Other

ROU Asset Obtained - Finance Lease

Southern Company ROU Asset Obtained - Finance Lease decreased by 85.7% to $2.00M in Q3 2021 compared to the prior quarter.

Analysis

StatementIncome Statement
SectionOther
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2021
Last reportedQ4 2025

How to read this metric

An increase indicates significant new investment in leased capital assets, potentially signaling growth or infrastructure upgrades.

Detailed definition

This represents the non-cash increase in right-of-use (ROU) assets resulting from the commencement of new finance leases...

Peer comparison

Reported in supplemental non-cash disclosures for companies under ASC 842.

Metric ID: is_cvx_rou_asset_obtained_finance_lease

Historical Data

2 periods
 Q2 '21Q3 '21
Value$14.00M$2.00M
QoQ Change-85.7%
Range$2.00M$14.00M

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 Q3 2021.
What does rou asset obtained - finance lease mean?
The value of new assets acquired through finance lease agreements.