CMS Deferred Long Term Liab vs Net Tangible Assets Analysis

CMSC Stock  USD 24.54  0.02  0.08%   
CMS Energy financial indicator trend analysis is way more than just evaluating CMS Energy Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CMS Energy Corp is a good investment. Please check the relationship between CMS Energy Deferred Long Term Liab and its Net Tangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CMS Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For information on how to trade CMS Stock refer to our How to Trade CMS Stock guide.

Deferred Long Term Liab vs Net Tangible Assets

Deferred Long Term Liab vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CMS Energy Corp Deferred Long Term Liab account and Net Tangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between CMS Energy's Deferred Long Term Liab and Net Tangible Assets is -0.32. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of CMS Energy Corp, assuming nothing else is changed. The correlation between historical values of CMS Energy's Deferred Long Term Liab and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of CMS Energy Corp are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Deferred Long Term Liab i.e., CMS Energy's Deferred Long Term Liab and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
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 Corp 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 Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For information on how to trade CMS Stock refer to our How to Trade CMS Stock guide.The current year's Tax Provision is expected to grow to about 182.9 M, whereas Selling General Administrative is forecasted to decline to about 1.7 B.
 2021 2022 2023 2024 (projected)
Gross Profit2.6B2.8B2.9B2.3B
Total Revenue7.3B8.6B7.5B6.3B

CMS Energy fundamental ratios Correlations

0.730.69-0.180.310.420.720.690.050.750.320.70.360.320.770.770.410.34-0.380.740.780.440.54-0.350.70.42
0.730.990.120.480.810.990.990.660.870.391.00.790.390.640.990.130.080.061.00.710.360.55-0.170.30.89
0.690.990.160.430.790.971.00.650.820.30.990.840.30.640.990.090.10.050.990.680.390.57-0.150.260.89
-0.180.120.160.060.140.090.160.26-0.10.080.140.270.08-0.340.09-0.15-0.40.560.11-0.11-0.31-0.01-0.25-0.20.08
0.310.480.430.060.450.470.430.390.40.140.470.060.140.170.380.55-0.530.490.450.460.19-0.340.40.430.43
0.420.810.790.140.450.780.780.90.810.540.80.680.540.550.730.21-0.060.310.80.710.260.260.090.320.83
0.720.990.970.090.470.780.970.650.870.440.990.780.440.610.980.080.090.040.980.680.330.58-0.210.250.89
0.690.991.00.160.430.780.970.650.810.280.990.840.280.640.980.090.10.050.990.680.40.56-0.140.260.88
0.050.660.650.260.390.90.650.650.60.450.670.680.450.250.57-0.04-0.220.510.630.40.080.160.19-0.080.82
0.750.870.82-0.10.40.810.870.810.60.580.840.570.580.80.840.350.140.00.850.880.310.58-0.110.470.7
0.320.390.30.080.140.540.440.280.450.580.390.261.00.140.34-0.030.060.090.360.33-0.160.33-0.450.180.37
0.71.00.990.140.470.80.990.990.670.840.390.810.390.610.990.080.080.060.990.670.350.55-0.190.260.9
0.360.790.840.270.060.680.780.840.680.570.260.810.260.370.81-0.340.36-0.080.810.330.310.56-0.27-0.090.86
0.320.390.30.080.140.540.440.280.450.581.00.390.260.140.34-0.030.060.090.360.33-0.160.33-0.450.180.37
0.770.640.64-0.340.170.550.610.640.250.80.140.610.370.140.670.480.34-0.330.660.880.620.560.010.550.44
0.770.990.990.090.380.730.980.980.570.840.340.990.810.340.670.060.19-0.070.990.680.40.64-0.270.290.86
0.410.130.09-0.150.550.210.080.09-0.040.35-0.030.08-0.34-0.030.480.06-0.30.20.110.70.17-0.250.50.79-0.16
0.340.080.1-0.4-0.53-0.060.090.1-0.220.140.060.080.360.060.340.19-0.3-0.90.120.060.380.46-0.430.070.08
-0.380.060.050.560.490.310.040.050.510.00.090.06-0.080.09-0.33-0.070.2-0.90.010.01-0.46-0.390.43-0.120.12
0.741.00.990.110.450.80.980.990.630.850.360.990.810.360.660.990.110.120.010.710.40.56-0.190.320.89
0.780.710.68-0.110.460.710.680.680.40.880.330.670.330.330.880.680.70.060.010.710.390.360.120.750.45
0.440.360.39-0.310.190.260.330.40.080.31-0.160.350.31-0.160.620.40.170.38-0.460.40.390.160.070.230.39
0.540.550.57-0.01-0.340.260.580.560.160.580.330.550.560.330.560.64-0.250.46-0.390.560.360.16-0.61-0.070.39
-0.35-0.17-0.15-0.250.40.09-0.21-0.140.19-0.11-0.45-0.19-0.27-0.450.01-0.270.5-0.430.43-0.190.120.07-0.610.1-0.07
0.70.30.26-0.20.430.320.250.26-0.080.470.180.26-0.090.180.550.290.790.07-0.120.320.750.23-0.070.10.02
0.420.890.890.080.430.830.890.880.820.70.370.90.860.370.440.86-0.160.080.120.890.450.390.39-0.070.02
Click cells to compare fundamentals

CMS Energy Account Relationship Matchups

CMS Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding284.3M286.3M289.5M290M291.7M199.2M
Total Assets26.8B29.7B28.8B31.4B33.5B19.7B
Short Long Term Debt Total13.2B15.2B12.5B15.4B15.6B9.3B
Other Current Liab273M1.2B418M396M406M471.1M
Total Current Liabilities1.5B1.6B1.8B1.9B2.9B1.6B
Total Stockholder Equity5.0B5.5B6.6B7.0B7.5B7.9B
Property Plant And Equipment Net18.9B21.0B22.4B22.7B25.1B12.8B
Net Debt13.1B15.0B12.0B15.3B15.4B9.0B
Retained Earnings(25M)214M1.1B1.4B1.7B1.7B
Accounts Payable635M668M886M928M809M672.4M
Cash140M168M452M164M227M263.6M
Non Current Assets Total24.5B27.3B26.1B27.9B30.7B17.1B
Non Currrent Assets Other5.5B6.2B3.7B4.8B5.5B4.0B
Cash And Short Term Investments140M168M452M164M227M263.6M
Net Receivables1.1B872M943M1.6B944M986.6M
Liabilities And Stockholders Equity26.8B29.7B28.8B31.4B33.5B19.7B
Non Current Liabilities Total20.3B22.0B19.7B21.9B22.5B12.7B
Inventory605M576M667M1.1B938M861.6M
Other Current Assets2.2B924M565M572M730M967.2M
Other Stockholder Equity61M5.4B5.4B5.5B5.7B6.0B
Total Liab21.8B23.6B21.6B23.8B25.4B16.0B
Total Current Assets2.3B2.4B2.6B3.4B2.8B2.7B
Accumulated Other Comprehensive Income(73M)(86M)(59M)(52M)(46M)(48.3M)
Short Term Debt1.2B702M385M1.1B1.1B901.9M
Common Stock4.8B5.0B5.5B6.4B6.8B2.9M
Current Deferred Revenue(644M)(923M)(1.3B)815M733.5M770.2M

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When determining whether CMS Energy Corp 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:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CMS Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For information on how to trade CMS Stock refer to our How to Trade CMS Stock guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Electric Utilities space 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.
The market value of CMS Energy Corp 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.