|
The Southern Company (SO) |
|
|
|
The Southern's Leverage Ratio
SO's quarterly Leverage Ratio and Total Liabilities, Equity growth
Due to net new borrowings of 20.28%, Leverage Ratio fell to 2.96, above the The Southern's average Leverage Ratio.
Within Electric Utilities industry in the second quarter 2023, 27 other companies have achieved lower Leverage Ratio than The Southern in the II Quarter 2023. While Leverage Ratio total ranking has deteriorated compared to the forth quarter 2022 from 724 to 1243 .
Explain Leverage Ratio?
Who are SO Customers?
What are SO´s Total Liabilities?
Select the Comparisons :
|
|
Select the Ratio:
|
|
SO Leverage 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 Equity Change |
4.78 % |
7.13 % |
2.21 % |
2.46 % |
3.61 % |
Y / Y Total Liabilities Change |
10.99 % |
-10.29 % |
4.39 % |
6.14 % |
6.2 % |
Leverage Ratio MRQ |
2.96 |
2.47 |
2.85 |
2.84 |
2.79 |
SO's Total
Ranking |
# 1243 |
# 724 |
# |
# |
# |
Seq. Equity Change |
0.34 % |
3.95 % |
1.44 % |
-0.97 % |
2.59 % |
Seq. Total Liabilities Change |
20.28 % |
-9.99 % |
1.59 % |
0.91 % |
-2.78 % |
Leverage Ratio second quarter 2023 Company Ranking |
Within: |
No. |
Electric Utilities Industry |
# 28 |
Utilities Sector |
# 49 |
Overall Market |
# 1243 |
Leverage Ratio Statistics |
High |
Average |
Low |
3.4 |
2.67 |
2.24 |
(Dec 31 2017) |
|
(March 31, 2012) |
Cumulative The Southern's Leverage Ratio
SO's Leverage Ratio for the trailling 12 Months
SO Leverage 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 Equity TTM Growth |
4.78 % |
7.13 % |
2.21 % |
2.46 % |
3.61 % |
Y / Y Total Liabilities TTM Growth |
10.99 % |
-10.29 % |
4.39 % |
6.14 % |
6.2 % |
Leverage Ratio TTM |
2.78 |
2.74 |
2.86 |
2.84 |
2.82 |
Total
Ranking TTM |
# 3677
| # 164
| #
| #
| #
|
Seq. Equity TTM Growth |
0.34 % |
3.95 % |
1.44 % |
-0.97 % |
2.59 % |
Seq. Total Liabilities TTM Growth |
20.28 % |
-9.99 % |
1.59 % |
0.91 % |
-2.78 % |
On the trailing twelve months basis Due to the net new borrowings of 20.28% during the trailing twelve months finishing in the II Quarter 2023, cumulativeLeverage Ratio improved to 2.78, above the The Southern's average Leverage Ratio. Leverage Ratio is the average cumulative value over the last four quarters.
Among companies in the Electric Utilities industry 45, during the past 12 months, other companies have achieved lower Leverage Ratio than The Southern. While Leverage Ratio total ranking has deteriorated during the twelve months ending in the II Quarter 2023, compared to the prior period, from 164 to 3677.
Explain Leverage Ratio?
Who are SO Customers?
What are SO´s Total Liabilities?
TTM Leverage Ratio Company Ranking |
Within: |
No. |
Within the Electric Utilities Industry |
# 46 |
Utilities Sector |
# 82 |
Within the Market |
# 3677 |
trailing twelve months Leverage Ratio Statistics |
High |
Average |
Low |
3.3 |
2.67 |
2.29 | (Mar 31 2018) |
|
(March 31, 2012) |
Companies with similar Leverage Ratio in the quarter ending Jun 30 2023, within Electric Utilities Industry | Leverage Ratio | Jun 30 2023 MRQ Total Liabilities | Jun 30 2023 MRQ Equity | Nrg Energy inc | 7.70 | $ 25,659.000 Millions | $ 3,332.000 Millions | Vistra Corp | 4.67 | $ 25,113.000 Millions | $ 5,374.000 Millions | Ipalco Enterprises Inc | 4.33 | $ 4,558.898 Millions | $ 1,053.303 Millions | Dte Energy Co | 4.19 | $ 43,908.000 Millions | $ 10,485.000 Millions | Sunnova Energy International Inc | 4.09 | $ 7,718.751 Millions | $ 1,888.044 Millions | Itc Holdings Corp | 3.64 | $ 10,050.000 Millions | $ 2,764.000 Millions | Edison International | 3.50 | $ 61,857.000 Millions | $ 17,694.000 Millions | Exelon Corporation | 3.38 | $ 84,682.000 Millions | $ 25,079.000 Millions | Firstenergy Corp | 3.33 | $ 36,555.000 Millions | $ 10,971.000 Millions | American Electric Power Co Inc | 3.23 | $ 77,956.600 Millions | $ 24,123.600 Millions | Pnm Resources Inc | 3.13 | $ 7,240.312 Millions | $ 2,313.596 Millions | Constellation Energy Corporation | 3.04 | $ 35,303.000 Millions | $ 11,612.000 Millions | Entergy Corporation | 2.97 | $ 39,688.328 Millions | $ 13,367.545 Millions | The Southern Company | 2.96 | $ 102,468.000 Millions | $ 34,648.000 Millions | Pg and e Corp | 2.91 | $ 69,881.000 Millions | $ 24,015.000 Millions | Dominion Energy Inc | 2.73 | $ 77,636.000 Millions | $ 28,428.000 Millions | Altus Power Inc | 2.60 | $ 1,252.936 Millions | $ 482.451 Millions | Spruce Power Holding Corporation | 2.49 | $ 663.438 Millions | $ 265.966 Millions | Duke Energy Corporation | 2.32 | $ 118,641.000 Millions | $ 51,071.000 Millions | Portland General Electric Company | 2.24 | $ 7,170.000 Millions | $ 3,200.000 Millions | Puget Energy Inc | 2.20 | $ 10,725.194 Millions | $ 4,876.980 Millions | Nextera Energy Inc | 2.14 | $ 114,711.000 Millions | $ 53,564.000 Millions | Nisource Inc | 2.13 | $ 16,152.900 Millions | $ 7,571.400 Millions | Avista Corporation | 2.07 | $ 4,970.894 Millions | $ 2,400.421 Millions | Centerpoint Energy Inc | 1.98 | $ 20,527.000 Millions | $ 10,366.000 Millions | Xcel Energy Inc | 1.95 | $ 33,039.000 Millions | $ 16,914.000 Millions | Pinnacle West Capital Corporation | 1.92 | $ 11,684.333 Millions | $ 6,076.137 Millions | Clearway Energy Inc | 1.89 | $ 7,801.000 Millions | $ 4,127.000 Millions | Oge Energy Corp | 1.88 | $ 8,225.500 Millions | $ 4,379.100 Millions | Emera Incorporated | 1.87 | $ 17,334.580 Millions | $ 9,259.408 Millions |
|