DTE Energy Financials

DTG Stock  USD 19.24  0.13  0.68%   
Based on the key measurements obtained from DTE Energy's financial statements, DTE Energy may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, DTE Energy's Net Debt is most likely to increase significantly in the upcoming years. The DTE Energy's current Non Current Assets Total is estimated to increase to about 43.3 B, while Total Current Liabilities is projected to decrease to roughly 3.2 B. Key indicators impacting DTE Energy's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.06090.1096
Way Down
Pretty Stable
Return On Assets0.02970.0312
Notably Down
Slightly volatile
Return On Equity0.130.1264
Fairly Up
Slightly volatile
Debt Equity Ratio1.981.885
Sufficiently Up
Slightly volatile
Operating Income1.5 B2.2 B
Way Down
Slightly volatile
Current Ratio0.670.6016
Moderately Up
Very volatile
Investors should never underestimate DTE Energy's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor DTE Energy's cash flow, debt, and profitability to make informed and accurate decisions about investing in DTE Energy.

Net Income

872.54 Million

  
Understanding current and past DTE Energy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of DTE Energy's financial statements are interrelated, with each one affecting the others. For example, an increase in DTE Energy's assets may result in an increase in income on the income statement.

DTE Energy Stock Summary

DTE Energy competes with Kanzhun, Sonic Automotive, Avis Budget, and DTE Energy. Dollar Thrifty Automotive Group, Inc., through its subsidiaries, engages in the daily rental of vehicles to business and leisure customers under the Dollar and Thrifty names through companyowned stores in the United States and Canada.
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
CUSIP233331818
LocationMichigan; U.S.A
Business AddressLow Fare Finder
IndustryPersonal Services
BenchmarkDow Jones Industrial
Websitewww.dartgroup.co.uk
Phone(44) 113 238 7455
CurrencyUSD - US Dollar

DTE Energy Key Financial Ratios

DTE Energy Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets42.3B45.5B39.7B42.7B44.8B47.0B
Other Current Liab994M1.2B1.3B1.3B1.1B908.5M
Net Debt17.5B19.1B18.2B19.2B20.9B22.0B
Retained Earnings6.6B7.2B3.4B3.8B4.4B4.3B
Accounts Payable1.1B1B1.4B1.6B1.4B1.1B
Total Liab30.4B32.9B31.0B32.3B33.7B18.2B
Short Term Debt1.5B523M3.6B2.3B3.4B3.6B
Common Stock5.2B5.4B5.4B6.7B6.7B4.4B
Cash93M474M35M43M26M24.7M
Other Assets4.8B4.8B4.8B(2.0B)(2.3B)(2.2B)
Total Current Assets3.1B3.5B3.3B4.2B3.5B3.2B
Inventory759M708M858M942M1.1B891.8M
Other Current Assets347M776M729M1.2B827M656.7M
Intangible Assets2.4B199M177M166M156M148.2M
Long Term Debt15.9B19.0B14.5B16.9B19.4B16.6B
Long Term Debt Total15.9B19.0B14.5B16.9B19.4B16.6B

DTE Energy Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense680M637M669M717M853M597.5M
Total Revenue12.6B11.5B15.1B19.2B12.7B11.4B
Gross Profit2.1B2.1B2.1B2.3B4.3B2.5B
Operating Income1.7B1.7B1.7B1.8B2.2B1.5B
Ebit1.7B1.7B1.3B1.8B2.3B1.6B
Ebitda3.0B3.0B2.7B3.3B3.4B2.7B
Cost Of Revenue10.5B9.5B12.9B16.9B8.4B8.9B
Income Before Tax1.3B1.1B656M1.1B1.6B1.0B
Net Income1.2B1.4B905M1.1B1.4B872.5M
Income Tax Expense152M37M(130M)29M169M171.7M
Tax Provision77M71M37M(130M)(117M)(111.2M)
Interest Income409M508M518M562M646.3M526.5M
Extraordinary Items(21M)214M314M111M127.7M159.1M

DTE Energy Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash17M423M(7M)15M8M7.6M
Free Cash Flow2.6B3.7B2.3B1.7B(714M)(678.3M)
Dividends Paid692M760M588M763M752M526.8M
Capital Expenditures3.0B3.9B3.8B435M3.9B4.1B
End Period Cash Flow93M516M9M24M51M78.2M
Depreciation1.3B1.4B1.1B1.2B1.7B1.0B
Other Non Cash Items(115M)476M182M3.4B(281M)(267.0M)
Net Income1.2B1.4B903M955M1.4B889.4M
Change To Inventory59M45M(11M)(26M)(110M)(104.5M)

DTE Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining DTE Energy's current stock value. Our valuation model uses many indicators to compare DTE Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across DTE Energy competition to find correlations between indicators driving DTE Energy's intrinsic value. More Info.
DTE Energy is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in price to earning category among its peers reporting about  215.16  of Price To Earning per Return On Equity. At this time, DTE Energy's Return On Equity is most likely to increase slightly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value DTE Energy by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

DTE Energy Systematic Risk

DTE Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. DTE Energy volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on DTE Energy correlated with the market. If Beta is less than 0 DTE Energy generally moves in the opposite direction as compared to the market. If DTE Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one DTE Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of DTE Energy is generally in the same direction as the market. If Beta > 1 DTE Energy moves generally in the same direction as, but more than the movement of the benchmark.

About DTE Energy Financials

What exactly are DTE Energy Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include DTE Energy's income statement, its balance sheet, and the statement of cash flows. Potential DTE Energy investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although DTE Energy investors may use each financial statement separately, they are all related. The changes in DTE Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on DTE Energy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

DTE Energy Thematic Clasifications

DTE Energy is part of Utilities investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Utilities industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
UtilitiesView
This theme covers USA Equities from Utilities industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in DTE Energy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various DTE Energy's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of DTE Energy growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.15

At this time, DTE Energy's Price Earnings To Growth Ratio is most likely to increase slightly in the upcoming years.

DTE Energy November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of DTE Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of DTE Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of DTE Energy based on widely used predictive technical indicators. In general, we focus on analyzing DTE Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build DTE Energy's daily price indicators and compare them against related drivers.

Complementary Tools for DTE Stock analysis

When running DTE Energy's price analysis, check to measure DTE Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DTE Energy is operating at the current time. Most of DTE Energy's value examination focuses on studying past and present price action to predict the probability of DTE Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DTE Energy's price. Additionally, you may evaluate how the addition of DTE Energy to your portfolios can decrease your overall portfolio volatility.
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