Discontinued — last reported Q4 '23

Business Segments · Interest and Debt Expense

Natural Gas — Interest and Debt Expense

CenterPoint Energy Natural Gas — Interest and Debt Expense remained flat by 0.0% to $47.00M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 37.2%, from $34.25M to $47.00M. Over 2 years (FY 2021 to FY 2023), Natural Gas — Interest and Debt Expense shows an upward trend with a 15.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ1 2018
Last reportedQ4 2023
Rolls up toInterest Expense

How to read this metric

An increase suggests higher leverage or rising interest rates, which can pressure segment net income.

Detailed definition

The total cost of interest incurred on debt obligations specifically allocated to the natural gas segment. This represen...

Peer comparison

Standard interest expense reporting for business segments.

Metric ID: cnp_segment_natural_gas_interest_and_debt_expense

Historical Data

3 years
 FY'21FY'22FY'23
Value$141.00M$137.00M$188.00M
YoY Change-2.8%+37.2%
Range$137.00M$188.00M
CAGR+15.5%
Avg YoY Growth+17.2%
Median YoY Growth+17.2%

Frequently Asked Questions

What is CenterPoint Energy's natural gas — interest and debt expense?
CenterPoint Energy (CNP) reported natural gas — interest and debt expense of $47.00M in Q4 2023.
How has CenterPoint Energy's natural gas — interest and debt expense changed year-over-year?
CenterPoint Energy's natural gas — interest and debt expense increased by 37.2% year-over-year, from $34.25M to $47.00M.
What is the long-term trend for CenterPoint Energy's natural gas — interest and debt expense?
Over 2 years (2021 to 2023), CenterPoint Energy's natural gas — interest and debt expense has grown at a 15.5% compound annual growth rate (CAGR), from $141.00M to $188.00M.
What does natural gas — interest and debt expense mean?
The total interest costs paid on debt associated with the natural gas segment.