Discontinued — last reported Q4 '21
Short-Term Borrowings
American Electric Power Short-Term Borrowings decreased by 33.6% to $2.73B in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 1.0%, from $2.70B to $2.73B. Over 2 years (FY 2020 to FY 2022), Short-Term Borrowings shows an upward trend with a 28.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
High levels may indicate a reliance on short-term credit markets for operational cash flow, which can increase liquidity risk.
Detailed definition
Short-term borrowings consist of debt obligations that are due within one year, excluding the current portion of long-te...
Peer comparison
Varies by industry; pharmaceutical firms often maintain access to short-term credit for operational flexibility.
short_term_borrowingsHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $3.13B | $2.50B | $2.61B | $3.38B | $2.13B | $2.70B | $4.11B | $2.73B |
| QoQ Change | — | -19.9% | +4.4% | +29.3% | -37.0% | +26.9% | +52.2% | -33.6% |
| YoY Change | — | — | — | — | -31.9% | +7.9% | +57.3% | +1.0% |
Short-Term Borrowings at Other Companies
Frequently Asked Questions
- What is American Electric Power's short-term borrowings?
- American Electric Power (AEP) reported short-term borrowings of $2.73B in Q3 2023.
- How has American Electric Power's short-term borrowings changed year-over-year?
- American Electric Power's short-term borrowings increased by 1.0% year-over-year, from $2.70B to $2.73B.
- What is the long-term trend for American Electric Power's short-term borrowings?
- Over 2 years (2020 to 2022), American Electric Power's short-term borrowings has grown at a 28.8% compound annual growth rate (CAGR), from $2.48B to $4.11B.
- What does short-term borrowings mean?
- Debt that must be repaid within the next twelve months.