CMS Net Invested Capital vs Short Long Term Debt Analysis

CMS Stock

USD 62.93 1.60 2.61%

CMS Energy financial indicator trend analysis is way more than just evaluating CMS Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CMS Energy is a good investment. Please check the relationship between CMS Energy Net Invested Capital and its Short Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CMS Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

For more information on how to buy CMS Stock please use our How to Invest in CMS Energy guide.

Net Invested Capital vs Short Long Term Debt

Net Invested Capital vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CMS Energy Net Invested Capital account and Short Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between CMS Energy's Net Invested Capital and Short Long Term Debt is 0.56. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of CMS Energy, assuming nothing else is changed. The correlation between historical values of CMS Energy's Net Invested Capital and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of CMS Energy are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Net Invested Capital i.e., CMS Energy's Net Invested Capital and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.56

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Short Long Term Debt

The total of a company’s short-term and long-term borrowings.

Most indicators from CMS Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CMS Energy current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CMS Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

For more information on how to buy CMS Stock please use our How to Invest in CMS Energy guide.Tax Provision is likely to gain to about 149.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 99.4 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	2.6B	2.8B	2.9B	2.3B
Total Revenue	7.3B	8.6B	7.5B	6.3B

Gross Profit Total Revenue

CMS Energy fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Other Liab
Common Stock Shares Outstanding		0.73	0.69	-0.11	0.31	0.42	0.72	0.69	0.05	0.75	0.32	0.7	0.37	0.32	0.8	0.1	0.77	0.41	0.51	-0.62	0.74	0.33	0.78	0.46	0.54	0.68
Total Assets	0.73		0.99	0.0	0.48	0.81	0.99	0.99	0.66	0.87	0.39	1.0	0.45	0.39	0.71	0.63	0.99	0.13	0.45	-0.5	1.0	0.79	0.71	0.51	0.55	0.96
Short Long Term Debt Total	0.69	0.99		-0.09	0.43	0.79	0.97	1.0	0.65	0.82	0.3	0.99	0.52	0.3	0.73	0.62	0.99	0.09	0.48	-0.51	0.99	0.77	0.68	0.58	0.57	0.94
Other Current Liab	-0.11	0.0	-0.09		0.03	0.05	0.05	-0.11	0.14	0.03	0.65	0.01	-0.02	0.65	-0.38	0.24	-0.05	-0.24	-0.1	-0.06	-0.05	0.12	-0.19	-0.5	0.09	-0.01
Total Current Liabilities	0.31	0.48	0.43	0.03		0.45	0.47	0.43	0.39	0.4	0.14	0.47	-0.44	0.14	0.15	0.48	0.38	0.55	-0.43	0.35	0.45	0.46	0.46	0.14	-0.34	0.47
Total Stockholder Equity	0.42	0.81	0.79	0.05	0.45		0.78	0.78	0.9	0.81	0.54	0.8	0.11	0.54	0.57	0.86	0.73	0.21	0.18	-0.16	0.8	0.98	0.71	0.31	0.26	0.78
Property Plant And Equipment Net	0.72	0.99	0.97	0.05	0.47	0.78		0.97	0.65	0.87	0.44	0.99	0.46	0.44	0.67	0.61	0.98	0.08	0.47	-0.52	0.98	0.76	0.68	0.45	0.58	0.96
Net Debt	0.69	0.99	1.0	-0.11	0.43	0.78	0.97		0.65	0.82	0.28	0.99	0.52	0.28	0.73	0.61	0.98	0.09	0.48	-0.51	0.99	0.76	0.68	0.59	0.56	0.93
Retained Earnings	0.05	0.66	0.65	0.14	0.39	0.9	0.65	0.65		0.59	0.45	0.67	0.08	0.45	0.27	0.9	0.57	-0.04	0.06	0.0	0.63	0.93	0.4	0.14	0.16	0.65
Accounts Payable	0.75	0.87	0.82	0.03	0.4	0.81	0.87	0.82	0.59		0.58	0.85	0.34	0.58	0.81	0.57	0.84	0.35	0.54	-0.56	0.85	0.76	0.88	0.29	0.59	0.82
Cash	0.32	0.39	0.3	0.65	0.14	0.54	0.44	0.28	0.45	0.58		0.39	0.07	1.0	0.12	0.47	0.34	-0.03	0.21	-0.29	0.36	0.54	0.33	-0.2	0.33	0.4
Non Current Assets Total	0.7	1.0	0.99	0.01	0.47	0.8	0.99	0.99	0.67	0.85	0.39		0.47	0.39	0.68	0.63	0.99	0.08	0.45	-0.5	0.99	0.78	0.67	0.51	0.55	0.96
Non Currrent Assets Other	0.37	0.45	0.52	-0.02	-0.44	0.11	0.46	0.52	0.08	0.34	0.07	0.47		0.07	0.47	-0.01	0.57	-0.46	0.87	-0.89	0.49	0.11	0.11	0.43	0.91	0.41
Cash And Short Term Investments	0.32	0.39	0.3	0.65	0.14	0.54	0.44	0.28	0.45	0.58	1.0	0.39	0.07		0.12	0.47	0.34	-0.03	0.21	-0.29	0.36	0.54	0.33	-0.2	0.33	0.4
Net Receivables	0.8	0.71	0.73	-0.38	0.15	0.57	0.67	0.73	0.27	0.81	0.12	0.68	0.47	0.12		0.25	0.75	0.41	0.63	-0.64	0.73	0.49	0.87	0.6	0.62	0.67
Common Stock Total Equity	0.1	0.63	0.62	0.24	0.48	0.86	0.61	0.61	0.9	0.57	0.47	0.63	-0.01	0.47	0.25		0.52	0.13	-0.04	0.05	0.6	0.93	0.46	0.11	0.08	0.55
Non Current Liabilities Total	0.77	0.99	0.99	-0.05	0.38	0.73	0.98	0.98	0.57	0.84	0.34	0.99	0.57	0.34	0.75	0.52		0.06	0.54	-0.6	0.99	0.7	0.68	0.56	0.64	0.95
Inventory	0.41	0.13	0.09	-0.24	0.55	0.21	0.08	0.09	-0.04	0.35	-0.03	0.08	-0.46	-0.03	0.41	0.13	0.06		-0.18	0.17	0.11	0.15	0.7	-0.01	-0.25	0.04
Other Current Assets	0.51	0.45	0.48	-0.1	-0.43	0.18	0.47	0.48	0.06	0.54	0.21	0.45	0.87	0.21	0.63	-0.04	0.54	-0.18		-0.95	0.46	0.13	0.37	0.28	0.95	0.38
Other Stockholder Equity	-0.62	-0.5	-0.51	-0.06	0.35	-0.16	-0.52	-0.51	0.0	-0.56	-0.29	-0.5	-0.89	-0.29	-0.64	0.05	-0.6	0.17	-0.95		-0.51	-0.12	-0.38	-0.29	-0.98	-0.45
Total Liab	0.74	1.0	0.99	-0.05	0.45	0.8	0.98	0.99	0.63	0.85	0.36	0.99	0.49	0.36	0.73	0.6	0.99	0.11	0.46	-0.51		0.77	0.71	0.56	0.56	0.96
Property Plant And Equipment Gross	0.33	0.79	0.77	0.12	0.46	0.98	0.76	0.76	0.93	0.76	0.54	0.78	0.11	0.54	0.49	0.93	0.7	0.15	0.13	-0.12	0.77		0.64	0.26	0.24	0.75
Total Current Assets	0.78	0.71	0.68	-0.19	0.46	0.71	0.68	0.68	0.4	0.88	0.33	0.67	0.11	0.33	0.87	0.46	0.68	0.7	0.37	-0.38	0.71	0.64		0.34	0.36	0.63
Short Term Debt	0.46	0.51	0.58	-0.5	0.14	0.31	0.45	0.59	0.14	0.29	-0.2	0.51	0.43	-0.2	0.6	0.11	0.56	-0.01	0.28	-0.29	0.56	0.26	0.34		0.28	0.56
Common Stock	0.54	0.55	0.57	0.09	-0.34	0.26	0.58	0.56	0.16	0.59	0.33	0.55	0.91	0.33	0.62	0.08	0.64	-0.25	0.95	-0.98	0.56	0.24	0.36	0.28		0.5
Other Liab	0.68	0.96	0.94	-0.01	0.47	0.78	0.96	0.93	0.65	0.82	0.4	0.96	0.41	0.4	0.67	0.55	0.95	0.04	0.38	-0.45	0.96	0.75	0.63	0.56	0.5

Click cells to compare fundamentals

CMS Energy Account Relationship Matchups

CMS Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	284.3M	286.3M	289.5M	290M	291.7M	199.2M
Total Assets	26.8B	29.7B	28.8B	31.4B	33.5B	19.7B
Short Long Term Debt Total	13.2B	15.2B	12.5B	15.4B	15.6B	9.3B
Other Current Liab	273M	307M	1.8B	(181M)	205M	194.8M
Total Current Liabilities	1.5B	1.6B	1.8B	1.9B	2.9B	1.6B
Total Stockholder Equity	5.0B	5.5B	6.6B	7.0B	7.5B	7.9B
Property Plant And Equipment Net	18.9B	21.0B	22.4B	22.7B	25.1B	12.8B
Net Debt	13.1B	15.0B	12.0B	15.3B	15.4B	9.0B
Retained Earnings	(25M)	214M	1.1B	1.4B	1.7B	1.7B
Accounts Payable	635M	678M	886M	928M	802M	672.5M
Cash	140M	168M	452M	164M	227M	263.6M
Non Current Assets Total	24.5B	27.3B	26.1B	27.9B	30.7B	17.1B
Non Currrent Assets Other	5.5B	6.2B	3.7B	4.8B	357M	339.2M
Cash And Short Term Investments	140M	168M	452M	164M	227M	263.6M
Net Receivables	1.1B	1.2B	943M	1.6B	944M	997.0M
Liabilities And Stockholders Equity	26.8B	29.7B	28.8B	31.4B	33.5B	19.7B
Non Current Liabilities Total	20.3B	22.0B	19.7B	21.9B	22.5B	12.7B
Inventory	605M	576M	667M	1.1B	938M	861.6M
Other Current Assets	2.2B	2.2B	2.1B	3.3B	283M	268.9M
Other Stockholder Equity	61M	(165M)	(998M)	(1.3B)	5.7B	6.0B
Total Liab	21.8B	23.6B	21.6B	23.8B	25.4B	16.0B
Property Plant And Equipment Gross	18.9B	26.8B	30.9B	31.7B	34.1B	35.8B
Total Current Assets	2.3B	2.4B	2.6B	3.4B	2.8B	2.7B
Accumulated Other Comprehensive Income	(73M)	(86M)	(59M)	(52M)	(46M)	(48.3M)
Short Term Debt	1.2B	1.5B	382M	1.1B	1.1B	931.3M
Common Stock	4.8B	5.0B	5.5B	6.4B	6.8B	2.9M
Other Liab	7.0B	6.8B	7.3B	7.6B	8.7B	4.9B
Other Assets	5.5B	6.1B	3.8B	5.2B	6.0B	3.4B
Long Term Debt	12.0B	15.2B	12.5B	14.3B	14.5B	9.6B
Property Plant Equipment	19.0B	21.1B	22.4B	22.7B	26.1B	13.8B
Current Deferred Revenue	(644M)	(923M)	(1.3B)	815M	733.5M	770.2M
Deferred Long Term Liab	2.5B	2.7B	2.3B	3.6B	4.1B	4.3B
Net Tangible Assets	5.0B	5.5B	6.4B	6.8B	7.8B	5.3B
Long Term Debt Total	12.0B	15.2B	12.1B	14.3B	16.5B	11.7B
Capital Surpluse	5.1B	5.4B	5.4B	5.5B	6.3B	5.6B
Capital Lease Obligations	76M	56M	46M	68M	62M	69.6M

Pair Trading with CMS Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CMS Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CMS Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with CMS Stock

0.87	D	Dominion Energy	Pair Corr
0.94	ED	Consolidated Edison	Pair Corr
0.7	ES	Eversource Energy	Pair Corr
0.94	FE	FirstEnergy	Pair Corr

Moving against CMS Stock

0.52	EBR	Centrais Electricas	Pair Corr
0.51	CMS-PB	Consumers Energy	Pair Corr
0.46	CMS-PC	CMS Energy	Pair Corr

The ability to find closely correlated positions to CMS Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CMS Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CMS Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CMS Energy to buy it.

The correlation of CMS Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CMS Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CMS Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for CMS Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether CMS Energy is a strong investment it is important to analyze CMS Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CMS Energy's future performance. For an informed investment choice regarding CMS Stock, refer to the following important reports:

How To Invest In CMS

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Is CMS Stock a good investment?

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What is CMS Energy's Net Worth?

Details

Largest Multi-Utilities Companies

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Largest Utilities - Regulated Electric Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CMS Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

For more information on how to buy CMS Stock please use our How to Invest in CMS Energy guide.

You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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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Is CMS Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CMS Energy. If investors know CMS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CMS Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.39

Dividend Share

1.978

Earnings Share

3.28

Revenue Per Share

25.125

Quarterly Revenue Growth

(0.05)

The market value of CMS Energy is measured differently than its book value, which is the value of CMS that is recorded on the company's balance sheet. Investors also form their own opinion of CMS Energy's value that differs from its market value or its book value, called intrinsic value, which is CMS Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CMS Energy's market value can be influenced by many factors that don't directly affect CMS Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between CMS Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if CMS Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CMS Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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CMS Net Invested Capital vs Short Long Term Debt Analysis

Net Invested Capital vs Short Long Term Debt

Net Invested Capital vs Short Long Term Debt Correlation Analysis

Correlation Coefficient

Net Invested Capital

Short Long Term Debt

CMS Energy fundamental ratios Correlations

CMS Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CMS Energy fundamental ratios Accounts

Pair Trading with CMS Energy

Moving together with CMS Stock

Moving against CMS Stock

Complementary Tools for CMS Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Short Long Term Debt Total	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets

Common Stock	- 0.98	Other Stockholder Equity
Other Stockholder Equity	- 0.95	Other Current Assets
Other Stockholder Equity	- 0.89	Non Currrent Assets Other
Other Stockholder Equity	- 0.64	Net Receivables
Other Stockholder Equity	- 0.62	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.6	Non Current Liabilities Total