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CMS (CMS Energy) Long-Term Capital Lease Obligation : $111 Mil (As of Mar. 2025)


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What is CMS Energy Long-Term Capital Lease Obligation?

CMS Energy's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was $111 Mil.

CMS Energy's quarterly Long-Term Capital Lease Obligation stayed the same from Sep. 2024 ($112 Mil) to Dec. 2024 ($112 Mil) but then declined from Dec. 2024 ($112 Mil) to Mar. 2025 ($111 Mil).

CMS Energy's annual Long-Term Capital Lease Obligation declined from Dec. 2022 ($68 Mil) to Dec. 2023 ($62 Mil) but then increased from Dec. 2023 ($62 Mil) to Dec. 2024 ($112 Mil).


CMS Energy Long-Term Capital Lease Obligation Historical Data

The historical data trend for CMS Energy's Long-Term Capital Lease Obligation 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 Long-Term Capital Lease Obligation Chart

CMS Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.00 46.00 68.00 62.00 112.00

CMS Energy Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Long-Term Capital Lease Obligation 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 61.00 79.00 112.00 112.00 111.00

CMS Energy  (NYSE:CMS) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

CMS Energy Long-Term Capital Lease Obligation Related Terms

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CMS Energy Business Description

Industry
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. NorthStar Clean Energy, formerly CMS Enterprises, is engaged in wholesale power generation, including contracted renewable energy. CMS sold EnerBank in October 2021.
Executives
Brandon J. Hofmeister officer: Senior Vice President ONE ENERGY PLAZA, JACKSON MI 49201
Laura Wright director 2702 LOVE FIELD DRIVE, P.O. BOX 36611, DALLAS TX 75235-1611
Scott B Mcintosh officer: VP, Controller, CAO ONE ENERGY PLAZA, JACKSON MI 49201
John G Russell director ONE ENERGY PLAZA, JACKSON MI 49201
Brian F Rich officer: Senior Vice President ONE ENERGY PLAZA, JACKSON MI 49201
Jon E Barfield director 1255 COTTINGHAM RO HOME, BLOOMFIELD HILLS MI 48304
Catherine A Hendrian officer: Senior Vice President ONE ENERGY PLAZA, JACKSON MI 49201
Ralph Izzo director PSEG 80 PARK PLAZA, T6B NEWARK NJ 07102-4194
Shaun M Johnson officer: SVP and General Counsel ONE ENERGY PLAZA, JACKSON MI 49201
Dhenuvakonda Rao Venkat officer: Senior Vice President ONE ENERGY PLAZA, JACKSON MI 49201
Tonya L Berry officer: Senior Vice President ONE ENERGY PLAZA, JACKSON MI 49201
Jean-francois Brossoit officer: Senior Vice President ONE ENERGY PLAZA, JACKSON MI 49201
Glenn P Barba officer: VP, Controller, CAO ONE ENERGY PLAZA, JACKSON MI 49201
William D Harvey director 5 SHADE TREE COURT, MADISON WI 53717
Ronald J Tanski director NATIONAL FUEL GAS COMPANY, 6363 MAIN ST, WILLIAMSVILLE NY 14221