DTE Historical Balance Sheet

DTG Stock  USD 19.33  0.09  0.47%   
Trend analysis of DTE Energy balance sheet accounts such as Other Current Liabilities of 908.5 M or Total Current Liabilities of 3.2 B provides information on DTE Energy's total assets, liabilities, and equity, which is the actual value of DTE Energy to its prevalent stockholders. By breaking down trends over time using DTE Energy balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Covid
Financial Statement Analysis is much more than just reviewing and examining DTE Energy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether DTE Energy is a good buy for the upcoming year.

DTE Energy Inventory

891.8 Million

  
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 more detail on how to invest in DTE Stock please use our How to Invest in DTE Energy guide.

About DTE Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of DTE Energy at a specified time, usually calculated after every quarter, six months, or one year. DTE Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of DTE Energy and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which DTE currently owns. An asset can also be divided into two categories, current and non-current.

DTE Energy Balance Sheet Chart

At this time, DTE Energy's Net Debt is most likely to increase significantly in the upcoming years. The DTE Energy's current Non Current Assets Total is estimated to increase to about 43.3 B, while Total Current Liabilities is projected to decrease to roughly 3.2 B.

Total Current Liabilities

Total Current Liabilities is an item on DTE Energy balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of DTE Energy are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most accounts from DTE Energy's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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 more detail on how to invest in DTE Stock please use our How to Invest in DTE Energy guide.At this time, DTE Energy's Net Debt is most likely to increase significantly in the upcoming years. The DTE Energy's current Non Current Assets Total is estimated to increase to about 43.3 B, while Total Current Liabilities is projected to decrease to roughly 3.2 B.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total18.3B19.2B21.0B22.0B
Total Assets39.7B42.7B44.8B47.0B

DTE Energy balance sheet Correlations

0.980.330.66-0.030.980.570.731.00.110.750.480.770.80.16-0.190.16-0.090.860.690.780.580.510.740.230.22
0.980.330.720.061.00.470.760.980.250.750.610.820.890.15-0.340.15-0.190.930.670.850.690.560.780.340.12
0.330.330.38-0.740.330.270.460.33-0.540.710.20.530.29-0.040.1-0.04-0.230.450.840.370.270.20.20.41-0.19
0.660.720.38-0.020.720.030.880.660.230.690.790.810.82-0.25-0.53-0.25-0.150.780.540.630.360.520.760.48-0.03
-0.030.06-0.74-0.020.05-0.2-0.13-0.030.84-0.330.07-0.030.230.36-0.40.360.08-0.02-0.60.190.270.1-0.030.1-0.01
0.981.00.330.720.050.460.760.980.250.750.620.820.890.13-0.350.13-0.190.930.670.850.680.570.790.340.12
0.570.470.270.03-0.20.460.180.58-0.410.59-0.250.270.230.510.640.510.420.280.520.480.280.210.1-0.30.5
0.730.760.460.88-0.130.760.180.720.210.740.630.80.82-0.19-0.42-0.19-0.050.760.710.660.410.740.780.51-0.1
1.00.980.330.66-0.030.980.580.720.110.760.480.770.810.17-0.190.17-0.090.860.690.790.590.510.740.230.22
0.110.25-0.540.230.840.25-0.410.210.11-0.210.440.20.450.02-0.770.02-0.20.26-0.360.290.410.360.320.36-0.24
0.750.750.710.69-0.330.750.590.740.76-0.210.340.870.750.180.010.180.010.790.870.820.470.420.60.340.16
0.480.610.20.790.070.62-0.250.630.480.440.340.560.69-0.42-0.78-0.42-0.50.710.320.460.460.460.70.46-0.2
0.770.820.530.81-0.030.820.270.80.770.20.870.560.90.07-0.410.07-0.250.920.730.870.610.460.790.620.01
0.80.890.290.820.230.890.230.820.810.450.750.690.90.09-0.550.09-0.150.90.560.920.650.640.780.520.05
0.160.15-0.04-0.250.360.130.51-0.190.170.020.18-0.420.070.090.331.00.110.06-0.020.410.43-0.19-0.290.04-0.03
-0.19-0.340.1-0.53-0.4-0.350.64-0.42-0.19-0.770.01-0.78-0.41-0.550.330.330.59-0.50.05-0.29-0.37-0.27-0.56-0.620.43
0.160.15-0.04-0.250.360.130.51-0.190.170.020.18-0.420.070.091.00.330.110.06-0.020.410.43-0.19-0.290.04-0.03
-0.09-0.19-0.23-0.150.08-0.190.42-0.05-0.09-0.20.01-0.5-0.25-0.150.110.590.11-0.43-0.17-0.09-0.490.23-0.34-0.620.61
0.860.930.450.78-0.020.930.280.760.860.260.790.710.920.90.06-0.50.06-0.430.70.860.740.430.860.54-0.07
0.690.670.840.54-0.60.670.520.710.69-0.360.870.320.730.56-0.020.05-0.02-0.170.70.610.440.460.570.390.0
0.780.850.370.630.190.850.480.660.790.290.820.460.870.920.41-0.290.41-0.090.860.610.760.510.610.450.07
0.580.690.270.360.270.680.280.410.590.410.470.460.610.650.43-0.370.43-0.490.740.440.760.360.450.59-0.39
0.510.560.20.520.10.570.210.740.510.360.420.460.460.64-0.19-0.27-0.190.230.430.460.510.360.440.260.07
0.740.780.20.76-0.030.790.10.780.740.320.60.70.790.78-0.29-0.56-0.29-0.340.860.570.610.450.440.420.03
0.230.340.410.480.10.34-0.30.510.230.360.340.460.620.520.04-0.620.04-0.620.540.390.450.590.260.42-0.62
0.220.12-0.19-0.03-0.010.120.5-0.10.22-0.240.16-0.20.010.05-0.030.43-0.030.61-0.070.00.07-0.390.070.03-0.62
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DTE Energy Account Relationship Matchups

DTE Energy balance sheet 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(148M)(137M)8M6.7B6.0B7.2B
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 Assets4.8B4.8B4.8B(2.0B)(2.3B)(2.2B)
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 Assets347M776M729M1.2B827M656.7M
Intangible Assets2.4B199M177M166M156M148.2M
Current Deferred Revenue172M379M210M171M2.4B199.5M
Long Term Debt15.9B19.0B14.5B16.9B19.4B16.6B
Long Term Debt Total15.9B19.0B14.5B16.9B19.4B16.6B
Property Plant Equipment3.9B4.3B805M28.8B33.1B34.7B

Currently Active Assets on Macroaxis

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 more detail on how to invest in DTE Stock please use our How to Invest in DTE Energy guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.