What is Southern Company's gas marketing services — goodwill?

Southern Company (SO) reported gas marketing services — goodwill of $981.00M in Q3 2023.

How has Southern Company's gas marketing services — goodwill changed year-over-year?

Southern Company's gas marketing services — goodwill decreased by 0.0% year-over-year, from $981.00M to $981.00M.

What does gas marketing services — goodwill mean?

The intangible value recorded on the balance sheet from past acquisitions within the gas marketing segment.

Gas Marketing Services — Goodwill

Southern Company Gas Marketing Services — Goodwill remained flat by 0.0% to $981.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $981.00M to $981.00M. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment

CategoryRisk

SignalLower is better

VolatilityStable

First reportedQ4 2015

Last reportedQ3 2023

Rolls up toGoodwill

How to read this metric

Stable or decreasing goodwill is expected; a significant write-down signals that the segment's future earnings potential has declined.

Detailed definition

This metric represents the intangible asset created when the gas marketing services segment was acquired for a price exc...

Peer comparison

Standard accounting metric found in the balance sheets of companies that have grown through acquisition in the energy sector.

Metric ID: so_segment_gas_marketing_services_goodwill

Historical Data

8 periods

	Q2 '21	Q3 '21	Q4 '21	Q1 '22	Q2 '22	Q3 '22	Q4 '22	Q3 '23
Value	$981.00M	$981.00M	$981.00M	$981.00M	$981.00M	$981.00M	$981.00M	$981.00M
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$981.00M – $981.00M

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 gas marketing services — goodwill?: Southern Company (SO) reported gas marketing services — goodwill of $981.00M in Q3 2023.
How has Southern Company's gas marketing services — goodwill changed year-over-year?: Southern Company's gas marketing services — goodwill decreased by 0.0% year-over-year, from $981.00M to $981.00M.
What does gas marketing services — goodwill mean?: The intangible value recorded on the balance sheet from past acquisitions within the gas marketing segment.