Business Segments · Total Assets

Gas Marketing Services — Total Assets

Southern Company Gas Marketing Services — Total Assets decreased by 6.0% to $1.52B in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 4.8%, from $1.60B to $1.52B.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2016
Last reportedQ3 2023
Rolls up toTotal Assets

How to read this metric

An increase suggests capital expansion or investment in the segment, while a decrease may indicate asset divestiture or depreciation.

Detailed definition

This metric represents the total value of all resources controlled by the gas marketing services segment, including cash...

Peer comparison

Similar to asset base reporting for non-regulated energy segments at peer utility companies.

Metric ID: so_segment_gas_marketing_services_total_assets

Historical Data

8 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q3 '23
Value$1.49B$1.53B$1.56B$1.64B$1.55B$1.60B$1.62B$1.52B
QoQ Change+3.2%+1.4%+5.4%-5.2%+2.6%+1.3%-6.0%
YoY Change+4.6%+4.0%+3.9%-4.8%
Range$1.49B$1.64B
CAGR+1.3%
Avg YoY Growth+1.9%
Median YoY Growth+3.9%

Frequently Asked Questions

What is Southern Company's gas marketing services — total assets?
Southern Company (SO) reported gas marketing services — total assets of $1.52B in Q3 2023.
How has Southern Company's gas marketing services — total assets changed year-over-year?
Southern Company's gas marketing services — total assets decreased by 4.8% year-over-year, from $1.60B to $1.52B.
What does gas marketing services — total assets mean?
The total value of all assets owned and utilized by the gas marketing services division.