Discontinued — last reported Q4 '23
Corporate and Other — Interest Income
CenterPoint Energy Corporate and Other — Interest Income remained flat by 0.0% to $8.50M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 42.4%, from $14.75M to $8.50M. Over 2 years (FY 2021 to FY 2023), Corporate and Other — Interest Income shows a downward trend with a -46.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Higher interest income indicates effective cash management or higher interest rate environments on corporate cash holdings.
Detailed definition
Revenue generated by the corporate segment from cash balances, short-term investments, or loans provided to other entiti...
Peer comparison
Standard treasury-related metric for corporate segments across all industries.
cnp_segment_corporate_and_other_interest_incomeHistorical Data
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $118.00M | $59.00M | $34.00M |
| YoY Change | — | -50.0% | -42.4% |
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Frequently Asked Questions
- What is CenterPoint Energy's corporate and other — interest income?
- CenterPoint Energy (CNP) reported corporate and other — interest income of $8.50M in Q4 2023.
- How has CenterPoint Energy's corporate and other — interest income changed year-over-year?
- CenterPoint Energy's corporate and other — interest income decreased by 42.4% year-over-year, from $14.75M to $8.50M.
- What is the long-term trend for CenterPoint Energy's corporate and other — interest income?
- Over 2 years (2021 to 2023), CenterPoint Energy's corporate and other — interest income has grown at a -46.3% compound annual growth rate (CAGR), from $118.00M to $34.00M.
- What does corporate and other — interest income mean?
- Income earned from interest-bearing assets held by the corporate segment.