American Electric Power Noncontrolling interests in subsidiaries decreased by 82.6% to $39.90M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 83.0%, from $234.10M to $39.90M. Over 2 years (FY 2020 to FY 2022), Noncontrolling interests in subsidiaries shows relatively stable performance with a 1.2% CAGR.
Fluctuations reflect changes in the profitability of partially owned subsidiaries or changes in ownership percentages.
This represents the portion of equity in a subsidiary that is not attributable to the parent company. It reflects the ow...
Common in mining companies that operate through joint ventures or regional subsidiaries.
other_minority_interest| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $251.20M | $249.10M | $247.00M | $246.80M | $241.00M | $234.10M | $229.00M | $39.90M |
| QoQ Change | — | -0.8% | -0.8% | -0.1% | -2.4% | -2.9% | -2.2% | -82.6% |
| YoY Change | — | — | — | — | -4.1% | -6.0% | -7.3% | -83.0% |