DTM Investments vs Net Borrowings Analysis
DTM Stock | USD 105.81 0.94 0.88% |
DT Midstream financial indicator trend analysis is much more than just examining DT Midstream latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DT Midstream is a good investment. Please check the relationship between DT Midstream Investments and its Net Borrowings accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DT Midstream. 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. To learn how to invest in DTM Stock, please use our How to Invest in DT Midstream guide.
Investments vs Net Borrowings
Investments vs Net Borrowings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DT Midstream Investments account and Net Borrowings. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between DT Midstream's Investments and Net Borrowings is 0.55. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Net Borrowings in the same time period over historical financial statements of DT Midstream, assuming nothing else is changed. The correlation between historical values of DT Midstream's Investments and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of DT Midstream are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Investments i.e., DT Midstream's Investments and Net Borrowings go up and down completely randomly.
Correlation Coefficient | 0.55 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.Net Borrowings
The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.Most indicators from DT Midstream's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DT Midstream 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 DT Midstream. 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. To learn how to invest in DTM Stock, please use our How to Invest in DT Midstream guide.At this time, DT Midstream's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 29th of November 2024, Enterprise Value Multiple is likely to grow to 12.44, while Tax Provision is likely to drop about 110.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 184M | 189M | 200M | 171.1M | Interest Income | 18M | 3M | 2M | 1.9M |
DT Midstream fundamental ratios Correlations
Click cells to compare fundamentals
DT Midstream Account Relationship Matchups
High Positive Relationship
High Negative Relationship
DT Midstream fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 35M | 33M | 105M | 120M | 110M | 81.4M | |
Total Current Liabilities | 3.4B | 3.3B | 177M | 614M | 434M | 412.3M | |
Other Liab | 632M | 798M | 911M | 987M | 1.1B | 840.6M | |
Net Tangible Assets | 903M | 1.5B | 3.9B | 4.0B | 4.6B | 2.5B | |
Retained Earnings | 501M | 751M | 431M | 547M | 661M | 596.2M | |
Accounts Payable | 49M | 39M | 22M | 119M | 94M | 67.3M | |
Other Assets | 26M | 40M | 34M | 32M | 36.8M | 33.2M | |
Net Receivables | 227M | 400M | 178M | 161M | 169M | 186.9M | |
Other Current Assets | 27M | 41M | 50M | 40M | 47M | 41.3M | |
Other Stockholder Equity | 3.1B | 3.3B | 3.5B | 3.5B | 3.5B | 3.1B | |
Total Current Assets | 300M | 483M | 360M | 262M | 272M | 265.3M | |
Property Plant Equipment | 3.1B | 3.5B | 3.5B | 3.8B | 4.4B | 3.5B |
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Try AI Portfolio ArchitectCheck out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DT Midstream. 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. To learn how to invest in DTM Stock, please use our How to Invest in DT Midstream guide.You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Oil & Gas Storage & Transportation 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 DT Midstream. If investors know DTM 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 DT Midstream 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 (0.04) | Dividend Share 2.895 | Earnings Share 4.11 | Revenue Per Share 10.057 | Quarterly Revenue Growth 0.06 |
The market value of DT Midstream is measured differently than its book value, which is the value of DTM that is recorded on the company's balance sheet. Investors also form their own opinion of DT Midstream's value that differs from its market value or its book value, called intrinsic value, which is DT Midstream'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 DT Midstream's market value can be influenced by many factors that don't directly affect DT Midstream'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 DT Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if DT Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DT Midstream'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.