Southern Company Total Liabilities & Equity increased by 2.5% to $138.32B in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 3.2%, from $134.01B to $138.32B. Over 2 years (FY 2020 to FY 2022), Total Liabilities & Equity shows relatively stable performance with a 4.7% CAGR.
An increase typically reflects overall balance sheet growth or expansion of the company's asset base, while a decrease may indicate divestitures or debt repayment.
This represents the sum of all claims against a company's assets, combining obligations to external creditors and the re...
This is a standard accounting identity used across all industries to verify that assets equal the sum of liabilities and equity.
total_liabilities_and_equity| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $125.91B | $127.86B | $127.53B | $128.64B | $130.77B | $134.01B | $134.89B | $138.32B |
| QoQ Change | — | +1.6% | -0.3% | +0.9% | +1.7% | +2.5% | +0.7% | +2.5% |
| YoY Change | — | — | — | — | +3.9% | +4.8% | +5.8% | +3.2% |