Non-Current Assets

Other Non-Current Assets

Southern Company Other Non-Current Assets increased by 8.1% to $651.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 10.3%, from $590.00M to $651.00M. Over 2 years (FY 2020 to FY 2022), Other Non-Current Assets shows an upward trend with a 23.0% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryOther
SignalContext dependent
VolatilityStable
First reportedQ3 2015
Last reportedQ4 2025

How to read this metric

Large fluctuations may relate to changes in long-term investment strategy or tax accounting adjustments.

Detailed definition

A catch-all category for long-term assets that do not fit into major classifications like PPE or Intangibles. This may i...

Peer comparison

Often contains strategic minority investments in technology partners or long-term tax-related items.

Metric ID: other_non_current_assets

Historical Data

8 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q3 '23
Value$494.00M$586.00M$1.52B$633.00M$576.00M$590.00M$602.00M$651.00M
QoQ Change+18.6%+158.7%-58.2%-9.0%+2.4%+2.0%+8.1%
YoY Change+16.6%+0.7%-60.3%+10.3%
Range$494.00M$1.52B
CAGR+17.1%
Avg YoY Growth-8.2%
Median YoY Growth+5.5%
Current Streak3 quarters growth

Frequently Asked Questions

What is Southern Company's other non-current assets?
Southern Company (SO) reported other non-current assets of $651.00M in Q3 2023.
How has Southern Company's other non-current assets changed year-over-year?
Southern Company's other non-current assets increased by 10.3% year-over-year, from $590.00M to $651.00M.
What is the long-term trend for Southern Company's other non-current assets?
Over 2 years (2020 to 2022), Southern Company's other non-current assets has grown at a 23.0% compound annual growth rate (CAGR), from $398.00M to $602.00M.
What does other non-current assets mean?
Miscellaneous long-term investments and assets that the company plans to hold for more than a year.