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CMS Energy (LTS:0HR4) Debt-to-Revenue : 2.32 (As of Sep. 2024)


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What is CMS Energy Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

CMS Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $507 Mil. CMS Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $15,660 Mil. CMS Energy's annualized Revenue for the quarter that ended in Sep. 2024 was $6,972 Mil. CMS Energy's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 was 2.32.


CMS Energy Debt-to-Revenue Historical Data

The historical data trend for CMS Energy's Debt-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CMS Energy Debt-to-Revenue Chart

CMS Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.00 1.93 1.70 1.67 2.10

CMS Energy Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.31 2.01 1.82 2.45 2.32

Competitive Comparison of CMS Energy's Debt-to-Revenue

For the Utilities - Regulated Electric subindustry, CMS Energy's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CMS Energy's Debt-to-Revenue Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, CMS Energy's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where CMS Energy's Debt-to-Revenue falls into.



CMS Energy Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

CMS Energy's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1073 + 14570) / 7462
=2.10

CMS Energy's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(507 + 15660) / 6972
=2.32

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Sep. 2024) Revenue data.


CMS Energy Debt-to-Revenue Related Terms

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CMS Energy Business Description

Traded in Other Exchanges
Address
One Energy Plaza, Jackson, MI, USA, 49201
CMS Energy is an energy holding company with three principal businesses. Its regulated utility, Consumers Energy, provides regulated natural gas service to 1.8 million customers and electric service to 1.9 million customers in Michigan. CMS Enterprises is engaged in wholesale power generation, including contracted renewable energy. CMS sold EnerBank in October 2021.

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