Southern Company Regulatory Asset, Asset Retirement Obligation, Current increased by 7.8% to $358.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 26.1%, from $284.00M to $358.00M. Over 2 years (FY 2020 to FY 2022), Regulatory Asset, Asset Retirement Obligation, Current shows an upward trend with a 24.6% CAGR.
An increase suggests higher near-term recovery of environmental or decommissioning liabilities, impacting cash flow timing.
This represents the portion of costs associated with future asset retirement obligations that are expected to be recover...
Specific to rate-regulated utilities; comparable to other regulatory assets that bridge the gap between GAAP accounting and regulatory recovery.
current_assets_regulatory_asset_asset_retirement_obligat_978f01| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $224.00M | $233.00M | $219.00M | $241.00M | $263.00M | $284.00M | $332.00M | $358.00M |
| QoQ Change | — | +4.0% | -6.0% | +10.0% | +9.1% | +8.0% | +16.9% | +7.8% |
| YoY Change | — | — | — | — | +17.4% | +21.9% | +51.6% | +26.1% |