Current Liabilities
Current Debt
American Electric Power Current Debt decreased by 45.6% to $1.83B in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 6.2%, from $1.95B to $1.83B. Over 2 years (FY 2020 to FY 2022), Current Debt shows an upward trend with a 33.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalLower is better
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026
How to read this metric
An increase signals a looming requirement for cash or a need to refinance existing debt in the near term.
Detailed definition
The segment of a company's total long-term debt obligations that is scheduled for repayment within the upcoming fiscal y...
Peer comparison
This metric is compared against current assets to determine if the company can meet its immediate debt obligations without external financing.
Metric ID:
current_portion_long_term_debtHistorical Data
8 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $2.55B | $1.75B | $1.86B | $2.63B | $1.38B | $1.95B | $3.36B | $1.83B |
| QoQ Change | — | -31.2% | +6.3% | +41.1% | -47.5% | +41.5% | +72.2% | -45.6% |
| YoY Change | — | — | — | — | -45.9% | +11.3% | +80.4% | -6.2% |
Range$1.38B – $3.36B
CAGR-17.3%
Avg YoY Growth+9.9%
Median YoY Growth+2.5%
Current Debt at Other Companies
Frequently Asked Questions
- What is American Electric Power's current debt?
- American Electric Power (AEP) reported current debt of $1.83B in Q3 2023.
- How has American Electric Power's current debt changed year-over-year?
- American Electric Power's current debt decreased by 6.2% year-over-year, from $1.95B to $1.83B.
- What is the long-term trend for American Electric Power's current debt?
- Over 2 years (2020 to 2022), American Electric Power's current debt has grown at a 33.5% compound annual growth rate (CAGR), from $1.89B to $3.36B.
- What does current debt mean?
- The part of long-term loans that must be paid back within the next 12 months.