Southern (The) Series 2 (SOJD) Debt Metrics
Market Cap: $97.12B
Avg Volume: 105.43K
Industry: Regulated Electric
Sector: Utilities
How much debt does Southern (The) Series 2 have?
According to Southern (The) Series 2's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Southern (The) Series 2's total debt stands at $61.56B. This is broken down into:
- Long-term debt: $60.02B
- Short-term debt: $1.54B
The company's net debt, which accounts for cash and cash equivalents, is $61.56B. In terms of overall financial obligations, Southern (The) Series 2's total liabilities amount to $108.51B.
Debt Ratios and Metrics
To better understand Southern (The) Series 2's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 1.85 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 42.40% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 2.58 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 64.38% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 64.96% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Southern (The) Series 2's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$61.56B
Long-term Debt
$60.02B
Short-term Debt
$1.54B
Net Debt
$61.56B
Total Liabilities
$108.51B
Interest Coverage
2.58
Debt to Equity Ratio
1.85
Debt Ratio
42.40%
Southern (The) Series 2 Historical Debt Metrics
Southern (The) Series 2 Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $61.56B | $60.02B | $1.54B | $61.56B | $108.51B | 1.85 | 42.40% | 2.58 | 64.38% | 64.96% |
| 2023 | $63.49B | $58.52B | $4.97B | $62.74B | $104.11B | 2.02 | 45.57% | 2.38 | 64.42% | 66.88% |
| 2022 | $59.13B | $52.04B | $7.09B | $57.22B | $100.36B | 1.94 | 43.84% | 2.66 | 62.49% | 66.04% |
| 2021 | $55.47B | $51.62B | $3.85B | $53.67B | $94.97B | 1.97 | 43.49% | 2.01 | 64.02% | 66.32% |
| 2020 | $51.04B | $46.68B | $4.36B | $49.98B | $90.41B | 1.81 | 41.52% | 2.68 | 61.46% | 64.36% |
| 2019 | $48.69B | $43.41B | $5.27B | $46.71B | $86.65B | 1.75 | 41.02% | 3.31 | 60.06% | 63.66% |
| 2018 | $46.85B | $40.74B | $6.11B | $45.45B | $87.58B | 1.87 | 40.07% | 2.28 | 61.96% | 65.19% |
| 2017 | $50.79B | $44.46B | $6.33B | $48.66B | $85.15B | 2.07 | 45.76% | 1.51 | 64.48% | 67.47% |
| 2016 | $47.46B | $42.63B | $4.83B | $45.48B | $82.97B | 1.86 | 43.26% | 3.51 | 62.58% | 65.06% |
| 2015 | $28.74B | $24.69B | $4.07B | $27.33B | $56.22B | 1.35 | 36.69% | 5.10 | 53.66% | 57.41% |
Related Metrics
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