CMS Energy Corporation (CMS) — Defensive Interval Ratio
CMS Energy Corporation (CMS) has a Defensive Interval Ratio of 111 days as of June 2026. Defensive assets of $1.02 Billion (cash $-, short-term investments $-, receivables $1.02 Billion) cover 111 days of daily cash needs of $9.21 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
CMS Energy Corporation Defensive Interval Ratio (1994–2025)
This chart shows how CMS Energy Corporation's Defensive Interval Ratio has evolved across 32 annual periods from 1994 to 2025. As of June 2026, the ratio stands at 111 days, meaning defensive assets of $1.02 Billion can fund 111 days of operations without new revenue. For the complete balance sheet picture, see CMS current and non-current assets.
Annual Defensive Interval Ratio for CMS Energy Corporation (1994–2025)
The table below presents the year-by-year Defensive Interval Ratio for CMS Energy Corporation from 1994 to 2025, covering 32 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See working capital to net assets of CMS Energy Corporation to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 188 days | $1.83 Billion | $9.72 Million/day | $509.00 Million | $- | ▲ +68 days |
| 2024 | 121 days | $1.17 Billion | $9.65 Million/day | $103.00 Million | $- | ▼ -27 days |
| 2023 | 148 days | $1.17 Billion | $7.93 Million/day | $227.00 Million | $- | ▼ -66 days |
| 2022 | 213 days | $1.74 Billion | $8.18 Million/day | $164.00 Million | $- | ▼ -18 days |
| 2021 | 231 days | $1.40 Billion | $6.04 Million/day | $452.00 Million | $- | ▼ -46 days |
| 2020 | 277 days | $1.19 Billion | $4.30 Million/day | $32.00 Million | $- | ▲ +103 days |
| 2019 | 173 days | $1.28 Billion | $7.41 Million/day | $140.00 Million | $- | ▼ -19 days |
| 2018 | 192 days | $1.38 Billion | $7.19 Million/day | $153.00 Million | $- | ▲ +3 days |
| 2017 | 189 days | $1.44 Billion | $7.63 Million/day | $182.00 Million | $17.00 Million | ▲ +15 days |
| 2016 | 174 days | $1.27 Billion | $7.27 Million/day | $235.00 Million | $19.00 Million | ▲ +26 days |
| 2015 | 148 days | $932.00 Million | $6.31 Million/day | $- | $19.00 Million | ▼ -50 days |
| 2014 | 197 days | $1.05 Billion | $5.34 Million/day | $- | $37.00 Million | ▲ +6 days |
| 2013 | 191 days | $1.02 Billion | $5.33 Million/day | $- | $32.00 Million | ▼ -5 days |
| 2012 | 196 days | $967.00 Million | $4.92 Million/day | $- | $29.00 Million | ▲ +47 days |
| 2011 | 149 days | $955.00 Million | $6.41 Million/day | $- | $27.00 Million | ▼ -49 days |
| 2010 | 198 days | $1.10 Billion | $5.54 Million/day | $- | $23.00 Million | ▲ +0 days |
| 2009 | 198 days | $1.06 Billion | $5.35 Million/day | $- | $32.00 Million | ▲ +5 days |
| 2008 | 193 days | $987.00 Million | $5.10 Million/day | $- | $35.00 Million | ▲ +48 days |
| 2007 | 145 days | $986.00 Million | $6.79 Million/day | $- | $34.00 Million | ▼ -15 days |
| 2006 | 160 days | $946.00 Million | $5.91 Million/day | $- | $71.00 Million | ▼ -27 days |
| 2005 | 188 days | $1.10 Billion | $5.85 Million/day | $- | $198.00 Million | ▲ +32 days |
| 2004 | 155 days | $746.00 Million | $4.81 Million/day | $- | $165.00 Million | ▲ +5 days |
| 2003 | 150 days | $677.00 Million | $4.52 Million/day | $- | $201.00 Million | ▲ +54 days |
| 2002 | 95 days | $757.00 Million | $7.94 Million/day | $- | $- | ▼ -35 days |
| 2001 | 131 days | $1.36 Billion | $10.44 Million/day | $- | $- | ▼ -33 days |
| 2000 | 164 days | $1.44 Billion | $8.77 Million/day | $- | $- | ▲ +25 days |
| 1999 | 140 days | $959.00 Million | $6.87 Million/day | $- | $- | ▼ -6 days |
| 1998 | 145 days | $720.00 Million | $4.96 Million/day | $- | $- | ▲ +61 days |
| 1997 | 84 days | $476.00 Million | $5.68 Million/day | $- | $- | ▲ +5 days |
| 1996 | 79 days | $373.00 Million | $4.72 Million/day | $- | $- | ▲ +7 days |
| 1995 | 72 days | $296.00 Million | $4.14 Million/day | $- | $- | ▲ +26 days |
| 1994 | 46 days | $154.00 Million | $3.35 Million/day | $- | $- | — |