Southern Operating Income vs Interest Expense Analysis

SO Stock

USD 73.21 1.16 1.56%

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 Operating Income and its Interest Expense 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.

Operating Income vs Interest Expense

Operating Income vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southern Operating Income account and Interest Expense. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Southern's Operating Income and Interest Expense is -0.13. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Interest Expense 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 Operating Income and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Southern Company are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Operating Income i.e., Southern's Operating Income and Interest Expense go up and down completely randomly.

Correlation Coefficient

-0.13

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Southern operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Southern Company is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

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 28th of April 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

Gross Profit Total Revenue

Southern fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue
Common Stock Shares Outstanding		0.91	0.73	0.87	0.86	0.97	0.92	0.72	0.92	0.8	0.64	0.9	0.45	0.64	0.8	0.79	0.76	0.81	0.53	0.38	0.89	0.63	0.91	0.77	0.8	0.93
Total Assets	0.91		0.83	0.97	0.94	0.97	1.0	0.82	0.78	0.9	0.66	1.0	0.57	0.66	0.92	0.8	0.84	0.72	0.65	0.72	1.0	0.73	0.96	0.83	0.78	0.89
Short Long Term Debt Total	0.73	0.83		0.81	0.78	0.77	0.81	1.0	0.59	0.75	0.53	0.83	0.75	0.53	0.81	0.95	1.0	0.55	0.9	0.61	0.83	0.95	0.79	0.7	0.95	0.71
Other Current Liab	0.87	0.97	0.81		0.93	0.94	0.97	0.81	0.76	0.89	0.64	0.97	0.56	0.64	0.92	0.78	0.83	0.7	0.64	0.71	0.98	0.71	0.94	0.81	0.76	0.89
Total Current Liabilities	0.86	0.94	0.78	0.93		0.89	0.92	0.77	0.68	0.98	0.73	0.93	0.59	0.73	0.95	0.74	0.79	0.67	0.55	0.65	0.94	0.64	0.97	0.96	0.75	0.91
Total Stockholder Equity	0.97	0.97	0.77	0.94	0.89		0.98	0.76	0.91	0.83	0.62	0.97	0.5	0.62	0.84	0.81	0.79	0.8	0.62	0.56	0.96	0.7	0.94	0.79	0.78	0.9
Property Plant And Equipment Net	0.92	1.0	0.81	0.97	0.92	0.98		0.8	0.82	0.88	0.64	1.0	0.55	0.64	0.9	0.8	0.83	0.73	0.64	0.69	0.99	0.72	0.95	0.81	0.77	0.89
Net Debt	0.72	0.82	1.0	0.81	0.77	0.76	0.8		0.59	0.74	0.5	0.82	0.76	0.5	0.8	0.95	1.0	0.54	0.9	0.6	0.82	0.96	0.78	0.69	0.95	0.69
Retained Earnings	0.92	0.78	0.59	0.76	0.68	0.91	0.82	0.59		0.59	0.47	0.78	0.34	0.47	0.58	0.72	0.62	0.83	0.51	0.22	0.75	0.58	0.77	0.58	0.69	0.79
Accounts Payable	0.8	0.9	0.75	0.89	0.98	0.83	0.88	0.74	0.59		0.7	0.9	0.6	0.7	0.96	0.68	0.76	0.64	0.5	0.67	0.91	0.59	0.93	0.93	0.7	0.87
Cash	0.64	0.66	0.53	0.64	0.73	0.62	0.64	0.5	0.47	0.7		0.65	0.12	1.0	0.69	0.39	0.53	0.41	0.28	0.35	0.67	0.36	0.76	0.73	0.52	0.76
Non Current Assets Total	0.9	1.0	0.83	0.97	0.93	0.97	1.0	0.82	0.78	0.9	0.65		0.57	0.65	0.91	0.8	0.84	0.71	0.65	0.73	1.0	0.73	0.95	0.82	0.78	0.88
Non Currrent Assets Other	0.45	0.57	0.75	0.56	0.59	0.5	0.55	0.76	0.34	0.6	0.12	0.57		0.12	0.58	0.72	0.75	0.36	0.65	0.47	0.58	0.79	0.49	0.55	0.69	0.44
Cash And Short Term Investments	0.64	0.66	0.53	0.64	0.73	0.62	0.64	0.5	0.47	0.7	1.0	0.65	0.12		0.69	0.39	0.53	0.41	0.28	0.35	0.67	0.36	0.76	0.73	0.52	0.76
Net Receivables	0.8	0.92	0.81	0.92	0.95	0.84	0.9	0.8	0.58	0.96	0.69	0.91	0.58	0.69		0.75	0.81	0.67	0.55	0.7	0.93	0.64	0.95	0.88	0.74	0.9
Common Stock Total Equity	0.79	0.8	0.95	0.78	0.74	0.81	0.8	0.95	0.72	0.68	0.39	0.8	0.72	0.39	0.75		0.95	0.66	0.89	0.46	0.79	0.93	0.78	0.65	0.96	0.71
Non Current Liabilities Total	0.76	0.84	1.0	0.83	0.79	0.79	0.83	1.0	0.62	0.76	0.53	0.84	0.75	0.53	0.81	0.95		0.55	0.88	0.59	0.85	0.95	0.8	0.7	0.96	0.73
Inventory	0.81	0.72	0.55	0.7	0.67	0.8	0.73	0.54	0.83	0.64	0.41	0.71	0.36	0.41	0.67	0.66	0.55		0.38	0.23	0.71	0.48	0.79	0.59	0.58	0.79
Other Current Assets	0.53	0.65	0.9	0.64	0.55	0.62	0.64	0.9	0.51	0.5	0.28	0.65	0.65	0.28	0.55	0.89	0.88	0.38		0.56	0.64	0.95	0.57	0.47	0.85	0.41
Other Stockholder Equity	0.38	0.72	0.61	0.71	0.65	0.56	0.69	0.6	0.22	0.67	0.35	0.73	0.47	0.35	0.7	0.46	0.59	0.23	0.56		0.74	0.54	0.59	0.54	0.39	0.41
Total Liab	0.89	1.0	0.83	0.98	0.94	0.96	0.99	0.82	0.75	0.91	0.67	1.0	0.58	0.67	0.93	0.79	0.85	0.71	0.64	0.74		0.73	0.96	0.83	0.77	0.89
Property Plant And Equipment Gross	0.63	0.73	0.95	0.71	0.64	0.7	0.72	0.96	0.58	0.59	0.36	0.73	0.79	0.36	0.64	0.93	0.95	0.48	0.95	0.54	0.73		0.66	0.56	0.91	0.55
Total Current Assets	0.91	0.96	0.79	0.94	0.97	0.94	0.95	0.78	0.77	0.93	0.76	0.95	0.49	0.76	0.95	0.78	0.8	0.79	0.57	0.59	0.96	0.66		0.9	0.77	0.96
Short Term Debt	0.77	0.83	0.7	0.81	0.96	0.79	0.81	0.69	0.58	0.93	0.73	0.82	0.55	0.73	0.88	0.65	0.7	0.59	0.47	0.54	0.83	0.56	0.9		0.69	0.85
Common Stock	0.8	0.78	0.95	0.76	0.75	0.78	0.77	0.95	0.69	0.7	0.52	0.78	0.69	0.52	0.74	0.96	0.96	0.58	0.85	0.39	0.77	0.91	0.77	0.69		0.74
Current Deferred Revenue	0.93	0.89	0.71	0.89	0.91	0.9	0.89	0.69	0.79	0.87	0.76	0.88	0.44	0.76	0.9	0.71	0.73	0.79	0.41	0.41	0.89	0.55	0.96	0.85	0.74

Click cells to compare fundamentals

Southern Account Relationship Matchups

High Positive Relationship

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net

High Negative Relationship

Not Found

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

26.82

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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When determining whether Southern offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Southern's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Southern Company Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Southern Company Stock:

How To Invest In Southern

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Is Southern Stock a good investment?

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What is Southern's Net Worth?

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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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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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.

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Southern Operating Income vs Interest Expense Analysis

Operating Income vs Interest Expense

Operating Income vs Interest Expense Correlation Analysis

Correlation Coefficient

Operating Income

Interest Expense

Southern fundamental ratios Correlations

Southern Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Southern fundamental ratios Accounts

Southern Investors Sentiment

Southern Implied Volatility

Currently Active Assets on Macroaxis

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