Southern Company Intangible Assets Gross (Excluding Goodwill) decreased by 0.3% to $744.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 0.3%, from $746.00M to $744.00M. Over 2 years (FY 2020 to FY 2022), Intangible Assets Gross (Excluding Goodwill) shows relatively stable performance with a -4.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Growth suggests successful acquisition of intellectual property or investment in proprietary technology platforms.
This is the total cost of identifiable intangible assets such as patents, trademarks, and software, excluding goodwill....
Common for technology, financial services, and brand-heavy companies.
intangible_assets_gross_excluding_goodwill| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $752.00M | $751.00M | $752.00M | $752.00M | $751.00M | $746.00M | $746.00M | $744.00M |
| QoQ Change | — | -0.1% | +0.1% | +0.0% | -0.1% | -0.7% | +0.0% | -0.3% |
| YoY Change | — | — | — | — | -0.1% | -0.7% | -0.8% | -0.3% |