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Current Assets

Cash & Equivalents

Southern Company Cash & Equivalents decreased by 39.8% to $987M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 57.7%, from $2.33B to $987M. Over 4 years (FY 2020 to FY 2025), Cash & Equivalents shows an upward trend with a 11.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2012
Last reportedQ1 2026Apr 30, 2026

How to read this metric

Higher levels indicate strong liquidity and financial flexibility, while lower levels may signal potential funding needs.

Detailed definition

This represents the most liquid assets held by the company, including cash on hand, demand deposits, and short-term inve...

Peer comparison

Standard metric across all sectors; utilities typically maintain steady balances to manage regulatory and operational volatility.

Metric ID: cash_and_equivalents

Historical Data

12 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q3 '23Q4 '24Q1 '25Q4 '25Q1 '26
Value$1.62B$2.1B$1.83B$1.67B$1.74B$2.01B$2.04B$1.89B$1.1B$2.33B$1.64B$987M
QoQ Change+29.9%-12.9%-8.5%+3.7%+16.0%+1.2%-7.2%-41.7%+111.8%-29.7%-39.8%
YoY Change+7.3%-4.2%+11.4%-6.1%+49.0%-57.7%
Range$987M$2.33B
CAGR-16.4%
Avg YoY Growth-0.1%
Median YoY Growth+1.6%
Current Streak2 quarters decline

Frequently Asked Questions

What is Southern Company's cash & equivalents?
Southern Company (SO) reported cash & equivalents of $987M in Q1 2026.
How has Southern Company's cash & equivalents changed year-over-year?
Southern Company's cash & equivalents decreased by 57.7% year-over-year, from $2.33B to $987M.
What is the long-term trend for Southern Company's cash & equivalents?
Over 4 years (2020 to 2025), Southern Company's cash & equivalents has grown at a 11.3% compound annual growth rate (CAGR), from $1.07B to $1.64B.
What does cash & equivalents mean?
The total amount of cash and highly liquid short-term investments held by the company.