Current Assets
Total Current Assets
Southern Company Total Current Assets increased by 6.5% to $11.09B in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 7.0%, from $10.36B to $11.09B. Over 2 years (FY 2020 to FY 2022), Total Current Assets shows an upward trend with a 9.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ3 2015
Last reportedQ4 2025
How to read this metric
A higher value relative to current liabilities indicates a strong safety margin for meeting short-term obligations.
Detailed definition
The sum of all assets that are reasonably expected to be converted into cash or consumed within one year. This aggregate...
Peer comparison
High-growth tech companies often maintain high current asset levels to support rapid scaling and R&D needs.
Metric ID:
total_current_assetsHistorical Data
8 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $9.55B | $9.67B | $8.97B | $9.30B | $9.78B | $10.36B | $10.42B | $11.09B |
| QoQ Change | — | +1.3% | -7.3% | +3.7% | +5.2% | +6.0% | +0.5% | +6.5% |
| YoY Change | — | — | — | — | +2.4% | +7.1% | +16.2% | +7.0% |
Range$8.97B – $11.09B
CAGR+8.9%
Avg YoY Growth+8.2%
Median YoY Growth+7.1%
Current Streak5 quarters growth
Total Current Assets at Other Companies
Frequently Asked Questions
- What is Southern Company's total current assets?
- Southern Company (SO) reported total current assets of $11.09B in Q3 2023.
- How has Southern Company's total current assets changed year-over-year?
- Southern Company's total current assets increased by 7.0% year-over-year, from $10.36B to $11.09B.
- What is the long-term trend for Southern Company's total current assets?
- Over 2 years (2020 to 2022), Southern Company's total current assets has grown at a 9.9% compound annual growth rate (CAGR), from $8.62B to $10.42B.
- What does total current assets mean?
- Everything the company owns that can be turned into cash within a single year.