Dte Energy Co Stock Working Capital

DTW Stock

USD 23.18 0.15 0.65%

DTE Energy Co fundamentals help investors to digest information that contributes to DTE Energy's financial success or failures. It also enables traders to predict the movement of DTE Stock. The fundamental analysis module provides a way to measure DTE Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to DTE Energy stock.

		Last Reported	Projected for Next Year
	Change In Working Capital	309 M	324.4 M

Change In Working Capital is likely to climb to about 324.4 M in 2024.

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DTE Energy Co Company Working Capital Analysis

DTE Energy's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

Current Assets

-

Current Liabilities

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DTE Working Capital Driver Correlations

Understanding the fundamental principles of building solid financial models for DTE Energy is extremely important. It helps to project a fair market value of DTE Stock properly, considering its historical fundamentals such as Working Capital. Since DTE Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of DTE Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of DTE Energy's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Total Liab	Short Term Debt	Common Stock	Good Will	Total Current Assets	Net Tangible Assets	Current Deferred Revenue	Long Term Debt	Net Receivables	Long Term Debt Total	Deferred Long Term Liab	Intangible Assets	Property Plant Equipment	Long Term Investments	Short Long Term Debt	Accumulated Depreciation	Short Term Investments
Total Assets		-0.15	0.92	0.58	0.71	0.79	0.48	0.77	-0.13	0.75	-0.38	0.68	0.81	0.73	0.81	-0.35	0.17	0.81	0.59	-0.67	0.1	-0.46
Total Stockholder Equity	-0.15		0.06	-0.2	-0.13	-0.33	0.07	-0.03	0.08	-0.62	-0.15	-0.07	0.18	0.03	0.18	0.19	-0.01	0.14	0.23	-0.06	0.15	-0.11
Net Debt	0.92	0.06		0.46	0.76	0.75	0.61	0.82	-0.19	0.64	-0.49	0.72	0.9	0.8	0.9	-0.33	0.12	0.91	0.6	-0.73	0.14	-0.57
Retained Earnings	0.58	-0.2	0.46		0.18	0.59	-0.25	0.27	0.41	0.51	0.24	0.26	0.48	0.37	0.48	-0.29	0.49	0.35	0.8	-0.36	0.05	0.17
Accounts Payable	0.71	-0.13	0.76	0.18		0.74	0.63	0.8	-0.05	0.7	-0.38	0.78	0.71	0.87	0.71	-0.1	-0.1	0.78	0.24	-0.58	-0.19	-0.56
Total Liab	0.79	-0.33	0.75	0.59	0.74		0.34	0.87	0.01	0.87	-0.43	0.61	0.84	0.62	0.84	-0.15	0.15	0.83	0.47	-0.47	0.1	-0.31
Short Term Debt	0.48	0.07	0.61	-0.25	0.63	0.34		0.56	-0.5	0.31	-0.67	0.3	0.48	0.53	0.48	0.06	-0.2	0.62	0.12	-0.43	0.32	-0.63
Common Stock	0.77	-0.03	0.82	0.27	0.8	0.87	0.56		-0.25	0.71	-0.69	0.74	0.9	0.67	0.9	-0.11	0.01	0.95	0.3	-0.48	0.2	-0.65
Good Will	-0.13	0.08	-0.19	0.41	-0.05	0.01	-0.5	-0.25		-0.18	0.52	-0.04	-0.11	0.14	-0.11	0.01	0.61	-0.21	0.3	-0.01	-0.28	0.59
Total Current Assets	0.75	-0.62	0.64	0.51	0.7	0.87	0.31	0.71	-0.18		-0.28	0.64	0.6	0.6	0.6	-0.19	-0.02	0.61	0.3	-0.4	-0.07	-0.42
Net Tangible Assets	-0.38	-0.15	-0.49	0.24	-0.38	-0.43	-0.67	-0.69	0.52	-0.28		-0.29	-0.58	-0.22	-0.58	-0.2	0.19	-0.65	-0.05	0.2	-0.44	0.54
Current Deferred Revenue	0.68	-0.07	0.72	0.26	0.78	0.61	0.3	0.74	-0.04	0.64	-0.29		0.62	0.77	0.62	-0.32	0.11	0.64	0.18	-0.43	-0.31	-0.59
Long Term Debt	0.81	0.18	0.9	0.48	0.71	0.84	0.48	0.9	-0.11	0.6	-0.58	0.62		0.7	1.0	-0.13	0.07	0.98	0.62	-0.65	0.2	-0.53
Net Receivables	0.73	0.03	0.8	0.37	0.87	0.62	0.53	0.67	0.14	0.6	-0.22	0.77	0.7		0.7	-0.1	0.14	0.71	0.51	-0.65	-0.18	-0.55
Long Term Debt Total	0.81	0.18	0.9	0.48	0.71	0.84	0.48	0.9	-0.11	0.6	-0.58	0.62	1.0	0.7		-0.13	0.07	0.98	0.62	-0.65	0.2	-0.53
Deferred Long Term Liab	-0.35	0.19	-0.33	-0.29	-0.1	-0.15	0.06	-0.11	0.01	-0.19	-0.2	-0.32	-0.13	-0.1	-0.13		-0.36	-0.13	-0.02	0.37	0.05	0.07
Intangible Assets	0.17	-0.01	0.12	0.49	-0.1	0.15	-0.2	0.01	0.61	-0.02	0.19	0.11	0.07	0.14	0.07	-0.36		0.02	0.34	-0.06	0.09	0.28
Property Plant Equipment	0.81	0.14	0.91	0.35	0.78	0.83	0.62	0.95	-0.21	0.61	-0.65	0.64	0.98	0.71	0.98	-0.13	0.02		0.49	-0.63	0.23	-0.6
Long Term Investments	0.59	0.23	0.6	0.8	0.24	0.47	0.12	0.3	0.3	0.3	-0.05	0.18	0.62	0.51	0.62	-0.02	0.34	0.49		-0.49	0.18	0.02
Short Long Term Debt	-0.67	-0.06	-0.73	-0.36	-0.58	-0.47	-0.43	-0.48	-0.01	-0.4	0.2	-0.43	-0.65	-0.65	-0.65	0.37	-0.06	-0.63	-0.49		0.01	0.44
Accumulated Depreciation	0.1	0.15	0.14	0.05	-0.19	0.1	0.32	0.2	-0.28	-0.07	-0.44	-0.31	0.2	-0.18	0.2	0.05	0.09	0.23	0.18	0.01		-0.11
Short Term Investments	-0.46	-0.11	-0.57	0.17	-0.56	-0.31	-0.63	-0.65	0.59	-0.42	0.54	-0.59	-0.53	-0.55	-0.53	0.07	0.28	-0.6	0.02	0.44	-0.11

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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.

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Working Capital Over Time

DTE Capital Lease Obligations

Capital Lease Obligations

6.4 Million

At this time, DTE Energy's Capital Lease Obligations is fairly stable compared to the past year.

According to the company's disclosures, DTE Energy Co has a Working Capital of 0.0. This is 100.0% lower than that of the Electric Utilities sector and about the same as Utilities (which currently averages 0.0) industry. The working capital for all United States stocks is 100.0% higher than that of the company.

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DTE Energy ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, DTE Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to DTE Energy's managers, analysts, and investors.

Environmental

Governance

Social

DTE Fundamentals

	Return On Equity	0.0752
	Price To Earning	3.49 X
	Revenue	12.74 B
	EBITDA	3.96 B
	Net Income	1.4 B
	Cash And Equivalents	164 M
	Cash Per Share	0.90 X
	Total Debt	20.95 B
	Debt To Equity	124.70 %
	Current Ratio	1.16 X
	Book Value Per Share	54.48 X
	Cash Flow From Operations	2.27 B
	Number Of Employees	10.2 K
	Beta	0.15
	Market Capitalization	4.16 B
	Total Asset	44.76 B
	Retained Earnings	4.4 B
	Annual Yield	0.06 %
	Net Asset	44.76 B
	Last Dividend Paid	3.41

About DTE Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze DTE Energy Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of DTE Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of DTE Energy Co based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional 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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