Southern Long Term Investments vs Accumulated Depreciation Analysis
SO Stock | USD 75.85 0.52 0.69% |
Southern financial indicator trend analysis is much more than just breaking down Southern prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Southern is a good investment. Please check the relationship between Southern Long Term Investments and its Accumulated Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southern Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
Long Term Investments vs Accumulated Depreciation
Long Term Investments vs Accumulated Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southern Long Term Investments account and Accumulated Depreciation. At this time, the significance of the direction appears to have pay attention.
The correlation between Southern's Long Term Investments and Accumulated Depreciation is -0.73. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Accumulated Depreciation in the same time period over historical financial statements of Southern Company, assuming nothing else is changed. The correlation between historical values of Southern's Long Term Investments and Accumulated Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Southern Company are associated (or correlated) with its Accumulated Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accumulated Depreciation has no effect on the direction of Long Term Investments i.e., Southern's Long Term Investments and Accumulated Depreciation go up and down completely randomly.
Correlation Coefficient | -0.73 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Long Term Investments
Long Term Investments is an item on the asset side of Southern balance sheet that represents investments Southern intends to hold for over a year. Southern Company long term investments may include different instruments such as stocks, bonds, real estate and cash.Accumulated Depreciation
Accumulated depreciation is the total amount of depreciation for Southern Company fixed asset that has been charged to Southern expense since that asset was acquired and made available for Southern use. The accumulated depreciation account is Southern asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Southern.Most indicators from Southern's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Southern current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southern Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. As of the 4th of May 2024, Tax Provision is likely to grow to about 567.6 M, while Selling General Administrative is likely to drop about 1.1 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 10.1B | 10.8B | 11.7B | 8.3B | Total Revenue | 23.1B | 29.3B | 25.3B | 15.6B |
Southern fundamental ratios Correlations
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Southern Account Relationship Matchups
Southern fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 847.2M | |
Total Assets | 118.7B | 122.9B | 127.5B | 134.9B | 139.3B | 72.0B | |
Short Long Term Debt Total | 48.7B | 51.0B | 55.5B | 59.1B | 63.5B | 66.7B | |
Other Current Liab | 4.2B | 4.4B | 4.4B | 4.6B | 5.1B | 2.6B | |
Total Current Liabilities | 12.5B | 12.1B | 10.9B | 15.7B | 13.5B | 8.3B | |
Total Stockholder Equity | 27.8B | 28.3B | 28.2B | 30.4B | 31.4B | 18.7B | |
Property Plant And Equipment Net | 86.1B | 90.4B | 93.5B | 96.7B | 101.9B | 53.2B | |
Net Debt | 46.7B | 50.0B | 53.7B | 57.2B | 62.7B | 65.9B | |
Retained Earnings | 10.9B | 11.3B | 10.9B | 11.5B | 12.5B | 8.2B | |
Accounts Payable | 2.6B | 2.8B | 2.2B | 3.5B | 2.9B | 1.8B | |
Non Current Assets Total | 108.9B | 114.3B | 118.6B | 124.5B | 128.9B | 65.6B | |
Non Currrent Assets Other | 601M | 11.2B | 12.0B | 17.8B | 16.8B | 17.6B | |
Net Receivables | 3.4B | 3.3B | 3.0B | 3.7B | 4.0B | 2.4B | |
Common Stock Total Equity | 5.3B | 5.3B | 5.3B | 5.4B | 6.2B | 5.9B | |
Liabilities And Stockholders Equity | 118.7B | 122.9B | 127.5B | 134.9B | 139.3B | 72.0B | |
Non Current Liabilities Total | 74.1B | 78.3B | 84.0B | 84.6B | 90.6B | 95.2B | |
Inventory | 2.4B | 2.5B | 2.4B | 2.7B | 3.4B | 1.9B | |
Other Current Assets | 1.4B | 1.2B | 1.4B | 1.6B | 1.9B | 2.0B | |
Other Stockholder Equity | 11.7B | 11.8B | 11.9B | 13.6B | 13.7B | 6.9B | |
Total Liab | 86.7B | 90.4B | 95.0B | 100.4B | 104.1B | 52.1B | |
Property Plant And Equipment Gross | 86.1B | 90.4B | 125.2B | 129.9B | 139.7B | 146.6B | |
Total Current Assets | 9.8B | 8.6B | 9.0B | 10.4B | 10.4B | 6.4B | |
Accumulated Other Comprehensive Income | (321M) | (395M) | (238M) | (167M) | (177M) | (185.9M) | |
Short Term Debt | 5.3B | 4.4B | 3.8B | 7.1B | 5.0B | 3.6B | |
Common Stock | 5.3B | 5.3B | 5.3B | 5.4B | 5.4B | 5.9B | |
Current Deferred Revenue | 496M | 487M | 479M | 502M | 503M | 356.0M | |
Good Will | 6.3B | 5.3B | 5.3B | 5.2B | 5.9B | 6.2B | |
Intangible Assets | 536M | 487M | 445M | 406M | 368M | 416.4M | |
Other Liab | 30.7B | 31.6B | 32.4B | 32.4B | 37.2B | 39.1B | |
Other Assets | 17.3B | 18.2B | 18.9B | 21.4B | 24.6B | 25.8B | |
Long Term Debt | (95M) | 45.1B | 49.9B | 50.7B | 57.2B | 60.1B | |
Treasury Stock | (42M) | (46M) | (47M) | (53M) | (61.0M) | (64.0M) | |
Property Plant Equipment | 83.1B | 87.6B | 91.1B | 94.6B | 108.8B | 57.0B | |
Retained Earnings Total Equity | 10.9B | 11.3B | 10.9B | 11.5B | 13.3B | 8.0B |
Southern Investors Sentiment
The influence of Southern's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Southern. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Southern's public news can be used to forecast risks associated with an investment in Southern. The trend in average sentiment can be used to explain how an investor holding Southern can time the market purely based on public headlines and social activities around Southern Company. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Southern's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Southern's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Southern's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Southern.
Southern Implied Volatility | 37.55 |
Southern's implied volatility exposes the market's sentiment of Southern Company stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Southern's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Southern stock will not fluctuate a lot when Southern's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Southern in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Southern's short interest history, or implied volatility extrapolated from Southern options trading.
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southern Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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When running Southern's price analysis, check to measure Southern's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Southern is operating at the current time. Most of Southern's value examination focuses on studying past and present price action to predict the probability of Southern's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southern's price. Additionally, you may evaluate how the addition of Southern to your portfolios can decrease your overall portfolio volatility.
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Is Southern's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Southern. If investors know Southern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Southern listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.04) | Dividend Share 2.78 | Earnings Share 3.62 | Revenue Per Share 23.125 | Quarterly Revenue Growth (0.14) |
The market value of Southern is measured differently than its book value, which is the value of Southern that is recorded on the company's balance sheet. Investors also form their own opinion of Southern's value that differs from its market value or its book value, called intrinsic value, which is Southern's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Southern's market value can be influenced by many factors that don't directly affect Southern's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Southern's value and its price as these two are different measures arrived at by different means. Investors typically determine if Southern is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Southern's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.