Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis with Unobservable Inputs
American Electric Power Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis with Unobservable Inputs increased by 45.0% to $182.80M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 32.7%, from $271.60M to $182.80M. Over 2 years (FY 2020 to FY 2022), Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis with Unobservable Inputs shows an upward trend with a 19.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
Higher balances indicate increased reliance on management assumptions and model-based valuations, which may carry higher estimation risk.
Detailed definition
Refers to the net fair value of derivative instruments categorized under Level 3 of the fair value hierarchy, meaning th...
Peer comparison
Generally low for regulated utilities; higher levels are common in companies with extensive proprietary trading or complex long-term energy contracts.
other_fair_value_net_derivative_asset_liability_measured_d20367Historical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $101.20M | $129.00M | $97.30M | $81.50M | $270.40M | $271.60M | $160.40M | $126.10M | $182.80M |
| QoQ Change | — | +27.5% | -24.6% | -16.2% | +231.8% | +0.4% | -40.9% | -21.4% | +45.0% |
| YoY Change | — | — | — | — | +167.2% | +110.5% | +64.9% | -53.4% | -32.7% |
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis with Unobservable Inputs at Other Companies
Frequently Asked Questions
- What is American Electric Power's fair value, net derivative asset (liability) measured on recurring basis with unobservable inputs?
- American Electric Power (AEP) reported fair value, net derivative asset (liability) measured on recurring basis with unobservable inputs of $182.80M in Q3 2023.
- How has American Electric Power's fair value, net derivative asset (liability) measured on recurring basis with unobservable inputs changed year-over-year?
- American Electric Power's fair value, net derivative asset (liability) measured on recurring basis with unobservable inputs decreased by 32.7% year-over-year, from $271.60M to $182.80M.
- What is the long-term trend for American Electric Power's fair value, net derivative asset (liability) measured on recurring basis with unobservable inputs?
- Over 2 years (2020 to 2022), American Electric Power's fair value, net derivative asset (liability) measured on recurring basis with unobservable inputs has grown at a 19.0% compound annual growth rate (CAGR), from $113.30M to $160.40M.
- What does fair value, net derivative asset (liability) measured on recurring basis with unobservable inputs mean?
- The net value of complex financial contracts that are valued using internal models rather than observable market data.