Non-Current Assets

Nuclear Fuel at Amortized Cost

Southern Company Nuclear Fuel at Amortized Cost increased by 2.3% to $862.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 2.6%, from $840.00M to $862.00M. Over 2 years (FY 2020 to FY 2022), Nuclear Fuel at Amortized Cost shows relatively stable performance with a 1.5% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ3 2023

How to read this metric

Changes reflect the timing of fuel loading cycles and the consumption rate of nuclear energy production.

Detailed definition

This represents the capitalized cost of nuclear fuel assemblies, net of amortization, used in the generation of electric...

Peer comparison

Specific to utilities with nuclear generation; peers with similar nuclear fleets will report comparable amortized fuel balances.

Metric ID: non_current_assets_nuclear_fuel_at_amortized_cost

Historical Data

8 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q3 '23
Value$816.00M$805.00M$824.00M$839.00M$837.00M$840.00M$843.00M$862.00M
QoQ Change-1.3%+2.4%+1.8%-0.2%+0.4%+0.4%+2.3%
YoY Change+2.6%+4.3%+2.3%+2.6%
Range$805.00M$862.00M
CAGR+3.2%
Avg YoY Growth+3.0%
Median YoY Growth+2.6%
Current Streak3 quarters growth

Frequently Asked Questions

What is Southern Company's nuclear fuel at amortized cost?
Southern Company (SO) reported nuclear fuel at amortized cost of $862.00M in Q3 2023.
How has Southern Company's nuclear fuel at amortized cost changed year-over-year?
Southern Company's nuclear fuel at amortized cost increased by 2.6% year-over-year, from $840.00M to $862.00M.
What is the long-term trend for Southern Company's nuclear fuel at amortized cost?
Over 2 years (2020 to 2022), Southern Company's nuclear fuel at amortized cost has grown at a 1.5% compound annual growth rate (CAGR), from $818.00M to $843.00M.
What does nuclear fuel at amortized cost mean?
The unamortized cost of nuclear fuel currently in use or held for future cycles.