| Address:
|
ONE ENERGY PLAZA
|
| City: |
JACKSON |
|
State: |
MI |
|
Zip Code: |
49201 |
| Telephone: |
517-788-1612 |
|
Description of Business
|
Primary SIC Code:
4931 |
| (As filed with the SEC)
|
|
|
CMS Energy was formed in Michigan in 1987 and is an energy company operating
primarily in Michigan. It is the parent holding company of several subsidiaries,
including Consumers, an electric and gas utility, and CMS Enterprises, primarily
a domestic IPP. Consumers serves individuals and businesses operating in the
alternative energy, automotive, chemical, metal, and food products industries,
as well as a diversified group of other industries. CMS Enterprises, through its
subsidiaries and equity investments, is engaged primarily in IPP and owns power
generation facilities fueled mostly by natural gas and biomass.
CMS Energy manages its businesses by the nature of services each provides and
operates, principally in three business segments: electric utility, gas utility,
and enterprises, its non-utility operations and investments. Consumers'
consolidated operations account for substantially all of CMS Energy's total
assets, income, and operating revenue. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2011 | 1.52 | 0.210 | 13.02 | | 06/2011 | 1.59 | 0.210 | 12.38 | | 03/2011 | 1.52 | 0.210 | 12.92 | | 12/2010 | 1.36 | 0.210 | 13.68 | | 09/2010 | 1.10 | 0.210 | 16.38 | | 06/2010 | 1.05 | 0.150 | 13.95 | | 03/2010 | 0.87 | 0.150 | 17.77 | | 12/2009 | 0.83 | 0.150 | 18.87 |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | 0.07 | Total Liab/Total Assets | 0.82 | | Net Inc/Total Assets | 0.02 | Total Liab/Inv Cap | 0.99 | | Net Inc/Inv Cap | 0.03 | Total Liab/Comm Equity | 2.78 | | Pretax Inc/Net Sales | 0.09 | Interest Coverage Ratio | 2.36 | | Net Inc/Net Sales | 0.05 | Curr Debt/Equity | 0.27 | | Cash Flow/Net Sales | 0.15 | LTD/Equity | 2.38 | | SG&A/NetSales | 0.03 | Total Debt/Equity | 2.64 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 5.27 | Quick Ratio | 0.78 | | Inventory Turnover | 3.79 | Current Ratio | 1.37 | | Inventory Day Sales | 0.01 | Net Rec/Curr Assets | 0.45 | | Net Sales/Work Cap | 8.72 | Inv/Curr Assets | 0.43 | | Net Sales/PP&E | 0.64 | | |
Income Statement (Millions) |
| |
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Total Revenues(Net Sales)
|
1,464.00
|
1,364.00
|
2,055.00
|
1,682.00
|
|
Cost of Goods Sold
|
995.00
|
984.00
|
1,520.00
|
1,330.00
|
|
Selling & Admin Exps
|
33.00
|
51.00
|
67.00
|
104.00
|
|
Operating Income
|
316.00
|
207.00
|
306.00
|
158.00
|
|
Interest Exp
|
105.00
|
105.00
|
106.00
|
107.00
|
|
Pretax Income
|
221.00
|
111.00
|
210.00
|
48.00
|
|
Other Income
|
6.00
|
7.00
|
6.00
|
44.00
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
139.00
|
100.00
|
135.00
|
25.00
|
|
Assets
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Cash & Short Term Investments
|
652.00
|
1,023.00
|
831.00
|
270.00
|
|
Receivables - Total
|
878.00
|
919.00
|
1,145.00
|
1,241.00
|
|
Inventories - Total
|
1,279.00
|
969.00
|
712.00
|
1,175.00
|
|
Total Current Assets
|
2,860.00
|
2,956.00
|
2,741.00
|
2,759.00
|
|
Net Property, Plant & Equipment
|
10,410.00
|
10,255.00
|
10,138.00
|
10,073.00
|
|
Total Assets
|
15,958.00
|
15,945.00
|
15,642.00
|
15,616.00
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
822.00
|
995.00
|
905.00
|
1,104.00
|
|
Debt in Current Liabilities
|
1,140.00
|
1,123.00
|
1,275.00
|
750.00
|
|
Total Current Liabilities
|
2,214.00
|
2,241.00
|
2,290.00
|
2,021.00
|
|
Long-Term Debt
|
6,208.00
|
6,361.00
|
6,108.00
|
6,636.00
|
|
Total Liabilities
|
12,871.00
|
12,943.00
|
12,711.00
|
12,779.00
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
44.00
|
44.00
|
44.00
|
44.00
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
3.00
|
3.00
|
3.00
|
2.00
|
|
Retained Earnings
|
-1,542.00
|
-1,628.00
|
-1,675.00
|
-1,757.00
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
3,043.00
|
2,958.00
|
2,887.00
|
2,793.00
|
|
Total Liabilities and Stockholders' Equity
|
15,914.00
|
15,901.00
|
15,598.00
|
15,572.00
|
Cash Flow Summary (Millions) |
|
Categories
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Net Cash Provided by Operating Activities
|
-21.00
|
375.00
|
841.00
|
-39.00
|
|
Net Cash Provided by Investing Activities
|
-281.00
|
-243.00
|
-228.00
|
-277.00
|
|
Net Cash Provided by Financing Activities
|
-69.00
|
61.00
|
-61.00
|
-133.00
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2006 | 6,899.00 | -79.00 | -0.44 | | 12/2007 | 6,504.00 | -215.00 | -0.62 | | 12/2008 | 6,821.00 | 300.00 | 1.23 | | 12/2009 | 6,205.00 | 229.00 | 0.83 | | 12/2010 | 6,432.00 | 340.00 | 1.36 | | Growth Rates | -1.74 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 359 | 235,446 | 92.86 |
|
Report Date :
1/30/2012
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