How do you interpret enerbank — financing receivable, allowance for credit loss?

An increase suggests higher perceived credit risk or a larger loan portfolio, while a decrease may signal improved borrower creditworthiness or a reduction in lending activity.

How does enerbank — financing receivable, allowance for credit loss compare across companies?

Standard across banking and consumer finance sectors as the Allowance for Loan and Lease Losses (ALLL).

CMS Energy CMS EnerBank — Financing Receivable, Allowance for Credit Loss

Discontinued — last reported Q4 '20

Similar metrics at other companies

SSBFinancial Service Product Three — Financing Receivable Allowance For Credit Losses

$14.32M+4.7%

SSBFinancial Service Product Seven — Financing Receivable Allowance For Credit Losses

$5.51M+41.1%

SSBFinancial Service Product Two — Financing Receivable Allowance For Credit Loss Excluding Accrued Interest

$1.38M+74.5%

SSBFinancial Service Product Four — Financing Receivable Allowance For Credit Loss Excluding Accrued Interest

$8.18M-34.8%

KEYCommunity Banking — Financing Receivable Allowance For Credit Losses Lending Related Commitments

$49M-14.0%

SSBFinancial Service Product Two — Financing Receivable Allowance For Credit Losses

$349K-40.4%

Other financials

Income statement

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Revenue$2.7B+11.6%

Operating income$490.0M-0.8%

Net income$340.0M+11.8%

EPS (diluted)$1.10+8.9%

Balance sheet

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Cash & equivalents$263.0M-50.0%

Total debt$19.1B+12.7%

Total equity$9.5B+13.6%

Total assets$40.3B+11.0%

Cash flow

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Operating cash flow$705.0M-29.5%

CapEx$1.0B+17.0%

Free cash flow-$334.0M-398%

Valuation

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Market cap$22.67B+6.4%

Enterprise value$41.52B+9.9%

P/E20.5×-0.4×

P/S2.6×-0.2×

Profitability

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Operating margin19.5%-0.6pp

Net margin12.5%-0.6pp

FCF margin12.8%-8.1pp

Returns & leverage

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Return on equity12.4%-0.1pp

Debt / equity2×0.0×

Current ratio0.8×-0.2×

Where this comes from

Reported directly by CMS Energy in its filing.

Tagged under the XBRL concept us-gaap:FinancingReceivableAllowanceForCreditLosses.

The official record: CMS Energy’s 10-Q, filed April 29, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does enerbank — financing receivable, allowance for credit loss mean?: The amount of money set aside to cover potential losses from unpaid loans.
How do you interpret enerbank — financing receivable, allowance for credit loss?: An increase suggests higher perceived credit risk or a larger loan portfolio, while a decrease may signal improved borrower creditworthiness or a reduction in lending activity.
How does enerbank — financing receivable, allowance for credit loss compare across companies?: Standard across banking and consumer finance sectors as the Allowance for Loan and Lease Losses (ALLL).