Discontinued — last reported Q4 '23
NorthStar Clean Energy — Interest charges
CMS Energy NorthStar Clean Energy — Interest charges remained flat by 0.0% to $500.00K in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 33.3%, from $750.00K to $500.00K. Over 2 years (FY 2021 to FY 2023), NorthStar Clean Energy — Interest charges shows a downward trend with a -42.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase typically signals higher debt levels or rising interest rates, which can pressure segment margins, while a decrease suggests deleveraging or favorable refinancing.
Detailed definition
Represents the total interest expense incurred by the business segment on debt obligations specifically allocated to its...
Peer comparison
Comparable to 'Interest Expense' or 'Net Interest Charges' reported by business units in diversified industrial or utility conglomerates.
cms_segment_northstar_clean_energy_interest_chargesHistorical Data
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $6.00M | $3.00M | $2.00M |
| YoY Change | — | -50.0% | -33.3% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is CMS Energy's northstar clean energy — interest charges?
- CMS Energy (CMS) reported northstar clean energy — interest charges of $500.00K in Q4 2023.
- How has CMS Energy's northstar clean energy — interest charges changed year-over-year?
- CMS Energy's northstar clean energy — interest charges decreased by 33.3% year-over-year, from $750.00K to $500.00K.
- What is the long-term trend for CMS Energy's northstar clean energy — interest charges?
- Over 2 years (2021 to 2023), CMS Energy's northstar clean energy — interest charges has grown at a -42.3% compound annual growth rate (CAGR), from $6.00M to $2.00M.
- What does northstar clean energy — interest charges mean?
- The total cost of interest paid on debt specifically attributed to this business segment.