Southern Co (SO)
73.91
+0.66
(+0.90%)
USD |
NYSE |
Apr 24, 16:00
73.03
-0.88
(-1.19%)
Pre-Market: 20:00
Southern Debt to Equity Ratio: 1.972 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 1.972 |
| September 30, 2023 | 1.938 |
| June 30, 2023 | 1.984 |
| March 31, 2023 | 1.932 |
| December 31, 2022 | 1.893 |
| September 30, 2022 | 1.749 |
| June 30, 2022 | 1.890 |
| March 31, 2022 | 1.894 |
| December 31, 2021 | 1.907 |
| September 30, 2021 | 1.823 |
| June 30, 2021 | 1.827 |
| March 31, 2021 | 1.785 |
| December 31, 2020 | 1.740 |
| September 30, 2020 | 1.754 |
| June 30, 2020 | 1.714 |
| March 31, 2020 | 1.704 |
| December 31, 2019 | 1.685 |
| September 30, 2019 | 1.653 |
| June 30, 2019 | 1.627 |
| March 31, 2019 | 1.647 |
| December 31, 2018 | 1.873 |
| September 30, 2018 | 1.865 |
| June 30, 2018 | 2.074 |
| March 31, 2018 | 2.078 |
| December 31, 2017 | 2.073 |
| Date | Value |
|---|---|
| September 30, 2017 | 2.013 |
| June 30, 2017 | 2.095 |
| March 31, 2017 | 1.893 |
| December 31, 2016 | 1.861 |
| September 30, 2016 | 1.799 |
| June 30, 2016 | 1.735 |
| March 31, 2016 | 1.379 |
| December 31, 2015 | 1.346 |
| September 30, 2015 | 1.268 |
| June 30, 2015 | 1.309 |
| March 31, 2015 | 1.233 |
| December 31, 2014 | 1.174 |
| September 30, 2014 | 1.165 |
| June 30, 2014 | 1.193 |
| March 31, 2014 | 1.171 |
| December 31, 2013 | 1.155 |
| September 30, 2013 | 1.161 |
| June 30, 2013 | 1.232 |
| March 31, 2013 | 1.218 |
| December 31, 2012 | 1.156 |
| September 30, 2012 | 1.123 |
| June 30, 2012 | 1.168 |
| March 31, 2012 | 1.193 |
| December 31, 2011 | 1.136 |
| September 30, 2011 | 1.132 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
1.627
Minimum
Jun 2019
1.984
Maximum
Jun 2023
1.814
Average
1.823
Median
Sep 2021
Debt to Equity Ratio Benchmarks
| Duke Energy Corp | 1.620 |
| NextEra Energy Inc | 1.643 |
| The AES Corp | 10.80 |
| Entergy Corp | 1.791 |
| NRG Energy Inc | 3.700 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 139.33B |
| Total Liabilities (Quarterly) | 104.11B |
| Shareholders Equity (Quarterly) | 31.44B |
| Current Ratio | 0.7746 |
| Net Debt Paydown Yield | -1.81% |