Southern Capital Expenditures vs Dividends Paid Analysis

SOJE Stock

USD 22.24 0.02 0.09%

Southern Company financial indicator trend analysis is much more than just breaking down Southern Company prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Southern Company is a good investment. Please check the relationship between Southern Company Capital Expenditures and its Dividends Paid accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southern Company Series. 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.

For information on how to trade Southern Stock refer to our How to Trade Southern Stock guide.

Capital Expenditures vs Dividends Paid

Capital Expenditures vs Dividends Paid Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southern Company Capital Expenditures account and Dividends Paid. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Southern Company's Capital Expenditures and Dividends Paid is 0.92. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Southern Company Series, assuming nothing else is changed. The correlation between historical values of Southern Company's Capital Expenditures and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Southern Company Series are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Capital Expenditures i.e., Southern Company's Capital Expenditures and Dividends Paid go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Capital Expenditures

Capital Expenditures are funds used by Southern Company to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Southern Company operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.

Most indicators from Southern Company's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Southern Company 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 Company Series. 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.

For information on how to trade Southern Stock refer to our How to Trade Southern Stock guide.The current year's Tax Provision is expected to grow to about 885.9 M, whereas Selling General Administrative 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 Company 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	0.87	0.86	0.97	0.92	0.72	0.92	0.8	0.64	0.9	0.45	0.64	0.8	0.76	0.81	0.53	0.38	0.89	0.91	0.77	0.8	0.93	0.66	-0.46
Total Assets	0.91		0.83	0.97	0.94	0.97	1.0	0.82	0.78	0.9	0.66	1.0	0.57	0.66	0.92	0.84	0.72	0.65	0.72	1.0	0.96	0.83	0.78	0.89	0.86	-0.15
Short Long Term Debt Total	0.73	0.83		0.81	0.78	0.77	0.81	1.0	0.6	0.75	0.53	0.83	0.75	0.53	0.81	1.0	0.55	0.9	0.61	0.83	0.79	0.7	0.95	0.71	0.88	-0.02
Other Current Liab	0.87	0.97	0.81		0.93	0.94	0.97	0.81	0.76	0.89	0.64	0.97	0.56	0.64	0.92	0.83	0.7	0.64	0.71	0.98	0.94	0.81	0.76	0.89	0.87	-0.07
Total Current Liabilities	0.86	0.94	0.78	0.93		0.89	0.92	0.77	0.68	0.98	0.73	0.93	0.59	0.73	0.95	0.79	0.67	0.55	0.65	0.94	0.97	0.96	0.75	0.91	0.84	-0.06
Total Stockholder Equity	0.97	0.97	0.77	0.94	0.89		0.98	0.76	0.91	0.83	0.62	0.97	0.5	0.62	0.84	0.79	0.8	0.62	0.56	0.96	0.94	0.79	0.78	0.9	0.73	-0.36
Property Plant And Equipment Net	0.92	1.0	0.81	0.97	0.92	0.98		0.8	0.82	0.88	0.64	1.0	0.55	0.64	0.9	0.83	0.73	0.64	0.69	0.99	0.95	0.81	0.77	0.89	0.83	-0.21
Net Debt	0.72	0.82	1.0	0.81	0.77	0.76	0.8		0.59	0.74	0.5	0.82	0.76	0.5	0.8	1.0	0.54	0.9	0.6	0.82	0.78	0.69	0.95	0.69	0.87	-0.02
Retained Earnings	0.92	0.78	0.6	0.76	0.68	0.91	0.82	0.59		0.59	0.47	0.78	0.34	0.47	0.58	0.63	0.83	0.52	0.22	0.75	0.77	0.58	0.69	0.79	0.44	-0.64
Accounts Payable	0.8	0.9	0.75	0.89	0.98	0.83	0.88	0.74	0.59		0.7	0.9	0.6	0.7	0.96	0.76	0.64	0.5	0.67	0.91	0.93	0.93	0.7	0.87	0.84	0.03
Cash	0.64	0.66	0.53	0.64	0.73	0.62	0.64	0.5	0.47	0.7		0.65	0.12	1.0	0.69	0.53	0.41	0.28	0.35	0.67	0.76	0.73	0.52	0.76	0.63	0.07
Non Current Assets Total	0.9	1.0	0.83	0.97	0.93	0.97	1.0	0.82	0.78	0.9	0.65		0.57	0.65	0.91	0.84	0.71	0.65	0.73	1.0	0.95	0.82	0.78	0.88	0.85	-0.16
Non Currrent Assets Other	0.45	0.57	0.75	0.56	0.59	0.5	0.55	0.76	0.34	0.6	0.12	0.57		0.12	0.58	0.75	0.36	0.65	0.47	0.58	0.49	0.55	0.69	0.44	0.58	-0.02
Cash And Short Term Investments	0.64	0.66	0.53	0.64	0.73	0.62	0.64	0.5	0.47	0.7	1.0	0.65	0.12		0.69	0.53	0.41	0.28	0.35	0.67	0.76	0.73	0.52	0.76	0.63	0.07
Net Receivables	0.8	0.92	0.81	0.92	0.95	0.84	0.9	0.8	0.58	0.96	0.69	0.91	0.58	0.69		0.81	0.67	0.55	0.7	0.93	0.95	0.88	0.74	0.9	0.93	0.11
Non Current Liabilities Total	0.76	0.84	1.0	0.83	0.79	0.79	0.83	1.0	0.63	0.76	0.53	0.84	0.75	0.53	0.81		0.55	0.88	0.59	0.85	0.8	0.7	0.96	0.73	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		0.38	0.23	0.71	0.79	0.59	0.58	0.79	0.52	-0.39
Other Current Assets	0.53	0.65	0.9	0.64	0.55	0.62	0.64	0.9	0.52	0.5	0.28	0.65	0.65	0.28	0.55	0.88	0.38		0.56	0.64	0.57	0.47	0.85	0.41	0.67	-0.12
Other Stockholder Equity	0.38	0.72	0.61	0.71	0.65	0.56	0.69	0.6	0.22	0.67	0.35	0.73	0.47	0.35	0.7	0.59	0.23	0.56		0.74	0.59	0.54	0.39	0.41	0.78	0.35
Total Liab	0.89	1.0	0.83	0.98	0.94	0.96	0.99	0.82	0.75	0.91	0.67	1.0	0.58	0.67	0.93	0.85	0.71	0.64	0.74		0.96	0.83	0.77	0.89	0.88	-0.11
Total Current Assets	0.91	0.96	0.79	0.94	0.97	0.94	0.95	0.78	0.77	0.93	0.76	0.95	0.49	0.76	0.95	0.8	0.79	0.57	0.59	0.96		0.9	0.77	0.96	0.85	-0.13
Short Term Debt	0.77	0.83	0.7	0.81	0.96	0.79	0.81	0.69	0.58	0.93	0.73	0.82	0.55	0.73	0.88	0.7	0.59	0.47	0.54	0.83	0.9		0.69	0.85	0.73	-0.06
Common Stock	0.8	0.78	0.95	0.76	0.75	0.78	0.77	0.95	0.69	0.7	0.52	0.78	0.69	0.52	0.74	0.96	0.58	0.85	0.39	0.77	0.77	0.69		0.74	0.76	-0.24
Current Deferred Revenue	0.93	0.89	0.71	0.89	0.91	0.9	0.89	0.69	0.79	0.87	0.76	0.88	0.44	0.76	0.9	0.73	0.79	0.41	0.41	0.89	0.96	0.85	0.74		0.76	-0.18
Good Will	0.66	0.86	0.88	0.87	0.84	0.73	0.83	0.87	0.44	0.84	0.63	0.85	0.58	0.63	0.93	0.87	0.52	0.67	0.78	0.88	0.85	0.73	0.76	0.76		0.31
Intangible Assets	-0.46	-0.15	-0.02	-0.07	-0.06	-0.36	-0.21	-0.02	-0.64	0.03	0.07	-0.16	-0.02	0.07	0.11	-0.06	-0.39	-0.12	0.35	-0.11	-0.13	-0.06	-0.24	-0.18	0.31

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Southern Company Account Relationship Matchups

Southern Company 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	4.4B	4.4B	4.6B	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	8.3B
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	16.8B	17.6B
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	1.2B	1.4B	1.6B	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
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	4.3B
Intangible Assets	536M	487M	445M	406M	368M	643.7M
Other Assets	12.4B	19.0B	16.9B	17.8B	20.4B	17.3B
Long Term Debt	44.5B	40.7B	41.6B	44.9B	51.6B	47.1B
Capital Surpluse	11.7B	11.8B	12.0B	13.7B	15.7B	12.6B
Treasury Stock	(42M)	(46M)	(47M)	(53M)	(47.7M)	(50.1M)
Property Plant Equipment	9.7B	10.5B	91.1B	94.6B	108.8B	114.2B

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Additional Information and Resources on Investing in Southern Stock

When determining whether Southern Company is a strong investment it is important to analyze Southern Company'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 Company's future performance. For an informed investment choice regarding Southern Stock, refer to the following important reports:

How To Invest In Southern

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Is Southern Stock a good investment?

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What is Southern Company's Net Worth?

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southern Company Series. 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.

For information on how to trade Southern Stock refer to our How to Trade Southern Stock guide.

You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Is 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 Company. 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 Company listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Return On Equity

0.1204

The market value of Southern Company 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 Company's value that differs from its market value or its book value, called intrinsic value, which is Southern Company'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 Company's market value can be influenced by many factors that don't directly affect Southern Company'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 Company's value and its price as these two are different measures arrived at by different means. Investors typically determine if Southern Company is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Southern Company'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.

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Southern Capital Expenditures vs Dividends Paid Analysis

Capital Expenditures vs Dividends Paid

Capital Expenditures vs Dividends Paid Correlation Analysis

Correlation Coefficient

Capital Expenditures

Dividends Paid

Southern Company fundamental ratios Correlations

Southern Company Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Southern Company fundamental ratios Accounts

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Additional Information and Resources on Investing in Southern Stock

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	- 0.21	Property Plant And Equipment Net