Southern Company Corporate And Other — Total Assets increased by 9.5% to $9.80B in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 7.6%, from $9.10B to $9.80B.
An increase may indicate expansion into non-regulated ventures or increased investment in corporate infrastructure, while a decrease may suggest divestitures or asset optimization.
This metric represents the total economic resources held by the corporate and non-regulated business segments. It includ...
Peers in the utility sector often report similar figures under 'Corporate and Other' or 'Non-Regulated' segments to isolate non-utility asset bases.
so_segment_all_other_total_assets| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $11.30B | $11.39B | $12.11B | $12.02B | $12.00B | $9.10B | $8.94B | $9.80B |
| QoQ Change | — | +0.8% | +6.4% | -0.8% | -0.1% | -24.2% | -1.7% | +9.5% |
| YoY Change | — | — | — | — | +6.2% | -20.1% | -26.2% | +7.6% |