Southern Total Assets vs Common Stock Analysis
SOU Stock | CAD 0.10 0.01 11.11% |
Southern Energy financial indicator trend analysis is much more than just breaking down Southern Energy Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Southern Energy Corp is a good investment. Please check the relationship between Southern Energy Total Assets and its Common Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southern Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Total Assets vs Common Stock
Total Assets vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southern Energy Corp Total Assets account and Common Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Southern Energy's Total Assets and Common Stock is 0.91. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Common Stock in the same time period over historical financial statements of Southern Energy Corp, assuming nothing else is changed. The correlation between historical values of Southern Energy's Total Assets and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Southern Energy Corp are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Assets i.e., Southern Energy's Total Assets and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of Southern Energy 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 Energy Corp 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.Common Stock
Most indicators from Southern Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Southern Energy Corp 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 Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Southern Energy's Selling General Administrative is fairly stable compared to the past year. Tax Provision is expected to grow at the current pace this year, whereas Enterprise Value Over EBITDA is likely to drop (1.27) in 2024.
Southern Energy fundamental ratios Correlations
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Southern Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Southern Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 37.6M | 30.3M | 46.2M | 97.7M | 67.3M | 70.7M | |
Other Current Liab | 80.4K | 370.9K | 632K | 5.1M | 10K | 9.5K | |
Total Current Liabilities | 6.7M | 19.9M | 9.8M | 17.4M | 19.9M | 20.9M | |
Total Stockholder Equity | 7.6M | 243.9K | 23.8M | 67.4M | 25.8M | 14.7M | |
Property Plant And Equipment Net | 34.5M | 27.5M | 33.6M | 60.0M | 59.7M | 62.7M | |
Net Debt | 19.3M | 18.4M | 536K | (20.9M) | 12.7M | 13.4M | |
Retained Earnings | (23.7M) | (33.2M) | (23.9M) | (14.6M) | (61.4M) | (58.3M) | |
Cash | 324.6K | 908.1K | 9.6M | 28.4M | 3.1M | 5.2M | |
Non Current Assets Total | 34.6M | 27.5M | 33.6M | 60.0M | 59.9M | 62.9M | |
Cash And Short Term Investments | 324.6K | 908.1K | 9.6M | 28.4M | 32.6M | 34.2M | |
Net Receivables | 1.8M | 1.7M | 2.5M | 3.7M | 4.3M | 4.5M | |
Common Stock Shares Outstanding | 26.9M | 27.6M | 55.0M | 123.0M | 165.7M | 174.0M | |
Liabilities And Stockholders Equity | 37.6M | 30.3M | 46.2M | 97.7M | 112.3M | 117.9M | |
Non Current Liabilities Total | 23.4M | 10.1M | 12.6M | 12.8M | 21.6M | 22.7M | |
Other Current Assets | 1.2M | 312K | 591.2K | 7.5M | 8.6M | 9.1M | |
Other Stockholder Equity | 4.6M | 4.9M | 7.4M | 7.5M | 6.8M | 8.8M | |
Total Liab | 30.0M | 30.1M | 22.4M | 30.3M | 41.5M | 43.6M | |
Total Current Assets | 3.1M | 2.8M | 12.6M | 37.6M | 7.4M | 7.9M | |
Other Liab | 5.3M | 4.3M | 3.8M | 6.6M | 7.6M | 4.2M | |
Net Tangible Assets | 9.9M | 243K | 23.8M | 67.4M | 77.5M | 81.4M | |
Accounts Payable | 2.0M | 1.8M | 3.4M | 11.1M | 5.5M | 3.1M | |
Common Stock | 27.1M | 27.8M | 41.0M | 75.3M | 86.6M | 90.9M | |
Property Plant Equipment | 45.0M | 27.5M | 33.6M | 60.0M | 69.0M | 72.5M | |
Net Invested Capital | 34.8M | 7.8M | 32.4M | 73.5M | 41.7M | 33.2M | |
Net Working Capital | (4.7M) | (21.8M) | 2.8M | 20.2M | (12.5M) | (11.9M) | |
Short Long Term Debt Total | 19.6M | 19.3M | 10.2M | 7.5M | 6.7M | 11.5M | |
Accumulated Other Comprehensive Income | (372.1K) | 709.7K | (675K) | (790K) | (711K) | (675.5K) | |
Capital Stock | 27.1M | 27.8M | 41.0M | 75.3M | 79.8M | 50.6M | |
Short Term Debt | 292.4K | 13.5M | 1.3M | 1.2M | 1.1M | 1.0M |
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Additional Tools for Southern Stock Analysis
When running Southern Energy's price analysis, check to measure Southern Energy'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 Energy is operating at the current time. Most of Southern Energy's value examination focuses on studying past and present price action to predict the probability of Southern Energy'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 Energy's price. Additionally, you may evaluate how the addition of Southern Energy to your portfolios can decrease your overall portfolio volatility.