DTE Current Deferred Revenue vs Deferred Long Term Liab Analysis
DTE Stock | USD 124.76 0.78 0.63% |
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 Current Deferred Revenue and its Deferred Long Term Liab 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.
Current Deferred Revenue vs Deferred Long Term Liab
Current Deferred Revenue vs Deferred Long Term Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DTE Energy Current Deferred Revenue account and Deferred Long Term Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between DTE Energy's Current Deferred Revenue and Deferred Long Term Liab is 0.42. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Deferred Long Term Liab 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 Current Deferred Revenue and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of DTE Energy are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Current Deferred Revenue i.e., DTE Energy's Current Deferred Revenue and Deferred Long Term Liab go up and down completely randomly.
Correlation Coefficient | 0.42 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.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.As of November 22, 2024, Selling General Administrative is expected to decline to about 8.6 M. In addition to that, Tax Provision is expected to decline to about 103.2 M
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.3B | 3.7B | 4.3B | 4.1B | Total Revenue | 15.0B | 19.2B | 12.7B | 8.4B |
DTE Energy fundamental ratios Correlations
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DTE Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
DTE Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 185M | 193M | 194M | 196M | 206M | 180.2M | |
Total Assets | 41.9B | 45.5B | 39.7B | 42.7B | 44.8B | 28.3B | |
Short Long Term Debt Total | 17.6B | 19.7B | 18.3B | 19.2B | 21.0B | 11.0B | |
Other Current Liab | 652M | 1.2B | 1.3B | 1.3B | 1.1B | 1.0B | |
Total Current Liabilities | 4.0B | 2.7B | 6.3B | 5.2B | 5.9B | 3.4B | |
Total Stockholder Equity | 11.7B | 12.4B | 8.7B | 10.4B | 11.1B | 7.6B | |
Property Plant And Equipment Net | 25.5B | 28.1B | 27.0B | 28.9B | 28.3B | 16.6B | |
Current Deferred Revenue | 721M | 368M | 311M | 2.4B | 380M | 431.0M | |
Net Debt | 17.5B | 19.1B | 18.2B | 19.2B | 20.9B | 10.9B | |
Retained Earnings | 6.6B | 7.2B | 3.4B | 3.8B | 4.4B | 3.8B | |
Accounts Payable | 1.1B | 1B | 1.4B | 1.6B | 1.4B | 931.3M | |
Cash | 93M | 514M | 28M | 33M | 26M | 24.7M | |
Non Current Assets Total | 38.8B | 42.0B | 36.4B | 38.5B | 41.2B | 25.3B | |
Non Currrent Assets Other | 182M | 144M | 2.3B | 4.8B | 7.8B | 8.2B | |
Cash And Short Term Investments | 93M | 514M | 28M | 33M | 26M | 24.7M | |
Net Receivables | 1.9B | 1.5B | 1.8B | 2.2B | 1.8B | 1.6B | |
Common Stock Total Equity | 5.2B | 5.4B | 5.4B | 6.7B | 7.6B | 8.0B | |
Liabilities And Stockholders Equity | 41.9B | 45.5B | 39.7B | 42.7B | 44.8B | 28.3B | |
Non Current Liabilities Total | 26.0B | 30.2B | 24.7B | 27.1B | 27.8B | 16.0B | |
Inventory | 759M | 716M | 858M | 942M | 1.1B | 700.6M | |
Other Current Assets | 214M | 774M | 601M | 1.0B | 672M | 546.1M | |
Other Stockholder Equity | 164M | 10.1B | 8M | 7.4B | 6.7B | 4.9B | |
Total Liab | 30.0B | 32.9B | 31.0B | 32.3B | 33.7B | 20.6B | |
Property Plant And Equipment Gross | 25.5B | 28.1B | 37.1B | 39.3B | 37.4B | 39.3B | |
Total Current Assets | 3.1B | 3.5B | 3.3B | 4.2B | 3.5B | 3.1B | |
Accumulated Other Comprehensive Income | (148M) | (137M) | (112M) | (62M) | (67M) | (70.4M) | |
Short Term Debt | 1.5B | 523M | 3.6B | 2.3B | 3.4B | 3.6B | |
Common Stock | 5.2B | 5.4B | 5.4B | 6.7B | 6.7B | 4.0B | |
Other Liab | 10.0B | 11.1B | 10.1B | 10.2B | 11.7B | 6.7B | |
Other Assets | 6.3B | 7.0B | 6.8B | 4.9B | 5.6B | 5.4B | |
Long Term Debt | 15.9B | 19.0B | 14.5B | 16.9B | 17.4B | 10.8B | |
Property Plant Equipment | 25.3B | 28.0B | 26.9B | 28.8B | 33.1B | 17.7B | |
Intangible Assets | 2.4B | 2.3B | 177M | 166M | 156M | 148.2M | |
Retained Earnings Total Equity | 6.6B | 7.2B | 3.4B | 3.8B | 4.4B | 4.6B | |
Deferred Long Term Liab | 4.2B | 4.1B | 3.5B | 4.1B | 4.8B | 5.0B | |
Net Tangible Assets | 11.7B | 12.4B | 8.7B | 10.4B | 9.4B | 11.4B |
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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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Multi-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.
Quarterly Earnings Growth 0.425 | Dividend Share 4.08 | Earnings Share 7.38 | Revenue Per Share 60.048 | Quarterly Revenue Growth 0.006 |
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.