Discontinued — last reported Q4 '23
Gas Distribution Operations — Consolidated Depreciation and Amortization
NiSource Gas Distribution Operations — Consolidated Depreciation and Amortization remained flat by 0.0% to $116.15M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 11.7%, from $103.98M to $116.15M. Over 2 years (FY 2021 to FY 2023), Gas Distribution Operations — Consolidated Depreciation and Amortization shows an upward trend with a 10.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase suggests a larger asset base or shorter useful life estimates, while a decrease may indicate lower capital intensity or fully depreciated assets.
Detailed definition
This metric represents the total non-cash expense allocated to the gas distribution segment for the wear and tear of phy...
Peer comparison
Standard across regulated utilities, typically correlated with the scale of the rate base and recent capital expenditure cycles.
ni_segment_gas_distribution_operations_consolidated_depreciation_and_amortizationHistorical Data
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $383.00M | $415.90M | $464.60M |
| YoY Change | — | +8.6% | +11.7% |
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Frequently Asked Questions
- What is NiSource's gas distribution operations — consolidated depreciation and amortization?
- NiSource (NI) reported gas distribution operations — consolidated depreciation and amortization of $116.15M in Q4 2023.
- How has NiSource's gas distribution operations — consolidated depreciation and amortization changed year-over-year?
- NiSource's gas distribution operations — consolidated depreciation and amortization increased by 11.7% year-over-year, from $103.98M to $116.15M.
- What is the long-term trend for NiSource's gas distribution operations — consolidated depreciation and amortization?
- Over 2 years (2021 to 2023), NiSource's gas distribution operations — consolidated depreciation and amortization has grown at a 10.1% compound annual growth rate (CAGR), from $383.00M to $464.60M.
- What does gas distribution operations — consolidated depreciation and amortization mean?
- The total annual non-cash expense for the aging of gas distribution infrastructure and intangible assets.