Discontinued — last reported Q4 '17

Non-Current Assets

Intangibles (Net)

Southern Company Intangibles (Net) decreased by 8.8% to $302.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 11.2%, from $340.00M to $302.00M. Over 2 years (FY 2020 to FY 2022), Intangibles (Net) shows a downward trend with a -17.6% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryMarket Position
SignalContext dependent
VolatilityModerate
First reportedQ3 2015
Last reportedQ4 2017

How to read this metric

High levels reflect significant investment in growth through acquisitions; changes indicate the impact of amortization or impairment charges.

Detailed definition

This includes the value of acquired intellectual property, such as patents, trademarks, and drug licenses, net of accumu...

Peer comparison

Very high in the pharmaceutical industry due to the reliance on patent-protected drug portfolios.

Metric ID: intangible_assets_net

Historical Data

8 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q3 '23
Value$391.00M$380.00M$370.00M$360.00M$350.00M$340.00M$331.00M$302.00M
QoQ Change-2.8%-2.6%-2.7%-2.8%-2.9%-2.6%-8.8%
YoY Change-10.5%-10.5%-10.5%-11.2%
Range$302.00M$391.00M
CAGR-13.7%
Avg YoY Growth-10.7%
Median YoY Growth-10.5%
Current Streak7+ quarters decline

Frequently Asked Questions

What is Southern Company's intangibles (net)?
Southern Company (SO) reported intangibles (net) of $302.00M in Q3 2023.
How has Southern Company's intangibles (net) changed year-over-year?
Southern Company's intangibles (net) decreased by 11.2% year-over-year, from $340.00M to $302.00M.
What is the long-term trend for Southern Company's intangibles (net)?
Over 2 years (2020 to 2022), Southern Company's intangibles (net) has grown at a -17.6% compound annual growth rate (CAGR), from $487.00M to $331.00M.
What does intangibles (net) mean?
The value of non-physical assets like patents and brand names, minus their amortized cost.