CMS Payout Ratio vs Net Income Per Share Analysis

CMS Stock  USD 70.49  0.04  0.06%   
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 Payout Ratio and its Net Income Per Share 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 population.
For more information on how to buy CMS Stock please use our How to Invest in CMS Energy guide.

Payout Ratio vs Net Income Per Share

Payout Ratio vs Net Income Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CMS Energy Payout Ratio account and Net Income Per Share. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between CMS Energy's Payout Ratio and Net Income Per Share is 0.52. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Net Income Per Share 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 Payout Ratio and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of CMS Energy are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Payout Ratio i.e., CMS Energy's Payout Ratio and Net Income Per Share go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Payout Ratio

Payout Ratio is the proportion of CMS Energy earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of CMS Energy dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating CMS Energy is paying out more in dividends than it makes in net income.

Net Income Per Share

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 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 Profit2.6B2.8B2.9B2.3B
Total Revenue7.3B8.6B7.5B6.3B

CMS Energy fundamental ratios Correlations

0.730.68-0.350.310.420.720.690.050.750.320.70.360.320.80.10.770.410.37-0.440.740.330.780.470.540.68
0.730.98-0.090.480.810.990.990.660.870.391.00.790.390.710.630.990.130.18-0.11.00.790.710.510.550.96
0.680.98-0.090.40.770.961.00.640.790.280.980.840.280.710.630.980.060.24-0.180.980.760.650.60.570.92
-0.35-0.09-0.090.130.09-0.1-0.110.26-0.140.18-0.080.00.18-0.340.36-0.160.01-0.420.49-0.120.17-0.13-0.2-0.22-0.12
0.310.480.40.130.450.470.430.390.40.140.470.060.140.150.480.380.55-0.540.510.450.460.460.14-0.340.47
0.420.810.770.090.450.780.780.90.810.540.80.680.540.570.860.730.21-0.010.240.80.980.710.310.260.78
0.720.990.96-0.10.470.780.970.650.870.440.990.780.440.670.610.980.080.18-0.10.980.760.680.450.580.96
0.690.991.0-0.110.430.780.970.650.820.280.990.840.280.730.610.980.090.23-0.160.990.760.680.590.560.93
0.050.660.640.260.390.90.650.650.60.450.670.680.450.270.90.57-0.04-0.180.440.630.930.40.140.160.65
0.750.870.79-0.140.40.810.870.820.60.580.850.570.580.80.580.840.350.15-0.010.850.760.880.290.590.82
0.320.390.280.180.140.540.440.280.450.580.390.261.00.120.470.34-0.030.030.140.360.540.33-0.20.330.4
0.71.00.98-0.080.470.80.990.990.670.850.390.810.390.680.630.990.080.18-0.110.990.780.670.510.550.96
0.360.790.840.00.060.680.780.840.680.570.260.810.260.470.550.81-0.340.5-0.310.810.680.330.550.560.75
0.320.390.280.180.140.540.440.280.450.581.00.390.260.120.470.34-0.030.030.140.360.540.33-0.20.330.4
0.80.710.71-0.340.150.570.670.730.270.80.120.680.470.120.250.750.410.35-0.330.730.490.870.60.620.67
0.10.630.630.360.480.860.610.610.90.580.470.630.550.470.250.520.13-0.290.50.60.930.460.110.080.55
0.770.990.98-0.160.380.730.980.980.570.840.340.990.810.340.750.520.060.3-0.260.990.70.680.570.640.95
0.410.130.060.010.550.210.080.09-0.040.35-0.030.08-0.34-0.030.410.130.06-0.390.340.110.150.7-0.01-0.250.04
0.370.180.24-0.42-0.54-0.010.180.23-0.180.150.030.180.50.030.35-0.290.3-0.39-0.910.23-0.090.050.430.530.16
-0.44-0.1-0.180.490.510.24-0.1-0.160.44-0.010.14-0.11-0.310.14-0.330.5-0.260.34-0.91-0.170.320.02-0.51-0.52-0.11
0.741.00.98-0.120.450.80.980.990.630.850.360.990.810.360.730.60.990.110.23-0.170.770.710.560.560.96
0.330.790.760.170.460.980.760.760.930.760.540.780.680.540.490.930.70.15-0.090.320.770.640.260.240.75
0.780.710.65-0.130.460.710.680.680.40.880.330.670.330.330.870.460.680.70.050.020.710.640.340.360.63
0.470.510.6-0.20.140.310.450.590.140.29-0.20.510.55-0.20.60.110.57-0.010.43-0.510.560.260.340.290.56
0.540.550.57-0.22-0.340.260.580.560.160.590.330.550.560.330.620.080.64-0.250.53-0.520.560.240.360.290.5
0.680.960.92-0.120.470.780.960.930.650.820.40.960.750.40.670.550.950.040.16-0.110.960.750.630.560.5
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 Total13.2B16.7B12.5B15.4B15.6B9.4B
Other Current Liab273M307M418M396M406M446.1M
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 Payable635M678M886M928M809M672.7M
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 Receivables1.1B1.2B943M1.6B944M997.0M
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 Assets2.2B2.2B565M572M730M1.0B
Other Stockholder Equity61M(165M)5.4B5.5B5.7B6.0B
Total Liab21.8B23.6B21.6B23.8B25.4B16.0B
Property Plant And Equipment Gross18.9B26.8B30.9B31.7B34.1B35.8B
Total Current Assets2.3B2.4B2.6B3.4B2.8B2.7B
Accumulated Other Comprehensive Income(73M)(86M)(59M)(52M)(46M)(48.3M)
Short Term Debt1.2B1.5B385M1.1B1.1B931.3M
Common Stock4.8B5.0B5.5B6.4B6.8B2.9M
Other Liab7.0B6.8B7.3B7.6B8.7B4.9B
Other Assets5.5B6.1B3.8B5.2B6.0B3.4B
Long Term Debt12.0B15.2B12.5B14.3B14.5B9.6B
Property Plant Equipment19.0B21.1B22.4B22.7B26.1B13.8B
Current Deferred Revenue(644M)(923M)(1.3B)815M733.5M770.2M
Deferred Long Term Liab2.5B2.7B2.3B3.6B4.1B4.3B
Net Tangible Assets5.0B5.5B6.4B6.8B7.8B5.3B
Long Term Debt Total12.0B15.2B12.1B14.3B16.5B11.7B
Capital Surpluse5.1B5.4B5.4B5.5B6.3B5.6B
Capital Lease Obligations76M56M46M68M62M69.6M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional 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.