Southern Historical Income Statement

SOJD Stock  USD 23.74  0.22  0.94%   
Historical analysis of Southern income statement accounts such as Net Income of 4.2 B, Income Tax Expense of 456.7 M, Depreciation And Amortization of 5.2 B or Interest Expense of 2.6 B can show how well Southern Co performed in making a profits. Evaluating Southern income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Southern's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Southern latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Southern is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southern Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.

About Southern Income Statement Analysis

Southern Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Southern shareholders. The income statement also shows Southern investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Southern Income Statement Chart

At present, Southern's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 2.6 B, whereas Gross Profit is forecasted to decline to about 8.3 B.

Total Revenue

Total revenue comprises all receipts Southern generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Southern Co minus its cost of goods sold. It is profit before Southern operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

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 Co 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.
Most accounts from Southern's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Southern current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
At present, Southern's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 2.6 B, whereas Gross Profit is forecasted to decline to about 8.3 B.
 2021 2022 2023 2024 (projected)
Gross Profit10.1B10.8B11.7B8.3B
Total Revenue23.1B29.3B25.3B15.6B

Southern income statement Correlations

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0.830.120.790.46-0.110.780.820.840.580.720.820.24-0.170.420.510.84-0.660.380.92-0.73-0.7
-0.160.120.630.3-0.14-0.040.01-0.270.45-0.23-0.260.47-0.020.120.440.3-0.150.540.06-0.24-0.3
0.570.790.630.67-0.040.660.670.480.830.460.350.55-0.120.370.710.83-0.670.710.7-0.76-0.79
0.420.460.30.670.490.680.660.320.830.41-0.010.830.190.70.810.74-0.720.610.52-0.73-0.79
0.29-0.11-0.14-0.040.49-0.1-0.120.140.50.35-0.410.740.210.540.260.07-0.030.16-0.160.060.01
0.60.78-0.040.660.68-0.10.970.640.520.550.610.21-0.010.350.550.78-0.820.390.86-0.85-0.85
0.610.820.010.670.66-0.120.970.660.520.560.650.210.080.440.540.81-0.730.280.93-0.86-0.8
0.970.84-0.270.480.320.140.640.660.460.960.740.16-0.230.340.30.63-0.490.150.74-0.55-0.45
0.620.580.450.830.830.50.520.520.460.580.020.840.050.520.680.69-0.550.640.49-0.6-0.63
0.980.72-0.230.460.410.350.550.560.960.580.520.32-0.210.360.310.57-0.450.20.61-0.5-0.4
0.620.82-0.260.35-0.01-0.410.610.650.740.020.52-0.28-0.190.180.160.55-0.42-0.010.8-0.48-0.41
0.340.240.470.550.830.740.210.210.160.840.32-0.280.150.730.740.55-0.410.620.19-0.41-0.48
-0.23-0.17-0.02-0.120.190.21-0.010.08-0.230.05-0.21-0.190.150.31-0.02-0.10.26-0.33-0.030.130.18
0.40.420.120.370.70.540.350.440.340.520.360.180.730.310.690.68-0.380.250.52-0.53-0.47
0.380.510.440.710.810.260.550.540.30.680.310.160.74-0.020.690.85-0.750.750.52-0.8-0.82
0.660.840.30.830.740.070.780.810.630.690.570.550.55-0.10.680.85-0.790.570.87-0.94-0.86
-0.5-0.66-0.15-0.67-0.72-0.03-0.82-0.73-0.49-0.55-0.45-0.42-0.410.26-0.38-0.75-0.79-0.7-0.630.770.91
0.260.380.540.710.610.160.390.280.150.640.2-0.010.62-0.330.250.750.57-0.70.23-0.51-0.77
0.70.920.060.70.52-0.160.860.930.740.490.610.80.19-0.030.520.520.87-0.630.23-0.84-0.72
-0.55-0.73-0.24-0.76-0.730.06-0.85-0.86-0.55-0.6-0.5-0.48-0.410.13-0.53-0.8-0.940.77-0.51-0.840.87
-0.47-0.7-0.3-0.79-0.790.01-0.85-0.8-0.45-0.63-0.4-0.41-0.480.18-0.47-0.82-0.860.91-0.77-0.720.87
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Southern Account Relationship Matchups

Southern income statement Accounts

201920202021202220232024 (projected)
Total Revenue21.4B20.4B23.1B29.3B25.3B15.6B
Gross Profit9.6B9.9B10.1B10.8B11.7B8.3B
Operating Income5.7B4.9B3.7B5.4B5.8B3.6B
Ebitda8.8B8.8B7.6B9.9B11.5B6.7B
Net Income4.8B3.1B2.4B3.5B4.0B4.2B
Income Tax Expense1.8B393M267M795M496M456.7M
Depreciation And Amortization3.0B3.9B4.0B4.1B5.0B5.2B
Interest Expense1.7B1.8B1.8B2.0B2.4B2.6B
Other Operating Expenses16.1B15.6B19.6B23.7B19.4B13.9B
Ebit5.7B4.9B3.6B5.8B6.5B4.0B
Cost Of Revenue11.8B10.5B13.1B18.5B13.5B9.5B
Total Operating Expenses4.3B5.1B6.5B5.3B5.9B4.4B
Income Before Tax6.5B3.5B2.6B4.2B4.3B2.9B
Total Other Income Expense Net793M(1.4B)(1.1B)(1.1B)965M1.0B
Net Income Applicable To Common Shares842M2.2B4.7B3.1B3.6B2.7B

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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 World Market Map to better understand how to build diversified portfolios, which includes a position in Southern Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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.