DTE Revenue Per Share vs Capex To Revenue Analysis

DTB Stock  USD 19.60  0.13  0.67%   
DTE Energy financial indicator trend analysis is much more than just examining DTE Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DTE Energy is a good investment. Please check the relationship between DTE Energy Revenue Per Share and its Capex To Revenue accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DTE Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade DTE Stock refer to our How to Trade DTE Stock guide.

Revenue Per Share vs Capex To Revenue

Revenue Per Share vs Capex To Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DTE Energy Revenue Per Share account and Capex To Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between DTE Energy's Revenue Per Share and Capex To Revenue is -0.04. Overlapping area represents the amount of variation of Revenue Per Share that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of DTE Energy, assuming nothing else is changed. The correlation between historical values of DTE Energy's Revenue Per Share and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Revenue Per Share of DTE Energy are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Revenue Per Share i.e., DTE Energy's Revenue Per Share and Capex To Revenue go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

Revenue Per Share

The amount of revenue generated by a company per share of stock, calculated by dividing total revenue by the average number of shares outstanding.

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.
Most indicators from DTE Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DTE Energy current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DTE Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade DTE Stock refer to our How to Trade DTE Stock guide.At present, DTE Energy's Enterprise Value Over EBITDA is projected to slightly grow based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 7.76, whereas Tax Provision is projected to grow to (111.2 M).
 2021 2022 2023 2024 (projected)
Interest Expense669M717M853M597.5M
Depreciation And Amortization1.4B1.5B1.1B1.1B

DTE Energy fundamental ratios Correlations

0.980.330.66-0.030.980.570.731.00.050.750.480.770.80.16-0.290.16-0.090.860.690.780.580.510.740.230.22
0.980.330.720.061.00.470.760.980.190.750.610.820.890.15-0.460.15-0.190.930.670.850.690.560.780.340.12
0.330.330.38-0.740.330.270.460.33-0.560.710.20.530.29-0.040.04-0.04-0.230.450.840.370.270.20.20.41-0.19
0.660.720.38-0.020.720.030.880.660.250.690.790.810.82-0.25-0.49-0.25-0.150.780.540.630.360.520.760.48-0.03
-0.030.06-0.74-0.020.05-0.2-0.13-0.030.79-0.330.07-0.030.230.36-0.510.360.08-0.02-0.60.190.270.1-0.030.1-0.01
0.981.00.330.720.050.460.760.980.190.750.620.820.890.13-0.460.13-0.190.930.670.850.680.570.790.340.12
0.570.470.270.03-0.20.460.180.58-0.490.59-0.250.270.230.510.440.510.420.280.520.480.280.210.1-0.30.5
0.730.760.460.88-0.130.760.180.720.220.740.630.80.82-0.19-0.39-0.19-0.050.760.710.660.410.740.780.51-0.1
1.00.980.330.66-0.030.980.580.720.050.760.480.770.810.17-0.30.17-0.090.860.690.790.590.510.740.230.22
0.050.19-0.560.250.790.19-0.490.220.05-0.260.470.160.41-0.13-0.71-0.13-0.170.21-0.390.20.290.380.330.32-0.21
0.750.750.710.69-0.330.750.590.740.76-0.260.340.870.750.18-0.130.180.010.790.870.820.470.420.60.340.16
0.480.610.20.790.070.62-0.250.630.480.470.340.560.69-0.42-0.67-0.42-0.50.710.320.460.460.460.70.46-0.2
0.770.820.530.81-0.030.820.270.80.770.160.870.560.90.07-0.510.07-0.250.920.730.870.610.460.790.620.01
0.80.890.290.820.230.890.230.820.810.410.750.690.90.09-0.640.09-0.150.90.560.920.650.640.780.520.05
0.160.15-0.04-0.250.360.130.51-0.190.17-0.130.18-0.420.070.09-0.081.00.110.06-0.020.410.43-0.19-0.290.04-0.03
-0.29-0.460.04-0.49-0.51-0.460.44-0.39-0.3-0.71-0.13-0.67-0.51-0.64-0.08-0.080.62-0.6-0.01-0.51-0.61-0.21-0.48-0.720.48
0.160.15-0.04-0.250.360.130.51-0.190.17-0.130.18-0.420.070.091.0-0.080.110.06-0.020.410.43-0.19-0.290.04-0.03
-0.09-0.19-0.23-0.150.08-0.190.42-0.05-0.09-0.170.01-0.5-0.25-0.150.110.620.11-0.43-0.17-0.09-0.490.23-0.34-0.620.61
0.860.930.450.78-0.020.930.280.760.860.210.790.710.920.90.06-0.60.06-0.430.70.860.740.430.860.54-0.07
0.690.670.840.54-0.60.670.520.710.69-0.390.870.320.730.56-0.02-0.01-0.02-0.170.70.610.440.460.570.390.0
0.780.850.370.630.190.850.480.660.790.20.820.460.870.920.41-0.510.41-0.090.860.610.760.510.610.450.07
0.580.690.270.360.270.680.280.410.590.290.470.460.610.650.43-0.610.43-0.490.740.440.760.360.450.59-0.39
0.510.560.20.520.10.570.210.740.510.380.420.460.460.64-0.19-0.21-0.190.230.430.460.510.360.440.260.07
0.740.780.20.76-0.030.790.10.780.740.330.60.70.790.78-0.29-0.48-0.29-0.340.860.570.610.450.440.420.03
0.230.340.410.480.10.34-0.30.510.230.320.340.460.620.520.04-0.720.04-0.620.540.390.450.590.260.42-0.62
0.220.12-0.19-0.03-0.010.120.5-0.10.22-0.210.16-0.20.010.05-0.030.48-0.030.61-0.070.00.07-0.390.070.03-0.62
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DTE Energy Account Relationship Matchups

DTE Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets42.3B45.5B39.7B42.7B44.8B47.0B
Short Long Term Debt Total17.6B19.6B18.3B19.2B21.0B22.0B
Other Current Liab994M1.2B1.3B1.3B1.1B908.5M
Total Current Liabilities4.0B2.7B6.3B5.2B5.9B3.2B
Total Stockholder Equity11.7B12.4B8.7B10.4B11.1B10.8B
Net Debt17.5B19.1B18.2B19.2B20.9B22.0B
Retained Earnings6.6B7.2B3.4B3.8B4.4B4.3B
Accounts Payable1.1B1B1.4B1.6B1.4B1.1B
Non Current Assets Total39.2B42.0B36.4B38.5B41.2B43.3B
Liabilities And Stockholders Equity42.3B45.5B39.7B42.7B44.8B47.0B
Other Stockholder Equity(123M)(3.8B)8M6.7B6.0B6.5B
Total Liab30.4B32.9B31.0B32.3B33.7B18.2B
Accumulated Other Comprehensive Income(148M)(137M)(112M)(62M)(67M)(63.7M)
Short Term Debt1.5B523M3.6B2.3B3.4B3.6B
Common Stock5.2B5.4B5.4B6.7B6.7B4.4B
Property Plant And Equipment Net25.5B24.6B27.0B28.9B28.3B24.3B
Cash93M474M35M43M26M24.7M
Other Assets4.8B4.4B160K(2.0B)(1.8B)(1.7B)
Cash And Short Term Investments93M474M35M43M26M24.7M
Common Stock Shares Outstanding185M193M194M196M206M195.6M
Total Current Assets3.1B3.5B3.3B4.2B3.5B3.2B
Non Current Liabilities Total26.4B30.2B24.7B27.1B27.8B23.0B
Non Currrent Assets Other2.5B9.8B2.2B4.9B7.9B8.3B
Inventory759M708M858M942M1.1B891.8M
Other Current Assets347M774M729M1.2B827M656.5M
Intangible Assets2.4B199M177M166M156M148.2M
Current Deferred Revenue172M379M210M171M2.4B199.5M
Long Term Debt15.9B19.0B14.5B16.9B19.4B15.2B
Long Term Debt Total15.9B19.0B14.5B16.9B19.4B15.2B
Property Plant Equipment3.9B4.3B26.9B28.8B33.1B34.7B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether DTE Energy is a strong investment it is important to analyze DTE Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DTE Energy's future performance. For an informed investment choice regarding DTE Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DTE Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade DTE Stock refer to our How to Trade DTE Stock guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DTE Energy. If investors know DTE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DTE Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Equity
0.0752
The market value of DTE Energy is measured differently than its book value, which is the value of DTE that is recorded on the company's balance sheet. Investors also form their own opinion of DTE Energy's value that differs from its market value or its book value, called intrinsic value, which is DTE Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DTE Energy's market value can be influenced by many factors that don't directly affect DTE Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DTE Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if DTE Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DTE Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.