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 DirectionPositive 
Relationship StrengthSignificant

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

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Southern Stock Analysis

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.