Other

Tax exempt bonds

American Electric Power Tax exempt bonds increased by 0.0% to $1.77B in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 1.9%, from $1.80B to $1.77B. Over 2 years (FY 2020 to FY 2022), Tax exempt bonds shows relatively stable performance with a -4.4% CAGR.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2022
Last reportedQ4 2024

How to read this metric

Higher levels indicate significant investment in environmental compliance and sustainability initiatives.

Detailed definition

These are specialized debt instruments issued to finance environmental and pollution control facilities. They often bene...

Peer comparison

Common among large utilities; usage depends on the scale of environmental compliance projects and tax regulations.

Metric ID: other_longterm_pollution_control_bond_current_and_noncurrent

Historical Data

8 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q3 '23
Value$1.88B$1.88B$1.80B$1.80B$1.80B$1.80B$1.77B$1.77B
QoQ Change+0.0%-4.1%+0.0%-0.0%+0.0%-1.9%+0.0%
YoY Change-4.0%-4.0%-1.9%-1.9%
Range$1.77B$1.88B
CAGR-3.4%
Avg YoY Growth-3.0%
Median YoY Growth-3.0%

Tax exempt bonds at Other Companies

Frequently Asked Questions

What is American Electric Power's tax exempt bonds?
American Electric Power (AEP) reported tax exempt bonds of $1.77B in Q3 2023.
How has American Electric Power's tax exempt bonds changed year-over-year?
American Electric Power's tax exempt bonds decreased by 1.9% year-over-year, from $1.80B to $1.77B.
What is the long-term trend for American Electric Power's tax exempt bonds?
Over 2 years (2020 to 2022), American Electric Power's tax exempt bonds has grown at a -4.4% compound annual growth rate (CAGR), from $1.94B to $1.77B.
What does tax exempt bonds mean?
Tax-advantaged bonds used to fund environmental and pollution control projects.