CSIMarket


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

The Southern's Working Capital Ratio

SO's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth




SO Working Capital Ratio (Sep 30 2021)
III. Quarter
(Jun 30 2021)
II. Quarter
(Mar 31 2021)
I. Quarter
(Dec 31 2020)
IV. Quarter
(Sep 30 2020)
III. Quarter
Y / Y Current Liabilities Change -4.18 % 24.92 % 21.28 % -3.72 % 11.54 %
Y / Y Current Assets Change -8.51 % 5.31 % 0.41 % -12.22 % 6.62 %
Working Capital Ratio MRQ 0.86 0.82 0.82 0.71 0.9
Overall Ranking # # # # #
Seq. Current Liabilities Change -3.44 % 0.64 % -4.08 % 2.8 % 25.88 %
Seq. Current Assets Change 1.29 % 0.87 % 9.89 % -18.51 % 16.59 %



Working Capital Ratio third quarter 2021 Comment
The Southern's Current Assets grew by 1.29 % in III. Quarter sequntially, while Current Liabilities decreased, this led to improvement in The Southern's Working Capital Ratio to 0.86, Working Capital Ratio remained below The Southern Company average.

Within Electric Utilities industry 33 other companies have achieved higher Working Capital Ratio than The Southern in third quarter 2021. While total ranking remained unchanged compare to previous quarter at no. .

Explain Working Capital Ratio
Where is SO most successful ?
Working Capital Ratio SO on the trailing twelve month basis
Working Capital Ratio third quarter 2021 Company Ranking
Within: No.
Electric Utilities Industry # 34
Utilities Sector # 74
Overall Market # 4490


Working Capital Ratio Statistics
High Average Low
1.78 0.89 0.63
(Jun 30 2016)   (Dec. 30, 2006)




Financial Statements
The Southern's Current Liabilities $ 11,259 Millions Visit SO's Balance sheet
The Southern's Current Assets $ 9,674 Millions Visit SO's Balance sheet
Source of SO's Sales Visit SO's Sales by Geography




Companies with similar Working Capital Ratio in the quarter endingSep 30 2021, within Electric Utilities Industry Working Capital RatioSep 30 2021 MRQ Current AssetsSep 30 2021 MRQ Current Liabilities
Mge Energy Inc   2.02 $ 234.085  Millions$ 115.774  Millions
Idacorp Inc   1.98 $ 678.185  Millions$ 342.780  Millions
Cleco Corporate Holdings Llc  1.68 $ 1,022.674  Millions$ 608.888  Millions
Oceantech Acquisitions I Corp   1.53 $ 0.690  Millions$ 0.451  Millions
Ugi Corp  1.42 $ 3,270.000  Millions$ 2,297.000  Millions
Genie Energy Ltd   1.41 $ 152.491  Millions$ 108.092  Millions
Wisconsin Electric Power Company  1.24 $ 1,042.600  Millions$ 842.900  Millions
The Aes Corporation  1.22 $ 5,690.000  Millions$ 4,658.000  Millions
Nrg Energy Inc  1.21 $ 14,572.000  Millions$ 12,009.000  Millions
Ormat Technologies Inc   1.19 $ 635.439  Millions$ 534.272  Millions
Berkshire Hathaway Energy Company  1.18 $ 10,428.000  Millions$ 8,847.000  Millions
Avangrid Inc   1.17 $ 3,627.000  Millions$ 3,112.000  Millions
Clearway Energy Inc   1.05 $ 853.000  Millions$ 816.000  Millions
Portland General Electric Company  1.04 $ 899.000  Millions$ 867.000  Millions
Pinnacle West Capital Corporation  1.04 $ 1,709.148  Millions$ 1,649.257  Millions
Dte Energy Co  1.01 $ 3,494.000  Millions$ 3,445.000  Millions
Puget Energy Inc  0.99 $ 1,167.177  Millions$ 1,173.499  Millions
Vistra Corp   0.99 $ 7,846.000  Millions$ 7,922.000  Millions
Consolidated Edison Inc   0.97 $ 5,096.000  Millions$ 5,255.000  Millions
Unitil Corporation  0.96 $ 121.000  Millions$ 126.600  Millions
Northwestern Corp  0.95 $ 387.278  Millions$ 408.005  Millions
Ipalco Enterprises Inc   0.94 $ 427.374  Millions$ 452.351  Millions
Pnm Resources Inc   0.94 $ 447.713  Millions$ 475.207  Millions
Exelon Corporation  0.94 $ 14,877.000  Millions$ 15,826.000  Millions
Scientific Energy Inc   0.93 $ 10.187  Millions$ 10.974  Millions
Covanta Holding Corporation  0.91 $ 399.000  Millions$ 439.000  Millions
The Southern Company  0.86 $ 9,674.000  Millions$ 11,259.000  Millions
Firstenergy Corp  0.84 $ 3,459.000  Millions$ 4,094.000  Millions
Public Service Enterprise Group Incorporated  0.84 $ 6,815.000  Millions$ 8,105.000  Millions
Black Hills Corporation  0.83 $ 627.726  Millions$ 758.117  Millions


       
Economy


Advance Monthly Sales

Consumer Price Index CPI

Producer Price Index PPI

Retail Inventories

Personal Income

Gross Domestic Product GDP

Money Supply

Industrial Production

Productivity

Employment Situation

US International Trade

Factory Orders

Durable Goods

Construction Spending

Housing Starts

Vehicle Unit Sales

Stocks


Event Calendar

PLCE's Profile

Stock Price

PLCE's Financials

Business Description

Fundamentals

Charts & Quotes

PLCE's News

Suppliers

PLCE's Competitors

Customers & Markets

Economic Indicators

PLCE's Growth

Company Segments

Screening


Stock Performance

Growth Rates

Profitability

Valuation

Dividend

Financial Strength

Efficiency

Largest Companies

Management Effectivness

Industries


At a Glance

Performance

Growth Rates

Profitability

Valuation

Financial Strength

Markets


At a Glance

Stocks

Cryptocurrencies

Sectors & Industries

Commodities

Currencies

Help


Sitemap

Advertise

About us

Glossary


Financial Terms

Technical Analysis

Fundamental Analysis

Energy Terms

Manufacturing Terms

Transportation Terms

Health Care

Insurance Terms

Economy Terms

Hotel & Leisure Terms

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.    Copyright © 2022 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
CSIMarket.com 1500 N. University Drive, Coral Springs, FL 33071