Southern Tax Provision vs Cost Of Revenue 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 Tax Provision and its Cost Of Revenue 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.
Tax Provision vs Cost Of Revenue
Tax Provision vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southern Tax Provision account and Cost Of Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Southern's Tax Provision and Cost Of Revenue is -0.37. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Cost Of Revenue 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 Tax Provision and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of Southern Company are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Tax Provision i.e., Southern's Tax Provision and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | -0.37 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Cost Of Revenue
Cost of Revenue is found on Southern income statement and represents the costs associated with goods and services Southern provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.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 27th 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 |
Southern fundamental ratios Correlations
Click cells to compare fundamentals
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 |
Currently Active Assets on Macroaxis
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: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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Southern Stock analysis
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.
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance |
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.