Current Assets
Fossil fuel stock
Southern Company Fossil fuel stock increased by 44.2% to $829.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 57.6%, from $526.00M to $829.00M. Over 2 years (FY 2020 to FY 2022), Fossil fuel stock shows relatively stable performance with a 2.2% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryRisk
SignalContext dependent
VolatilityVolatile
First reportedQ4 2014
Last reportedQ3 2023
How to read this metric
Higher levels provide security against fuel price spikes or supply shortages, while lower levels may improve cash flow but increase operational risk.
Detailed definition
This represents the inventory value of fossil fuels, such as coal or natural gas, held for power generation purposes. It...
Peer comparison
Standard for utility companies with fossil-fuel-based generation portfolios.
Metric ID:
current_assets_energy_related_inventory_other_fossil_fuelHistorical Data
8 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $475.00M | $386.00M | $450.00M | $411.00M | $431.00M | $526.00M | $575.00M | $829.00M |
| QoQ Change | — | -18.7% | +16.6% | -8.7% | +4.9% | +22.0% | +9.3% | +44.2% |
| YoY Change | — | — | — | — | -9.3% | +36.3% | +27.8% | +57.6% |
Range$386.00M – $829.00M
CAGR+37.5%
Avg YoY Growth+28.1%
Median YoY Growth+32.0%
Current Streak4 quarters growth
Fossil fuel stock at Other Companies
Frequently Asked Questions
- What is Southern Company's fossil fuel stock?
- Southern Company (SO) reported fossil fuel stock of $829.00M in Q3 2023.
- How has Southern Company's fossil fuel stock changed year-over-year?
- Southern Company's fossil fuel stock increased by 57.6% year-over-year, from $526.00M to $829.00M.
- What is the long-term trend for Southern Company's fossil fuel stock?
- Over 2 years (2020 to 2022), Southern Company's fossil fuel stock has grown at a 2.2% compound annual growth rate (CAGR), from $550.00M to $575.00M.
- What does fossil fuel stock mean?
- The value of fuel stocks held for electricity generation.