Non-Current Assets
Operating Lease ROU Assets
American Electric Power Operating Lease ROU Assets decreased by 4.1% to $619.10M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 0.1%, from $620.00M to $619.10M. Over 2 years (FY 2020 to FY 2022), Operating Lease ROU Assets shows a downward trend with a -13.7% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryRisk
SignalContext dependent
VolatilityStable
First reportedQ2 2019
Last reportedQ1 2026
How to read this metric
An increase reflects expansion of office footprint or new lease agreements, while a decrease indicates lease expirations or downsizing.
Detailed definition
This asset represents the company's right to use an underlying leased asset, such as office space, over the lease term....
Peer comparison
Standard under IFRS 16 and ASC 842 for all companies with significant real estate leases.
Metric ID:
non_current_assets_operating_lease_right_of_use_assetHistorical Data
8 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $797.60M | $779.80M | $578.30M | $646.20M | $630.60M | $620.00M | $645.50M | $619.10M |
| QoQ Change | — | -2.2% | -25.8% | +11.7% | -2.4% | -1.7% | +4.1% | -4.1% |
| YoY Change | — | — | — | — | -20.9% | -20.5% | +11.6% | -0.1% |
Range$578.30M – $797.60M
CAGR-13.5%
Avg YoY Growth-7.5%
Median YoY Growth-10.3%
Operating Lease ROU Assets at Other Companies
Frequently Asked Questions
- What is American Electric Power's operating lease rou assets?
- American Electric Power (AEP) reported operating lease rou assets of $619.10M in Q3 2023.
- How has American Electric Power's operating lease rou assets changed year-over-year?
- American Electric Power's operating lease rou assets decreased by 0.1% year-over-year, from $620.00M to $619.10M.
- What is the long-term trend for American Electric Power's operating lease rou assets?
- Over 2 years (2020 to 2022), American Electric Power's operating lease rou assets has grown at a -13.7% compound annual growth rate (CAGR), from $866.40M to $645.50M.
- What does operating lease rou assets mean?
- The value of the company's right to use leased property over the remaining lease term.