Southern Accumulated Depreciation from 2010 to 2024

SOJD Stock  USD 23.52  0.02  0.09%   
Southern's Accumulated Depreciation is decreasing over the years with slightly volatile fluctuation. Accumulated Depreciation is expected to dwindle to about -30.6 B. During the period from 2010 to 2024 Southern Accumulated Depreciation annual values regression line had coefficient of variation of (14.52) and r-squared of  0.68. View All Fundamentals
 
Accumulated Depreciation  
First Reported
2013-06-30
Previous Quarter
-32.9 B
Current Value
-33.2 B
Quarterly Volatility
3.6 B
 
Yuan Drop
 
Covid
Check Southern financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Southern's main balance sheet or income statement drivers, such as Total Revenue of 15.6 B, Gross Profit of 8.3 B or Operating Income of 3.6 B, as well as many indicators such as Price To Sales Ratio of 3.18, Dividend Yield of 0.0593 or PTB Ratio of 1.5. Southern financial statements analysis is a perfect complement when working with Southern Valuation or Volatility modules.
  
Check out the analysis of Southern Correlation against competitors.

Latest Southern's Accumulated Depreciation Growth Pattern

Below is the plot of the Accumulated Depreciation of Southern Co over the last few years. Accumulated depreciation is the total amount of depreciation for Southern Co 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. It is Southern's Accumulated Depreciation historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Southern's overall financial position and show how it may be relating to other accounts over time.
Accumulated Depreciation10 Years Trend
Slightly volatile
   Accumulated Depreciation   
       Timeline  

Southern Accumulated Depreciation Regression Statistics

Arithmetic Mean(28,148,564,333)
Coefficient Of Variation(14.52)
Mean Deviation3,779,118,133
Median(30,615,165,000)
Standard Deviation4,087,000,025
Sample Variance16703569.2T
Range9.3B
R-Value(0.83)
Mean Square Error5740720.2T
R-Squared0.68
Significance0.0002
Slope(754,085,554)
Total Sum of Squares233849968.9T

Southern Accumulated Depreciation History

2024-30.6 B
2023-29.2 B
2020-32.4 B
2019-30.8 B
2018-31 B
2016-31.5 B
2015-24.3 B

About Southern Financial Statements

Southern stakeholders use historical fundamental indicators, such as Southern's Accumulated Depreciation, to determine how well the company is positioned to perform in the future. Although Southern investors may analyze each financial statement separately, they are all interrelated. For example, changes in Southern's assets and liabilities are reflected in the revenues and expenses on Southern's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Southern Co. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accumulated Depreciation-29.2 B-30.6 B

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When determining whether Southern is a strong investment it is important to analyze Southern's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Southern's future performance. For an informed investment choice regarding Southern Stock, refer to the following important reports:
Check out the analysis of Southern Correlation against competitors.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Electric Utilities space 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.
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.