Southern Company SOUTHERN POWER CO — Goodwill remained flat by 0.0% to $2.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $2.00M to $2.00M.
A stable balance is expected, while a sudden decrease typically signals an impairment charge due to a decline in the fair value of acquired assets.
This metric represents the intangible asset value recorded when the Southern Power segment acquires other businesses for...
Comparable to goodwill balances reported by utility companies that have grown through significant M&A activity in the renewable or generation space.
so_segment_southern_power_co_goodwill| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|
| Value | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% |
| YoY Change | — | — | — | — | +0.0% | +0.0% |