DTM Short Term Investments vs Good Will Analysis

DTM Stock  USD 105.73  2.83  2.61%   
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 Short Term Investments and its Good Will 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.

Short Term Investments vs Good Will

Short Term Investments vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DT Midstream Short Term Investments account and Good Will. At this time, the significance of the direction appears to have pay attention.
The correlation between DT Midstream's Short Term Investments and Good Will is -0.85. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Good Will 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 Short Term Investments and Good Will 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 Investments of DT Midstream are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Short Term Investments i.e., DT Midstream's Short Term Investments and Good Will go up and down completely randomly.

Correlation Coefficient

-0.85
Relationship DirectionNegative 
Relationship StrengthSignificant

Short Term Investments

Short Term Investments is an item under the current assets section of DT Midstream balance sheet. It contains any investments DT Midstream undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that DT Midstream can easily liquidate in the marketplace.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
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 26th 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 Amortization184M189M200M171.1M
Interest Income18M3M2M1.9M

DT Midstream fundamental ratios Correlations

-0.820.880.980.440.670.64-0.810.270.80.69-0.370.770.780.720.690.82-0.170.670.660.8-0.20.660.560.990.82
-0.82-0.52-0.75-0.02-0.42-0.240.77-0.39-0.48-0.240.52-0.35-0.58-0.5-0.47-0.60.45-0.44-0.64-0.62-0.01-0.64-0.52-0.79-0.63
0.88-0.520.930.80.630.91-0.550.290.950.91-0.050.980.870.810.870.93-0.110.770.520.86-0.030.520.680.930.93
0.98-0.750.930.550.630.73-0.710.20.870.74-0.230.840.780.710.730.87-0.190.650.630.8-0.090.630.630.990.89
0.44-0.020.80.550.460.93-0.030.350.790.850.310.870.780.770.860.770.110.780.120.730.070.120.590.530.75
0.67-0.420.630.630.460.39-0.560.230.390.46-0.540.580.70.70.540.690.240.74-0.090.76-0.58-0.090.520.620.61
0.64-0.240.910.730.930.39-0.220.320.950.950.30.950.80.780.90.81-0.010.750.470.750.110.470.550.730.82
-0.810.77-0.55-0.71-0.03-0.56-0.22-0.32-0.44-0.410.78-0.47-0.51-0.43-0.34-0.550.42-0.38-0.55-0.580.14-0.55-0.49-0.77-0.56
0.27-0.390.290.20.350.230.32-0.320.340.32-0.310.310.670.680.640.5-0.410.680.220.660.280.220.570.330.47
0.8-0.480.950.870.790.390.95-0.440.340.930.140.950.810.770.880.85-0.170.710.680.780.130.680.580.880.87
0.69-0.240.910.740.850.460.95-0.410.320.930.110.970.770.760.820.77-0.020.720.510.740.00.510.50.770.77
-0.370.52-0.05-0.230.31-0.540.30.78-0.310.140.110.02-0.22-0.150.04-0.210.33-0.160.02-0.310.250.02-0.35-0.29-0.17
0.77-0.350.980.840.870.580.95-0.470.310.950.970.020.850.80.870.89-0.070.770.460.830.00.460.650.840.89
0.78-0.580.870.780.780.70.8-0.510.670.810.77-0.220.850.970.960.95-0.150.960.350.99-0.020.350.790.830.92
0.72-0.50.810.710.770.70.78-0.430.680.770.76-0.150.80.970.950.870.030.990.320.96-0.160.320.630.760.82
0.69-0.470.870.730.860.540.9-0.340.640.880.820.040.870.960.950.92-0.130.930.40.930.110.40.730.770.9
0.82-0.60.930.870.770.690.81-0.550.50.850.77-0.210.890.950.870.92-0.260.850.360.960.080.360.880.870.99
-0.170.45-0.11-0.190.110.24-0.010.42-0.41-0.17-0.020.33-0.07-0.150.03-0.13-0.260.08-0.42-0.17-0.81-0.42-0.58-0.24-0.35
0.67-0.440.770.650.780.740.75-0.380.680.710.72-0.160.770.960.990.930.850.080.20.95-0.20.20.630.70.79
0.66-0.640.520.630.12-0.090.47-0.550.220.680.510.020.460.350.320.40.36-0.420.20.340.241.00.160.690.44
0.8-0.620.860.80.730.760.75-0.580.660.780.74-0.310.830.990.960.930.96-0.170.950.34-0.060.340.80.840.92
-0.2-0.01-0.03-0.090.07-0.580.110.140.280.130.00.250.0-0.02-0.160.110.08-0.81-0.20.24-0.060.240.39-0.080.18
0.66-0.640.520.630.12-0.090.47-0.550.220.680.510.020.460.350.320.40.36-0.420.21.00.340.240.160.690.44
0.56-0.520.680.630.590.520.55-0.490.570.580.5-0.350.650.790.630.730.88-0.580.630.160.80.390.160.630.88
0.99-0.790.930.990.530.620.73-0.770.330.880.77-0.290.840.830.760.770.87-0.240.70.690.84-0.080.690.630.89
0.82-0.630.930.890.750.610.82-0.560.470.870.77-0.170.890.920.820.90.99-0.350.790.440.920.180.440.880.89
Click cells to compare fundamentals

DT Midstream Account Relationship Matchups

DT Midstream fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab35M33M105M120M110M81.4M
Total Current Liabilities3.4B3.3B177M614M434M412.3M
Other Liab632M798M911M987M1.1B840.6M
Net Tangible Assets903M1.5B3.9B4.0B4.6B2.5B
Retained Earnings501M751M431M547M661M596.2M
Accounts Payable49M39M22M119M94M67.3M
Other Assets26M40M34M32M36.8M33.2M
Net Receivables227M400M178M161M169M186.9M
Other Current Assets27M41M50M40M47M41.3M
Other Stockholder Equity3.1B3.3B3.5B3.5B3.5B3.1B
Total Current Assets300M483M360M262M272M265.3M
Property Plant Equipment3.1B3.5B3.5B3.8B4.4B3.5B

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When determining whether DT Midstream is a strong investment it is important to analyze DT Midstream'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 DT Midstream's future performance. For an informed investment choice regarding DTM Stock, refer to the following important reports:
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.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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.