Discontinued — last reported Q2 '24
Accrued interest
American Electric Power Accrued interest increased by 44.4% to $485.90M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 29.4%, from $375.40M to $485.90M. Over 2 years (FY 2020 to FY 2022), Accrued interest shows an upward trend with a 12.1% CAGR.
Analysis
How to read this metric
An increase in accrued interest payable suggests rising interest expense obligations, while an increase in accrued interest receivable indicates growing interest-earning assets.
Detailed definition
Accrued interest represents the amount of interest that has been earned or incurred but has not yet been paid or receive...
Peer comparison
Standard across all banking institutions; peers typically report this within current assets or liabilities depending on the nature of the instrument.
accrued_interestHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $274.00M | $349.70M | $273.20M | $339.10M | $295.40M | $375.40M | $336.50M | $485.90M |
| QoQ Change | — | +27.6% | -21.9% | +24.1% | -12.9% | +27.1% | -10.4% | +44.4% |
| YoY Change | — | — | — | — | +7.8% | +7.3% | +23.2% | +29.4% |
Accrued interest at Other Companies
Frequently Asked Questions
- What is American Electric Power's accrued interest?
- American Electric Power (AEP) reported accrued interest of $485.90M in Q3 2023.
- How has American Electric Power's accrued interest changed year-over-year?
- American Electric Power's accrued interest increased by 29.4% year-over-year, from $375.40M to $485.90M.
- What is the long-term trend for American Electric Power's accrued interest?
- Over 2 years (2020 to 2022), American Electric Power's accrued interest has grown at a 12.1% compound annual growth rate (CAGR), from $267.60M to $336.50M.
- What does accrued interest mean?
- Interest that has accumulated but has not yet been paid or collected.