SOJE: the balance sheet

MyFinsight

For the year ending 2025-12-31, SOJE has $155,720M in assets. $116,853M in debts. $1,639M in cash and cash equivalents.

Balance Sheets Overview

Current Ratio
64.64%
Cash Ratio
9.71%
Debt to Asset Ratio
75.04%
Assets Breakdown
In service
Less accumulated depreciation
Construction work in progress
Others
Liabilities Breakdown
Long-term debt
Total stockholders' equity
Paid-in capital
Others

Unit: Million (M) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Cash and cash equivalents	1,639	1,070	748	1,917
Customer accounts	2,251	2,228	2,030	2,138
Unbilled revenues	931	825	786	1,012
Under recovered fuel clause revenues	-	713	696	-
Regulatory assets under recovered retail fuel clause revenues	316	-	-	-
Other accounts and notes	655	597	519	637
Accumulated provision for uncollectible accounts	84	74	68	71
Materials and supplies	2,202	2,178	1,989	1,664
Fossil fuel for generation	735	803	943	575
Natural gas for sale	396	388	420	438
Prepaid expenses	327	294	406	347
Assets from risk management activities, net of collateral	63	39	36	115
Regulatory assets asset retirement obligations	353	353	274	332
Natural gas cost under recovery	-	-	0	108
Other regulatory assets	709	804	1,120	860
Other current assets	424	476	533	344
Total current assets	10,917	10,694	10,432	10,416
In service	146,114	137,143	128,428	117,529
Less accumulated depreciation	43,483	40,126	37,725	35,297
Plant in service, net of depreciation	102,631	97,017	90,703	82,232
Other utility plant, net	307	410	499	599
Nuclear fuel, at amortized cost	897	873	858	843
Construction work in progress	10,534	6,389	7,784	10,896
Total property, plant, and equipment	114,369	104,689	99,844	94,570
Goodwill	5,161	5,161	5,161	5,161
Nuclear decommissioning trusts, at fair value	2,947	2,621	2,424	2,145
Equity investments in unconsolidated subsidiaries	1,318	1,416	1,368	1,443
Other intangible assets, net of amortization	300	332	368	406
Miscellaneous property and investments	714	668	665	602
Total other property and investments	-	-	9,986	9,757
Other property and investments	10,440	10,198	-	-
Operating lease right-of-use assets, net of amortization	1,358	1,386	1,432	1,531
Deferred charges related to income taxes	948	889	886	866
Prepaid pension and other postretirement benefit costs	3,257	2,674	2,079	2,290
Unamortized loss on reacquired debt	187	203	220	238
Deferred under recovered fuel clause revenues	-	-	-	2,056
Deferred under recovered retail fuel clause revenues	252	485	1,261	-
Regulatory assets asset retirement obligations, deferred	5,129	5,458	5,459	5,764
Other regulatory assets, deferred	7,427	7,037	6,264	5,918
Other deferred charges and assets	1,436	1,467	1,468	1,485
Total deferred charges and other assets	19,994	19,599	19,069	20,148
Total assets	155,720	145,180	139,331	134,891

Securities due within one year	6,220	4,718	2,476	4,285
Notes payable	722	1,338	2,314	2,609
Accounts payable	3,710	3,701	2,898	3,525
Customer deposits	475	486	503	502
Accrued income taxes	22	57	8	60
Other accrued taxes	982	997	860	764
Accrued interest	807	682	652	614
Accrued compensation	1,418	1,261	1,151	1,127
Asset retirement obligations	662	731	744	694
Liabilities from risk management activities, net of collateral	118	160	294	-
Operating lease obligations	197	200	183	197
Natural gas cost over recovery	158	193	214	-
Other regulatory liabilities	240	369	141	382
Other current liabilities	1,157	1,100	1,029	965
Total current liabilities	16,888	15,993	13,467	15,724
Long-term debt	65,649	58,768	57,210	50,656
Accumulated deferred income taxes	12,133	11,730	10,990	10,036
Deferred credits related to income taxes	4,712	4,434	4,674	5,235
Accumulated deferred itcs	2,002	2,056	2,067	2,133
Employee benefit obligations	980	1,011	1,115	1,238
Operating lease obligations, deferred	1,287	1,253	1,307	1,388
Asset retirement obligations, deferred	8,939	9,203	9,573	10,146
Other cost of removal obligations	2,036	2,016	1,957	1,903
Other regulatory liabilities, deferred	722	692	715	733
Other deferred credits and liabilities	1,505	1,350	1,031	1,167
Total deferred credits and other liabilities	34,316	33,745	33,429	33,979
Total liabilities	116,853	108,506	104,106	100,359
Redeemable preferred stock-Redeemable Preferred Stock Type One	-	-	-	0
Redeemable preferred stock-Redeemable Preferred Stock Type Two	-	-	-	0
Redeemable preferred stock	-	-	-	0
Common stock	5,554	5,446	-	5,417
Paid-in capital	15,740	14,149	-	13,673
Treasury, at cost	59	59	-	53
Retained earnings	14,856	13,750	-	11,538
Accumulated other comprehensive income (loss)	-75	-78	-	-167
Total common stockholders' equity	36,016	33,208	-	30,408
Noncontrolling interests	2,851	3,466	-	4,124
Total stockholders' equity	38,867	36,674	35,225	34,532
Total liabilities and stockholders' equity	155,720	145,180	139,331	134,891

Unit: Million (M) dollars

MyFinsight

Balance Sheets Overview

Current Ratio
64.64%
Cash Ratio
9.71%
Debt to Asset Ratio
75.04%
Assets Breakdown
In service
Less accumulated depreciation
Construction work in progress
Others
Liabilities Breakdown
Long-term debt
Total stockholders' equity
Paid-in capital
Others

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Current Ratio
64.64%
Cash Ratio
9.71%
Debt to Asset Ratio
75.04%
Assets Breakdown
In service
Less accumulated depreciation
Construction work in progress
Others
Liabilities Breakdown
Long-term debt
Total stockholders' equity
Paid-in capital
Others

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Current Ratio64.64%Cash Ratio9.71%Debt to Asset Ratio75.04%Assets BreakdownIn serviceLess accumulated depreciationConstruction work in progressOthersLiabilities BreakdownLong-term debtTotal stockholders' equityPaid-in capitalOthers

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Current Ratio64.64%Cash Ratio9.71%Debt to Asset Ratio75.04%Assets BreakdownIn serviceLess accumulated depreciationConstruction work in progressOthersLiabilities BreakdownLong-term debtTotal stockholders' equityPaid-in capitalOthers

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Current Ratio
64.64%
Cash Ratio
9.71%
Debt to Asset Ratio
75.04%
Assets Breakdown
In service
Less accumulated depreciation
Construction work in progress
Others
Liabilities Breakdown
Long-term debt
Total stockholders' equity
Paid-in capital
Others

Current Ratio
64.64%
Cash Ratio
9.71%
Debt to Asset Ratio
75.04%
Assets Breakdown
In service
Less accumulated depreciation
Construction work in progress
Others
Liabilities Breakdown
Long-term debt
Total stockholders' equity
Paid-in capital
Others