SO Debt-to-Equity Ratio Analysis
Updated 33h ago·SEC filings & market data
Key Takeaway
Debt-to-equity ratio measures how much debt a company uses to finance its assets relative to shareholders’ equity; at 1.91x, SO carries $1.91 of debt for every $1 of equity.
Sector Performance
83th percentileSO
1.91x
Sector Median
0.74x
Sector Avg
2.51x
Prior Period
2.01x(Jul 2026)
Deep Analysis
Debt-to-equity ratio measures how much debt a company uses to finance its assets relative to shareholders’ equity; at 1.91x, SO carries $1.91 of debt for every $1 of equity.
That is well above the sector median of 0.74x, placing SO in the 84th percentile among peers, meaning most comparable companies use far less leverage. The year-over-year change is not available, but the quarter-over-quarter change is -5.0%, with the ratio moving from 2.01x to 1.91x. The high debt load is a risk factor, though the recent quarterly decline suggests modest deleveraging rather than a rapid increase in borrowing. This combination of a high level with a small downward move implies elevated financial risk that is not worsening, but also not yet near sector norms. Overall, the metric supports the NEUTRAL verdict: the high leverage keeps risk elevated, while the slight improvement prevents a more bearish tilt.
Frequently Asked Questions
What does the Debt-to-Equity Ratio tell investors about SO?
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
How is the Debt-to-Equity Ratio calculated?
Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.
Who are SO's closest peers by Debt-to-Equity Ratio?
The closest peers by Debt-to-Equity Ratio include: TAP (0.76x), PCAR (0.72x), O (0.78x), PRU (0.78x), KIM (0.85x).
Learn More About Debt-to-Equity Ratio
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Debt/Equity Ratio: How Much Debt Is Too Much?
The debt to equity ratio explained: why context, interest coverage, and sector norms matter far more than the raw number when assessing debt risk.
The Formula
Total Debt / Shareholders' Equity
Why It Matters
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
Master SO's Valuation
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1.91x
Sector Median
0.74x
Sector Avg
2.51x
How SO's Debt-to-Equity Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.