Other Non-Current Liabilities
Southern Company Other Non-Current Liabilities decreased by 0.1% to $1.17B in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 14.6%, from $1.37B to $1.17B. Over 2 years (FY 2020 to FY 2022), Other Non-Current Liabilities shows an upward trend with a 55.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
Significant changes may reflect shifts in lease accounting, changes in employee benefit plans, or the emergence of long-term legal risks.
Detailed definition
A catch-all category for long-term obligations that do not fall into major classifications like debt or deferred taxes....
Peer comparison
Varies significantly by industry; companies with large physical retail footprints often show higher values here due to long-term leases.
other_non_current_liabilitiesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $587.00M | $637.00M | $816.00M | $966.00M | $1.20B | $1.37B | $1.17B | $1.17B |
| QoQ Change | — | +8.5% | +28.1% | +18.4% | +24.0% | +14.0% | -14.6% | -0.1% |
| YoY Change | — | — | — | — | +104.1% | +114.4% | +43.0% | -14.6% |
Other Non-Current Liabilities at Other Companies
Frequently Asked Questions
- What is Southern Company's other non-current liabilities?
- Southern Company (SO) reported other non-current liabilities of $1.17B in Q3 2023.
- How has Southern Company's other non-current liabilities changed year-over-year?
- Southern Company's other non-current liabilities decreased by 14.6% year-over-year, from $1.37B to $1.17B.
- What is the long-term trend for Southern Company's other non-current liabilities?
- Over 2 years (2020 to 2022), Southern Company's other non-current liabilities has grown at a 55.9% compound annual growth rate (CAGR), from $480.00M to $1.17B.
- What does other non-current liabilities mean?
- Miscellaneous long-term debts and obligations that aren't due for at least a year.