Southern Company (SO) — 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. See Southern Company (SO) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Southern Company Cash Flow-to-Debt Ratio (1994–2024)
Historical debt coverage capacity for Southern Company across 31 annual periods. Also explore SO year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Southern Company (1994–2024)
Year-by-year debt coverage analysis for Southern Company. For market capitalisation and broader financial context, see market value of Southern Company.
| 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 | — |