Total Assets
Southern Company Total Assets increased by 2.5% to $138.32B in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 3.2%, from $134.01B to $138.32B. Over 2 years (FY 2020 to FY 2022), Total Assets shows relatively stable performance with a 4.7% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Growth in total assets typically mirrors the overall expansion of the business, provided it is accompanied by corresponding revenue growth.
Detailed definition
The aggregate value of everything the company owns, including both short-term liquid resources and long-term physical an...
Peer comparison
Used to compare the scale of operations across the industry; larger asset bases generally suggest a more dominant market presence.
total_assetsHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $125.91B | $127.86B | $127.53B | $128.64B | $130.77B | $134.01B | $134.89B | $138.32B |
| QoQ Change | — | +1.6% | -0.3% | +0.9% | +1.7% | +2.5% | +0.7% | +2.5% |
| YoY Change | — | — | — | — | +3.9% | +4.8% | +5.8% | +3.2% |
Business Segments
Total Assets at Other Companies
Frequently Asked Questions
- What is Southern Company's total assets?
- Southern Company (SO) reported total assets of $138.32B in Q3 2023.
- How has Southern Company's total assets changed year-over-year?
- Southern Company's total assets increased by 3.2% year-over-year, from $134.01B to $138.32B.
- What is the long-term trend for Southern Company's total assets?
- Over 2 years (2020 to 2022), Southern Company's total assets has grown at a 4.7% compound annual growth rate (CAGR), from $122.94B to $134.89B.
- What does total assets mean?
- The total value of everything the company owns, from cash to buildings.