Derivative Liability
American Electric Power Derivative Liability decreased by 12.3% to $429.90M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 25.3%, from $575.50M to $429.90M. Over 2 years (FY 2020 to FY 2022), Derivative Liability shows an upward trend with a 25.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase suggests higher exposure to unfavorable market movements or an increase in the volume of hedging activities.
Detailed definition
Represents the total fair value of derivative financial instruments that are in a net liability position at the balance...
Peer comparison
Varies significantly based on hedging strategy and market volatility; peers with larger trading operations typically report higher balances.
other_derivative_liabilitiesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $264.10M | $306.10M | $305.70M | $430.40M | $491.70M | $575.50M | $490.40M | $429.90M |
| QoQ Change | — | +15.9% | -0.1% | +40.8% | +14.2% | +17.0% | -14.8% | -12.3% |
| YoY Change | — | — | — | — | +86.2% | +88.0% | +60.4% | -25.3% |
Derivative Liability at Other Companies
Frequently Asked Questions
- What is American Electric Power's derivative liability?
- American Electric Power (AEP) reported derivative liability of $429.90M in Q3 2023.
- How has American Electric Power's derivative liability changed year-over-year?
- American Electric Power's derivative liability decreased by 25.3% year-over-year, from $575.50M to $429.90M.
- What is the long-term trend for American Electric Power's derivative liability?
- Over 2 years (2020 to 2022), American Electric Power's derivative liability has grown at a 25.5% compound annual growth rate (CAGR), from $311.60M to $490.40M.
- What does derivative liability mean?
- The total amount the company would owe if it closed out all its current derivative contracts that have a negative value.