What is Southern Company's gas distribution operations — goodwill?

Southern Company (SO) reported gas distribution operations — goodwill of $4.03B in Q3 2023.

How has Southern Company's gas distribution operations — goodwill changed year-over-year?

Southern Company's gas distribution operations — goodwill decreased by 0.0% year-over-year, from $4.03B to $4.03B.

What does gas distribution operations — goodwill mean?

The intangible asset value recorded when the gas distribution business was acquired for more than its net asset value.

Gas Distribution Operations — Goodwill

Southern Company Gas Distribution Operations — Goodwill remained flat by 0.0% to $4.03B in Q3 2023 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $4.03B to $4.03B.

Analysis

StatementSegment

CategoryCapital Allocation

SignalContext dependent

VolatilityStable

First reportedQ4 2015

Last reportedQ3 2023

Rolls up toGoodwill

How to read this metric

An increase suggests recent acquisitions, while a decrease indicates potential impairment charges due to declining business value.

Detailed definition

This represents the excess of the purchase price over the fair value of identifiable net assets acquired in business com...

Peer comparison

Common in regulated utilities that have grown through M&A; peers typically monitor this for impairment risk.

Metric ID: so_segment_gas_distribution_operations_goodwill

Historical Data

8 periods

	Q2 '21	Q3 '21	Q4 '21	Q1 '22	Q2 '22	Q3 '22	Q4 '22	Q3 '23
Value	$4.03B	$4.03B	$4.03B	$4.03B	$4.03B	$4.03B	$4.03B	$4.03B
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$4.03B – $4.03B

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 gas distribution operations — goodwill?: Southern Company (SO) reported gas distribution operations — goodwill of $4.03B in Q3 2023.
How has Southern Company's gas distribution operations — goodwill changed year-over-year?: Southern Company's gas distribution operations — goodwill decreased by 0.0% year-over-year, from $4.03B to $4.03B.
What does gas distribution operations — goodwill mean?: The intangible asset value recorded when the gas distribution business was acquired for more than its net asset value.