CMS Net Invested Capital vs Retained Earnings Analysis

CMS Stock

USD 70.38 0.91 1.31%

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 Retained Earnings 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 closely tied with the direction of predictive economic indicators such as signals in industry.

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

Net Invested Capital vs Retained Earnings

Net Invested Capital vs Retained Earnings 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 Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.

The correlation between CMS Energy's Net Invested Capital and Retained Earnings is 0.92. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Retained Earnings 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 Retained Earnings 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 Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Invested Capital i.e., CMS Energy's Net Invested Capital and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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 closely tied with the direction of predictive economic indicators such as signals in industry.

For more information on how to buy CMS Stock please use our How to Invest in CMS Energy guide.At this time, CMS Energy's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 26.28 in 2026, whereas Selling General Administrative is likely to drop slightly above 99.4 M in 2026.

	2023	2024	2025	2026 (projected)
Gross Profit	2.9B	3.2B	2.9B	2.3B
Total Revenue	7.5B	7.5B	8.6B	6.2B

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		0.48	0.73	-0.55	0.63	0.44	0.46	0.48	0.21	0.74	0.3	0.46	0.22	0.3	0.79	0.25	0.48	0.41	0.3	-0.04	0.77	0.39	0.82	0.55	0.08	0.75
Total Assets	0.48		0.8	0.07	0.71	0.99	1.0	0.99	0.91	0.79	0.01	1.0	0.5	0.01	0.56	0.86	0.98	0.17	0.46	0.08	0.81	0.98	0.7	0.52	0.11	0.76
Short Long Term Debt Total	0.73	0.8		-0.21	0.71	0.76	0.79	0.82	0.71	0.86	0.09	0.8	0.57	0.09	0.64	0.71	0.82	0.07	0.66	-0.05	0.99	0.77	0.69	0.69	0.33	0.92
Other Current Liab	-0.55	0.07	-0.21		0.13	0.14	0.11	0.04	0.33	-0.05	-0.42	0.09	-0.24	-0.42	-0.49	0.15	-0.03	-0.18	-0.33	0.54	-0.17	0.16	-0.35	-0.22	-0.41	-0.17
Total Current Liabilities	0.63	0.71	0.71	0.13		0.72	0.71	0.69	0.64	0.86	-0.07	0.71	0.44	-0.07	0.58	0.45	0.68	0.27	0.03	0.53	0.79	0.66	0.69	0.61	-0.34	0.77
Total Stockholder Equity	0.44	0.99	0.76	0.14	0.72		0.99	0.97	0.94	0.81	0.03	0.99	0.47	0.03	0.5	0.88	0.96	0.2	0.38	0.18	0.79	0.99	0.7	0.43	0.01	0.73
Property Plant And Equipment Net	0.46	1.0	0.79	0.11	0.71	0.99		0.99	0.93	0.8	0.03	1.0	0.5	0.03	0.53	0.86	0.97	0.14	0.43	0.12	0.81	0.98	0.68	0.48	0.07	0.76
Net Debt	0.48	0.99	0.82	0.04	0.69	0.97	0.99		0.89	0.76	-0.04	0.99	0.52	-0.04	0.57	0.84	0.98	0.12	0.52	0.0	0.82	0.96	0.67	0.58	0.19	0.77
Retained Earnings	0.21	0.91	0.71	0.33	0.64	0.94	0.93	0.89		0.73	-0.01	0.92	0.53	-0.01	0.3	0.91	0.89	0.01	0.37	0.26	0.72	0.96	0.49	0.32	0.01	0.66
Accounts Payable	0.74	0.79	0.86	-0.05	0.86	0.81	0.8	0.76	0.73		0.14	0.79	0.47	0.14	0.65	0.68	0.77	0.28	0.34	0.29	0.91	0.79	0.81	0.48	-0.05	0.83
Cash	0.3	0.01	0.09	-0.42	-0.07	0.03	0.03	-0.04	-0.01	0.14		0.0	0.2	1.0	0.07	0.1	0.06	-0.07	-0.03	-0.04	0.12	0.05	0.16	-0.28	-0.03	0.25
Non Current Assets Total	0.46	1.0	0.8	0.09	0.71	0.99	1.0	0.99	0.92	0.79	0.0		0.51	0.0	0.54	0.86	0.98	0.14	0.47	0.08	0.81	0.98	0.67	0.52	0.12	0.76
Non Currrent Assets Other	0.22	0.5	0.57	-0.24	0.44	0.47	0.5	0.52	0.53	0.47	0.2	0.51		0.2	0.29	0.43	0.65	-0.35	0.4	0.01	0.54	0.48	0.24	0.47	0.19	0.51
Cash And Short Term Investments	0.3	0.01	0.09	-0.42	-0.07	0.03	0.03	-0.04	-0.01	0.14	1.0	0.0	0.2		0.07	0.1	0.06	-0.07	-0.03	-0.04	0.12	0.05	0.16	-0.28	-0.03	0.25
Net Receivables	0.79	0.56	0.64	-0.49	0.58	0.5	0.53	0.57	0.3	0.65	0.07	0.54	0.29	0.07		0.31	0.57	0.42	0.28	-0.12	0.67	0.45	0.86	0.61	0.12	0.7
Common Stock Total Equity	0.25	0.86	0.71	0.15	0.45	0.88	0.86	0.84	0.91	0.68	0.1	0.86	0.43	0.1	0.31		0.83	0.14	0.59	-0.02	0.7	0.93	0.55	0.27	0.27	0.61
Non Current Liabilities Total	0.48	0.98	0.82	-0.03	0.68	0.96	0.97	0.98	0.89	0.77	0.06	0.98	0.65	0.06	0.57	0.83		0.07	0.52	0.0	0.82	0.95	0.66	0.57	0.19	0.77
Inventory	0.41	0.17	0.07	-0.18	0.27	0.2	0.14	0.12	0.01	0.28	-0.07	0.14	-0.35	-0.07	0.42	0.14	0.07		-0.17	0.14	0.13	0.16	0.68	0.02	-0.26	0.05
Other Current Assets	0.3	0.46	0.66	-0.33	0.03	0.38	0.43	0.52	0.37	0.34	-0.03	0.47	0.4	-0.03	0.28	0.59	0.52	-0.17		-0.69	0.54	0.45	0.23	0.52	0.9	0.42
Other Stockholder Equity	-0.04	0.08	-0.05	0.54	0.53	0.18	0.12	0.0	0.26	0.29	-0.04	0.08	0.01	-0.04	-0.12	-0.02	0.0	0.14	-0.69		0.08	0.13	0.1	-0.24	-0.91	0.07
Total Liab	0.77	0.81	0.99	-0.17	0.79	0.79	0.81	0.82	0.72	0.91	0.12	0.81	0.54	0.12	0.67	0.7	0.82	0.13	0.54	0.08		0.78	0.74	0.65	0.19	0.95
Property Plant And Equipment Gross	0.39	0.98	0.77	0.16	0.66	0.99	0.98	0.96	0.96	0.79	0.05	0.98	0.48	0.05	0.45	0.93	0.95	0.16	0.45	0.13	0.78		0.65	0.4	0.09	0.72
Total Current Assets	0.82	0.7	0.69	-0.35	0.69	0.7	0.68	0.67	0.49	0.81	0.16	0.67	0.24	0.16	0.86	0.55	0.66	0.68	0.23	0.1	0.74	0.65		0.44	-0.05	0.69
Short Term Debt	0.55	0.52	0.69	-0.22	0.61	0.43	0.48	0.58	0.32	0.48	-0.28	0.52	0.47	-0.28	0.61	0.27	0.57	0.02	0.52	-0.24	0.65	0.4	0.44		0.38	0.65
Common Stock	0.08	0.11	0.33	-0.41	-0.34	0.01	0.07	0.19	0.01	-0.05	-0.03	0.12	0.19	-0.03	0.12	0.27	0.19	-0.26	0.9	-0.91	0.19	0.09	-0.05	0.38		0.14
Other Liab	0.75	0.76	0.92	-0.17	0.77	0.73	0.76	0.77	0.66	0.83	0.25	0.76	0.51	0.25	0.7	0.61	0.77	0.05	0.42	0.07	0.95	0.72	0.69	0.65	0.14

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CMS Energy Account Relationship Matchups

CMS Energy fundamental ratios Accounts

	2021	2022	2023	2024	2025	2026 (projected)
Common Stock Shares Outstanding	289.5M	290M	291.7M	298.3M	343.0M	202.4M
Total Assets	28.8B	31.4B	33.5B	35.9B	41.3B	43.4B
Short Long Term Debt Total	12.5B	14.3B	15.7B	16.6B	19.1B	9.6B
Other Current Liab	418M	388M	397M	511M	459.9M	510.1M
Total Current Liabilities	2.2B	3.0B	2.9B	3.5B	4.0B	2.5B
Total Stockholder Equity	6.6B	7.0B	7.5B	8.2B	9.5B	9.9B
Property Plant And Equipment Net	22.4B	22.7B	25.1B	27.5B	31.6B	33.2B
Net Debt	12.1B	14.2B	15.4B	16.5B	19.0B	19.9B
Retained Earnings	1.1B	1.4B	1.7B	2.0B	2.3B	2.5B
Accounts Payable	886M	936M	809M	1.1B	1.3B	693.3M
Cash	452M	164M	227M	103M	118.5M	112.5M
Non Current Assets Total	26.1B	27.9B	30.7B	33.1B	38.1B	40.0B
Non Currrent Assets Other	3.7B	5.1B	5.5B	5.6B	6.4B	3.6B
Cash And Short Term Investments	452M	164M	227M	103M	118.5M	112.5M
Net Receivables	943M	1.6B	944M	1.1B	1.2B	1.0B
Liabilities And Stockholders Equity	28.8B	31.4B	33.5B	35.9B	41.3B	43.4B
Non Current Liabilities Total	19.4B	20.8B	22.5B	23.7B	27.2B	28.6B
Inventory	667M	1.1B	938M	769M	884.4M	861.1M
Other Current Assets	565M	572M	730M	855M	983.3M	585.3M
Other Stockholder Equity	5.4B	5.5B	5.7B	6.0B	6.9B	4.7B
Total Liab	21.6B	23.8B	25.4B	27.2B	31.2B	16.4B
Property Plant And Equipment Gross	30.9B	31.7B	34.1B	37.0B	42.6B	44.7B
Total Current Assets	2.6B	3.4B	2.8B	2.8B	3.2B	2.7B
Accumulated Other Comprehensive Income	(59M)	(52M)	(46M)	(41M)	(47.2M)	(49.5M)
Short Term Debt	385M	1.1B	1.1B	1.3B	1.5B	947.0M
Other Liab	7.0B	6.8B	7.3B	7.6B	8.7B	4.9B
Other Assets	3.8B	5.2B	5.5B	591M	679.7M	645.7M
Long Term Debt	12.5B	14.3B	14.5B	15.2B	17.5B	9.8B
Property Plant Equipment	22.4B	22.7B	970M	2.1B	2.4B	2.3B
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	12.1B	14.3B	14.6B	15.3B	17.6B	12.5B
Capital Surpluse	5.4B	5.5B	5.7B	6.0B	6.9B	5.7B
Capital Lease Obligations	46M	68M	62M	112M	100.8M	71.3M

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