SO Debt-to-Equity Ratio Analysis

The debt-to-equity (D/E) ratio shows how much debt a company uses to fund its assets compared to shareholder equity; SO's current 1.91x means it holds $1.91 of debt for every $1 of equity.

This is far above the sector median of 0.73x and places the company in the 84th percentile among peers, indicating a much higher leverage profile than most comparable firms. The metric decreased by -5.0% quarter-over-quarter from the prior reading of 2.01x, while the year-over-year change is not available. That recent drop signals a modest deleveraging step, although the overall trend direction over the last eight quarters remains undefined. The high absolute

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