Current Liabilities

Note payable to DIRECTV

Southern Company Note payable to DIRECTV increased by 19.8% to $943.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 11.7%, from $844.00M to $943.00M. Over 2 years (FY 2020 to FY 2022), Note payable to DIRECTV shows a downward trend with a -9.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalLower is better
VolatilityStable
First reportedQ4 2014
Last reportedQ4 2025

How to read this metric

An increase indicates higher short-term debt obligations to related parties, while a decrease reflects repayment or settlement of these specific liabilities. High levels may suggest reliance on related-party financing for working capital needs.

Detailed definition

This represents a short-term financial obligation owed to a related party, specifically categorized as a current liabili...

Peer comparison

Comparable to other 'Notes Payable to Related Parties' or 'Due to Affiliates' found in the current liabilities section of peer company balance sheets.

Metric ID: note_payable_directv

Historical Data

8 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q3 '23
Value$956.00M$795.00M$872.00M$1.11B$1.06B$844.00M$787.00M$943.00M
QoQ Change-16.8%+9.7%+26.7%-3.9%-20.5%-6.8%+19.8%
YoY Change+11.1%+6.2%-9.7%+11.7%
Range$787.00M$1.11B
CAGR-0.8%
Avg YoY Growth+4.8%
Median YoY Growth+8.6%

Frequently Asked Questions

What is Southern Company's note payable to directv?
Southern Company (SO) reported note payable to directv of $943.00M in Q3 2023.
How has Southern Company's note payable to directv changed year-over-year?
Southern Company's note payable to directv increased by 11.7% year-over-year, from $844.00M to $943.00M.
What is the long-term trend for Southern Company's note payable to directv?
Over 2 years (2020 to 2022), Southern Company's note payable to directv has grown at a -9.8% compound annual growth rate (CAGR), from $968.00M to $787.00M.
What does note payable to directv mean?
A short-term debt obligation owed to a related business entity.