Discontinued — last reported Q4 '23
Electric — Interest Income
CenterPoint Energy Electric — Interest Income remained flat by 0.0% to $4.75M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 375.0%, from $1.00M to $4.75M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests higher cash balances or improved yields on short-term investments, while a decrease may indicate lower cash reserves or a lower interest rate environment.
Detailed definition
This metric represents the interest revenue generated by the electric utility segment from cash balances, short-term inv...
Peer comparison
Common across regulated utilities, though often small relative to operating income; peers typically report this as non-operating interest income.
cnp_segment_electric_interest_incomeHistorical Data
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $0.00 | $4.00M | $19.00M |
| YoY Change | — | — | +375.0% |
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Frequently Asked Questions
- What is CenterPoint Energy's electric — interest income?
- CenterPoint Energy (CNP) reported electric — interest income of $4.75M in Q4 2023.
- How has CenterPoint Energy's electric — interest income changed year-over-year?
- CenterPoint Energy's electric — interest income increased by 375.0% year-over-year, from $1.00M to $4.75M.
- What does electric — interest income mean?
- Interest earned on cash and investments held by the electric utility segment.