Southern Cash vs Other Current Assets Analysis

SOU Stock  CAD 0.12  0.02  20.00%   
Southern Energy financial indicator trend analysis is much more than just breaking down Southern Energy Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Southern Energy Corp is a good investment. Please check the relationship between Southern Energy Cash and its Other Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southern Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Cash vs Other Current Assets

Cash vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southern Energy Corp Cash account and Other Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Southern Energy's Cash and Other Current Assets is 0.46. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Southern Energy Corp, assuming nothing else is changed. The correlation between historical values of Southern Energy's Cash and Other Current Assets 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 Energy Corp are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Cash i.e., Southern Energy's Cash and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Cash

Cash refers to the most liquid asset of Southern Energy Corp, which is listed under current asset account on Southern Energy Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Southern Energy customers. The amounts must be unrestricted with restricted cash listed in a different Southern Energy 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.

Other Current Assets

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.
Most indicators from Southern Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Southern Energy Corp 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 Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Southern Energy's Selling General Administrative is fairly stable compared to the past year. Tax Provision is expected to grow at the current pace this year, whereas Enterprise Value Over EBITDA is likely to drop (1.07) in 2024.

Southern Energy fundamental ratios Correlations

0.430.830.830.970.1-0.640.650.970.830.880.870.790.86-0.610.870.770.850.890.92-0.550.910.94-0.83-0.910.95
0.430.440.590.27-0.230.210.530.270.10.510.03-0.050.12-0.280.210.720.50.20.470.20.130.26-0.32-0.270.43
0.830.440.470.860.49-0.730.260.860.610.930.710.70.67-0.740.920.470.880.70.65-0.570.750.86-0.89-0.70.67
0.830.590.470.67-0.44-0.170.930.670.680.570.610.390.65-0.310.460.960.60.690.94-0.140.660.61-0.48-0.760.89
0.970.270.860.670.31-0.80.461.00.840.90.920.890.89-0.640.950.590.870.90.83-0.680.940.99-0.88-0.90.89
0.1-0.230.49-0.440.31-0.62-0.650.31-0.040.40.180.550.09-0.530.56-0.470.420.07-0.18-0.410.160.39-0.53-0.01-0.02
-0.640.21-0.73-0.17-0.8-0.620.08-0.8-0.72-0.7-0.85-0.83-0.770.44-0.84-0.03-0.62-0.76-0.410.86-0.82-0.810.690.69-0.48
0.650.530.260.930.46-0.650.080.450.530.320.420.160.46-0.140.220.950.320.490.810.020.460.37-0.26-0.570.72
0.970.270.860.671.00.31-0.80.450.840.90.920.890.89-0.640.950.590.870.90.83-0.690.940.99-0.88-0.90.89
0.830.10.610.680.84-0.04-0.720.530.840.690.960.650.97-0.280.680.550.570.980.74-0.790.960.82-0.5-0.950.73
0.880.510.930.570.90.4-0.70.320.90.690.760.740.73-0.710.910.550.910.80.69-0.610.810.92-0.88-0.770.77
0.870.030.710.610.920.18-0.850.420.920.960.760.80.98-0.420.820.470.670.970.75-0.831.00.9-0.66-0.950.78
0.79-0.050.70.390.890.55-0.830.160.890.650.740.80.74-0.650.920.270.760.730.6-0.670.80.91-0.84-0.710.75
0.860.120.670.650.890.09-0.770.460.890.970.730.980.74-0.350.760.520.650.980.76-0.810.980.88-0.58-0.980.77
-0.61-0.28-0.74-0.31-0.64-0.530.44-0.14-0.64-0.28-0.71-0.42-0.65-0.35-0.76-0.34-0.79-0.39-0.490.25-0.46-0.680.830.4-0.58
0.870.210.920.460.950.56-0.840.220.950.680.910.820.920.76-0.760.40.890.770.68-0.670.840.96-0.94-0.760.77
0.770.720.470.960.59-0.47-0.030.950.590.550.550.470.270.52-0.340.40.550.570.88-0.030.540.52-0.46-0.650.81
0.850.50.880.60.870.42-0.620.320.870.570.910.670.760.65-0.790.890.550.680.75-0.380.710.88-0.9-0.710.81
0.890.20.70.690.90.07-0.760.490.90.980.80.970.730.98-0.390.770.570.680.77-0.80.980.89-0.61-0.970.8
0.920.470.650.940.83-0.18-0.410.810.830.740.690.750.60.76-0.490.680.880.750.77-0.290.790.77-0.68-0.850.96
-0.550.2-0.57-0.14-0.68-0.410.860.02-0.69-0.79-0.61-0.83-0.67-0.810.25-0.67-0.03-0.38-0.8-0.29-0.81-0.720.450.7-0.37
0.910.130.750.660.940.16-0.820.460.940.960.811.00.80.98-0.460.840.540.710.980.79-0.810.93-0.7-0.960.81
0.940.260.860.610.990.39-0.810.370.990.820.920.90.910.88-0.680.960.520.880.890.77-0.720.93-0.87-0.880.86
-0.83-0.32-0.89-0.48-0.88-0.530.69-0.26-0.88-0.5-0.88-0.66-0.84-0.580.83-0.94-0.46-0.9-0.61-0.680.45-0.7-0.870.61-0.77
-0.91-0.27-0.7-0.76-0.9-0.010.69-0.57-0.9-0.95-0.77-0.95-0.71-0.980.4-0.76-0.65-0.71-0.97-0.850.7-0.96-0.880.61-0.85
0.950.430.670.890.89-0.02-0.480.720.890.730.770.780.750.77-0.580.770.810.810.80.96-0.370.810.86-0.77-0.85
Click cells to compare fundamentals

Southern Energy Account Relationship Matchups

Southern Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets37.6M30.3M46.2M97.7M67.3M70.7M
Other Current Liab80.4K370.9K632K5.1M10K9.5K
Total Current Liabilities6.7M19.9M9.8M17.4M19.9M20.9M
Total Stockholder Equity7.6M243.9K23.8M67.4M25.8M14.7M
Property Plant And Equipment Net34.5M27.5M33.6M60.0M59.7M62.7M
Net Debt19.3M18.4M536K(20.9M)12.7M13.4M
Retained Earnings(23.7M)(33.2M)(23.9M)(14.6M)(61.4M)(58.3M)
Cash324.6K908.1K9.6M28.4M3.1M5.2M
Non Current Assets Total34.6M27.5M33.6M60.0M59.9M62.9M
Cash And Short Term Investments324.6K908.1K9.6M28.4M32.6M34.2M
Net Receivables1.8M1.7M2.5M3.7M4.3M4.5M
Common Stock Shares Outstanding26.9M27.6M55.0M123.0M165.7M174.0M
Liabilities And Stockholders Equity37.6M30.3M46.2M97.7M112.3M117.9M
Non Current Liabilities Total23.4M10.1M12.6M12.8M21.6M22.7M
Other Current Assets1.2M312K591.2K7.5M8.6M9.1M
Other Stockholder Equity4.6M4.9M7.4M7.5M6.8M8.8M
Total Liab30.0M30.1M22.4M30.3M41.5M43.6M
Total Current Assets3.1M2.8M12.6M37.6M7.4M7.9M
Other Liab5.3M4.3M3.8M6.6M7.6M4.2M
Net Tangible Assets9.9M243K23.8M67.4M77.5M81.4M
Accounts Payable2.0M1.8M3.4M11.1M5.5M3.1M
Common Stock27.1M27.8M41.0M75.3M86.6M90.9M
Property Plant Equipment45.0M27.5M33.6M60.0M69.0M72.5M
Net Invested Capital34.8M7.8M32.4M73.5M41.7M33.2M
Net Working Capital(4.7M)(21.8M)2.8M20.2M(12.5M)(11.9M)
Short Long Term Debt Total19.6M19.3M10.2M7.5M6.7M11.5M
Accumulated Other Comprehensive Income(372.1K)709.7K(675K)(790K)(711K)(675.5K)
Capital Stock27.1M27.8M41.0M75.3M79.8M50.6M
Short Term Debt292.4K13.5M1.3M1.2M1.1M1.0M

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When running Southern Energy's price analysis, check to measure Southern Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Southern Energy is operating at the current time. Most of Southern Energy's value examination focuses on studying past and present price action to predict the probability of Southern Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southern Energy's price. Additionally, you may evaluate how the addition of Southern Energy to your portfolios can decrease your overall portfolio volatility.