Business Segments · Total Assets
Southern Company Gas — Total Assets
Southern Company Southern Company Gas — Total Assets increased by 0.8% to $24.82B in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 3.0%, from $24.10B to $24.82B.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2016
Last reportedQ3 2023
Rolls up toTotal Assets
How to read this metric
An increase typically signals capital investment in infrastructure growth, while a decrease may indicate asset depreciation or divestiture.
Detailed definition
This metric measures the total value of all resources, including infrastructure, pipelines, and working capital, owned b...
Peer comparison
Comparable to the regulated asset base (RAB) or total segment assets reported by peer utility companies with gas distribution operations.
Metric ID:
so_segment_southern_co_gas_total_assetsHistorical Data
8 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $23.24B | $22.96B | $23.56B | $23.38B | $23.62B | $24.10B | $24.62B | $24.82B |
| QoQ Change | — | -1.2% | +2.6% | -0.8% | +1.0% | +2.0% | +2.2% | +0.8% |
| YoY Change | — | — | — | — | +1.6% | +5.0% | +4.5% | +3.0% |
Range$22.96B – $24.82B
CAGR+3.9%
Avg YoY Growth+3.5%
Median YoY Growth+3.8%
Current Streak4 quarters growth
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Frequently Asked Questions
- What is Southern Company's southern company gas — total assets?
- Southern Company (SO) reported southern company gas — total assets of $24.82B in Q3 2023.
- How has Southern Company's southern company gas — total assets changed year-over-year?
- Southern Company's southern company gas — total assets increased by 3.0% year-over-year, from $24.10B to $24.82B.
- What does southern company gas — total assets mean?
- The total value of all physical and financial assets held specifically by the natural gas distribution business.