CSIMarket
 


The Southern Company  (SO)
Other Ticker:  
 
    Sector  Utilities    Industry Electric Utilities
   Industry Electric Utilities
   Sector  Utilities

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?


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 # # #
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)   (Dec. 30, 2006)




Financial Statements
The Southern's Current Liabilities $ 13,240 Millions Visit SO's Balance sheet
The Southern's Cash & cash equivalent $ 2,123 Millions Visit SO's Balance sheet
Source of SO's Sales Visit SO's Sales by Geography


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 # # # # #
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)   (March 31, 2007)




Companies with similar Quick Ratio in the quarter ending Jun 30 2023, within Electric Utilities Industry Quick RatioJun 30 2023 MRQ Cash & cash equivalentJun 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

Date modified: 2023-08-04T20:44:21+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com