Discontinued — last reported Q3 '19

Other

Unrecorded Unconditional Purchase Obligation - Due After Year Five

CMS Energy Unrecorded Unconditional Purchase Obligation - Due After Year Five increased by 226.5% to $12.47B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 226.5%, from $3.82B to $12.47B. Over 4 years (FY 2021 to FY 2025), Unrecorded Unconditional Purchase Obligation - Due After Year Five shows an upward trend with a 28.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ2 2016
Last reportedQ3 2019

How to read this metric

Significant amounts indicate substantial long-term financial commitments that are not immediately visible in current liabilities.

Detailed definition

Reflects the total value of unconditional purchase obligations that are not recognized on the balance sheet and are due...

Peer comparison

Often found in the footnotes of financial statements for companies with long-term infrastructure or service contracts.

Metric ID: unrecorded_purchase_obligation_after_year_5

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value$4.59B$4.79B$3.66B$3.82B$12.47B
QoQ Change—+4.3%-23.6%+4.4%+226.5%
YoY Change—+4.3%-23.6%+4.4%+226.5%
Range$3.66B – $12.47B
CAGR+171.8%
Avg YoY Growth+52.9%
Median YoY Growth+4.4%
Current Streak2 quarters growth

Frequently Asked Questions

What is CMS Energy's unrecorded unconditional purchase obligation - due after year five?
CMS Energy (CMS) reported unrecorded unconditional purchase obligation - due after year five of $12.47B in Q4 2025.
How has CMS Energy's unrecorded unconditional purchase obligation - due after year five changed year-over-year?
CMS Energy's unrecorded unconditional purchase obligation - due after year five increased by 226.5% year-over-year, from $3.82B to $12.47B.
What is the long-term trend for CMS Energy's unrecorded unconditional purchase obligation - due after year five?
Over 4 years (2021 to 2025), CMS Energy's unrecorded unconditional purchase obligation - due after year five has grown at a 28.4% compound annual growth rate (CAGR), from $4.59B to $12.47B.
What does unrecorded unconditional purchase obligation - due after year five mean?
Contractual purchase obligations due more than five years into the future.