Stock Total Equity	0.79	0.8	0.95	0.78	0.74	0.81	0.8	0.95	0.72	0.68	0.39	0.8	0.72	0.39	0.75		0.95	0.66	0.83	0.46	0.79	0.93	0.78	0.65	0.96	0.71
Non Current Liabilities Total	0.76	0.84	1.0	0.81	0.79	0.79	0.83	1.0	0.62	0.76	0.53	0.84	0.75	0.53	0.81	0.95		0.55	0.87	0.59	0.85	0.95	0.8	0.7	0.96	0.73
Inventory	0.81	0.72	0.55	0.72	0.67	0.8	0.73	0.54	0.83	0.64	0.41	0.71	0.36	0.41	0.67	0.66	0.55		0.37	0.23	0.71	0.48	0.79	0.59	0.58	0.79
Other Current Assets	0.57	0.7	0.88	0.61	0.58	0.67	0.69	0.88	0.55	0.52	0.32	0.71	0.66	0.32	0.54	0.83	0.87	0.37		0.62	0.69	0.93	0.58	0.48	0.82	0.43
Other Stockholder Equity	0.38	0.72	0.61	0.68	0.65	0.56	0.69	0.6	0.22	0.67	0.35	0.73	0.47	0.35	0.7	0.46	0.59	0.23	0.62		0.74	0.54	0.59	0.54	0.39	0.41
Total Liab	0.89	1.0	0.83	0.95	0.94	0.96	0.99	0.82	0.75	0.91	0.67	1.0	0.58	0.67	0.93	0.79	0.85	0.71	0.69	0.74		0.73	0.96	0.83	0.77	0.89
Property Plant And Equipment Gross	0.63	0.73	0.95	0.67	0.64	0.7	0.72	0.96	0.58	0.59	0.36	0.73	0.79	0.36	0.64	0.93	0.95	0.48	0.93	0.54	0.73		0.66	0.56	0.91	0.55
Total Current Assets	0.91	0.96	0.79	0.95	0.97	0.94	0.95	0.78	0.77	0.93	0.76	0.95	0.49	0.76	0.95	0.78	0.8	0.79	0.58	0.59	0.96	0.66		0.9	0.77	0.96
Short Term Debt	0.77	0.83	0.7	0.83	0.96	0.79	0.81	0.69	0.58	0.93	0.73	0.82	0.55	0.73	0.88	0.65	0.7	0.59	0.48	0.54	0.83	0.56	0.9		0.69	0.85
Common Stock	0.8	0.78	0.95	0.74	0.75	0.78	0.77	0.95	0.69	0.7	0.52	0.78	0.69	0.52	0.74	0.96	0.96	0.58	0.82	0.39	0.77	0.91	0.77	0.69		0.74
Current Deferred Revenue	0.93	0.89	0.71	0.9	0.91	0.9	0.89	0.69	0.79	0.87	0.76	0.88	0.44	0.76	0.9	0.71	0.73	0.79	0.43	0.41	0.89	0.55	0.96	0.85	0.74

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Southern Account Relationship Matchups

High Positive Relationship

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net

High Negative Relationship

Not Found

Southern balance sheet 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	4.1B	3.7B	4.3B	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	1.7B	1.9B	2.1B	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	416.5M
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

Pair Trading with Southern

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Southern position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Southern will appreciate offsetting losses from the drop in the long position's value.

Moving together with Southern Stock

0.88	D	Dominion Energy	Pair Corr
0.75	ED	Consolidated Edison	Pair Corr

Moving against Southern Stock

0.36

Hawaiian Electric

Pair Corr

The ability to find closely correlated positions to Southern could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Southern when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Southern - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Southern Company to buy it.

The correlation of Southern is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Southern moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Southern moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Southern can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

How To Invest In Southern

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Is Southern Stock a good investment?

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What is Southern's Net Worth?

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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.

Quarterly Earnings Growth

0.078

Dividend Share

2.84

Earnings Share

4.29

Revenue Per Share

24.135

Quarterly Revenue Growth

0.042

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Southern Historical Balance Sheet

Southern Inventory

1.89 Billion

About Southern Balance Sheet Analysis

Southern Balance Sheet Chart

Common Stock Shares Outstanding

Total Assets

Capital Lease Obligations

Southern balance sheet Correlations

Southern Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Southern balance sheet Accounts

Pair Trading with Southern

Moving together with Southern Stock

Moving against Southern Stock

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