Discontinued — last reported Q4 '23
Business Segments · Interest charges
Electric Utility — Interest charges
CMS Energy Electric Utility — Interest charges remained flat by 0.0% to $71.25M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 30.7%, from $54.50M to $71.25M. Over 2 years (FY 2021 to FY 2023), Electric Utility — Interest charges shows an upward trend with a 17.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ1 2016
Last reportedQ4 2023
Rolls up toInterest Expense
How to read this metric
An increase suggests higher debt levels or rising interest rates, which can compress net margins.
Detailed definition
Represents the total interest expense incurred by the electric utility segment on its debt obligations. This reflects th...
Peer comparison
Standard interest expense metric for all debt-financed utility segments.
Metric ID:
cms_segment_electric_utility_interest_chargesHistorical Data
3 years
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $207.00M | $218.00M | $285.00M |
| YoY Change | — | +5.3% | +30.7% |
Range$207.00M – $285.00M
CAGR+17.3%
Avg YoY Growth+18.0%
Median YoY Growth+18.0%
Current Streak2+ years growth
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Frequently Asked Questions
- What is CMS Energy's electric utility — interest charges?
- CMS Energy (CMS) reported electric utility — interest charges of $71.25M in Q4 2023.
- How has CMS Energy's electric utility — interest charges changed year-over-year?
- CMS Energy's electric utility — interest charges increased by 30.7% year-over-year, from $54.50M to $71.25M.
- What is the long-term trend for CMS Energy's electric utility — interest charges?
- Over 2 years (2021 to 2023), CMS Energy's electric utility — interest charges has grown at a 17.3% compound annual growth rate (CAGR), from $207.00M to $285.00M.
- What does electric utility — interest charges mean?
- The total cost of interest paid on debt by the electric utility segment.