Southern Inventory Turnover vs Capex To Depreciation Analysis

SOU Stock

CAD 0.10 0.01 11.11%

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 Inventory Turnover and its Capex To Depreciation 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.

Inventory Turnover vs Capex To Depreciation

Inventory Turnover vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southern Energy Corp Inventory Turnover account and Capex To Depreciation. At this time, the significance of the direction appears to have weak relationship.

The correlation between Southern Energy's Inventory Turnover and Capex To Depreciation is 0.36. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Capex To Depreciation 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 Inventory Turnover and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory Turnover of Southern Energy Corp are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Inventory Turnover i.e., Southern Energy's Inventory Turnover and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

0.36

Relationship Direction	Positive
Relationship Strength	Very Weak

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Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

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

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Other Liab	Net Tangible Assets	Accounts Payable	Short Term Investments	Common Stock	Property Plant Equipment	Non Currrent Assets Other	Inventory	Net Invested Capital
Total Assets		0.43	0.83	0.83	0.97	0.1	-0.64	0.65	0.97	0.83	0.88	0.87	0.79	0.86	-0.61	0.87	0.77	0.85	0.89	0.92	-0.55	0.91	0.94	-0.83	-0.91	0.95
Other Current Liab	0.43		0.44	0.59	0.27	-0.23	0.21	0.53	0.27	0.1	0.51	0.03	-0.05	0.12	-0.28	0.21	0.72	0.5	0.2	0.47	0.2	0.13	0.26	-0.32	-0.27	0.43
Total Current Liabilities	0.83	0.44		0.47	0.86	0.49	-0.73	0.26	0.86	0.61	0.93	0.71	0.7	0.67	-0.74	0.92	0.47	0.88	0.7	0.65	-0.57	0.75	0.86	-0.89	-0.7	0.67
Total Stockholder Equity	0.83	0.59	0.47		0.67	-0.44	-0.17	0.93	0.67	0.68	0.57	0.61	0.39	0.65	-0.31	0.46	0.96	0.6	0.69	0.94	-0.14	0.66	0.61	-0.48	-0.76	0.89
Property Plant And Equipment Net	0.97	0.27	0.86	0.67		0.31	-0.8	0.46	1.0	0.84	0.9	0.92	0.89	0.89	-0.64	0.95	0.59	0.87	0.9	0.83	-0.68	0.94	0.99	-0.88	-0.9	0.89
Net Debt	0.1	-0.23	0.49	-0.44	0.31		-0.62	-0.65	0.31	-0.04	0.4	0.18	0.55	0.09	-0.53	0.56	-0.47	0.42	0.07	-0.18	-0.41	0.16	0.39	-0.53	-0.01	-0.02
Retained Earnings	-0.64	0.21	-0.73	-0.17	-0.8	-0.62		0.08	-0.8	-0.72	-0.7	-0.85	-0.83	-0.77	0.44	-0.84	-0.03	-0.62	-0.76	-0.41	0.86	-0.82	-0.81	0.69	0.69	-0.48
Cash	0.65	0.53	0.26	0.93	0.46	-0.65	0.08		0.45	0.53	0.32	0.42	0.16	0.46	-0.14	0.22	0.95	0.32	0.49	0.81	0.02	0.46	0.37	-0.26	-0.57	0.72
Non Current Assets Total	0.97	0.27	0.86	0.67	1.0	0.31	-0.8	0.45		0.84	0.9	0.92	0.89	0.89	-0.64	0.95	0.59	0.87	0.9	0.83	-0.69	0.94	0.99	-0.88	-0.9	0.89
Cash And Short Term Investments	0.83	0.1	0.61	0.68	0.84	-0.04	-0.72	0.53	0.84		0.69	0.96	0.65	0.97	-0.28	0.68	0.55	0.57	0.98	0.74	-0.79	0.96	0.82	-0.5	-0.95	0.73
Net Receivables	0.88	0.51	0.93	0.57	0.9	0.4	-0.7	0.32	0.9	0.69		0.76	0.74	0.73	-0.71	0.91	0.55	0.91	0.8	0.69	-0.61	0.81	0.92	-0.88	-0.77	0.77
Common Stock Shares Outstanding	0.87	0.03	0.71	0.61	0.92	0.18	-0.85	0.42	0.92	0.96	0.76		0.8	0.98	-0.42	0.82	0.47	0.67	0.97	0.75	-0.83	1.0	0.9	-0.66	-0.95	0.78
Non Current Liabilities Total	0.79	-0.05	0.7	0.39	0.89	0.55	-0.83	0.16	0.89	0.65	0.74	0.8		0.74	-0.65	0.92	0.27	0.76	0.73	0.6	-0.67	0.8	0.91	-0.84	-0.71	0.75
Other Current Assets	0.86	0.12	0.67	0.65	0.89	0.09	-0.77	0.46	0.89	0.97	0.73	0.98	0.74		-0.35	0.76	0.52	0.65	0.98	0.76	-0.81	0.98	0.88	-0.58	-0.98	0.77
Other Stockholder Equity	-0.61	-0.28	-0.74	-0.31	-0.64	-0.53	0.44	-0.14	-0.64	-0.28	-0.71	-0.42	-0.65	-0.35		-0.76	-0.34	-0.79	-0.39	-0.49	0.25	-0.46	-0.68	0.83	0.4	-0.58
Total Liab	0.87	0.21	0.92	0.46	0.95	0.56	-0.84	0.22	0.95	0.68	0.91	0.82	0.92	0.76	-0.76		0.4	0.89	0.77	0.68	-0.67	0.84	0.96	-0.94	-0.76	0.77
Total Current Assets	0.77	0.72	0.47	0.96	0.59	-0.47	-0.03	0.95	0.59	0.55	0.55	0.47	0.27	0.52	-0.34	0.4		0.55	0.57	0.88	-0.03	0.54	0.52	-0.46	-0.65	0.81
Other Liab	0.85	0.5	0.88	0.6	0.87	0.42	-0.62	0.32	0.87	0.57	0.91	0.67	0.76	0.65	-0.79	0.89	0.55		0.68	0.75	-0.38	0.71	0.88	-0.9	-0.71	0.81
Net Tangible Assets	0.89	0.2	0.7	0.69	0.9	0.07	-0.76	0.49	0.9	0.98	0.8	0.97	0.73	0.98	-0.39	0.77	0.57	0.68		0.77	-0.8	0.98	0.89	-0.61	-0.97	0.8
Accounts Payable	0.92	0.47	0.65	0.94	0.83	-0.18	-0.41	0.81	0.83	0.74	0.69	0.75	0.6	0.76	-0.49	0.68	0.88	0.75	0.77		-0.29	0.79	0.77	-0.68	-0.85	0.96
Short Term Investments	-0.55	0.2	-0.57	-0.14	-0.68	-0.41	0.86	0.02	-0.69	-0.79	-0.61	-0.83	-0.67	-0.81	0.25	-0.67	-0.03	-0.38	-0.8	-0.29		-0.81	-0.72	0.45	0.7	-0.37
Common Stock	0.91	0.13	0.75	0.66	0.94	0.16	-0.82	0.46	0.94	0.96	0.81	1.0	0.8	0.98	-0.46	0.84	0.54	0.71	0.98	0.79	-0.81		0.93	-0.7	-0.96	0.81
Property Plant Equipment	0.94	0.26	0.86	0.61	0.99	0.39	-0.81	0.37	0.99	0.82	0.92	0.9	0.91	0.88	-0.68	0.96	0.52	0.88	0.89	0.77	-0.72	0.93		-0.87	-0.88	0.86
Non Currrent Assets Other	-0.83	-0.32	-0.89	-0.48	-0.88	-0.53	0.69	-0.26	-0.88	-0.5	-0.88	-0.66	-0.84	-0.58	0.83	-0.94	-0.46	-0.9	-0.61	-0.68	0.45	-0.7	-0.87		0.61	-0.77
Inventory	-0.91	-0.27	-0.7	-0.76	-0.9	-0.01	0.69	-0.57	-0.9	-0.95	-0.77	-0.95	-0.71	-0.98	0.4	-0.76	-0.65	-0.71	-0.97	-0.85	0.7	-0.96	-0.88	0.61		-0.85
Net Invested Capital	0.95	0.43	0.67	0.89	0.89	-0.02	-0.48	0.72	0.89	0.73	0.77	0.78	0.75	0.77	-0.58	0.77	0.81	0.81	0.8	0.96	-0.37	0.81	0.86	-0.77	-0.85

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Southern Energy Account Relationship Matchups

Southern Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	37.6M	30.3M	46.2M	97.7M	67.3M	70.7M
Other Current Liab	80.4K	370.9K	632K	5.1M	10K	9.5K
Total Current Liabilities	6.7M	19.9M	9.8M	17.4M	19.9M	20.9M
Total Stockholder Equity	7.6M	243.9K	23.8M	67.4M	25.8M	14.7M
Property Plant And Equipment Net	34.5M	27.5M	33.6M	60.0M	59.7M	62.7M
Net Debt	19.3M	18.4M	536K	(20.9M)	12.7M	13.4M
Retained Earnings	(23.7M)	(33.2M)	(23.9M)	(14.6M)	(61.4M)	(58.3M)
Cash	324.6K	908.1K	9.6M	28.4M	3.1M	5.2M
Non Current Assets Total	34.6M	27.5M	33.6M	60.0M	59.9M	62.9M
Cash And Short Term Investments	324.6K	908.1K	9.6M	28.4M	32.6M	34.2M
Net Receivables	1.8M	1.7M	2.5M	3.7M	4.3M	4.5M
Common Stock Shares Outstanding	26.9M	27.6M	55.0M	123.0M	165.7M	174.0M
Liabilities And Stockholders Equity	37.6M	30.3M	46.2M	97.7M	112.3M	117.9M
Non Current Liabilities Total	23.4M	10.1M	12.6M	12.8M	21.6M	22.7M
Other Current Assets	1.2M	312K	591.2K	7.5M	8.6M	9.1M
Other Stockholder Equity	4.6M	4.9M	7.4M	7.5M	6.8M	8.8M
Total Liab	30.0M	30.1M	22.4M	30.3M	41.5M	43.6M
Total Current Assets	3.1M	2.8M	12.6M	37.6M	7.4M	7.9M
Other Liab	5.3M	4.3M	3.8M	6.6M	7.6M	4.2M
Net Tangible Assets	9.9M	243K	23.8M	67.4M	77.5M	81.4M
Accounts Payable	2.0M	1.8M	3.4M	11.1M	5.5M	3.1M
Common Stock	27.1M	27.8M	41.0M	75.3M	86.6M	90.9M
Property Plant Equipment	45.0M	27.5M	33.6M	60.0M	69.0M	72.5M
Net Invested Capital	34.8M	7.8M	32.4M	73.5M	41.7M	33.2M
Net Working Capital	(4.7M)	(21.8M)	2.8M	20.2M	(12.5M)	(11.9M)
Short Long Term Debt Total	19.6M	19.3M	10.2M	7.5M	6.7M	11.5M
Accumulated Other Comprehensive Income	(372.1K)	709.7K	(675K)	(790K)	(711K)	(675.5K)
Capital Stock	27.1M	27.8M	41.0M	75.3M	79.8M	50.6M
Short Term Debt	292.4K	13.5M	1.3M	1.2M	1.1M	1.0M

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