Discontinued — last reported Q2 '22
Current Liabilities
Income Taxes Payable
Southern Company Income Taxes Payable increased by 195.0% to $177.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 37.2%, from $129.00M to $177.00M. Over 2 years (FY 2020 to FY 2022), Income Taxes Payable shows a downward trend with a -32.1% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ3 2017
Last reportedQ2 2022
How to read this metric
An increase often reflects higher taxable income, while a decrease may indicate tax payments made or lower taxable earnings.
Detailed definition
This represents the current portion of income tax obligations owed to various government taxing authorities based on tax...
Peer comparison
Common across all profitable corporations, varying based on effective tax rates and jurisdictional tax laws.
Metric ID:
income_taxes_payableHistorical Data
8 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $40.00M | $149.00M | $50.00M | $57.00M | $17.00M | $129.00M | $60.00M | $177.00M |
| QoQ Change | — | +272.5% | -66.4% | +14.0% | -70.2% | +658.8% | -53.5% | +195.0% |
| YoY Change | — | — | — | — | -57.5% | -13.4% | +20.0% | +37.2% |
Range$17.00M – $177.00M
CAGR+133.9%
Avg YoY Growth-3.4%
Median YoY Growth+3.3%
Income Taxes Payable at Other Companies
Frequently Asked Questions
- What is Southern Company's income taxes payable?
- Southern Company (SO) reported income taxes payable of $177.00M in Q3 2023.
- How has Southern Company's income taxes payable changed year-over-year?
- Southern Company's income taxes payable increased by 37.2% year-over-year, from $129.00M to $177.00M.
- What is the long-term trend for Southern Company's income taxes payable?
- Over 2 years (2020 to 2022), Southern Company's income taxes payable has grown at a -32.1% compound annual growth rate (CAGR), from $130.00M to $60.00M.
- What does income taxes payable mean?
- The amount of income tax the company owes to government authorities for the current period.