DTE Short Term Debt vs Property Plant And Equipment Net Analysis

DTE Stock  USD 124.60  0.62  0.50%   
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 Short Term Debt and its Property Plant And Equipment Net 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.

Short Term Debt vs Property Plant And Equipment Net

Short Term Debt vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DTE Energy Short Term Debt account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between DTE Energy's Short Term Debt and Property Plant And Equipment Net is 0.48. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Property Plant And Equipment Net 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 Short Term Debt and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of DTE Energy are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Short Term Debt i.e., DTE Energy's Short Term Debt and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Short Term Debt

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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 Profit3.3B3.7B4.3B4.1B
Total Revenue15.0B19.2B12.7B8.4B

DTE Energy fundamental ratios Correlations

0.940.910.570.820.850.920.520.910.490.880.160.930.370.160.810.730.920.870.730.270.950.810.870.60.95
0.940.970.490.740.950.980.540.970.660.840.341.00.220.340.80.630.990.760.670.310.990.730.830.450.93
0.910.970.610.780.870.990.541.00.510.80.310.970.320.310.70.680.960.680.690.420.980.80.730.540.94
0.570.490.610.630.290.60.470.61-0.120.50.20.490.440.20.360.650.490.240.740.580.550.770.450.60.64
0.820.740.780.630.540.770.490.790.110.85-0.230.730.5-0.230.740.620.680.740.610.090.790.790.690.840.82
0.850.950.870.290.540.890.450.860.850.730.450.950.050.450.750.550.940.670.510.230.910.550.760.230.82
0.920.980.990.60.770.890.580.990.540.840.30.980.220.30.750.660.970.710.680.350.980.770.760.480.95
0.520.540.540.470.490.450.580.540.10.64-0.070.520.3-0.070.650.430.540.50.720.360.560.580.680.310.67
0.910.971.00.610.790.860.990.540.510.810.290.970.330.290.710.690.960.690.690.410.980.810.730.550.94
0.490.660.51-0.120.110.850.540.10.510.410.560.67-0.270.560.530.220.660.370.11-0.020.580.130.49-0.150.39
0.880.840.80.50.850.730.840.640.810.41-0.080.830.33-0.080.940.590.80.840.660.040.850.720.880.570.84
0.160.340.310.2-0.230.450.3-0.070.290.56-0.080.36-0.331.0-0.080.010.41-0.140.260.530.30.00.13-0.360.14
0.931.00.970.490.730.950.980.520.970.670.830.360.20.360.780.630.990.740.650.310.990.720.80.440.92
0.370.220.320.440.50.050.220.30.33-0.270.33-0.330.2-0.330.260.610.160.380.510.460.270.680.330.790.38
0.160.340.310.2-0.230.450.3-0.070.290.56-0.081.00.36-0.33-0.080.010.41-0.140.260.530.30.00.13-0.360.14
0.810.80.70.360.740.750.750.650.710.530.94-0.080.780.26-0.080.550.750.790.56-0.060.790.640.910.480.76
0.730.630.680.650.620.550.660.430.690.220.590.010.630.610.010.550.580.470.530.350.640.880.50.710.72
0.920.990.960.490.680.940.970.540.960.660.80.410.990.160.410.750.580.740.690.350.990.690.810.380.91
0.870.760.680.240.740.670.710.50.690.370.84-0.140.740.38-0.140.790.470.740.630.030.770.60.860.510.8
0.730.670.690.740.610.510.680.720.690.110.660.260.650.510.260.560.530.690.630.650.720.760.810.510.77
0.270.310.420.580.090.230.350.360.41-0.020.040.530.310.460.53-0.060.350.350.030.650.330.450.220.170.39
0.950.990.980.550.790.910.980.560.980.580.850.30.990.270.30.790.640.990.770.720.330.770.830.510.94
0.810.730.80.770.790.550.770.580.810.130.720.00.720.680.00.640.880.690.60.760.450.770.670.840.81
0.870.830.730.450.690.760.760.680.730.490.880.130.80.330.130.910.50.810.860.810.220.830.670.460.81
0.60.450.540.60.840.230.480.310.55-0.150.57-0.360.440.79-0.360.480.710.380.510.510.170.510.840.460.57
0.950.930.940.640.820.820.950.670.940.390.840.140.920.380.140.760.720.910.80.770.390.940.810.810.57
Click cells to compare fundamentals

DTE Energy Account Relationship Matchups

DTE Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding185M193M194M196M206M180.2M
Total Assets41.9B45.5B39.7B42.7B44.8B28.3B
Short Long Term Debt Total17.6B19.7B18.3B19.2B21.0B11.0B
Other Current Liab652M1.2B1.3B1.3B1.1B1.0B
Total Current Liabilities4.0B2.7B6.3B5.2B5.9B3.4B
Total Stockholder Equity11.7B12.4B8.7B10.4B11.1B7.6B
Property Plant And Equipment Net25.5B28.1B27.0B28.9B28.3B16.6B
Current Deferred Revenue721M368M311M2.4B380M431.0M
Net Debt17.5B19.1B18.2B19.2B20.9B10.9B
Retained Earnings6.6B7.2B3.4B3.8B4.4B3.8B
Accounts Payable1.1B1B1.4B1.6B1.4B931.3M
Cash93M514M28M33M26M24.7M
Non Current Assets Total38.8B42.0B36.4B38.5B41.2B25.3B
Non Currrent Assets Other182M144M2.3B4.8B7.8B8.2B
Cash And Short Term Investments93M514M28M33M26M24.7M
Net Receivables1.9B1.5B1.8B2.2B1.8B1.6B
Common Stock Total Equity5.2B5.4B5.4B6.7B7.6B8.0B
Liabilities And Stockholders Equity41.9B45.5B39.7B42.7B44.8B28.3B
Non Current Liabilities Total26.0B30.2B24.7B27.1B27.8B16.0B
Inventory759M716M858M942M1.1B700.6M
Other Current Assets214M774M601M1.0B672M546.1M
Other Stockholder Equity164M10.1B8M7.4B6.7B4.9B
Total Liab30.0B32.9B31.0B32.3B33.7B20.6B
Property Plant And Equipment Gross25.5B28.1B37.1B39.3B37.4B39.3B
Total Current Assets3.1B3.5B3.3B4.2B3.5B3.1B
Accumulated Other Comprehensive Income(148M)(137M)(112M)(62M)(67M)(70.4M)
Short Term Debt1.5B523M3.6B2.3B3.4B3.6B
Common Stock5.2B5.4B5.4B6.7B6.7B4.0B
Other Liab10.0B11.1B10.1B10.2B11.7B6.7B
Other Assets6.3B7.0B6.8B4.9B5.6B5.4B
Long Term Debt15.9B19.0B14.5B16.9B17.4B10.8B
Property Plant Equipment25.3B28.0B26.9B28.8B33.1B17.7B
Intangible Assets2.4B2.3B177M166M156M148.2M
Retained Earnings Total Equity6.6B7.2B3.4B3.8B4.4B4.6B
Deferred Long Term Liab4.2B4.1B3.5B4.1B4.8B5.0B
Net Tangible Assets11.7B12.4B8.7B10.4B9.4B11.4B

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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:
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 Bonds Directory module to find actively traded corporate debentures issued by US companies.
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.