Southern Other Stockholder Equity vs Cash Analysis

SOJE Stock  USD 19.76  0.03  0.15%   
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 Other Stockholder Equity and its Cash 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.

Other Stockholder Equity vs Cash

Other Stockholder Equity vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southern Company Other Stockholder Equity account and Cash. At this time, the significance of the direction appears to have weak relationship.
The correlation between Southern Company's Other Stockholder Equity and Cash is 0.35. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Cash 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 Other Stockholder Equity and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Southern Company Series are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Stockholder Equity i.e., Southern Company's Other Stockholder Equity and Cash go up and down completely randomly.

Correlation Coefficient

0.35
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Stockholder Equity

Cash

Cash refers to the most liquid asset of Southern Company, which is listed under current asset account on Southern Company Series balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Southern Company customers. The amounts must be unrestricted with restricted cash listed in a different Southern Company 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.
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 Profit10.1B10.8B11.7B8.3B
Total Revenue23.1B29.3B25.3B15.6B

Southern Company fundamental ratios Correlations

0.910.730.860.860.970.920.720.920.80.640.90.450.640.80.760.810.510.380.890.910.770.80.930.66-0.46
0.910.830.940.940.971.00.820.780.90.661.00.570.660.920.840.720.640.721.00.960.830.780.890.86-0.15
0.730.830.770.780.770.811.00.60.750.530.830.750.530.811.00.550.880.610.830.790.70.950.710.88-0.02
0.860.940.770.960.90.930.760.720.920.720.940.50.720.940.790.670.520.650.940.950.860.740.920.86-0.02
0.860.940.780.960.890.920.770.680.980.730.930.590.730.950.790.670.520.650.940.970.960.750.910.84-0.06
0.970.970.770.90.890.980.760.910.830.620.970.50.620.840.790.80.610.560.960.940.790.780.90.73-0.36
0.921.00.810.930.920.980.80.820.880.641.00.550.640.90.830.730.630.690.990.950.810.770.890.83-0.21
0.720.821.00.760.770.760.80.590.740.50.820.760.50.81.00.540.890.60.820.780.690.950.690.87-0.02
0.920.780.60.720.680.910.820.590.590.470.780.340.470.580.630.830.520.220.750.770.580.690.790.44-0.64
0.80.90.750.920.980.830.880.740.590.70.90.60.70.960.760.640.470.670.910.930.930.70.870.840.03
0.640.660.530.720.730.620.640.50.470.70.650.121.00.690.530.410.220.350.670.760.730.520.760.630.07
0.91.00.830.940.930.971.00.820.780.90.650.570.650.910.840.710.640.731.00.950.820.780.880.85-0.16
0.450.570.750.50.590.50.550.760.340.60.120.570.120.580.750.360.690.470.580.490.550.690.440.58-0.02
0.640.660.530.720.730.620.640.50.470.71.00.650.120.690.530.410.220.350.670.760.730.520.760.630.07
0.80.920.810.940.950.840.90.80.580.960.690.910.580.690.810.670.50.70.930.950.880.740.90.930.11
0.760.841.00.790.790.790.831.00.630.760.530.840.750.530.810.550.870.590.850.80.70.960.730.87-0.06
0.810.720.550.670.670.80.730.540.830.640.410.710.360.410.670.550.360.230.710.790.590.580.790.52-0.39
0.510.640.880.520.520.610.630.890.520.470.220.640.690.220.50.870.360.560.630.520.420.820.370.65-0.15
0.380.720.610.650.650.560.690.60.220.670.350.730.470.350.70.590.230.560.740.590.540.390.410.780.35
0.891.00.830.940.940.960.990.820.750.910.671.00.580.670.930.850.710.630.740.960.830.770.890.88-0.11
0.910.960.790.950.970.940.950.780.770.930.760.950.490.760.950.80.790.520.590.960.90.770.960.85-0.13
0.770.830.70.860.960.790.810.690.580.930.730.820.550.730.880.70.590.420.540.830.90.690.850.73-0.06
0.80.780.950.740.750.780.770.950.690.70.520.780.690.520.740.960.580.820.390.770.770.690.740.76-0.24
0.930.890.710.920.910.90.890.690.790.870.760.880.440.760.90.730.790.370.410.890.960.850.740.76-0.18
0.660.860.880.860.840.730.830.870.440.840.630.850.580.630.930.870.520.650.780.880.850.730.760.760.31
-0.46-0.15-0.02-0.02-0.06-0.36-0.21-0.02-0.640.030.07-0.16-0.020.070.11-0.06-0.39-0.150.35-0.11-0.13-0.06-0.24-0.180.31
Click cells to compare fundamentals

Southern Company Account Relationship Matchups

Southern Company fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding1.1B1.1B1.1B1.1B1.1B847.2M
Total Assets118.7B122.9B127.5B134.9B139.3B72.0B
Short Long Term Debt Total48.7B51.0B55.5B59.1B63.5B66.7B
Other Current Liab4.2B4.1B3.7B4.3B4.2B2.6B
Total Current Liabilities12.5B12.1B10.9B15.7B13.5B8.3B
Total Stockholder Equity27.8B28.3B28.2B30.4B31.4B18.7B
Property Plant And Equipment Net86.1B90.4B93.5B96.7B101.9B53.2B
Net Debt46.7B50.0B53.7B57.2B62.7B65.9B
Retained Earnings10.9B11.3B10.9B11.5B12.5B8.3B
Accounts Payable2.6B2.8B2.2B3.5B2.9B1.8B
Non Current Assets Total108.9B114.3B118.6B124.5B128.9B65.6B
Non Currrent Assets Other601M11.2B12.0B17.8B16.8B17.6B
Net Receivables3.4B3.3B3.0B3.7B4.0B2.4B
Liabilities And Stockholders Equity118.7B122.9B127.5B134.9B139.3B72.0B
Non Current Liabilities Total74.1B78.3B84.0B84.6B90.6B95.2B
Inventory2.4B2.5B2.4B2.7B3.4B1.9B
Other Current Assets1.4B1.7B1.9B2.1B2.4B2.5B
Other Stockholder Equity11.7B11.8B11.9B13.6B13.7B6.9B
Total Liab86.7B90.4B95.0B100.4B104.1B52.1B
Total Current Assets9.8B8.6B9.0B10.4B10.4B6.4B
Accumulated Other Comprehensive Income(321M)(395M)(238M)(167M)(177M)(185.9M)
Short Term Debt5.3B4.4B3.8B7.1B5.0B3.6B
Common Stock5.3B5.3B5.3B5.4B5.4B5.9B
Current Deferred Revenue496M487M479M502M503M356.0M
Good Will6.3B5.3B5.3B5.2B5.9B4.3B
Intangible Assets536M487M445M406M368M643.7M
Other Assets12.4B19.0B16.9B17.8B20.4B17.3B
Long Term Debt44.5B40.7B41.6B44.9B51.6B47.1B
Capital Surpluse11.7B11.8B12.0B13.7B15.7B12.6B
Treasury Stock(42M)(46M)(47M)(53M)(47.7M)(50.1M)
Property Plant Equipment9.7B10.5B91.1B94.6B108.8B114.2B

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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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.