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CenterPoint Energy CNP Midstream Investments — Interest Expense Other

Discontinued — last reported Q2 '20

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CMTGAll Other Segments — Interest Expense
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Other financials

Income statement

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Revenue$3.0B+1.9%
Gross profit$3.0B+1.9%
Operating income$658.0M+1.4%
Net income$316.0M+6.4%
EPS (diluted)$0.48+6.7%

Balance sheet

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Cash & equivalents$656.0M-47.9%
Total debt$20.7B+0.6%
Total equity$11.4B+4.5%
Total assets$47.8B+7.5%

Cash flow

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Operating cash flow$282.0M-31.2%
CapEx$1.2B+15.4%
Free cash flow-$916.0M-45.9%

Valuation

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Market cap$27.89B+19.4%
Enterprise value$47.91B+12.4%
P/E26×+1.9×
P/S+0.4×

Profitability

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Gross margin100%0.0pp
Operating margin22.5%-0.1pp
Net margin11.4%+0.6pp

Returns & leverage

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Return on equity9.6%+0.3pp
Debt / equity1.8×-0.1×
Current ratio1.2×+0.2×

Where this comes from

Reported directly by CenterPoint Energy in its filing.

Tagged under the XBRL concept us-gaap:InterestExpenseOther.

The official record: CenterPoint Energy’s 10-Q, filed August 6, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does midstream investments — interest expense other mean?
Interest costs related to the Midstream Investments segment that fall outside of standard operating interest expenses.
How do you interpret midstream investments — interest expense other?
An increase suggests higher debt servicing costs or increased leverage within the segment, which may pressure net margins.
How does midstream investments — interest expense other compare across companies?
Comparable to segment-level interest expense or non-operating financing costs reported by peers in the midstream sector.