CSIMarket
 


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

The Southern's Total Debt to Equity

SO's quarterly Total Debt to Equity and Total Debt, Equity growth


Due to net new borrowings of 5.72%, Total Debt to Equity fell to 1.76, above the The Southern's average Total Debt to Equity.

Within Electric Utilities industry in the second quarter 2023, 40 other companies have achieved lower Total Debt to Equity than The Southern in the II Quarter 2023. While Total Debt to Equity total ranking has deteriorated compared to the forth quarter 2022 from 2865 to 2994 .

Explain Debt to Equity Ratio?
What is the structure of SO´s Total Debt?
How valuable is the SO´s Equity?


SO Total Debt to Equity (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 Debt Change 18.48 % 17 % 5.4 % 8.64 % 7.54 %
Total Debt to Equity MRQ 1.76 1.67 1.59 1.59 1.55
SO's Total Ranking # 2994 # 2865 # # #
Seq. Equity Change 0.34 % 3.95 % 1.44 % -0.97 % 2.59 %
Seq. Total Debt Change 5.72 % 8.92 % 1.49 % 1.37 % 4.4 %



Total Debt to Equity second quarter 2023 Company Ranking
Within: No.
Electric Utilities Industry # 41
Utilities Sector # 76
Overall Market # 2994


Total Debt to Equity Statistics
High Average Low
2 1.43 1.16
(Mar 31 2018)   (March 31, 2012)




Financial Statements
The Southern's Equity $ 34,648 Millions Visit SO's Balance sheet
The Southern's Total Debt $ 60,844 Millions Visit SO's Balance sheet
Source of SO's Sales Visit SO's Sales by Geography


Cumulative The Southern's Total Debt to Equity

SO's Total Debt to Equity for the trailling 12 Months

SO Total Debt to Equity

(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 Debt TTM Growth 18.48 % 17 % 5.4 % 8.64 % 7.54 %
Total Debt to Equity TTM 1.65 1.6 1.57 1.55 1.53
Total Ranking TTM # # # # #
Seq. Equity TTM Growth 0.34 % 3.95 % 1.44 % -0.97 % 2.59 %
Seq. Total Debt TTM Growth 5.72 % 8.92 % 1.49 % 1.37 % 4.4 %


On the trailing twelve months basis Due to the net new borrowings of 5.72% during the trailing twelve months finishing in the II Quarter 2023, cumulativeTotal Debt to Equity improved to 1.65, above the The Southern's average Total Debt to Equity.
Total Debt to Equity is the average cumulative value over the last four quarters.

Among companies in the Electric Utilities industry only one has achieved lower Total Debt to Equity. While Total Debt to Equity total ranking has deteriorated during the twelve months ending in the II Quarter 2023, compared to the prior period, from 185 to 3138.

Explain Debt to Equity Ratio?
What is the structure of SO´s Total Debt?
How valuable is the SO´s Equity?

TTM Total Debt to Equity Company Ranking
Within: No.
Within the Electric Utilities Industry # 2
Utilities Sector # 3
Within the Market # 2994


trailing twelve months Total Debt to Equity Statistics
High Average Low
1.98 1.32 0.12
(Mar 31 2018)   (Sep. 30, 2015)




Companies with similar Total Debt to Equity in the quarter ending Jun 30 2023, within Electric Utilities Industry Total Debt to EquityJun 30 2023 MRQ Total DebtJun 30 2023 MRQ Equity
Nrg Energy inc  3.62 $ 12,056.000  Millions$ 3,332.000  Millions
Via Renewables Inc   3.56 $ 105.000  Millions$ 29.468  Millions
Dte Energy Co  3.55 $ 37,256.000  Millions$ 10,485.000  Millions
Sunnova Energy International Inc   3.37 $ 6,365.891  Millions$ 1,888.044  Millions
Ipalco Enterprises Inc   2.87 $ 3,020.166  Millions$ 1,053.303  Millions
Itc Holdings Corp   2.73 $ 7,533.000  Millions$ 2,764.000  Millions
Spruce Power Holding Corporation  2.31 $ 613.364  Millions$ 265.966  Millions
Dominion Energy Inc   2.27 $ 64,437.000  Millions$ 28,428.000  Millions
Pg and e Corp  2.25 $ 54,104.000  Millions$ 24,015.000  Millions
Vistra Corp   2.23 $ 11,967.000  Millions$ 5,374.000  Millions
Firstenergy Corp  2.19 $ 24,008.000  Millions$ 10,971.000  Millions
Pnm Resources Inc   2.02 $ 4,676.463  Millions$ 2,313.596  Millions
Entergy Corporation  1.96 $ 26,172.033  Millions$ 13,367.545  Millions
Edison International  1.89 $ 33,480.000  Millions$ 17,694.000  Millions
Altus Power Inc   1.89 $ 910.536  Millions$ 482.451  Millions
Puget Energy Inc  1.88 $ 9,166.328  Millions$ 4,876.980  Millions
American Electric Power Co Inc   1.79 $ 43,259.900  Millions$ 24,123.600  Millions
The Southern Company  1.76 $ 60,844.000  Millions$ 34,648.000  Millions
Clearway Energy Inc   1.71 $ 7,038.000  Millions$ 4,127.000  Millions
Exelon Corporation  1.68 $ 42,233.000  Millions$ 25,079.000  Millions
Nisource Inc   1.67 $ 12,622.100  Millions$ 7,571.400  Millions
Emera Incorporated  1.64 $ 15,165.268  Millions$ 9,259.408  Millions
Centerpoint Energy Inc   1.62 $ 16,790.000  Millions$ 10,366.000  Millions
Eversource Energy  1.53 $ 23,834.444  Millions$ 15,554.098  Millions
Duke Energy Corporation  1.53 $ 77,978.000  Millions$ 51,071.000  Millions
Xcel Energy Inc  1.51 $ 25,610.000  Millions$ 16,914.000  Millions
Ameren Corporation  1.48 $ 16,007.000  Millions$ 10,826.000  Millions
Pinnacle West Capital Corporation  1.45 $ 8,788.572  Millions$ 6,076.137  Millions
Black Hills Corporation  1.40 $ 4,480.745  Millions$ 3,202.767  Millions
Alliant Energy Corp  1.33 $ 8,595.000  Millions$ 6,452.000  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