Southern Sale Purchase Of Stock vs Change To Inventory Analysis

SOJD Stock  USD 21.81  0.08  0.37%   
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 Sale Purchase Of Stock and its Change To Inventory 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.

Sale Purchase Of Stock vs Change To Inventory

Sale Purchase Of Stock vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southern Sale Purchase Of Stock account and Change To Inventory. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Southern's Sale Purchase Of Stock and Change To Inventory is -0.66. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Change To Inventory 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 Sale Purchase Of Stock and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of Southern Co are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Sale Purchase Of Stock i.e., Southern's Sale Purchase Of Stock and Change To Inventory go up and down completely randomly.

Correlation Coefficient

-0.66
Relationship DirectionNegative 
Relationship StrengthWeak

Sale Purchase Of Stock

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.
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 Profit10.1B10.8B11.7B8.3B
Total Revenue23.1B29.3B25.3B15.6B

Southern fundamental ratios Correlations

0.910.730.860.860.970.920.720.920.80.640.90.450.640.80.760.810.510.380.890.910.770.80.930.66-0.46
0.910.830.940.940.971.00.820.780.90.661.00.570.660.920.840.720.640.721.00.960.830.780.890.86-0.15
0.730.830.770.780.770.811.00.60.750.530.830.750.530.811.00.550.880.610.830.790.70.950.710.88-0.02
0.860.940.770.960.90.930.760.720.920.720.940.50.720.940.790.670.520.650.940.950.860.740.920.86-0.02
0.860.940.780.960.890.920.770.680.980.730.930.590.730.950.790.670.520.650.940.970.960.750.910.84-0.06
0.970.970.770.90.890.980.760.910.830.620.970.50.620.840.790.80.610.560.960.940.790.780.90.73-0.36
0.921.00.810.930.920.980.80.820.880.641.00.550.640.90.830.730.630.690.990.950.810.770.890.83-0.21
0.720.821.00.760.770.760.80.590.740.50.820.760.50.81.00.540.890.60.820.780.690.950.690.87-0.02
0.920.780.60.720.680.910.820.590.590.470.780.340.470.580.630.830.520.220.750.770.580.690.790.44-0.64
0.80.90.750.920.980.830.880.740.590.70.90.60.70.960.760.640.470.670.910.930.930.70.870.840.03
0.640.660.530.720.730.620.640.50.470.70.650.121.00.690.530.410.220.350.670.760.730.520.760.630.07
0.91.00.830.940.930.971.00.820.780.90.650.570.650.910.840.710.640.731.00.950.820.780.880.85-0.16
0.450.570.750.50.590.50.550.760.340.60.120.570.120.580.750.360.690.470.580.490.550.690.440.58-0.02
0.640.660.530.720.730.620.640.50.470.71.00.650.120.690.530.410.220.350.670.760.730.520.760.630.07
0.80.920.810.940.950.840.90.80.580.960.690.910.580.690.810.670.50.70.930.950.880.740.90.930.11
0.760.841.00.790.790.790.831.00.630.760.530.840.750.530.810.550.870.590.850.80.70.960.730.87-0.06
0.810.720.550.670.670.80.730.540.830.640.410.710.360.410.670.550.360.230.710.790.590.580.790.52-0.39
0.510.640.880.520.520.610.630.890.520.470.220.640.690.220.50.870.360.560.630.520.420.820.370.65-0.15
0.380.720.610.650.650.560.690.60.220.670.350.730.470.350.70.590.230.560.740.590.540.390.410.780.35
0.891.00.830.940.940.960.990.820.750.910.671.00.580.670.930.850.710.630.740.960.830.770.890.88-0.11
0.910.960.790.950.970.940.950.780.770.930.760.950.490.760.950.80.790.520.590.960.90.770.960.85-0.13
0.770.830.70.860.960.790.810.690.580.930.730.820.550.730.880.70.590.420.540.830.90.690.850.73-0.06
0.80.780.950.740.750.780.770.950.690.70.520.780.690.520.740.960.580.820.390.770.770.690.740.76-0.24
0.930.890.710.920.910.90.890.690.790.870.760.880.440.760.90.730.790.370.410.890.960.850.740.76-0.18
0.660.860.880.860.840.730.830.870.440.840.630.850.580.630.930.870.520.650.780.880.850.730.760.760.31
-0.46-0.15-0.02-0.02-0.06-0.36-0.21-0.02-0.640.030.07-0.16-0.020.070.11-0.06-0.39-0.150.35-0.11-0.13-0.06-0.24-0.180.31
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 Liab4.2B4.1B3.7B4.3B4.2B2.6B
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 Earnings10.9B11.3B10.9B11.5B12.5B8.3B
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
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 Assets1.4B1.7B1.9B2.1B2.4B2.5B
Other Stockholder Equity11.7B11.8B11.9B13.6B13.7B6.9B
Total Liab86.7B90.4B95.0B100.4B104.1B52.1B
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 Will6.3B5.3B5.3B5.2B5.9B4.3B
Intangible Assets536M487M445M406M368M643.7M
Long Term Debt Total44.5B40.7B41.8B45.1B51.8B38.7B
Capital Surpluse10.5B11.1B11.7B11.8B13.6B10.0B
Property Plant Equipment79.9B80.8B83.1B87.6B100.8B69.8B

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.
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 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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.