Southern Cash vs Total Current Liabilities Analysis
SOJD Stock | USD 21.83 0.03 0.14% |
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 Cash and its Total Current Liabilities 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.
Cash vs Total Current Liabilities
Cash vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southern Cash account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Southern's Cash and Total Current Liabilities is 0.73. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Current Liabilities 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 Cash and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Southern Co are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Cash i.e., Southern's Cash and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.73 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cash
Cash refers to the most liquid asset of Southern, which is listed under current asset account on Southern Co balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Southern customers. The amounts must be unrestricted with restricted cash listed in a different Southern account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Total Current Liabilities
Total Current Liabilities is an item on Southern balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Southern Co are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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 |
Southern fundamental ratios Correlations
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Southern Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | 4.2B | 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 | |
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 |
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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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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.