Southern Company Electric Utilities — Total Assets increased by 3.4% to $111.99B in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 3.5%, from $108.19B to $111.99B.
An increase typically signals significant capital investment in infrastructure, whereas a decrease may indicate asset divestitures or depreciation outpacing new investment.
This metric measures the total book value of all assets held by the electric utility segment, including power plants, tr...
Commonly reported by all capital-intensive utility companies as 'Segment Assets'.
so_segment_electric_utilities_total_assets| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|
| Value | $101.77B | $103.60B | $105.36B | $108.19B | $108.28B | $111.99B |
| QoQ Change | — | +1.8% | +1.7% | +2.7% | +0.1% | +3.4% |
| YoY Change | — | — | — | — | +6.4% | +3.5% |