CMS Energy Unrecorded Unconditional Purchase Obligation increased by 79.8% to $20.57B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 79.8%, from $11.44B to $20.57B. Over 4 years (FY 2021 to FY 2025), Unrecorded Unconditional Purchase Obligation shows an upward trend with a 13.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase indicates higher future cash commitments, which could impact future liquidity and financial flexibility.
This represents future payment obligations under non-cancelable purchase contracts that are not yet recognized as liabil...
Often disclosed in footnotes; high levels relative to revenue may indicate significant supply chain dependency.
other_unrecorded_unconditional_purchase_obligation_balan_a30cd0| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $12.47B | $12.52B | $10.70B | $11.44B | $20.57B |
| QoQ Change | — | +0.4% | -14.6% | +6.9% | +79.8% |
| YoY Change | — | +0.4% | -14.6% | +6.9% | +79.8% |