CMS Energy Corporation (CMS) — Defensive Interval Ratio

Latest as of March 2026: 144 days

CMS Energy Corporation (CMS) has a Defensive Interval Ratio of 144 days as of March 2026. Defensive assets of $1.42 Billion (cash $-, short-term investments $-, receivables $1.42 Billion) cover 144 days of daily cash needs of $9.84 Million/day. Check tangible equity quality of CMS Energy Corporation to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

144 days
Days of operational coverage

Defensive Assets

$1.42 Billion
Cash + ST Investments + Receivables

Daily Cash Need

$9.84 Million
Current Liabilities ÷ 365

Current Liabilities

$3.59 Billion
USD

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 March 2026, the ratio stands at 144 days, meaning defensive assets of $1.42 Billion can fund 144 days of operations without new revenue. Also explore CMS Energy Corporation annual equity growth to track the company's year-over-year net asset growth rate.

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. For live market cap and the full company financial profile, see CMS market cap.

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 $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)