Business Segments · Total Assets

Corporate And Other — Total Assets

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.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2018
Last reportedQ3 2023
Rolls up toTotal Assets

How to read this metric

An increase may indicate expansion into non-regulated ventures or increased investment in corporate infrastructure, while a decrease may suggest divestitures or asset optimization.

Detailed definition

This metric represents the total economic resources held by the corporate and non-regulated business segments. It includ...

Peer comparison

Peers in the utility sector often report similar figures under 'Corporate and Other' or 'Non-Regulated' segments to isolate non-utility asset bases.

Metric ID: so_segment_all_other_total_assets

Historical Data

8 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q3 '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%
Range$8.94B$12.11B
CAGR-7.8%
Avg YoY Growth-8.1%
Median YoY Growth-6.9%

Frequently Asked Questions

What is Southern Company's corporate and other — total assets?
Southern Company (SO) reported corporate and other — total assets of $9.80B in Q3 2023.
How has Southern Company's corporate and other — total assets changed year-over-year?
Southern Company's corporate and other — total assets increased by 7.6% year-over-year, from $9.10B to $9.80B.
What does corporate and other — total assets mean?
The total value of assets held by the company's corporate and non-utility business units.