Southern Company (SO) - Total Liabilities
Based on the latest financial reports, Southern Company (SO) has total liabilities worth $114.97 Billion USD as of September 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Explore Southern Company cash flow conversion to assess how effectively this company generates cash.
Southern Company - Total Liabilities Trend (1994–2024)
This chart illustrates how Southern Company's total liabilities have evolved over time, based on quarterly financial data. Check Southern Company (SO) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Southern Company Competitors by Total Liabilities
The table below lists competitors of Southern Company ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
McKesson Corporation
NYSE:MCK
|
USA | $84.29 Billion |
|
Equinor ASA
OL:EQNR
|
Norway | Nkr91.30 Billion |
|
BNP PARIBAS ADR 1/2/EO 2
F:BNPH
|
Germany | €2.66 Trillion |
|
Enel SpA
F:ENLA
|
Germany | €131.55 Billion |
|
China Yangtze Power Co Ltd
SHG:600900
|
China | CN¥335.78 Billion |
|
Canadian Natural Resources Ltd
TO:CNQ
|
Canada | CA$45.13 Billion |
|
Comcast Corp
NASDAQ:CMCSA
|
USA | $175.25 Billion |
Liability Composition Analysis (1994–2024)
This chart breaks down Southern Company's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see SO company net worth.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.75 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | 0.20 | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 3.28 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.75 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Southern Company's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Southern Company (1994–2024)
The table below shows the annual total liabilities of Southern Company from 1994 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $108.51 Billion | +4.23% |
| 2023-12-31 | $104.11 Billion | +3.73% |
| 2022-12-31 | $100.36 Billion | +5.68% |
| 2021-12-31 | $94.97 Billion | +5.04% |
| 2020-12-31 | $90.41 Billion | +4.34% |
| 2019-12-31 | $86.65 Billion | -1.07% |
| 2018-12-31 | $87.58 Billion | +2.85% |
| 2017-12-31 | $85.15 Billion | +2.63% |
| 2016-12-31 | $82.97 Billion | +47.58% |
| 2015-12-31 | $56.22 Billion | +14.89% |
| 2014-12-31 | $48.93 Billion | +10.19% |
| 2013-12-31 | $44.41 Billion | +1.46% |
| 2012-12-31 | $43.77 Billion | +7.79% |
| 2011-12-31 | $40.61 Billion | +6.52% |
| 2010-12-31 | $38.12 Billion | +4.56% |
| 2009-12-31 | $36.46 Billion | +6.10% |
| 2008-12-31 | $34.36 Billion | +6.31% |
| 2007-12-31 | $32.32 Billion | +5.14% |
| 2006-12-31 | $30.74 Billion | +7.52% |
| 2005-12-31 | $28.59 Billion | +9.48% |
| 2004-12-31 | $26.12 Billion | +4.02% |
| 2003-12-31 | $25.11 Billion | +1.59% |
| 2002-12-31 | $24.71 Billion | +14.70% |
| 2001-12-31 | $21.55 Billion | +6.65% |
| 2000-12-31 | $20.20 Billion | +2.45% |
| 1999-12-31 | $19.72 Billion | -22.64% |
| 1998-12-31 | $25.49 Billion | +3.28% |
| 1997-12-31 | $24.68 Billion | +25.54% |
| 1996-12-31 | $19.66 Billion | -2.62% |
| 1995-12-31 | $20.19 Billion | +16.98% |
| 1994-12-31 | $17.26 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