Southern Quarterly Balance Sheet
NYSE: SOUtilitiesElectric Utilities: CentralUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Southern financial position
As of Mar 31, 2026, Southern reported total assets of $157.03 billion, up 6.0% from a year earlier against total liabilities of $117.12 billion. Shareholders' equity stood at $39.91 billion, or 25.4% of assets. The company held $981.0 million in cash and equivalents against $74.52 billion of debt, a net debt position of $73.54 billion.
The current ratio (current assets divided by current liabilities) was 0.65, meaning short-term obligations exceed short-term assets. Debt-to-equity was 1.87.
Summary generated from market data by MetaCap's automated system. Methodology
Southern balance sheet (quarterly)
| Quarter (USD) | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 | Q2 20232023-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 981.00M | 1.64B | 3.34B | 1.26B | 2.33B | 1.07B | 1.02B | 1.15B | 713.00M | 748.00M | 1.68B | 2.12B |
| Total Current Assets | 9.96B | 10.92B | 12.63B | 10.80B | 11.82B | 10.69B | 11.04B | 10.99B | 10.54B | 10.43B | 11.09B | 10.98B |
| Property, Plant & Equipment | — | — | — | — | — | — | — | 101.89B | 100.47B | 99.84B | 98.25B | 96.77B |
| Goodwill | 5.16B | 5.16B | 5.16B | 5.16B | 5.16B | 5.16B | 5.16B | 5.16B | 5.16B | 5.16B | 5.16B | 5.16B |
| Intangible Assets | 294.00M | 300.00M | 308.00M | 316.00M | 324.00M | 332.00M | 341.00M | 350.00M | 359.00M | 368.00M | 377.00M | 386.00M |
| Long-Term Investments | — | — | — | — | — | — | — | — | 10.10B | 9.99B | 9.77B | 9.85B |
| Total Assets | 157.03B | 155.72B | 153.25B | 148.85B | 148.11B | 145.18B | 143.96B | 141.94B | 140.12B | 139.33B | 138.32B | 137.12B |
| Accounts Payable | 2.91B | 3.71B | 3.02B | 2.95B | 3.09B | 3.70B | 3.95B | 2.44B | 2.15B | 2.90B | 2.94B | 2.49B |
| Short-Term Debt | 7.37B | 6.94B | 7.68B | 6.35B | 5.68B | 6.06B | 2.36B | 4.13B | 4.41B | 4.79B | 4.80B | 5.71B |
| Total Current Liabilities | 15.32B | 16.89B | 16.73B | 14.57B | 13.77B | 15.99B | 12.16B | 12.03B | 11.46B | 13.47B | 13.21B | 13.24B |
| Long-Term Debt | 67.15B | 65.65B | 64.62B | 62.98B | 62.94B | 58.77B | 61.25B | 59.88B | 59.36B | 57.21B | 56.00B | 55.13B |
| Total Liabilities | 117.12B | 116.85B | 114.97B | 111.51B | 110.89B | 108.51B | 107.05B | 105.83B | 104.51B | 104.11B | 103.02B | 102.47B |
| Shareholders' Equity | 39.91B | 36.02B | 38.27B | 37.34B | 37.22B | 33.21B | 36.91B | 36.11B | 35.61B | 31.44B | 35.30B | 34.65B |
| Retained Earnings | — | 14.86B | — | — | — | 13.75B | — | — | — | 12.48B | — | — |
| Total Debt | 74.52B | 72.59B | 72.31B | 69.34B | 68.62B | 64.82B | 63.62B | 64.02B | 63.77B | 62.00B | 60.80B | 60.84B |
| Net Cash (Debt) | -73.54B | -70.95B | -68.97B | -68.07B | -66.29B | -63.75B | -62.60B | -62.87B | -63.06B | -61.25B | -59.13B | -58.72B |
This table shows 12 quarterly periods of Southern's balance sheet, from Q1 2026 back to Q2 2023, across 16 line items including cash & equivalents, total current assets, property, plant & equipment. Values in USD; B = billions, M = millions. Fiscal periods follow SO's reporting calendar. What is a balance sheet?