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Consumers Energy Co (Consumers Energy Co) Debt-to-Equity : 1.09 (As of Mar. 2024)


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What is Consumers Energy Co Debt-to-Equity?

Consumers Energy Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $772.00 Mil. Consumers Energy Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $11,054.00 Mil. Consumers Energy Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $10,810.00 Mil. Consumers Energy Co's debt to equity for the quarter that ended in Mar. 2024 was 1.09.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Consumers Energy Co's Debt-to-Equity or its related term are showing as below:

CMSpB.PFD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0
Current: 2.3

CMSpB.PFD's Debt-to-Equity is not ranked
in the Utilities - Regulated industry.
Industry Median: 0.85 vs CMSpB.PFD: 2.30

Consumers Energy Co Debt-to-Equity Historical Data

The historical data trend for Consumers Energy Co's Debt-to-Equity 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.

Consumers Energy Co Debt-to-Equity Chart

Consumers Energy Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.99 0.96 1.02 1.05

Consumers Energy Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity 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 1.02 0.97 1.02 1.05 1.09

Competitive Comparison of Consumers Energy Co's Debt-to-Equity

For the Utilities - Regulated Electric subindustry, Consumers Energy Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Consumers Energy Co's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Consumers Energy Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Consumers Energy Co's Debt-to-Equity falls into.



Consumers Energy Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Consumers Energy Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Consumers Energy Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Consumers Energy Co  (NYSE:CMSpB.PFD) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Consumers Energy Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Consumers Energy Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Consumers Energy Co (Consumers Energy Co) Business Description

Traded in Other Exchanges
N/A
Address
One Energy Plaza, Jackson, MI, USA, 49201
Consumers Energy Co operates as an electric and gas utility in Michigan. The business activity of the group is functioned through three segments namely Electric Utility, Gas Utility, and Enterprises, its non-utility operations and investments. The Electric Utility segment refers to the generation, purchase, transmission, distribution, and sale of electricity. The Gas Utility segment is comprised of the purchase, transmission, storage, distribution, and sale of natural gas. The group primarily serves residential, commercial, and industrial customers. Geographically, it operates through the region of Michigan, US.
Executives
Ralph Izzo director PSEG 80 PARK PLAZA, T6B NEWARK NJ 07102-4194
Tonya L Berry officer: Senior Vice President ONE ENERGY PLAZA, JACKSON MI 49201
Scott B Mcintosh officer: VP, Controller, CAO ONE ENERGY PLAZA, JACKSON MI 49201
Leeroy Jr Wells officer: Senior Vice President ONE ENERGY PLAZA, JACKSON MI 49201
Ronald J Tanski director NATIONAL FUEL GAS COMPANY, 6363 MAIN ST, WILLIAMSVILLE NY 14221
Shaun M Johnson officer: SVP and General Counsel ONE ENERGY PLAZA, JACKSON MI 49201
Suzanne F. Shank director C/O PENSARE SPONSOR GROUP, LLC, 1720 PEACHTREE STREET, SUITE 629, ATLANTA GA 30309
Brandon J. Hofmeister officer: Senior Vice President ONE ENERGY PLAZA, JACKSON MI 49201
Rejji P Hayes officer: EVP/CFO ONE ENERGY PLAZA, JACKSON MI 49201
Jean-francois Brossoit officer: Senior Vice President ONE ENERGY PLAZA, JACKSON MI 49201
Catherine A Hendrian officer: Senior Vice President ONE ENERGY PLAZA, JACKSON MI 49201
Dhenuvakonda Rao Venkat officer: Senior Vice President ONE ENERGY PLAZA, JACKSON MI 49201
Brian F Rich officer: SVP and CIO ONE ENERGY PLAZA, JACKSON MI 49201
John G Sznewajs director 17450 COLLEGE PARKWAY, LIVONIA MI 48152
Garrick J Rochow officer: Vice President ONE ENERGY PLAZA, JACKSON MI 49201

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