Southern Company Total Liabilities increased by 2.6% to $103.02B in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 4.8%, from $98.29B to $103.02B. Over 2 years (FY 2020 to FY 2022), Total Liabilities shows an upward trend with a 5.4% CAGR.
A high level of total liabilities relative to equity indicates a more leveraged capital structure and higher financial risk.
The aggregate of all current and non-current debts and obligations owed by the company to external parties. It represent...
Analyzed alongside Total Assets to determine the Debt-to-Asset ratio, which is a standard measure of solvency across all industries.
total_liabilities| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $92.87B | $94.35B | $94.97B | $95.72B | $97.51B | $98.29B | $100.36B | $103.02B |
| QoQ Change | — | +1.6% | +0.7% | +0.8% | +1.9% | +0.8% | +2.1% | +2.6% |
| YoY Change | — | — | — | — | +5.0% | +4.2% | +5.7% | +4.8% |