CMS Energy Corporation (CMS) — Net Asset Quality Index
CMS Energy Corporation (CMS) has a Net Asset Quality Index of 24.9% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $40.28 Billion minus total liabilities of $30.23 Billion yields net assets of $10.05 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check how resilient are CMS Energy Corporation's assets to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
CMS Energy Corporation Net Asset Quality Index Over Time (1994–2025)
This chart shows how CMS Energy Corporation's Net Asset Quality Index has evolved across 32 annual periods from 1994 to 2025. As of March 2026, the index stands at 24.9%, representing net assets of $10.05 Billion against total assets of $40.28 Billion USD. See CMS Energy Corporation (CMS) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for CMS Energy Corporation (1994–2025)
The table below presents the year-by-year Net Asset Quality Index for CMS Energy Corporation from 1994 to 2025, covering 32 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see CMS Energy Corporation market capitalisation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 24.0% | $9.71 Billion | $40.39 Billion | $30.68 Billion | ▼ -0.3 pp |
| 2024 | 24.4% | $8.75 Billion | $35.92 Billion | $27.17 Billion | ▲ +0.1 pp |
| 2023 | 24.2% | $8.12 Billion | $33.52 Billion | $25.39 Billion | ▲ +0.0 pp |
| 2022 | 24.2% | $7.59 Billion | $31.35 Billion | $23.76 Billion | ▼ -0.8 pp |
| 2021 | 25.0% | $7.19 Billion | $28.75 Billion | $21.57 Billion | ▲ +4.5 pp |
| 2020 | 20.5% | $6.08 Billion | $29.67 Billion | $23.59 Billion | ▲ +1.6 pp |
| 2019 | 18.8% | $5.05 Billion | $26.84 Billion | $21.78 Billion | ▼ -0.7 pp |
| 2018 | 19.5% | $4.79 Billion | $24.53 Billion | $19.74 Billion | ▲ +0.1 pp |
| 2017 | 19.4% | $4.48 Billion | $23.05 Billion | $18.57 Billion | ▼ -0.4 pp |
| 2016 | 19.8% | $4.29 Billion | $21.62 Billion | $17.33 Billion | ▲ +0.3 pp |
| 2015 | 19.5% | $3.98 Billion | $20.34 Billion | $16.36 Billion | ▲ +0.2 pp |
| 2014 | 19.3% | $3.71 Billion | $19.18 Billion | $15.48 Billion | ▼ -0.7 pp |
| 2013 | 20.0% | $3.49 Billion | $17.42 Billion | $13.93 Billion | ▲ +1.1 pp |
| 2012 | 18.9% | $3.24 Billion | $17.13 Billion | $13.89 Billion | ▲ +0.2 pp |
| 2011 | 18.7% | $3.07 Billion | $16.45 Billion | $13.38 Billion | ▲ +0.5 pp |
| 2010 | 18.2% | $2.84 Billion | $15.62 Billion | $12.78 Billion | ▼ -1.1 pp |
| 2009 | 19.3% | $2.94 Billion | $15.26 Billion | $12.32 Billion | ▲ +0.7 pp |
| 2008 | 18.5% | $2.76 Billion | $14.90 Billion | $12.14 Billion | ▲ +1.4 pp |
| 2007 | 17.1% | $2.43 Billion | $14.20 Billion | $11.76 Billion | ▲ +0.3 pp |
| 2006 | 16.8% | $2.59 Billion | $15.37 Billion | $12.79 Billion | ▼ -1.4 pp |
| 2005 | 18.2% | $2.92 Billion | $16.02 Billion | $13.10 Billion | ▼ -1.1 pp |
| 2004 | 19.3% | $3.07 Billion | $15.87 Billion | $12.81 Billion | ▲ +7.3 pp |
| 2003 | 12.0% | $1.66 Billion | $13.84 Billion | $12.18 Billion | ▲ +3.7 pp |
| 2002 | 8.3% | $1.15 Billion | $13.91 Billion | $12.76 Billion | ▼ -3.3 pp |
| 2001 | 11.6% | $1.98 Billion | $17.10 Billion | $15.13 Billion | ▼ -3.9 pp |
| 2000 | 15.5% | $2.45 Billion | $15.85 Billion | $13.40 Billion | ▼ -0.4 pp |
| 1999 | 15.9% | $2.46 Billion | $15.46 Billion | $13.01 Billion | ▼ -3.7 pp |
| 1998 | 19.6% | $2.22 Billion | $11.31 Billion | $9.09 Billion | ▼ -0.6 pp |
| 1997 | 20.2% | $1.98 Billion | $9.79 Billion | $7.82 Billion | ▲ +0.4 pp |
| 1996 | 19.8% | $1.70 Billion | $8.62 Billion | $6.91 Billion | ▲ +1.7 pp |
| 1995 | 18.0% | $1.47 Billion | $8.14 Billion | $6.67 Billion | ▲ +3.0 pp |
| 1994 | 15.0% | $1.11 Billion | $7.38 Billion | $6.28 Billion | — |