As of June 9, 2025, Southern Co (SO) reports a Current Ratio of 0.67.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of Southern Co's Current Ratio
Over recent years, Southern Co's Current Ratio has shown a stable trend. The table below summarizes the historical values:
Date | Current Ratio |
---|---|
2024-12-31 | 0.67 |
2023-12-31 | 0.77 |
2022-12-31 | 0.66 |
2021-12-31 | 0.82 |
2020-12-31 | 0.71 |
This slight downward trend highlights how Southern Co manages its short-term assets and liabilities over time.
Comparing Southern Co's Current Ratio to Peers
To better understand Southern Co's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
Company | Current Ratio |
---|---|
Southern Co (SO) | 0.67 |
Hawaiian Electric Industries Inc (HE) | 2.71 |
Otter Tail Corp (OTTR) | 2.03 |
MGE Energy Inc (MGEE) | 1.81 |
Idacorp Inc (IDA) | 1.41 |
ALLETE Inc (ALE) | 1.08 |
Compared to its competitors, Southern Co's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.