DTE Intangible Assets vs Common Stock Analysis

DTW Stock  USD 23.18  0.15  0.65%   
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 Intangible Assets and its Common Stock accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DTE Energy Co. 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 information on how to buy DTE Stock please use our How to Invest in DTE Energy guide.

Intangible Assets vs Common Stock

Intangible Assets vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DTE Energy Intangible Assets account and Common Stock. At this time, the significance of the direction appears to have no relationship.
The correlation between DTE Energy's Intangible Assets and Common Stock is 0.01. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Common Stock in the same time period over historical financial statements of DTE Energy Co, assuming nothing else is changed. The correlation between historical values of DTE Energy's Intangible Assets and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of DTE Energy Co are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Intangible Assets i.e., DTE Energy's Intangible Assets and Common Stock go up and down completely randomly.

Correlation Coefficient

0.01
Relationship DirectionPositive 
Relationship StrengthInsignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Common Stock

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 Co. 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 information on how to buy DTE Stock please use our How to Invest in DTE Energy guide.Selling General Administrative is likely to drop to about 424.2 M in 2024. Tax Provision is likely to climb to about (111.2 M) in 2024
 2021 2022 2023 2024 (projected)
Interest Expense669M717M853M597.5M
Depreciation And Amortization1.4B1.5B1.7B1.1B

DTE Energy fundamental ratios Correlations

0.970.680.63-0.150.920.580.710.99-0.220.790.480.770.770.120.180.12-0.130.850.750.66-0.380.680.820.810.73
0.970.640.7-0.010.970.470.750.98-0.030.780.620.830.880.120.10.12-0.230.930.690.77-0.520.680.880.890.77
0.680.640.59-0.60.60.370.660.67-0.450.830.30.710.50.010.490.01-0.210.650.910.46-0.430.620.560.550.49
0.630.70.59-0.070.680.010.870.630.080.690.790.80.8-0.290.3-0.29-0.170.760.540.55-0.610.550.480.660.66
-0.15-0.01-0.6-0.070.06-0.2-0.13-0.10.79-0.330.07-0.030.250.34-0.850.340.08-0.02-0.620.26-0.15-0.070.130.180.03
0.920.970.60.680.060.460.760.960.00.750.610.820.90.110.020.11-0.190.930.640.86-0.490.720.890.90.8
0.580.470.370.01-0.20.460.180.59-0.590.59-0.250.270.250.50.10.50.410.280.510.450.240.260.470.480.37
0.710.750.660.87-0.130.760.180.720.060.740.630.80.82-0.210.31-0.21-0.050.760.70.64-0.380.780.590.710.87
0.990.980.670.63-0.10.960.590.72-0.190.790.490.780.80.130.140.13-0.120.870.720.73-0.380.70.850.840.76
-0.22-0.03-0.450.080.790.0-0.590.06-0.19-0.380.330.050.24-0.06-0.54-0.06-0.260.07-0.470.11-0.320.010.110.090.1
0.790.780.830.69-0.330.750.590.740.79-0.380.340.870.740.180.380.180.010.790.870.73-0.430.610.640.840.62
0.480.620.30.790.070.61-0.250.630.490.330.340.560.67-0.430.21-0.43-0.50.710.310.41-0.670.30.470.480.53
0.770.830.710.8-0.030.820.270.80.780.050.870.560.90.050.180.05-0.250.920.710.8-0.690.740.730.90.67
0.770.880.50.80.250.90.250.820.80.240.740.670.90.09-0.040.09-0.120.90.510.89-0.660.70.750.940.78
0.120.120.01-0.290.340.110.5-0.210.13-0.060.18-0.430.050.09-0.611.00.110.04-0.030.350.02-0.070.350.33-0.18
0.180.10.490.3-0.850.020.10.310.14-0.540.380.210.18-0.04-0.61-0.61-0.010.130.61-0.190.010.11-0.13-0.050.21
0.120.120.01-0.290.340.110.5-0.210.13-0.060.18-0.430.050.091.0-0.610.110.04-0.030.350.02-0.070.350.33-0.18
-0.13-0.23-0.21-0.170.08-0.190.41-0.05-0.12-0.260.01-0.5-0.25-0.120.11-0.010.11-0.43-0.18-0.030.52-0.04-0.37-0.110.14
0.850.930.650.76-0.020.930.280.760.870.070.790.710.920.90.040.130.04-0.430.690.8-0.680.640.860.90.66
0.750.690.910.54-0.620.640.510.70.72-0.470.870.310.710.51-0.030.61-0.03-0.180.690.48-0.280.640.590.60.6
0.660.770.460.550.260.860.450.640.730.110.730.410.80.890.35-0.190.35-0.030.80.48-0.50.620.790.930.67
-0.38-0.52-0.43-0.61-0.15-0.490.24-0.38-0.38-0.32-0.43-0.67-0.69-0.660.020.010.020.52-0.68-0.28-0.5-0.29-0.44-0.58-0.22
0.680.680.620.55-0.070.720.260.780.70.010.610.30.740.7-0.070.11-0.07-0.040.640.640.62-0.290.570.620.77
0.820.880.560.480.130.890.470.590.850.110.640.470.730.750.35-0.130.35-0.370.860.590.79-0.440.570.850.64
0.810.890.550.660.180.90.480.710.840.090.840.480.90.940.33-0.050.33-0.110.90.60.93-0.580.620.850.7
0.730.770.490.660.030.80.370.870.760.10.620.530.670.78-0.180.21-0.180.140.660.60.67-0.220.770.640.7
Click cells to compare fundamentals

DTE Energy Account Relationship Matchups

DTE Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets42.3B45.5B39.7B42.7B44.8B47.0B
Short Long Term Debt Total17.6B19.6B18.3B19.2B21.0B22.0B
Other Current Liab994M1.2B1.3B1.3B1.1B914.2M
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)8M6.7B6.0B5.6B
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 Net25.5B24.6B27.0B28.9B28.3B23.7B
Cash93M474M35M43M26M24.7M
Other Assets4.8B4.4B160K4.3B5.0B3.6B
Cash And Short Term Investments93M474M35M43M26M24.7M
Common Stock Shares Outstanding185M193M194M196M206M195.6M
Total Current Assets3.1B3.5B3.3B4.2B3.5B3.2B
Non Current Liabilities Total26.4B30.2B24.7B27.1B27.8B22.3B
Net Tangible Assets11.7B12.4B8.7B10.4B9.4B11.6B
Current Deferred Revenue172M379M210M171M2.4B320.8M
Non Currrent Assets Other2.5B9.8B2.2B4.9B7.9B8.3B
Long Term Debt15.9B19.0B14.5B16.9B19.4B13.3B
Common Stock Total Equity5.2B5.4M5.4B6.7B7.6B4.5B
Retained Earnings Total Equity6.6B7.2B3.4B3.8B4.4B5.5B
Long Term Debt Total15.9B19.0B14.5B16.9B19.4B13.3B
Inventory759M708M858M942M1.1B887.2M
Other Current Assets347M774M729M1.2B802M667.6M
Property Plant And Equipment Gross35.1B411M37.1B39.3B45.2B28.1B
Non Current Liabilities Other10.1B11.2B10.1B10.2B11.8B9.1B
Intangible Assets2.4B199M177M166M156M148.2M
Property Plant Equipment25.3B28.0B26.9B28.8B33.1B23.6B

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