Southern Debt/Equity
What is the Debt/Equity of Southern?
The Debt/Equity of Southern Company is 3.31
What is the definition of Debt/Equity?
Debt to equity ratio is a financial ratio indicating the relative proportion of shareholders’ equity and debt used to finance a company’s assets.
lfy (last fiscal year)
The debt to equity ratio is generally calculated by dividing debt by equity. The D/E ratio is also known as risk, gearing or leverage. The two components are often taken from the firm's balance sheet or statement of financial position (so-called book value), but the ratio may also be calculated using market values for both, if the company's debt and equity are publicly traded, or using a combination of book value for debt and market value for equity financially. Preferred stock can be considered part of debt or equity. Attributing preferred shares to one or the other is partially a subjective decision but will also take into account the specific features of the preferred shares. When used to calculate a company's financial leverage, the debt usually includes only the long-term debt.
Debt/Equity of companies in the Utilities sector on NYSE compared to Southern
What does Southern do?
Southern Company is an American gas and electric utility holding company based in the southern United States. It is headquartered in Atlanta, Georgia, with executive offices also located in Birmingham, Alabama. The company is the second largest utility company in the U.S. in terms of customer base, as of 2021.
Companies with debt/equity similar to Southern
- Roche Bobois S.A has Debt/Equity of 3.30
- Global Partners LP has Debt/Equity of 3.30
- ScS Plc has Debt/Equity of 3.31
- Core-Mark Hldg Co Inc has Debt/Equity of 3.31
- Haitong International Securities has Debt/Equity of 3.31
- Wall has Debt/Equity of 3.31
- Southern has Debt/Equity of 3.31
- Puma Biotechnology Inc has Debt/Equity of 3.31
- Haitong Securities Co has Debt/Equity of 3.32
- Abeona Therapeutics Inc has Debt/Equity of 3.32
- Grammer AG has Debt/Equity of 3.32
- Butn has Debt/Equity of 3.32
- GAM AG has Debt/Equity of 3.32