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The Southern Company (SO) |
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The Southern's Quick Ratio
SO's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth
The Southern's Cash & cash equivalent grew by 10.75 % in the II Quarter 2023 sequentially, while Current Liabilities decreased, this led to improvement in The Southern's Quick Ratio to 0.16, above The Southern Company average Quick Ratio.
Within Electric Utilities industry 16 other companies have achieved higher Quick Ratio than The Southern in second quarter 2023. While Quick Ratio total ranking has improved so far during the II Quarter 2023 to 2157, from total ranking in the forth quarter 2022 at 4418.
Explain Quick Ratio?
How much Cash & cash equivalents SO´s has?
What are SO´s Current Liabilities?
Select the Comparisons :
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Select the Ratio:
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SO Quick 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 Current Liabilities Change |
14.28 % |
30.18 % |
-4.18 % |
24.92 % |
21.28 % |
Y / Y Cash & cash equivalent Change |
19.94 % |
80 % |
-38.5 % |
-15.81 % |
-18.21 % |
Quick Ratio MRQ |
0.16 |
0.12 |
0.18 |
0.14 |
0.15 |
SO's Total
Ranking |
# 2157 |
# 4418 |
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Seq. Current Liabilities Change |
-15.8 % |
39.66 % |
-3.44 % |
0.64 % |
-4.08 % |
Seq. Cash & cash equivalent Change |
10.75 % |
-7.75 % |
31.35 % |
-10.62 % |
66.2 % |
Quick Ratio second quarter 2023 Company Ranking |
Within: |
No. |
Electric Utilities Industry |
# 17 |
Utilities Sector |
# 34 |
Overall Market |
# 2157 |
Quick Ratio Statistics |
High |
Average |
Low |
1.16 |
0.13 |
0.03 |
(Jun 30 2016) |
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(Dec. 30, 2006) |
Cumulative The Southern's Quick Ratio
SO's Quick Ratio for the trailling 12 Months
SO Quick 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 Current Liabilities TTM Growth |
14.28 % |
30.18 % |
-4.18 % |
24.92 % |
21.28 % |
Y / Y Cash & cash equivalent TTM Growth |
19.94 % |
80 % |
-38.5 % |
-15.81 % |
-18.21 % |
Quick Ratio TTM |
0.15 |
0.15 |
0.14 |
0.17 |
0.18 |
Total
Ranking TTM |
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Seq. Current Liabilities TTM Growth |
-15.8 % |
39.66 % |
-3.44 % |
0.64 % |
-4.08 % |
Seq. Cash & cash equivalent TTM Growth |
10.75 % |
-7.75 % |
31.35 % |
-10.62 % |
66.2 % |
On the trailing twelve months basis In Spite of the decline in Current Liabilities in the II Quarter 2023 to $13,240.00 millions, cumulative Quick Ratio remained unchanged at 0.15 above the SO average Quick Ratio. Quick Ratio is the average cumulative value over the last four quarters.
Among companies operating within Electric Utilities industry 63 other companies have achieved higher Quick Ratio than The Southern. While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the forth quarter 2022 from 3754 to 3760.
Explain Quick Ratio?
How much Cash & cash equivalents SO´s has?
What are SO´s Current Liabilities?
TTM Quick Ratio Company Ranking |
Within: |
No. |
Within the Electric Utilities Industry |
# 64 |
Utilities Sector |
# 122 |
Within the Market |
# 2157 |
trailing twelve months Quick Ratio Statistics |
High |
Average |
Low |
0.41 |
0.14 |
0.04 |
(Sep 30 2016) |
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(March 31, 2007) |
Companies with similar Quick Ratio in the quarter ending Jun 30 2023, within Electric Utilities Industry | Quick Ratio | Jun 30 2023 MRQ Cash & cash equivalent | Jun 30 2023 MRQ Current Liabilities | Itc Holdings Corp | 0.38 | $ 296.000 Millions | $ 778.000 Millions | Puget Energy Inc | 0.33 | $ 289.648 Millions | $ 887.511 Millions | Sunnova Energy International Inc | 0.32 | $ 187.331 Millions | $ 580.470 Millions | Consolidated Edison Inc | 0.32 | $ 1,955.000 Millions | $ 6,072.000 Millions | Idacorp Inc | 0.29 | $ 134.779 Millions | $ 468.338 Millions | Ipalco Enterprises Inc | 0.24 | $ 92.178 Millions | $ 376.939 Millions | Vistra Corp | 0.23 | $ 1,773.000 Millions | $ 7,626.000 Millions | Centerpoint Energy Inc | 0.23 | $ 731.000 Millions | $ 3,184.000 Millions | Berkshire Hathaway Energy Company | 0.19 | $ 2,229.000 Millions | $ 11,860.000 Millions | Black Hills Corporation | 0.16 | $ 158.547 Millions | $ 977.860 Millions | The Southern Company | 0.16 | $ 2,123.000 Millions | $ 13,240.000 Millions | Sempra | 0.14 | $ 1,151.000 Millions | $ 8,451.000 Millions | Ppl Corporation | 0.13 | $ 326.000 Millions | $ 2,505.000 Millions | Emera Incorporated | 0.13 | $ 450.408 Millions | $ 3,480.704 Millions | Tennessee Valley Authority | 0.13 | $ 500.000 Millions | $ 3,948.000 Millions | Allete Inc | 0.13 | $ 47.900 Millions | $ 380.300 Millions | Mge Energy Inc | 0.11 | $ 16.507 Millions | $ 150.649 Millions | Exelon Corporation | 0.11 | $ 834.000 Millions | $ 7,936.000 Millions | Dpl Inc | 0.10 | $ 45.100 Millions | $ 430.800 Millions | Cleco Corporate Holdings Llc | 0.10 | $ 94.528 Millions | $ 919.787 Millions | Public Service Enterprise Group Incorporated | 0.10 | $ 547.000 Millions | $ 5,750.000 Millions | Brookfield Renewable Corporation | 0.08 | $ 627.000 Millions | $ 8,335.000 Millions | Nextera Energy Inc | 0.06 | $ 1,577.000 Millions | $ 24,871.000 Millions | Constellation Energy Corporation | 0.06 | $ 325.000 Millions | $ 5,225.000 Millions | Pg and e Corp | 0.06 | $ 805.000 Millions | $ 13,202.000 Millions | Xcel Energy Inc | 0.05 | $ 275.000 Millions | $ 5,231.000 Millions | Nrg Energy inc | 0.05 | $ 448.000 Millions | $ 9,876.000 Millions | Oceantech Acquisitions I Corp | 0.04 | $ 0.203 Millions | $ 4.541 Millions | American Electric Power Co Inc | 0.04 | $ 553.200 Millions | $ 13,267.100 Millions | Firstenergy Corp | 0.04 | $ 171.000 Millions | $ 4,149.000 Millions |
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