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CMS Energy (BSP:C1MS34) Construction In Progress : R$5,229 Mil (As of Mar. 2024)


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What is CMS Energy Construction In Progress?

CMS Energy's quarterly construction in progress declined from Sep. 2023 (R$8,030 Mil) to Dec. 2023 (R$4,625 Mil) but then increased from Dec. 2023 (R$4,625 Mil) to Mar. 2024 (R$5,229 Mil).

CMS Energy's annual construction in progress increased from Dec. 2021 (R$5,434 Mil) to Dec. 2022 (R$6,200 Mil) but then declined from Dec. 2022 (R$6,200 Mil) to Dec. 2023 (R$4,625 Mil).

CMS Energy Construction In Progress Historical Data

The historical data trend for CMS Energy's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CMS Energy Construction In Progress Chart

CMS Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,677.63 5,582.00 5,434.36 6,200.06 4,625.41

CMS Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6,578.46 6,834.01 8,030.33 4,625.41 5,228.79

CMS Energy Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

CMS Energy (BSP:C1MS34) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » CMS Energy Corp (BSP:C1MS34) » Definitions » Construction In Progress
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CNP AEE PPL ES AGR FE DTE ETR LNT EVRG NEE SO DUK LSE:NG. AEP PCG D BOM:532555 EXC PEG
Traded in Other Exchanges
CMSpC.PFD:USA CMS:USA CMS1:Mexico CSG:Germany CSG:Germany
Address
One Energy Plaza, Jackson, MI, USA, 49201
Website
https://www.cmsenergy.com
CMS Energy is an energy holding company with three principal businesses. Its regulated utility, Consumers Energy, provides regulated natural gas service to 1.8 million customers and electric service to 1.9 million customers in Michigan. CMS Enterprises is engaged in wholesale power generation, including contracted renewable energy. CMS sold EnerBank in October 2021.

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