Non-Current Liabilities
Long-Term Debt
Southern Company Long-Term Debt increased by 10.1% to $58.80B in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 10.1%, from $53.40B to $58.80B.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ3 2015
Last reportedQ4 2025
How to read this metric
An increase indicates higher financial leverage, which can amplify returns on equity but also increases interest expense and financial risk.
Detailed definition
Loans and financial obligations with a maturity period exceeding one year, typically consisting of corporate bonds and n...
Peer comparison
Capital-intensive firms or those with aggressive share buyback programs often carry higher long-term debt than asset-light competitors.
Metric ID:
long_term_debtHistorical Data
7 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|
| Value | $50.40B | $51.90B | $52.10B | $51.60B | $52.00B | $53.40B | $58.80B |
| QoQ Change | — | +3.0% | +0.4% | -1.0% | +0.8% | +2.7% | +10.1% |
| YoY Change | — | — | — | — | +3.2% | +2.9% | +10.1% |
Range$50.40B – $58.80B
CAGR+10.8%
Avg YoY Growth+5.4%
Median YoY Growth+3.2%
Current Streak3 quarters growth
Long-Term Debt at Other Companies
Frequently Asked Questions
- What is Southern Company's long-term debt?
- Southern Company (SO) reported long-term debt of $58.80B in Q3 2023.
- How has Southern Company's long-term debt changed year-over-year?
- Southern Company's long-term debt increased by 10.1% year-over-year, from $53.40B to $58.80B.
- What does long-term debt mean?
- Money the company has borrowed that doesn't need to be paid back for at least a year.