Southern Company (SO) - Total Assets
Based on the latest financial reports, Southern Company (SO) holds total assets worth $153.25 Billion USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Southern Company - Total Assets Trend (1994–2024)
This chart illustrates how Southern Company's total assets have evolved over time, based on quarterly financial data. Also see SO market cap overview for the company's overall valuation and market capitalisation.
Southern Company - Asset Composition Analysis
Current Asset Composition (December 2024)
Southern Company's total assets of $153.25 Billion consist of 7.4% current assets and 92.6% non-current assets. Review Southern Company balance sheet liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $1.07 Billion | 0.7% |
| Accounts Receivable | $4.29 Billion | 3.0% |
| Inventory | $3.37 Billion | 2.3% |
| Property, Plant & Equipment | $7.78 Billion | 5.4% |
| Intangible Assets | $332.00 Million | 0.2% |
| Goodwill | $5.16 Billion | 3.6% |
Asset Composition Trend (1994–2024)
This chart illustrates how Southern Company's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. See current stock price of Southern Company for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Southern Company's current assets represent 7.4% of total assets in 2024, a decrease from 8.8% in 1994.
- Cash Position: Cash and equivalents constituted 0.7% of total assets in 2024, up from 0.5% in 1994.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 0.0% in 1994.
- Asset Diversification: The largest asset category is property, plant & equipment at 5.4% of total assets.
Southern Company Competitors by Total Assets
Key competitors of Southern Company based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
DTE Energy Company
NYSE:DTE
|
USA | $55.11 Billion |
|
Evergy, Inc.
NASDAQ:EVRG
|
USA | $34.48 Billion |
|
Equatorial Energia S.A
SA:EQTL3
|
Brazil | R$111.79 Billion |
|
Transmissora Aliança de Energia Elétrica S.A
SA:TAEE11
|
Brazil | R$21.81 Billion |
|
Rede Energia Participações S.A
SA:REDE3
|
Brazil | R$35.73 Billion |
|
Transmissora Aliança de Energia Elétrica S.A
SA:TAEE3
|
Brazil | R$21.81 Billion |
|
Datang HuaYin Electric Power Co Ltd
SHG:600744
|
China | CN¥30.77 Billion |
|
Guizhou Qianyuan Power Co Ltd
SHE:002039
|
China | CN¥15.53 Billion |
Southern Company - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.75 | 0.91 | 0.71 |
| Quick Ratio | 0.56 | 0.63 | 0.51 |
| Cash Ratio | 0.20 | 0.08 | 0.00 |
| Working Capital | $-4.10 Billion | $-1.12 Billion | $-3.46 Billion |
Southern Company - Advanced Valuation Insights
This section examines the relationship between Southern Company's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.80 |
| Latest Market Cap to Assets Ratio | 0.63 |
| Asset Growth Rate (YoY) | 4.2% |
| Total Assets | $145.18 Billion |
| Market Capitalization | $91.26 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Southern Company's assets below their book value (0.63x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Southern Company's assets grew by 4.2% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Southern Company (1994–2024)
The table below shows the annual total assets of Southern Company from 1994 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $145.18 Billion | +4.20% |
| 2023-12-31 | $139.33 Billion | +3.29% |
| 2022-12-31 | $134.89 Billion | +5.77% |
| 2021-12-31 | $127.53 Billion | +3.74% |
| 2020-12-31 | $122.94 Billion | +3.57% |
| 2019-12-31 | $118.70 Billion | +1.53% |
| 2018-12-31 | $116.91 Billion | +5.32% |
| 2017-12-31 | $111.00 Billion | +1.19% |
| 2016-12-31 | $109.70 Billion | +40.07% |
| 2015-12-31 | $78.32 Billion | +11.51% |
| 2014-12-31 | $70.23 Billion | +8.81% |
| 2013-12-31 | $64.55 Billion | +2.21% |
| 2012-12-31 | $63.15 Billion | +6.55% |
| 2011-12-31 | $59.27 Billion | +7.70% |
| 2010-12-31 | $55.03 Billion | +5.74% |
| 2009-12-31 | $52.05 Billion | +7.65% |
| 2008-12-31 | $48.35 Billion | +5.59% |
| 2007-12-31 | $45.79 Billion | +6.84% |
| 2006-12-31 | $42.86 Billion | +7.48% |
| 2005-12-31 | $39.88 Billion | +7.91% |
| 2004-12-31 | $36.95 Billion | +5.05% |
| 2003-12-31 | $35.18 Billion | +4.32% |
| 2002-12-31 | $33.72 Billion | +12.79% |
| 2001-12-31 | $29.90 Billion | -4.36% |
| 2000-12-31 | $31.26 Billion | +6.72% |
| 1999-12-31 | $29.29 Billion | -19.07% |
| 1998-12-31 | $36.19 Billion | +2.65% |
| 1997-12-31 | $35.26 Billion | +16.62% |
| 1996-12-31 | $30.23 Billion | -0.96% |
| 1995-12-31 | $30.52 Billion | +12.87% |
| 1994-12-31 | $27.04 Billion | -- |
About Southern Company
The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. The company develops, constructs, acquires, owns, and manages power generation assets, including renewable energy projects and sells electricity in the wholesale market; distributes natural gas in Illinois, Georgia, Virginia, and Tennessee; operates, constructs, and maintains … Read more