Southern Company Cash Flow-to-Debt Ratio
Southern Company cash flow-to-debt ratio. Southern Company (SO) has a Cash Flow-to-Debt Ratio of 0.03x as of September 2025, meaning its operating cash flow of $3.77 Billion could theoretically repay 0% of its total liabilities ($114.97 Billion) in one year. Check SO cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Cash Flow-to-Debt Ratio of Southern Company (1994–2024)
Cash flow-to-debt ratio of Southern Company from 1994 to 2024. Historical debt coverage capacity for Southern Company across 31 annual periods. Check Southern Company earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
Southern Company Cash Flow-to-Debt Ratio by Year (1994–2024)
Southern Company cash flow-to-debt ratio by year from 1994 to 2024. Year-by-year debt coverage analysis for Southern Company. For the full cash flow conversion analysis, see Southern Company cash flow conversion.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | 0.09x | $9.79 Billion | $108.51 Billion | ▲ +24.3% |
| 2023 | 0.07x | $7.55 Billion | $104.11 Billion | ▲ +15.5% |
| 2022 | 0.06x | $6.30 Billion | $100.36 Billion | ▼ -3.3% |
| 2021 | 0.06x | $6.17 Billion | $94.97 Billion | ▼ -12.3% |
| 2020 | 0.07x | $6.70 Billion | $90.41 Billion | ▲ +11.0% |
| 2019 | 0.07x | $5.78 Billion | $86.65 Billion | ▼ -15.9% |
| 2018 | 0.08x | $6.95 Billion | $87.58 Billion | ▲ +5.6% |
| 2017 | 0.08x | $6.39 Billion | $85.15 Billion | ▲ +27.3% |
| 2016 | 0.06x | $4.89 Billion | $82.97 Billion | ▼ -47.1% |
| 2015 | 0.11x | $6.27 Billion | $56.22 Billion | ▼ -6.1% |
| 2014 | 0.12x | $5.82 Billion | $48.93 Billion | ▼ -13.4% |
| 2013 | 0.14x | $6.10 Billion | $44.41 Billion | ▲ +22.7% |
| 2012 | 0.11x | $4.90 Billion | $43.77 Billion | ▼ -23.0% |
| 2011 | 0.15x | $5.90 Billion | $40.61 Billion | ▲ +38.9% |
| 2010 | 0.10x | $3.99 Billion | $38.12 Billion | ▲ +17.0% |
| 2009 | 0.09x | $3.26 Billion | $36.46 Billion | ▼ -9.5% |
| 2008 | 0.10x | $3.40 Billion | $34.36 Billion | ▼ -5.9% |
| 2007 | 0.11x | $3.40 Billion | $32.32 Billion | ▲ +14.5% |
| 2006 | 0.09x | $2.82 Billion | $30.74 Billion | ▲ +3.7% |
| 2005 | 0.09x | $2.53 Billion | $28.59 Billion | ▼ -14.2% |
| 2004 | 0.10x | $2.69 Billion | $26.12 Billion | ▼ -15.6% |
| 2003 | 0.12x | $3.07 Billion | $25.11 Billion | ▲ +6.6% |
| 2002 | 0.11x | $2.83 Billion | $24.71 Billion | ▲ +3.5% |
| 2001 | 0.11x | $2.38 Billion | $21.55 Billion | ▼ -20.7% |
| 2000 | 0.14x | $2.82 Billion | $20.20 Billion | ▲ +1.0% |
| 1999 | 0.14x | $2.72 Billion | $19.72 Billion | ▲ +28.1% |
| 1998 | 0.11x | $2.75 Billion | $25.49 Billion | ▲ +1.4% |
| 1997 | 0.11x | $2.62 Billion | $24.68 Billion | ▼ -12.9% |
| 1996 | 0.12x | $2.40 Billion | $19.66 Billion | ▲ +6.5% |
| 1995 | 0.11x | $2.31 Billion | $20.19 Billion | ▼ -6.3% |
| 1994 | 0.12x | $2.11 Billion | $17.26 Billion | — |