DTE Capex To Revenue vs Ebit Per Revenue Analysis
DTG Stock | USD 19.40 0.01 0.05% |
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 Capex To Revenue and its Ebit Per 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 more detail on how to invest in DTE Stock please use our How to Invest in DTE Energy guide.
Capex To Revenue vs Ebit Per Revenue
Capex To Revenue vs Ebit Per Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DTE Energy Capex To Revenue account and Ebit Per Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between DTE Energy's Capex To Revenue and Ebit Per Revenue is 0.48. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Ebit Per 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 Capex To Revenue and Ebit Per 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 Capex To Revenue of DTE Energy are associated (or correlated) with its Ebit Per Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit Per Revenue has no effect on the direction of Capex To Revenue i.e., DTE Energy's Capex To Revenue and Ebit Per Revenue go up and down completely randomly.
Correlation Coefficient | 0.48 |
Relationship Direction | Positive |
Relationship Strength | Weak |
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.Ebit Per 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 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 Enterprise Value Over EBITDA is most likely to slightly grow in the upcoming years. The DTE Energy's current Enterprise Value Multiple is estimated to increase to 7.84, while Tax Provision is forecasted to increase to (111.2 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 669M | 717M | 853M | 597.5M | Depreciation And Amortization | 1.4B | 1.5B | 1.1B | 1.1B |
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) | ||
Total Assets | 42.3B | 45.5B | 39.7B | 42.7B | 44.8B | 47.0B | |
Short Long Term Debt Total | 17.6B | 19.6B | 18.3B | 19.2B | 21.0B | 22.0B | |
Other Current Liab | 994M | 1.2B | 1.3B | 1.3B | 1.1B | 908.5M | |
Total Current Liabilities | 4.0B | 2.7B | 6.3B | 5.2B | 5.9B | 3.2B | |
Total Stockholder Equity | 11.7B | 12.4B | 8.7B | 10.4B | 11.1B | 10.8B | |
Net Debt | 17.5B | 19.1B | 18.2B | 19.2B | 20.9B | 22.0B | |
Retained Earnings | 6.6B | 7.2B | 3.4B | 3.8B | 4.4B | 4.3B | |
Accounts Payable | 1.1B | 1B | 1.4B | 1.6B | 1.4B | 1.1B | |
Non Current Assets Total | 39.2B | 42.0B | 36.4B | 38.5B | 41.2B | 43.3B | |
Liabilities And Stockholders Equity | 42.3B | 45.5B | 39.7B | 42.7B | 44.8B | 47.0B | |
Other Stockholder Equity | (148M) | (137M) | 8M | 6.7B | 6.0B | 7.2B | |
Total Liab | 30.4B | 32.9B | 31.0B | 32.3B | 33.7B | 18.2B | |
Accumulated Other Comprehensive Income | (148M) | (137M) | (112M) | (62M) | (67M) | (63.7M) | |
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 | 4.4B | |
Property Plant And Equipment Net | 25.5B | 24.6B | 27.0B | 28.9B | 28.3B | 24.3B | |
Cash | 93M | 474M | 35M | 43M | 26M | 24.7M | |
Other Assets | 4.8B | 4.8B | 4.8B | (2.0B) | (2.3B) | (2.2B) | |
Cash And Short Term Investments | 93M | 474M | 35M | 43M | 26M | 24.7M | |
Common Stock Shares Outstanding | 185M | 193M | 194M | 196M | 206M | 195.6M | |
Total Current Assets | 3.1B | 3.5B | 3.3B | 4.2B | 3.5B | 3.2B | |
Non Current Liabilities Total | 26.4B | 30.2B | 24.7B | 27.1B | 27.8B | 23.0B | |
Non Currrent Assets Other | 2.5B | 9.8B | 2.2B | 4.9B | 10.4B | 11.0B | |
Inventory | 759M | 708M | 858M | 942M | 1.1B | 891.8M | |
Other Current Assets | 347M | 776M | 729M | 1.2B | 827M | 656.7M | |
Intangible Assets | 2.4B | 199M | 177M | 166M | 156M | 148.2M | |
Current Deferred Revenue | 172M | 379M | 210M | 171M | 2.4B | 199.5M | |
Long Term Debt | 15.9B | 19.0B | 14.5B | 16.9B | 19.4B | 16.6B | |
Long Term Debt Total | 15.9B | 19.0B | 14.5B | 16.9B | 19.4B | 16.6B | |
Property Plant Equipment | 3.9B | 4.3B | 805M | 28.8B | 33.1B | 34.7B |
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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 more detail on how to invest in DTE Stock please use our How to Invest in DTE Energy guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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.