Current Liabilities
Accrued interest
Southern Company Accrued interest decreased by 6.7% to $573.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 32.9%, from $431.00M to $573.00M. Over 2 years (FY 2020 to FY 2022), Accrued interest shows an upward trend with a 9.4% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalContext dependent
VolatilityStable
First reportedQ4 2019
Last reportedQ3 2025
How to read this metric
An increase in accrued interest payable suggests rising interest expense obligations, while an increase in accrued interest receivable indicates growing interest-earning assets.
Detailed definition
Accrued interest represents the amount of interest that has been earned or incurred but has not yet been paid or receive...
Peer comparison
Standard across all banking institutions; peers typically report this within current assets or liabilities depending on the nature of the instrument.
Metric ID:
accrued_interestHistorical Data
8 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $510.00M | $404.00M | $533.00M | $404.00M | $553.00M | $431.00M | $614.00M | $573.00M |
| QoQ Change | — | -20.8% | +31.9% | -24.2% | +36.9% | -22.1% | +42.5% | -6.7% |
| YoY Change | — | — | — | — | +8.4% | +6.7% | +15.2% | +32.9% |
Range$404.00M – $614.00M
CAGR+6.9%
Avg YoY Growth+15.8%
Median YoY Growth+11.8%
Accrued interest at Other Companies
Frequently Asked Questions
- What is Southern Company's accrued interest?
- Southern Company (SO) reported accrued interest of $573.00M in Q3 2023.
- How has Southern Company's accrued interest changed year-over-year?
- Southern Company's accrued interest increased by 32.9% year-over-year, from $431.00M to $573.00M.
- What is the long-term trend for Southern Company's accrued interest?
- Over 2 years (2020 to 2022), Southern Company's accrued interest has grown at a 9.4% compound annual growth rate (CAGR), from $513.00M to $614.00M.
- What does accrued interest mean?
- Interest that has accumulated but has not yet been paid or collected.