Business Segments · Goodwill

SOUTHERN POWER CO — Goodwill

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.

Analysis

StatementSegment
CategoryRisk
SignalContext dependent
VolatilityStable
First reportedQ4 2021
Last reportedQ3 2023
Rolls up toGoodwill

How to read this metric

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.

Detailed definition

This metric represents the intangible asset value recorded when the Southern Power segment acquires other businesses for...

Peer comparison

Comparable to goodwill balances reported by utility companies that have grown through significant M&A activity in the renewable or generation space.

Metric ID: so_segment_southern_power_co_goodwill

Historical Data

6 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q3 '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%
Range$2.00M$2.00M
CAGR+0.0%
Avg YoY Growth+0.0%
Median YoY Growth+0.0%
Current Streak5+ quarters growth

Frequently Asked Questions

What is Southern Company's southern power co — goodwill?
Southern Company (SO) reported southern power co — goodwill of $2.00M in Q3 2023.
How has Southern Company's southern power co — goodwill changed year-over-year?
Southern Company's southern power co — goodwill decreased by 0.0% year-over-year, from $2.00M to $2.00M.
What does southern power co — goodwill mean?
The value of intangible assets recorded when the Southern Power segment acquires companies for more than their net asset value.