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The Southern Company (SO) |
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The Southern's Working Capital Ratio
SO's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth
The Southern's Current Assets grew by 5.41 % in the II Quarter 2023 sequentially, while Current Liabilities decreased, this led to improvement in The Southern's Working Capital Ratio to 0.83, Working Capital Ratio remained below The Southern Company average.
Within Electric Utilities industry 37 other companies have achieved higher Working Capital Ratio than The Southern in second quarter 2023. While Working Capital Ratio total ranking has improved so far during the II Quarter 2023 to 3922, from total ranking in the forth quarter 2022 at 4790.
Explain Working Capital Ratio
How much in Current Assets SO´s has?
What is the value of SO´s Current Liabilities?
Select the Comparisons :
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Select the Ratio:
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SO Working Capital 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 Current Assets Change |
15.95 % |
20.88 % |
-8.51 % |
5.31 % |
0.41 % |
Working Capital Ratio MRQ |
0.83 |
0.66 |
0.86 |
0.82 |
0.82 |
SO's Total
Ranking |
# 3922 |
# 4790 |
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Seq. Current Liabilities Change |
-15.8 % |
39.66 % |
-3.44 % |
0.64 % |
-4.08 % |
Seq. Current Assets Change |
5.41 % |
7.67 % |
1.29 % |
0.87 % |
9.89 % |
Working Capital Ratio second quarter 2023 Company Ranking |
Within: |
No. |
Electric Utilities Industry |
# 38 |
Utilities Sector |
# 81 |
Overall Market |
# 3922 |
Working Capital Ratio Statistics |
High |
Average |
Low |
1.78 |
0.88 |
0.63 |
(Jun 30 2016) |
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(Dec. 30, 2006) |
Cumulative The Southern's Working Capital Ratio
SO's Working Capital Ratio for the trailling 12 Months
SO Working Capital 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 Current Assets TTM Growth |
15.95 % |
20.88 % |
-8.51 % |
5.31 % |
0.41 % |
Working Capital Ratio TTM |
0.78 |
0.78 |
0.8 |
0.81 |
0.84 |
Total
Ranking TTM |
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Seq. Current Liabilities TTM Growth |
-15.8 % |
39.66 % |
-3.44 % |
0.64 % |
-4.08 % |
Seq. Current Assets TTM Growth |
5.41 % |
7.67 % |
1.29 % |
0.87 % |
9.89 % |
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 Working Capital Ratio remained unchanged at 0.78 below the The Southern Company average Working Capital Ratio. Working Capital Ratio is the average cumulative value over the last four quarters.
Among companies operating within Electric Utilities industry 66 other companies have achieved higher Working Capital Ratio than The Southern. While Working Capital Ratio total ranking has deteriorated compared to the previous twelve months ending in the forth quarter 2022 from 3827 to 4963.
Explain Working Capital Ratio
How much in Current Assets SO´s has?
What is the value of SO´s Current Liabilities?
TTM Working Capital Ratio Company Ranking |
Within: |
No. |
Within the Electric Utilities Industry |
# 67 |
Utilities Sector |
# 130 |
Within the Market |
# 3922 |
trailing twelve months Working Capital Ratio Statistics |
High |
Average |
Low |
1.1 |
0.88 |
0.7 |
(Dec. 30, 2009) |
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(Sep. 30, 2015) |
Companies with similar Working Capital Ratio in the quarter ending Jun 30 2023, within Electric Utilities Industry | Working Capital Ratio | Jun 30 2023 MRQ Current Assets | Jun 30 2023 MRQ Current Liabilities | Via Renewables Inc | 2.24 | $ 145.319 Millions | $ 64.910 Millions | Clearway Energy Inc | 2.13 | $ 1,289.000 Millions | $ 606.000 Millions | Clearway Energy Llc | 2.11 | $ 1,283.000 Millions | $ 609.000 Millions | Ormat Technologies Inc | 1.79 | $ 685.981 Millions | $ 383.209 Millions | Otter Tail Corporation | 1.74 | $ 524.112 Millions | $ 300.562 Millions | Idacorp Inc | 1.57 | $ 733.634 Millions | $ 468.338 Millions | Mge Energy Inc | 1.48 | $ 222.531 Millions | $ 150.649 Millions | Ipalco Enterprises Inc | 1.47 | $ 553.189 Millions | $ 376.939 Millions | Constellation Energy Corporation | 1.45 | $ 7,575.000 Millions | $ 5,225.000 Millions | Puget Energy Inc | 1.44 | $ 1,274.133 Millions | $ 887.511 Millions | Wisconsin Electric Power Company | 1.41 | $ 1,126.100 Millions | $ 799.000 Millions | Sunnova Energy International Inc | 1.29 | $ 746.766 Millions | $ 580.470 Millions | Nextera Energy Partners Lp | 1.22 | $ 1,447.000 Millions | $ 1,184.000 Millions | Allete Inc | 1.17 | $ 446.200 Millions | $ 380.300 Millions | Vistra Corp | 1.17 | $ 8,911.000 Millions | $ 7,626.000 Millions | Altus Power Inc | 1.09 | $ 106.306 Millions | $ 97.430 Millions | Ppl Corporation | 1.09 | $ 2,725.000 Millions | $ 2,505.000 Millions | Wisconsin Public Service Corporation | 1.08 | $ 483.800 Millions | $ 448.800 Millions | Berkshire Hathaway Energy Company | 1.06 | $ 12,626.000 Millions | $ 11,860.000 Millions | Nrg Energy inc | 1.02 | $ 10,121.000 Millions | $ 9,876.000 Millions | Consolidated Edison Inc | 1.02 | $ 6,203.000 Millions | $ 6,072.000 Millions | Avista Corporation | 0.97 | $ 526.939 Millions | $ 541.163 Millions | Pg and e Corp | 0.96 | $ 12,681.000 Millions | $ 13,202.000 Millions | Pinnacle West Capital Corporation | 0.96 | $ 1,851.737 Millions | $ 1,932.581 Millions | Exelon Corporation | 0.95 | $ 7,542.000 Millions | $ 7,936.000 Millions | Tennessee Valley Authority | 0.93 | $ 3,685.000 Millions | $ 3,948.000 Millions | Cleco Corporate Holdings Llc | 0.91 | $ 840.227 Millions | $ 919.787 Millions | Dte Energy Co | 0.89 | $ 3,203.000 Millions | $ 3,596.000 Millions | Portland General Electric Company | 0.89 | $ 676.000 Millions | $ 761.000 Millions | Centerpoint Energy Inc | 0.88 | $ 2,802.000 Millions | $ 3,184.000 Millions |
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