CMS Energy 5.875% J (CMSD) Debt Metrics
Market Cap: $21.59B
Avg Volume: 52.75K
Industry: Regulated Electric
Sector: Utilities
How much debt does CMS Energy 5.875% J have?
According to CMS Energy 5.875% J's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
CMS Energy 5.875% J's total debt stands at $11.34B. This is broken down into:
- Long-term debt: $10.93B
- Short-term debt: $521.00M
The company's net debt, which accounts for cash and cash equivalents, is $11.34B. In terms of overall financial obligations, CMS Energy 5.875% J's total liabilities amount to $27.17B.
Debt Ratios and Metrics
To better understand CMS Energy 5.875% J's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 1.00 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 31.57% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 2.10 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 48.70% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 49.88% - this indicates the total debt in the company's capital structure.
These metrics provide insight into CMS Energy 5.875% J's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$11.34B
Long-term Debt
$10.93B
Short-term Debt
$521.00M
Net Debt
$11.34B
Total Liabilities
$27.17B
Interest Coverage
2.10
Debt to Equity Ratio
1.00
Debt Ratio
31.57%
CMS Energy 5.875% J Historical Debt Metrics
CMS Energy 5.875% J Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $11.34B | $10.93B | $521.00M | $11.34B | $27.17B | 1.00 | 31.57% | 2.10 | 48.70% | 49.88% |
| 2023 | $15.64B | $14.59B | $1.07B | $15.42B | $25.39B | 2.07 | 46.67% | 1.92 | 65.79% | 67.46% |
| 2022 | $15.43B | $13.22B | $1.12B | $15.26B | $23.76B | 2.20 | 49.21% | 0.57 | 65.16% | 68.74% |
| 2021 | $12.47B | $12.12B | $385.00M | $12.02B | $21.57B | 1.88 | 43.38% | 0.42 | 64.50% | 65.29% |
| 2020 | $15.20B | $11.82B | $702.00M | $15.03B | $23.59B | 2.76 | 51.22% | 0.71 | 68.12% | 73.44% |
| 2019 | $13.25B | $12.06B | $1.23B | $13.11B | $21.78B | 2.64 | 49.36% | 0.69 | 70.43% | 72.53% |
| 2018 | $11.78B | $10.68B | $1.09B | $11.62B | $19.74B | 2.48 | 48.01% | 2.54 | 69.06% | 71.24% |
| 2017 | $10.49B | $9.21B | $1.27B | $10.30B | $18.57B | 2.36 | 45.50% | 3.05 | 67.26% | 70.25% |
| 2016 | $10.03B | $8.75B | $1.28B | $9.80B | $17.33B | 2.36 | 46.41% | 2.98 | 67.01% | 70.23% |
| 2015 | $9.51B | $8.52B | $955.00M | $9.25B | $16.36B | 2.42 | 46.77% | 2.94 | 68.08% | 70.73% |
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