Southern Company Deferred Charges Related to Income Taxes increased by 2.7% to $889.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 4.1%, from $854.00M to $889.00M. Over 2 years (FY 2020 to FY 2022), Deferred Charges Related to Income Taxes shows relatively stable performance with a 4.3% CAGR.
An increase often signals future tax benefits, while a decrease may indicate the utilization of those benefits or valuation allowance adjustments.
These are deferred tax assets arising from temporary differences between the book value of assets and their tax basis, o...
Standard accounting item across all tax-paying corporations.
non_current_assets_deferred_charges_related_to_income_taxes| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $806.00M | $815.00M | $824.00M | $833.00M | $843.00M | $854.00M | $866.00M | $889.00M |
| QoQ Change | — | +1.1% | +1.1% | +1.1% | +1.2% | +1.3% | +1.4% | +2.7% |
| YoY Change | — | — | — | — | +4.6% | +4.8% | +5.1% | +4.1% |