A Look Into Southern's Debt
Portfolio Pulse from Benzinga Insights
Southern Inc.'s total debt stands at $59.46 billion, with $52.06 billion in long-term debt and $7.40 billion in current debt. After adjusting for $1.05 billion in cash-equivalents, the net debt is $58.41 billion. The company's debt ratio is 0.44, considering its total assets of $134.76 billion. Debt is an important factor in a company's capital structure and contributes to its growth, but it can also put the company at risk for default if interest rates increase.
July 17, 2023 | 1:15 pm
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Southern Inc.'s high debt levels could pose a risk if interest rates increase. However, the debt ratio of 0.44 is not alarming and is within acceptable limits for many industries.
The company's debt levels are high, which could pose a risk if interest rates increase. However, the debt ratio of 0.44, while high, is not alarming and is within acceptable limits for many industries. This suggests that the company's financial health is not in immediate danger, but investors should monitor the situation closely.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100