Current Liabilities
Short-Term Borrowings
Southern Company Short-Term Borrowings increased by 131.7% to $1.67B in Q1 2026 compared to the prior quarter. Over 3 years (FY 2020 to FY 2025), Short-Term Borrowings shows an upward trend with a 5.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalLower is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026Apr 30, 2026
How to read this metric
A significant increase may indicate liquidity pressure or a reliance on short-term funding to cover operational costs.
Detailed definition
This represents debt obligations with a maturity of one year or less, excluding the current portion of long-term debt. I...
Peer comparison
Standard for utilities; peers typically maintain access to commercial paper markets to manage seasonal cash flow needs.
Metric ID:
short_term_borrowingsHistorical Data
10 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.4B | $707M | $1.44B | $2.33B | $2.51B | $1.4B | $2.61B | $1.73B | $722M | $1.67B |
| QoQ Change | — | -49.6% | +103.7% | +61.8% | +7.7% | -44.3% | +86.6% | -33.8% | -58.2% | +131.7% |
| YoY Change | — | — | — | — | +79.0% | +97.7% | +81.2% | +23.5% | — | — |
Range$707M – $2.61B
CAGR+8.2%
Avg YoY Growth+70.4%
Median YoY Growth+80.1%
Short-Term Borrowings at Other Companies
Frequently Asked Questions
- What is Southern Company's short-term borrowings?
- Southern Company (SO) reported short-term borrowings of $1.67B in Q1 2026.
- What is the long-term trend for Southern Company's short-term borrowings?
- Over 3 years (2020 to 2025), Southern Company's short-term borrowings has grown at a 5.8% compound annual growth rate (CAGR), from $609M to $722M.
- What does short-term borrowings mean?
- Debt that must be repaid within the next twelve months.