Business Segments · Goodwill
Southern Company Gas — Goodwill
Southern Company Southern Company Gas — Goodwill remained flat by 0.0% to $5.02B in Q3 2023 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $5.02B to $5.02B. 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 significant decrease signals a potential impairment charge due to declining business prospects.
Detailed definition
This metric represents the excess of the purchase price over the fair value of net identifiable assets acquired in busin...
Peer comparison
Comparable to goodwill balances reported by other utilities that have grown through historical acquisitions.
Metric ID:
so_segment_southern_co_gas_goodwillHistorical Data
8 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $5.02B | $5.02B | $5.02B | $5.02B | $5.02B | $5.02B | $5.02B | $5.02B |
| 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$5.02B – $5.02B
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 southern company gas — goodwill?
- Southern Company (SO) reported southern company gas — goodwill of $5.02B in Q3 2023.
- How has Southern Company's southern company gas — goodwill changed year-over-year?
- Southern Company's southern company gas — goodwill decreased by 0.0% year-over-year, from $5.02B to $5.02B.
- What does southern company gas — goodwill mean?
- The intangible value recorded when the gas distribution business was acquired for more than the fair market value of its net assets.