Products & Services · Contract Assets
Unregulated Distributed Generation — Contract Assets
Southern Company Unregulated Distributed Generation — Contract Assets increased by 15.4% to $75.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 27.1%, from $59.00M to $75.00M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2018
Last reportedQ3 2023
How to read this metric
An increase suggests robust project execution and growth in the distributed generation pipeline, while a decrease may indicate project completion or slower billing cycles.
Detailed definition
This metric represents the recognized value of long-term service or construction contracts within the unregulated distri...
Peer comparison
Comparable to unbilled receivables or contract assets in other energy infrastructure and renewable energy service companies.
Metric ID:
so_segment_unregulated_distributed_generation_contract_assetsHistorical Data
8 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $60.00M | $55.00M | $50.00M | $47.00M | $63.00M | $59.00M | $65.00M | $75.00M |
| QoQ Change | — | -8.3% | -9.1% | -6.0% | +34.0% | -6.3% | +10.2% | +15.4% |
| YoY Change | — | — | — | — | +5.0% | +7.3% | +30.0% | +27.1% |
Range$47.00M – $75.00M
CAGR+13.6%
Avg YoY Growth+17.3%
Median YoY Growth+17.2%
Current Streak2 quarters growth
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Frequently Asked Questions
- What is Southern Company's unregulated distributed generation — contract assets?
- Southern Company (SO) reported unregulated distributed generation — contract assets of $75.00M in Q3 2023.
- How has Southern Company's unregulated distributed generation — contract assets changed year-over-year?
- Southern Company's unregulated distributed generation — contract assets increased by 27.1% year-over-year, from $59.00M to $75.00M.
- What does unregulated distributed generation — contract assets mean?
- The value of work completed on unregulated distributed energy projects that has been earned but not yet billed to customers.