CMS Energy Corporation CMS NYSE

CMS Energy Corporation (CMS) reported total assets of $40.39B and total liabilities of $30.68B for quarter ending 2025-12-31, resulting in total equity of $9.71B.

The company held $615M in cash and short-term investments. Total debt stood at $18.9B, with net debt of $18.28B. The Debt-to-Equity (D/E) ratio was 1.95 (leveraged).

Current ratio is 0.98, which may signal tight short-term liquidity. Interest coverage is 2.2x (weak).

Criteria supported by this page:

• HEALTH (0/100, Fail) — the balance sheet shows elevated risk in debt or liquidity metrics
• MOAT (80/100) — Total assets $40.39B and equity $9.71B support the company's competitive scale
• VALUE (42/100) — Debt-to-Equity 1.95 contributes to the overall valuation risk assessment

Overall SharesGrow Score: 54/100 with 2/7 criteria passed.