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The Southern Company (SO) |
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The Southern Asset Turnover Ratio
Quarterly Results, Trends, Rankings, Statistics
Due to the increase in investments during the second quarter 2023, The Southern's asset turnover ratio sequentially decreased to 0.22 in the second quarter (Jun 30 2023), this is lower than usual.
Within sector 32 more businesses have achieved higher asset turnover ratio. While asset turnover ranking remained unchanged in the Second Quarter 2023 compared to previous quarter at no. .
What is Asset Turnover Ratio?
What is The Southern Company Market Share?
Select the Comparisons :
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Select the Ratio:
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SO Asset Turnover Ratio |
(Jun 30 2023) II. Quarter |
(Dec 31 2022) IV. Quarter |
(Sep 30 2021) III. Quarter |
(Jun 30 2021) II. Quarter |
(Mar 31 2021) I. Quarter |
Y / Y Asset Change |
9.35 % |
9.73 % |
3.82 % |
5.16 % |
5.5 % |
Y / Y Revenue Change |
-2.74 % |
133.2 % |
11 % |
12.51 % |
17.78 % |
Asset Turnover Ratio (TTM) |
0.22 |
0.23 |
0.18 |
0.18 |
0.17 |
SO's Total
Ranking |
# |
# |
# |
# |
# |
Seq. Asset Change |
1.65 % |
5.5 % |
1.55 % |
0.41 % |
2 % |
Seq. Revenue Change |
-51.83 % |
91.3 % |
20.01 % |
-12.05 % |
15.5 % |
Asset Turnover Ratio Statistics |
High |
Average |
Low |
0.36 |
0.27 |
0.17 |
(June 30. 2006) |
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(Sep 30 2020) |
Companies with similar Asset Turnover Ratio for the quarter ending Jun 30 2023, within Utilities Sector | Asset Turnover Ratio | Revenues for 12 Months ending Jun 30 2023 | Assets at quarter ending Jun 30 2023 | Ugi Corporation | 0.57 | $ 9,458.000 Millions | $ 16,593.750 Millions | Constellation Energy Corporation | 0.57 | $ 26,395.000 Millions | $ 46,560.500 Millions | Montauk Renewables Inc | 0.54 | $ 177.916 Millions | $ 329.234 Millions | Opal Fuels Inc | 0.52 | $ 333.530 Millions | $ 644.890 Millions | Vistra Corp | 0.51 | $ 16,629.000 Millions | $ 32,387.750 Millions | Genesis Energy Lp | 0.47 | $ 3,030.559 Millions | $ 6,447.863 Millions | Usa Compression Partners Lp | 0.46 | $ 933.320 Millions | $ 2,032.880 Millions | Otter Tail Corporation | 0.46 | $ 1,362.062 Millions | $ 2,970.240 Millions | Magellan Midstream Partners L p | 0.45 | $ 3,484.000 Millions | $ 7,679.575 Millions | Clean Energy Fuels Corp | 0.45 | $ 462.174 Millions | $ 1,034.955 Millions | Xcel Energy Inc | 0.45 | $ 27,168.000 Millions | $ 60,941.500 Millions | Nisource Inc | 0.44 | $ 11,700.200 Millions | $ 26,627.600 Millions | Dte Energy Co | 0.38 | $ 16,190.000 Millions | $ 42,519.000 Millions | New Jersey Resources Corporation | 0.38 | $ 2,397.155 Millions | $ 6,370.056 Millions | Unitil Corporation | 0.37 | $ 595.300 Millions | $ 1,594.825 Millions | One Gas Inc | 0.35 | $ 2,607.828 Millions | $ 7,463.320 Millions | Archrock inc | 0.35 | $ 909.916 Millions | $ 2,626.069 Millions | Ipalco Enterprises Inc | 0.34 | $ 1,865.679 Millions | $ 5,568.507 Millions | Rgc Resources Inc | 0.33 | $ 99.085 Millions | $ 297.370 Millions | Mplx Lp | 0.32 | $ 11,466.000 Millions | $ 35,755.500 Millions | Enbridge Inc | 0.31 | $ 48,862.370 Millions | $ 157,564.548 Millions | Chesapeake Utilities Corporation | 0.31 | $ 672.076 Millions | $ 2,193.625 Millions | New Fortress Energy Inc | 0.30 | $ 2,418.775 Millions | $ 8,126.263 Millions | Mge Energy Inc | 0.29 | $ 718.484 Millions | $ 2,516.389 Millions | Allete Inc | 0.28 | $ 1,912.400 Millions | $ 6,744.000 Millions | Firstenergy Corp | 0.28 | $ 12,889.000 Millions | $ 46,125.750 Millions | Portland General Electric Company | 0.28 | $ 2,826.000 Millions | $ 10,207.250 Millions | Western Midstream Partners Lp | 0.27 | $ 3,089.260 Millions | $ 11,268.912 Millions | Black Hills Corporation | 0.27 | $ 2,586.493 Millions | $ 9,452.439 Millions | Wisconsin Electric Power Company | 0.27 | $ 4,047.000 Millions | $ 15,007.300 Millions |
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