What is Southern Company's rou asset obtained for finance lease liability?

Southern Company (SO) reported rou asset obtained for finance lease liability of $2.00M in Q1 2026.

What does rou asset obtained for finance lease liability mean?

The value of assets acquired through finance leases that did not involve an immediate cash payment.

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

StatementCash Flow Statement

SectionSupplemental

CategoryLeverage

SignalContext dependent

VolatilityModerate

First reportedQ1 2019

Last reportedQ1 2026Apr 30, 2026

Higher values indicate an expansion of the store footprint or logistics network via long-term financing arrangements.

This metric represents the non-cash recognition of right-of-use assets and corresponding finance lease liabilities under...

Common among retailers that lease a significant portion of their store locations rather than owning them.

Metric ID: nee_rou_asset_finance_lease_noncash

4 periods

	Q2 '21	Q3 '21	Q1 '25	Q1 '26
Value	$14.00M	$2.00M	$13.00M	$2.00M
QoQ Change	—	-85.7%	+550.0%	-84.6%
YoY Change	—	—	—	-84.6%

Range$2.00M – $14.00M

Avg YoY Growth-84.6%

Median YoY Growth-84.6%

What is Southern Company's rou asset obtained for finance lease liability?: Southern Company (SO) reported rou asset obtained for finance lease liability of $2.00M in Q1 2026.
What does rou asset obtained for finance lease liability mean?: The value of assets acquired through finance leases that did not involve an immediate cash payment.