Business Segments · Interest Income

Accelera — Interest Income

Cummins Accelera — Interest Income decreased by 100.0% to $0.00 in Q1 2024 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryLiquidity
SignalHigher is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026
Rolls up toInterest Income

How to read this metric

An increase suggests higher cash balances or improved yields on segment-allocated capital, while a decrease may indicate lower cash reserves or reduced interest rate environments affecting the segment's liquidity.

Detailed definition

This metric represents the interest income generated specifically by the Accelera business segment, which focuses on zer...

Peer comparison

Comparable to interest income reported by other business segments or divisions within industrial companies that maintain separate treasury or cash management functions for specific technology units.

Metric ID: cmi_segment_accelera_interest_income

Historical Data

12 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24
Value$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.00M$0.00$1.00M$0.00
QoQ Change-100.0%-100.0%
Range$0.00$1.00M

Frequently Asked Questions

What is Cummins's accelera — interest income?
Cummins (CMI) reported accelera — interest income of $0.00 in Q1 2024.
What does accelera — interest income mean?
The interest income earned by the Accelera business segment from its cash and investment holdings.