Business Segments · Goodwill
Electric Utilities — Goodwill
Southern Company Electric Utilities — Goodwill remained flat by 0.0% to $2.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $2.00M to $2.00M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ4 2016
Last reportedQ3 2023
Rolls up toGoodwill
How to read this metric
A stable or decreasing balance is expected; a sudden decrease indicates an impairment charge, signaling that acquired assets are underperforming expectations.
Detailed definition
This metric represents the excess of the purchase price over the fair value of identifiable net assets acquired in busin...
Peer comparison
Standard accounting line item for utilities that have grown through M&A; peers report this as 'Segment Goodwill'.
Metric ID:
so_segment_electric_utilities_goodwillHistorical Data
8 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% |
| YoY Change | — | — | — | — | +0.0% | +0.0% | +0.0% | +0.0% |
Range$2.00M – $2.00M
CAGR+0.0%
Avg YoY Growth+0.0%
Median YoY Growth+0.0%
Current Streak7+ quarters growth
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Frequently Asked Questions
- What is Southern Company's electric utilities — goodwill?
- Southern Company (SO) reported electric utilities — goodwill of $2.00M in Q3 2023.
- How has Southern Company's electric utilities — goodwill changed year-over-year?
- Southern Company's electric utilities — goodwill decreased by 0.0% year-over-year, from $2.00M to $2.00M.
- What does electric utilities — goodwill mean?
- The intangible asset value recorded when the segment acquires other businesses for more than the fair value of their net assets.