Discontinued — last reported Q4 '23

Business Segments · Interest Income

Natural Gas — Interest Income

CenterPoint Energy Natural Gas — Interest Income remained flat by 0.0% to $2.50M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 400.0%, from $500.00K to $2.50M. Over 2 years (FY 2021 to FY 2023), Natural Gas — Interest Income shows an upward trend with a 216.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryLiquidity
SignalHigher is better
VolatilityStable
First reportedQ1 2018
Last reportedQ4 2023
Rolls up toInterest Income

How to read this metric

Higher interest income reflects larger cash balances or higher prevailing interest rates.

Detailed definition

The interest revenue earned by the natural gas segment on cash balances, short-term investments, or other interest-beari...

Peer comparison

Standard interest income reporting for business segments.

Metric ID: cnp_segment_natural_gas_interest_income

Historical Data

3 years
 FY'21FY'22FY'23
Value$1.00M$2.00M$10.00M
YoY Change+100.0%+400.0%
Range$1.00M$10.00M
CAGR+216.2%
Avg YoY Growth+250.0%
Median YoY Growth+250.0%
Current Streak2+ years growth

Frequently Asked Questions

What is CenterPoint Energy's natural gas — interest income?
CenterPoint Energy (CNP) reported natural gas — interest income of $2.50M in Q4 2023.
How has CenterPoint Energy's natural gas — interest income changed year-over-year?
CenterPoint Energy's natural gas — interest income increased by 400.0% year-over-year, from $500.00K to $2.50M.
What is the long-term trend for CenterPoint Energy's natural gas — interest income?
Over 2 years (2021 to 2023), CenterPoint Energy's natural gas — interest income has grown at a 216.2% compound annual growth rate (CAGR), from $1.00M to $10.00M.
What does natural gas — interest income mean?
Interest earned on cash and investments held by the natural gas segment.