CMS Energy Financials

CMSC Stock  USD 24.52  0.05  0.20%   
Based on the key measurements obtained from CMS Energy's financial statements, CMS Energy Corp is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in December. At present, CMS Energy's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Retained Earnings is expected to grow to about 1.7 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 199.2 M. Key indicators impacting CMS Energy's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.02780.0265
Sufficiently Up
Slightly volatile
Return On Equity0.120.1176
Fairly Up
Slightly volatile
Debt Equity Ratio2.972.0647
Way Up
Pretty Stable
Operating Income974.7 M1.2 B
Significantly Down
Slightly volatile
Current Ratio1.030.9807
Sufficiently Up
Very volatile
Investors should never underestimate CMS Energy's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor CMS Energy's cash flow, debt, and profitability to make informed and accurate decisions about investing in CMS Energy Corp.

Net Income

931.35 Million

  
Understanding current and past CMS Energy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of CMS Energy's financial statements are interrelated, with each one affecting the others. For example, an increase in CMS Energy's assets may result in an increase in income on the income statement.
Please note, the presentation of CMS Energy's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, CMS Energy's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of CMS Energy's management manipulating its earnings.

CMS Energy Stock Summary

CMS Energy competes with Southern Company, DTE Energy, Affiliated Managers, and United States. CMS Energy is entity of United States. It is traded as Stock on NYSE exchange.
Specialization
Utilities, Multiline Utilities
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS1258968528
CUSIP125896852
SectorElectric Utilities
IndustryUtilities
BenchmarkDow Jones Industrial
CurrencyUSD - US Dollar

CMS Energy Key Financial Ratios

CMS Energy Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets26.8B29.7B28.8B31.4B33.5B19.7B
Other Current Liab273M1.2B418M396M406M471.1M
Net Debt13.1B15.0B12.0B15.3B15.4B9.0B
Retained Earnings(25M)214M1.1B1.4B1.7B1.7B
Accounts Payable635M668M886M928M809M672.4M
Cash140M168M452M164M227M263.6M
Net Receivables1.1B872M943M1.6B944M986.6M
Inventory605M576M667M1.1B938M861.6M
Other Current Assets2.2B924M565M572M730M967.2M
Total Liab21.8B23.6B21.6B23.8B25.4B16.0B
Total Current Assets2.3B2.4B2.6B3.4B2.8B2.7B
Short Term Debt1.2B702M385M1.1B1.1B901.9M
Common Stock4.8B5.0B5.5B6.4B6.8B2.9M

CMS Energy Key Income Statement Accounts

201920202021202220232024 (projected)
Total Revenue6.8B6.7B7.3B8.6B7.5B6.3B
Gross Profit2.6B2.8B2.6B2.8B2.9B2.3B
Operating Income356M398M209M295M1.2B974.7M
Ebit356M1.3B1.3B1.4B1.6B936.1M
Ebitda1.3B2.4B2.4B2.5B2.8B2.9B
Net Income680M755M728M837M887M931.4M
Income Tax Expense115M147M133M95M93M100.8M
Income Before Tax829M885M823M902M954M1.0B
Interest Expense458M519M561M500M643M509.2M

CMS Energy Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(18M)28M291M(294M)66M69.3M
Free Cash Flow(446M)(1.2B)(390M)(1.6B)(265M)(278.3M)
Other Non Cash Items(68M)(734M)(82M)(60M)(252M)(239.4M)
Dividends Paid436M467M509M546M(579M)(550.1M)
Capital Expenditures2.2B2.4B2.2B2.5B2.6B1.4B
Net Income682M752M1.3B813M808M848.4M
End Period Cash Flow157M185M476M182M248M268.4M
Change To Inventory44M28M(93M)(450M)185M194.3M
Depreciation992M1.0B1.1B1.1B1.2B875.9M

CMS Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining CMS Energy's current stock value. Our valuation model uses many indicators to compare CMS Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across CMS Energy competition to find correlations between indicators driving CMS Energy's intrinsic value. More Info.
CMS Energy Corp is rated fourth in revenue category among its peers. It also is rated fourth in ebitda category among its peers totaling about  0.37  of EBITDA per Revenue. The ratio of Revenue to EBITDA for CMS Energy Corp is roughly  2.69 . At present, CMS Energy's Total Revenue is projected to increase significantly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the CMS Energy's earnings, one of the primary drivers of an investment's value.

CMS Energy Corp Systematic Risk

CMS Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. CMS Energy volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on CMS Energy Corp correlated with the market. If Beta is less than 0 CMS Energy generally moves in the opposite direction as compared to the market. If CMS Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one CMS Energy Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of CMS Energy is generally in the same direction as the market. If Beta > 1 CMS Energy moves generally in the same direction as, but more than the movement of the benchmark.

About CMS Energy Financials

What exactly are CMS Energy Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include CMS Energy's income statement, its balance sheet, and the statement of cash flows. Potential CMS Energy investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although CMS Energy investors may use each financial statement separately, they are all related. The changes in CMS Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on CMS Energy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
Today, most investors in CMS Energy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various CMS Energy's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of CMS Energy growth as a starting point in their analysis.

Price Earnings To Growth Ratio

3.82

At present, CMS Energy's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

CMS Energy November 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of CMS Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of CMS Energy Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of CMS Energy Corp based on widely used predictive technical indicators. In general, we focus on analyzing CMS Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build CMS Energy's daily price indicators and compare them against related drivers.

Complementary Tools for CMS Stock analysis

When running CMS Energy's price analysis, check to measure CMS Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CMS Energy is operating at the current time. Most of CMS Energy's value examination focuses on studying past and present price action to predict the probability of CMS Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CMS Energy's price. Additionally, you may evaluate how the addition of CMS Energy to your portfolios can decrease your overall portfolio volatility.
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