Southern Net Tangible Assets vs Total Current Liabilities 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 Net Tangible Assets 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 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.
Net Tangible Assets vs Total Current Liabilities
Net Tangible Assets vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southern Energy Corp Net Tangible Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Southern Energy's Net Tangible Assets and Total Current Liabilities is 0.7. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Current Liabilities 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 Net Tangible Assets 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 Net Tangible Assets of Southern Energy Corp 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 Net Tangible Assets i.e., Southern Energy's Net Tangible Assets and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.7 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Total Current Liabilities
Total Current Liabilities is an item on Southern Energy 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 Energy Corp 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 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
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Southern Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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