DTE Net Working Capital vs Net Invested Capital Analysis

DTE Stock

USD 123.98 1.80 1.47%

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 Net Working Capital and its Net Invested Capital 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.

Net Working Capital vs Net Invested Capital

Net Working Capital vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DTE Energy Net Working Capital account and Net Invested Capital. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between DTE Energy's Net Working Capital and Net Invested Capital is -0.57. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Net Invested Capital 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 Net Working Capital and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of DTE Energy are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Net Working Capital i.e., DTE Energy's Net Working Capital and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.57

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Net Working Capital

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

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

Gross Profit Total Revenue

DTE Energy fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock
Common Stock Shares Outstanding		0.94	0.91	0.57	0.82	0.85	0.92	0.52	0.91	0.49	0.88	0.16	0.93	0.37	0.16	0.81	0.73	0.92	0.87	0.73	0.27	0.95	0.81	0.87	0.6	0.95
Total Assets	0.94		0.97	0.49	0.74	0.95	0.98	0.54	0.97	0.66	0.84	0.34	1.0	0.22	0.34	0.8	0.63	0.99	0.76	0.67	0.31	0.99	0.73	0.83	0.45	0.93
Short Long Term Debt Total	0.91	0.97		0.61	0.78	0.87	0.99	0.54	1.0	0.51	0.8	0.31	0.97	0.32	0.31	0.7	0.68	0.96	0.68	0.69	0.42	0.98	0.8	0.73	0.54	0.94
Other Current Liab	0.57	0.49	0.61		0.63	0.29	0.6	0.47	0.61	-0.12	0.5	0.2	0.49	0.44	0.2	0.36	0.65	0.49	0.24	0.74	0.58	0.55	0.77	0.45	0.6	0.64
Total Current Liabilities	0.82	0.74	0.78	0.63		0.54	0.77	0.49	0.79	0.11	0.85	-0.23	0.73	0.5	-0.23	0.74	0.62	0.68	0.74	0.61	0.09	0.79	0.79	0.69	0.84	0.82
Total Stockholder Equity	0.85	0.95	0.87	0.29	0.54		0.89	0.45	0.86	0.85	0.73	0.45	0.95	0.05	0.45	0.75	0.55	0.94	0.67	0.51	0.23	0.91	0.55	0.76	0.23	0.82
Property Plant And Equipment Net	0.92	0.98	0.99	0.6	0.77	0.89		0.58	0.99	0.54	0.84	0.3	0.98	0.22	0.3	0.75	0.66	0.97	0.71	0.68	0.35	0.98	0.77	0.76	0.48	0.95
Current Deferred Revenue	0.52	0.54	0.54	0.47	0.49	0.45	0.58		0.54	0.1	0.64	-0.07	0.52	0.3	-0.07	0.65	0.43	0.54	0.5	0.72	0.36	0.56	0.58	0.68	0.31	0.67
Net Debt	0.91	0.97	1.0	0.61	0.79	0.86	0.99	0.54		0.51	0.81	0.29	0.97	0.33	0.29	0.71	0.69	0.96	0.69	0.69	0.41	0.98	0.81	0.73	0.55	0.94
Retained Earnings	0.49	0.66	0.51	-0.12	0.11	0.85	0.54	0.1	0.51		0.41	0.56	0.67	-0.27	0.56	0.53	0.22	0.66	0.37	0.11	-0.02	0.58	0.13	0.49	-0.15	0.39
Accounts Payable	0.88	0.84	0.8	0.5	0.85	0.73	0.84	0.64	0.81	0.41		-0.08	0.83	0.33	-0.08	0.94	0.59	0.8	0.84	0.66	0.04	0.85	0.72	0.88	0.57	0.84
Cash	0.16	0.34	0.31	0.2	-0.23	0.45	0.3	-0.07	0.29	0.56	-0.08		0.36	-0.33	1.0	-0.08	0.01	0.41	-0.14	0.26	0.53	0.3	0.0	0.13	-0.36	0.14
Non Current Assets Total	0.93	1.0	0.97	0.49	0.73	0.95	0.98	0.52	0.97	0.67	0.83	0.36		0.2	0.36	0.78	0.63	0.99	0.74	0.65	0.31	0.99	0.72	0.8	0.44	0.92
Non Currrent Assets Other	0.37	0.22	0.32	0.44	0.5	0.05	0.22	0.3	0.33	-0.27	0.33	-0.33	0.2		-0.33	0.26	0.61	0.16	0.38	0.51	0.46	0.27	0.68	0.33	0.79	0.38
Cash And Short Term Investments	0.16	0.34	0.31	0.2	-0.23	0.45	0.3	-0.07	0.29	0.56	-0.08	1.0	0.36	-0.33		-0.08	0.01	0.41	-0.14	0.26	0.53	0.3	0.0	0.13	-0.36	0.14
Net Receivables	0.81	0.8	0.7	0.36	0.74	0.75	0.75	0.65	0.71	0.53	0.94	-0.08	0.78	0.26	-0.08		0.55	0.75	0.79	0.56	-0.06	0.79	0.64	0.91	0.48	0.76
Common Stock Total Equity	0.73	0.63	0.68	0.65	0.62	0.55	0.66	0.43	0.69	0.22	0.59	0.01	0.63	0.61	0.01	0.55		0.58	0.47	0.53	0.35	0.64	0.88	0.5	0.71	0.72
Non Current Liabilities Total	0.92	0.99	0.96	0.49	0.68	0.94	0.97	0.54	0.96	0.66	0.8	0.41	0.99	0.16	0.41	0.75	0.58		0.74	0.69	0.35	0.99	0.69	0.81	0.38	0.91
Inventory	0.87	0.76	0.68	0.24	0.74	0.67	0.71	0.5	0.69	0.37	0.84	-0.14	0.74	0.38	-0.14	0.79	0.47	0.74		0.63	0.03	0.77	0.6	0.86	0.51	0.8
Other Current Assets	0.73	0.67	0.69	0.74	0.61	0.51	0.68	0.72	0.69	0.11	0.66	0.26	0.65	0.51	0.26	0.56	0.53	0.69	0.63		0.65	0.72	0.76	0.81	0.51	0.77
Other Stockholder Equity	0.27	0.31	0.42	0.58	0.09	0.23	0.35	0.36	0.41	-0.02	0.04	0.53	0.31	0.46	0.53	-0.06	0.35	0.35	0.03	0.65		0.33	0.45	0.22	0.17	0.39
Total Liab	0.95	0.99	0.98	0.55	0.79	0.91	0.98	0.56	0.98	0.58	0.85	0.3	0.99	0.27	0.3	0.79	0.64	0.99	0.77	0.72	0.33		0.77	0.83	0.51	0.94
Property Plant And Equipment Gross	0.81	0.73	0.8	0.77	0.79	0.55	0.77	0.58	0.81	0.13	0.72	0.0	0.72	0.68	0.0	0.64	0.88	0.69	0.6	0.76	0.45	0.77		0.67	0.84	0.81
Total Current Assets	0.87	0.83	0.73	0.45	0.69	0.76	0.76	0.68	0.73	0.49	0.88	0.13	0.8	0.33	0.13	0.91	0.5	0.81	0.86	0.81	0.22	0.83	0.67		0.46	0.81
Short Term Debt	0.6	0.45	0.54	0.6	0.84	0.23	0.48	0.31	0.55	-0.15	0.57	-0.36	0.44	0.79	-0.36	0.48	0.71	0.38	0.51	0.51	0.17	0.51	0.84	0.46		0.57
Common Stock	0.95	0.93	0.94	0.64	0.82	0.82	0.95	0.67	0.94	0.39	0.84	0.14	0.92	0.38	0.14	0.76	0.72	0.91	0.8	0.77	0.39	0.94	0.81	0.81	0.57

Click cells to compare fundamentals

DTE Energy Account Relationship Matchups

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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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:

How To Invest In DTE

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Is DTE Stock a good investment?

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What is DTE Energy's Net Worth?

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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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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.

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DTE Net Working Capital vs Net Invested Capital Analysis

Net Working Capital vs Net Invested Capital

Net Working Capital vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Net Working Capital

Net Invested Capital

DTE Energy fundamental ratios Correlations

DTE Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

DTE Energy fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Short Long Term Debt Total

Short Term Debt	- 0.36	Cash And Short Term Investments
Short Term Debt	- 0.36	Cash
Cash And Short Term Investments	- 0.33	Non Currrent Assets Other
Non Currrent Assets Other	- 0.33	Cash
Non Currrent Assets Other	- 0.27	Retained Earnings
Cash And Short Term Investments	- 0.23	Total Current Liabilities