Balance Sheet Data

The Southern Company (SO)

$66.91

+0.55 (+0.83%)

Year
A/P
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Total Cash 2,1301,3961,9751,0651,7981,737.181,744.741,752.341,759.981,767.65
Total Cash (%)
Account Receivables 4,0484,0593,4093,3352,9623,711.943,728.113,744.353,760.663,777.05
Account Receivables (%)
Inventories 2,6272,3942,3882,4882,3552,560.232,571.392,582.592,593.842,605.14
Inventories (%)
Accounts Payable 3,0763,4362,5572,8062,1692,928.382,941.142,953.952,966.822,979.74
Accounts Payable (%)
Capital Expenditure -7,423-8,001-7,555-7,441-7,240-7,864.87-7,899.13-7,933.55-7,968.11-8,002.82
Capital Expenditure (%)



To support growth, companies need to keep investing in capital items – including property, plants and equipment.
To calculate this net investment,we take capital expenditure (found in the company’s statement of cash flows) and subtract non-cash depreciation (found on the income statement).
Working capital refers to the cash a company needs for day-to-day operations.
The faster a company expands, the more cash it will need.
To calculate working capital, we take current assets and subtract current liabilities.
You can find both of these on a company’s balance sheet, which is published in its quarterly and annual financial statements.