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The Southern Company (SO) |
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The Southern's Tangible Leverage Ratio
SO's quarterly Tangible Leverage Ratio and Total Liabilities, Tangible Equity growth
Due to net new borrowings of 20.28%, Tangible Leverage Ratio fell to 3.52, above the The Southern's average Tangible Leverage Ratio.
Within Electric Utilities industry in the second quarter 2023, 27 other companies have achieved lower Tangible Leverage Ratio than The Southern in the II Quarter 2023. While Tangible Leverage Ratio total ranking has deteriorated compared to the forth quarter 2022 from 724 to 1243 .
Explain Tangible Leverage Ratio?
What is SO Market Share?
What are SO´s Total Liabilities?
Select the Comparisons :
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Select the Ratio:
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Tangible Leverage Ratio ▼
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Tangible Leverage Ratio ▼
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SO Tangible 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 Tangible Equity Change |
6.55 % |
9.44 % |
2.86 % |
3.17 % |
4.59 % |
Y / Y Total Liabilities Change |
10.99 % |
-10.29 % |
4.39 % |
6.14 % |
6.2 % |
Tangible Leverage Ratio MRQ |
3.52 |
2.94 |
3.44 |
3.45 |
3.38 |
SO's Total
Ranking |
# 1243 |
# 724 |
# |
# |
# |
Seq. Tangible Equity Change |
0.47 % |
5.39 % |
1.79 % |
-1.14 % |
3.19 % |
Seq. Total Liabilities Change |
20.28 % |
-9.99 % |
1.59 % |
0.91 % |
-2.78 % |
Tangible Leverage Ratio second quarter 2023 Company Ranking |
Within: |
No. |
Electric Utilities Industry |
# 28 |
Utilities Sector |
# 49 |
Overall Market |
# 1243 |
Tangible Leverage Ratio Statistics |
High |
Average |
Low |
3.4 |
2.67 |
2.24 |
(Dec 31 2017) |
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(March 31, 2012) |
Cumulative The Southern's Tangible Leverage Ratio
SO's Tangible Leverage Ratio for the trailling 12 Months
SO Tangible 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 Tangible Equity TTM Growth |
6.55 % |
9.44 % |
2.86 % |
3.17 % |
4.59 % |
Y / Y Total Liabilities TTM Growth |
10.99 % |
-10.29 % |
4.39 % |
6.14 % |
6.2 % |
Tangible Leverage Ratio TTM |
3.34 |
3.3 |
3.46 |
3.45 |
3.43 |
Total
Ranking TTM |
# 3677
| # 164
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Seq. Tangible Equity TTM Growth |
0.47 % |
5.39 % |
1.79 % |
-1.14 % |
3.19 % |
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, cumulativeTangible Leverage Ratio improved to 3.34, above the The Southern's average Tangible Leverage Ratio. Tangible 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 Tangible Leverage Ratio than The Southern. While Tangible 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 Tangible Leverage Ratio?
What is SO Market Share?
What are SO´s Total Liabilities?
TTM Tangible Leverage Ratio Company Ranking |
Within: |
No. |
Within the Electric Utilities Industry |
# 46 |
Utilities Sector |
# 82 |
Within the Market |
# 3677 |
trailing twelve months Tangible Leverage Ratio Statistics |
High |
Average |
Low |
3.3 |
2.67 |
2.29 | (Mar 31 2018) |
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(March 31, 2012) |
Companies with similar Tangible Leverage Ratio in the quarter ending Jun 30 2023, within Electric Utilities Industry | Tangible Leverage Ratio | Jun 30 2023 MRQ Total Liabilities | Jun 30 2023 MRQ Tangible Equity | Firstenergy Corp | 6.83 | $ 36,555.000 Millions | $ 5,353.000 Millions | Itc Holdings Corp | 5.54 | $ 10,050.000 Millions | $ 1,814.000 Millions | Dte Energy Co | 5.27 | $ 43,908.000 Millions | $ 8,331.000 Millions | Ipalco Enterprises Inc | 5.10 | $ 4,558.898 Millions | $ 894.473 Millions | Exelon Corporation | 4.59 | $ 84,682.000 Millions | $ 18,449.000 Millions | Clearway Energy Inc | 4.51 | $ 7,801.000 Millions | $ 1,730.000 Millions | Sunnova Energy International Inc | 4.47 | $ 7,718.751 Millions | $ 1,726.602 Millions | Duke Energy Corporation | 3.73 | $ 118,641.000 Millions | $ 31,768.000 Millions | Dominion Energy Inc | 3.67 | $ 77,636.000 Millions | $ 21,133.000 Millions | Emera Incorporated | 3.64 | $ 17,334.580 Millions | $ 4,762.222 Millions | Pnm Resources Inc | 3.56 | $ 7,240.312 Millions | $ 2,035.299 Millions | The Southern Company | 3.52 | $ 102,468.000 Millions | $ 29,101.000 Millions | Edison International | 3.50 | $ 61,857.000 Millions | $ 17,694.000 Millions | Puget Energy Inc | 3.33 | $ 10,725.194 Millions | $ 3,220.467 Millions | Centerpoint Energy Inc | 3.31 | $ 20,527.000 Millions | $ 6,206.000 Millions | American Electric Power Co Inc | 3.24 | $ 77,956.600 Millions | $ 24,071.100 Millions | Entergy Corporation | 3.06 | $ 39,688.328 Millions | $ 12,990.373 Millions | Constellation Energy Corporation | 3.04 | $ 35,303.000 Millions | $ 11,612.000 Millions | Spruce Power Holding Corporation | 2.93 | $ 663.438 Millions | $ 226.656 Millions | Pg and e Corp | 2.91 | $ 69,881.000 Millions | $ 24,015.000 Millions | Altus Power Inc | 2.88 | $ 1,252.936 Millions | $ 435.022 Millions | Black Hills Corporation | 2.72 | $ 5,145.198 Millions | $ 1,894.311 Millions | Nisource Inc | 2.65 | $ 16,152.900 Millions | $ 6,085.500 Millions | Eversource Energy | 2.58 | $ 28,447.072 Millions | $ 11,031.466 Millions | Nextera Energy Inc | 2.37 | $ 114,711.000 Millions | $ 48,380.000 Millions | Portland General Electric Company | 2.24 | $ 7,170.000 Millions | $ 3,200.000 Millions | Evergy Inc | 2.20 | $ 15,891.700 Millions | $ 7,214.100 Millions | Berkshire Hathaway Energy Company | 2.14 | $ 88,568.000 Millions | $ 41,414.000 Millions | Avista Corporation | 2.12 | $ 4,970.894 Millions | $ 2,347.995 Millions | Pinnacle West Capital Corporation | 2.01 | $ 11,684.333 Millions | $ 5,820.563 Millions |
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