Southern Common Stock vs Short Term Debt Analysis
SOJE Stock | USD 18.97 0.10 0.52% |
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 Common Stock and its Short Term Debt 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.
Common Stock vs Short Term Debt
Common Stock vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southern Company Common Stock account and Short Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Southern Company's Common Stock and Short Term Debt is 0.69. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Short Term Debt 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 Common Stock and Short 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 Common Stock of Southern Company Series are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Common Stock i.e., Southern Company's Common Stock and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.69 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Common Stock
Short Term Debt
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 |
Southern Company fundamental ratios Correlations
Click cells to compare fundamentals
Southern Company Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | 4.1B | 3.7B | 4.3B | 4.2B | 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 | 1.7B | 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 | 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 |
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 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: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 Money Managers module to screen money managers from public funds and ETFs managed around the world.
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.