Other

ROU Asset Obtained - Finance Lease

Southern Company ROU Asset Obtained - Finance Lease decreased by 84.6% to $2.00M in Q1 2026 compared to the prior quarter.

Analysis

StatementIncome Statement
SectionOther
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2025
Last reportedQ1 2026Apr 30, 2026

How to read this metric

Significant additions indicate capital-intensive growth or modernization efforts funded via leasing.

Detailed definition

This is a non-cash metric representing the initial recognition of right-of-use assets resulting from new finance lease a...

Peer comparison

Comparable across industries that rely on leasing for heavy equipment or infrastructure.

Metric ID: cvx_rou_asset_obtained_finance_lease

Historical Data

2 periods
 Q1 '25Q1 '26
Value$13.00M$2.00M
QoQ Change—-84.6%
YoY Change—-84.6%
Range$2.00M – $13.00M
Avg YoY Growth-84.6%
Median YoY Growth-84.6%

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Frequently Asked Questions

What is Southern Company's rou asset obtained - finance lease?
Southern Company (SO) reported rou asset obtained - finance lease of $2.00M in Q1 2026.
What does rou asset obtained - finance lease mean?
The value of new assets acquired through finance leases.