Southern Other Current Assets from 2010 to 2024

SOJE Stock  USD 19.76  0.03  0.15%   
Southern Company's Other Current Assets are increasing over the years with slightly volatile fluctuation. Overall, Other Current Assets are expected to go to about 2.5 B this year. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
1993-06-30
Previous Quarter
2.2 B
Current Value
2.2 B
Quarterly Volatility
519.1 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Southern Company financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Southern Company's main balance sheet or income statement drivers, such as Total Revenue of 15.6 B, Gross Profit of 8.3 B or Operating Income of 3.6 B, as well as many indicators such as Price To Sales Ratio of 3.18, Dividend Yield of 0.0593 or PTB Ratio of 1.5. Southern financial statements analysis is a perfect complement when working with Southern Company Valuation or Volatility modules.
  
Check out the analysis of Southern Company Correlation against competitors.
For information on how to trade Southern Stock refer to our How to Trade Southern Stock guide.

Latest Southern Company's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Southern Company Series over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Southern Company's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Southern Company's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Southern Other Current Assets Regression Statistics

Arithmetic Mean1,137,496,667
Geometric Mean903,042,843
Coefficient Of Variation67.86
Mean Deviation676,862,667
Median811,000,000
Standard Deviation771,955,518
Sample Variance595915.3T
Range2.2B
R-Value0.94
Mean Square Error76894.5T
R-Squared0.88
Slope161,943,393
Total Sum of Squares8342814.5T

Southern Other Current Assets History

20242.5 B
20232.4 B
20222.1 B
20211.9 B
20201.7 B
20191.4 B
2018687 M

About Southern Company Financial Statements

Southern Company stakeholders use historical fundamental indicators, such as Southern Company's Other Current Assets, to determine how well the company is positioned to perform in the future. Although Southern Company investors may analyze each financial statement separately, they are all interrelated. For example, changes in Southern Company's assets and liabilities are reflected in the revenues and expenses on Southern Company's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Southern Company Series. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets2.4 B2.5 B

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 the analysis of Southern Company Correlation against competitors.
For information on how to trade Southern Stock refer to our How to Trade Southern Stock guide.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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.