Corporate And Other — Goodwill
Southern Company Corporate And Other — Goodwill remained flat by 0.0% to $144.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 45.2%, from $263.00M to $144.00M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
A stable or decreasing balance is generally preferred, as significant increases may signal overpayment for acquisitions, while sudden decreases often indicate impairment charges.
Detailed definition
This metric represents the intangible asset value recorded when the company acquires other businesses at a price exceedi...
Peer comparison
Utility companies often carry goodwill in non-regulated segments due to past acquisitions of power generation or energy service companies, comparable to peers with diversified portfolios.
so_segment_all_other_goodwillHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $263.00M | $263.00M | $263.00M | $263.00M | $263.00M | $263.00M | $144.00M | $144.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | -45.2% | +0.0% |
| YoY Change | — | — | — | — | +0.0% | +0.0% | -45.2% | -45.2% |
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Frequently Asked Questions
- What is Southern Company's corporate and other — goodwill?
- Southern Company (SO) reported corporate and other — goodwill of $144.00M in Q3 2023.
- How has Southern Company's corporate and other — goodwill changed year-over-year?
- Southern Company's corporate and other — goodwill decreased by 45.2% year-over-year, from $263.00M to $144.00M.
- What does corporate and other — goodwill mean?
- The portion of the company's goodwill balance that is attributed to its corporate and non-regulated business segments.