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.
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.
This represents a short-term financial obligation owed to a related party, specifically categorized as a current liabili...
Comparable to other 'Notes Payable to Related Parties' or 'Due to Affiliates' found in the current liabilities section of peer company balance sheets.
note_payable_directv| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '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% |