Current Assets

Other Regulatory Assets Current

Southern Company Other Regulatory Assets Current increased by 2.9% to $996.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 33.5%, from $746.00M to $996.00M. Over 2 years (FY 2020 to FY 2022), Other Regulatory Assets Current shows an upward trend with a 9.3% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ3 2023

How to read this metric

Increases reflect the deferral of costs to future periods, which can smooth earnings but may impact short-term cash flow.

Detailed definition

This captures various short-term regulatory assets that do not fit into specific categories but are authorized for recov...

Peer comparison

Common in regulated utility accounting; peers use these to manage the impact of regulatory decisions on financial statements.

Metric ID: current_assets_other_regulatory_assets_current

Historical Data

8 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q3 '23
Value$728.00M$792.00M$653.00M$576.00M$641.00M$746.00M$968.00M$996.00M
QoQ Change—+8.8%-17.6%-11.8%+11.3%+16.4%+29.8%+2.9%
YoY Change————-12.0%-5.8%+48.2%+33.5%
Range$576.00M – $996.00M
CAGR+19.6%
Avg YoY Growth+16.0%
Median YoY Growth+13.9%
Current Streak4 quarters growth

Frequently Asked Questions

What is Southern Company's other regulatory assets current?
Southern Company (SO) reported other regulatory assets current of $996.00M in Q3 2023.
How has Southern Company's other regulatory assets current changed year-over-year?
Southern Company's other regulatory assets current increased by 33.5% year-over-year, from $746.00M to $996.00M.
What is the long-term trend for Southern Company's other regulatory assets current?
Over 2 years (2020 to 2022), Southern Company's other regulatory assets current has grown at a 9.3% compound annual growth rate (CAGR), from $810.00M to $968.00M.
What does other regulatory assets current mean?
Miscellaneous short-term costs authorized for future recovery through regulated rates.