Current Liabilities
Current Debt
Southern Company Current Debt decreased by 33.8% to $1.73B in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 23.5%, from $1.40B to $1.73B. Over 2 years (FY 2020 to FY 2022), Current Debt shows an upward trend with a 107.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalLower is better
VolatilityStable
First reportedQ3 2015
Last reportedQ4 2025
How to read this metric
An increase signals a looming requirement for cash or a need to refinance existing debt in the near term.
Detailed definition
The segment of a company's total long-term debt obligations that is scheduled for repayment within the upcoming fiscal y...
Peer comparison
This metric is compared against current assets to determine if the company can meet its immediate debt obligations without external financing.
Metric ID:
current_portion_long_term_debtHistorical Data
8 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $1.40B | $707.00M | $1.44B | $2.33B | $2.51B | $1.40B | $2.61B | $1.73B |
| QoQ Change | — | -49.6% | +103.7% | +61.8% | +7.7% | -44.3% | +86.6% | -33.8% |
| YoY Change | — | — | — | — | +79.0% | +97.7% | +81.2% | +23.5% |
Range$707.00M – $2.61B
CAGR+12.6%
Avg YoY Growth+70.4%
Median YoY Growth+80.1%
Current Debt at Other Companies
Frequently Asked Questions
- What is Southern Company's current debt?
- Southern Company (SO) reported current debt of $1.73B in Q3 2023.
- How has Southern Company's current debt changed year-over-year?
- Southern Company's current debt increased by 23.5% year-over-year, from $1.40B to $1.73B.
- What is the long-term trend for Southern Company's current debt?
- Over 2 years (2020 to 2022), Southern Company's current debt has grown at a 107.0% compound annual growth rate (CAGR), from $609.00M to $2.61B.
- What does current debt mean?
- The part of long-term loans that must be paid back within the next 12 months.