Discontinued — last reported Q4 '23
Business Segments · Interest charges
Gas Utility — Interest charges
CMS Energy Gas Utility — Interest charges remained flat by 0.0% to $40.25M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 38.8%, from $29.00M to $40.25M. Over 2 years (FY 2021 to FY 2023), Gas Utility — Interest charges shows an upward trend with a 24.4% 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 leverage or rising interest rates, which can compress net margins.
Detailed definition
The total interest expense incurred by the gas utility segment on its debt obligations. This metric highlights the cost...
Peer comparison
Standard debt-servicing metric for regulated utilities with significant long-term debt.
Metric ID:
cms_segment_gas_utility_interest_chargesHistorical Data
3 years
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $104.00M | $116.00M | $161.00M |
| YoY Change | — | +11.5% | +38.8% |
Range$104.00M – $161.00M
CAGR+24.4%
Avg YoY Growth+25.2%
Median YoY Growth+25.2%
Current Streak2+ years growth
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Frequently Asked Questions
- What is CMS Energy's gas utility — interest charges?
- CMS Energy (CMS) reported gas utility — interest charges of $40.25M in Q4 2023.
- How has CMS Energy's gas utility — interest charges changed year-over-year?
- CMS Energy's gas utility — interest charges increased by 38.8% year-over-year, from $29.00M to $40.25M.
- What is the long-term trend for CMS Energy's gas utility — interest charges?
- Over 2 years (2021 to 2023), CMS Energy's gas utility — interest charges has grown at a 24.4% compound annual growth rate (CAGR), from $104.00M to $161.00M.
- What does gas utility — interest charges mean?
- The cost of interest paid on debt specifically allocated to the gas utility segment.