Southern Accounts Payable vs Long Term Debt Analysis

SOJD Stock

USD 21.96 0.05 0.23%

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 Accounts Payable and its Long Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southern Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.

Accounts Payable vs Long Term Debt

Accounts Payable vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southern Accounts Payable account and Long Term Debt. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Southern's Accounts Payable and Long Term Debt is 0.12. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Southern Co, assuming nothing else is changed. The correlation between historical values of Southern's Accounts Payable and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Southern Co are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Accounts Payable i.e., Southern's Accounts Payable and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.12

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Southern obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Southern are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Long Term Debt

Long-term debt is a debt that Southern has held for over one year. Long-term debt appears on Southern Co balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Southern Co balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

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 Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.

The current year's Selling General Administrative is expected to grow to about 1.5 B, whereas Tax Provision is forecasted to decline to 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

Gross Profit Total Revenue

Southern fundamental ratios 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	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Good Will	Intangible Assets
Common Stock Shares Outstanding		0.91	0.73	0.86	0.86	0.97	0.93	0.72	0.92	0.8	0.64	0.9	0.41	0.64	0.8	0.76	0.81	0.51	0.38	0.89	0.91	0.77	0.8	0.27	0.66	-0.46
Total Assets	0.91		0.83	0.95	0.94	0.97	1.0	0.82	0.78	0.9	0.66	1.0	0.53	0.66	0.92	0.84	0.72	0.64	0.72	1.0	0.96	0.83	0.78	0.31	0.86	-0.15
Short Long Term Debt Total	0.73	0.83		0.79	0.78	0.77	0.81	1.0	0.6	0.75	0.53	0.83	0.77	0.53	0.81	1.0	0.55	0.88	0.61	0.83	0.79	0.7	0.95	0.7	0.88	-0.02
Other Current Liab	0.86	0.95	0.79		0.95	0.92	0.94	0.78	0.73	0.91	0.67	0.95	0.49	0.67	0.94	0.81	0.7	0.55	0.67	0.95	0.95	0.84	0.74	0.32	0.86	-0.04
Total Current Liabilities	0.86	0.94	0.78	0.95		0.89	0.92	0.77	0.68	0.98	0.73	0.93	0.53	0.73	0.95	0.79	0.67	0.52	0.65	0.94	0.97	0.96	0.75	0.27	0.84	-0.06
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	0.47	0.62	0.84	0.79	0.8	0.61	0.56	0.96	0.94	0.79	0.78	0.31	0.73	-0.36
Property Plant And Equipment Net	0.93	1.0	0.81	0.94	0.92	0.98		0.8	0.82	0.88	0.65	1.0	0.51	0.65	0.9	0.83	0.73	0.63	0.69	0.99	0.95	0.81	0.77	0.3	0.83	-0.2
Net Debt	0.72	0.82	1.0	0.78	0.77	0.76	0.8		0.59	0.74	0.5	0.82	0.78	0.5	0.8	1.0	0.54	0.89	0.6	0.82	0.78	0.69	0.95	0.71	0.87	-0.02
Retained Earnings	0.92	0.78	0.6	0.73	0.68	0.91	0.82	0.59		0.59	0.47	0.78	0.33	0.47	0.58	0.63	0.83	0.52	0.22	0.75	0.77	0.58	0.69	0.3	0.44	-0.64
Accounts Payable	0.8	0.9	0.75	0.91	0.98	0.83	0.88	0.74	0.59		0.7	0.9	0.54	0.7	0.96	0.76	0.64	0.47	0.67	0.91	0.93	0.93	0.7	0.23	0.84	0.03
Cash	0.64	0.66	0.53	0.67	0.73	0.62	0.65	0.5	0.47	0.7		0.65	0.06	1.0	0.69	0.53	0.41	0.22	0.35	0.67	0.76	0.73	0.52	-0.08	0.63	0.07
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		0.53	0.65	0.91	0.84	0.71	0.64	0.73	1.0	0.95	0.82	0.78	0.31	0.85	-0.16
Non Currrent Assets Other	0.41	0.53	0.77	0.49	0.53	0.47	0.51	0.78	0.33	0.54	0.06	0.53		0.06	0.54	0.76	0.36	0.74	0.44	0.54	0.45	0.49	0.71	0.74	0.57	-0.03
Cash And Short Term Investments	0.64	0.66	0.53	0.67	0.73	0.62	0.65	0.5	0.47	0.7	1.0	0.65	0.06		0.69	0.53	0.41	0.22	0.35	0.67	0.76	0.73	0.52	-0.08	0.63	0.07
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	0.54	0.69		0.81	0.67	0.5	0.7	0.93	0.95	0.88	0.74	0.35	0.93	0.11
Non Current Liabilities Total	0.76	0.84	1.0	0.81	0.79	0.79	0.83	1.0	0.63	0.76	0.53	0.84	0.76	0.53	0.81		0.55	0.87	0.59	0.85	0.8	0.7	0.96	0.67	0.87	-0.06
Inventory	0.81	0.72	0.55	0.7	0.67	0.8	0.73	0.54	0.83	0.64	0.41	0.71	0.36	0.41	0.67	0.55		0.36	0.23	0.71	0.79	0.59	0.58	0.35	0.52	-0.39
Other Current Assets	0.51	0.64	0.88	0.55	0.52	0.61	0.63	0.89	0.52	0.47	0.22	0.64	0.74	0.22	0.5	0.87	0.36		0.56	0.63	0.52	0.42	0.82	0.75	0.65	-0.15
Other Stockholder Equity	0.38	0.72	0.61	0.67	0.65	0.56	0.69	0.6	0.22	0.67	0.35	0.73	0.44	0.35	0.7	0.59	0.23	0.56		0.74	0.59	0.54	0.39	0.2	0.78	0.35
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	0.54	0.67	0.93	0.85	0.71	0.63	0.74		0.96	0.83	0.77	0.31	0.88	-0.11
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	0.45	0.76	0.95	0.8	0.79	0.52	0.59	0.96		0.9	0.77	0.3	0.85	-0.13
Short Term Debt	0.77	0.83	0.7	0.84	0.96	0.79	0.81	0.69	0.58	0.93	0.73	0.82	0.49	0.73	0.88	0.7	0.59	0.42	0.54	0.83	0.9		0.69	0.21	0.73	-0.06
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	0.71	0.52	0.74	0.96	0.58	0.82	0.39	0.77	0.77	0.69		0.67	0.76	-0.24
Current Deferred Revenue	0.27	0.31	0.7	0.32	0.27	0.31	0.3	0.71	0.3	0.23	-0.08	0.31	0.74	-0.08	0.35	0.67	0.35	0.75	0.2	0.31	0.3	0.21	0.67		0.43	-0.08
Good Will	0.66	0.86	0.88	0.86	0.84	0.73	0.83	0.87	0.44	0.84	0.63	0.85	0.57	0.63	0.93	0.87	0.52	0.65	0.78	0.88	0.85	0.73	0.76	0.43		0.31
Intangible Assets	-0.46	-0.15	-0.02	-0.04	-0.06	-0.36	-0.2	-0.02	-0.64	0.03	0.07	-0.16	-0.03	0.07	0.11	-0.06	-0.39	-0.15	0.35	-0.11	-0.13	-0.06	-0.24	-0.08	0.31

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	4.1B	3.7B	4.3B	4.7B	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	101.1B	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	8.3B
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	20.0B	21.0B
Net Receivables	3.4B	3.3B	3.0B	3.7B	4.0B	2.4B
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	2.4B	2.5B
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
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	1.6B	1.7B
Good Will	6.3B	5.3B	5.3B	5.2B	5.9B	4.3B
Intangible Assets	536M	487M	445M	406M	368M	643.7M
Long Term Debt Total	44.5B	40.7B	41.8B	45.1B	51.8B	38.7B
Capital Surpluse	10.5B	11.1B	11.7B	11.8B	13.6B	10.0B
Property Plant Equipment	79.9B	80.8B	83.1B	87.6B	100.8B	69.8B

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.

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America

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:

How To Invest In Southern

Details

Is Southern Stock a good investment?

Details

What is Southern's Net Worth?

Details

Largest Electric Utilities Companies

View

Largest Utilities Companies

View

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southern Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.

You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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.

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

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Southern Accounts Payable vs Long Term Debt Analysis

Accounts Payable vs Long Term Debt

Accounts Payable vs Long Term Debt Correlation Analysis

Correlation Coefficient

Accounts Payable

Long Term Debt

Southern fundamental ratios Correlations

Southern Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Southern fundamental ratios Accounts

Also Currently Popular

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

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

Intangible Assets	- 0.64	Retained Earnings
Intangible Assets	- 0.46	Common Stock Shares Outstanding
Intangible Assets	- 0.39	Inventory
Intangible Assets	- 0.36	Total Stockholder Equity
Intangible Assets	- 0.24	Common Stock
Intangible Assets	- 0.2	Property Plant And Equipment Net