Non-Current Assets

Unamortized Loss Reacquired Debt, Noncurrent

Southern Company Unamortized Loss Reacquired Debt, Noncurrent decreased by 5.9% to $224.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 7.8%, from $243.00M to $224.00M. Over 2 years (FY 2020 to FY 2022), Unamortized Loss Reacquired Debt, Noncurrent shows a downward trend with a -7.8% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryLeverage
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ3 2023

How to read this metric

An increase indicates recent debt refinancing activity, while a decrease reflects the ongoing amortization of these costs.

Detailed definition

This represents the costs incurred when retiring debt early, which are deferred and amortized over the remaining life of...

Peer comparison

Standard for capital-intensive firms that frequently manage long-term debt portfolios.

Metric ID: non_current_assets_unamortized_loss_reacquired_debt_noncurrent

Historical Data

8 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q3 '23
Value$269.00M$263.00M$258.00M$257.00M$248.00M$243.00M$238.00M$224.00M
QoQ Change-2.2%-1.9%-0.4%-3.5%-2.0%-2.1%-5.9%
YoY Change-7.8%-7.6%-7.8%-7.8%
Range$224.00M$269.00M
CAGR-9.9%
Avg YoY Growth-7.7%
Median YoY Growth-7.8%
Current Streak7+ quarters decline

Frequently Asked Questions

What is Southern Company's unamortized loss reacquired debt, noncurrent?
Southern Company (SO) reported unamortized loss reacquired debt, noncurrent of $224.00M in Q3 2023.
How has Southern Company's unamortized loss reacquired debt, noncurrent changed year-over-year?
Southern Company's unamortized loss reacquired debt, noncurrent decreased by 7.8% year-over-year, from $243.00M to $224.00M.
What is the long-term trend for Southern Company's unamortized loss reacquired debt, noncurrent?
Over 2 years (2020 to 2022), Southern Company's unamortized loss reacquired debt, noncurrent has grown at a -7.8% compound annual growth rate (CAGR), from $280.00M to $238.00M.
What does unamortized loss reacquired debt, noncurrent mean?
Costs from paying off debt early that are spread out over time rather than expensed immediately.