DTE Energy Financials

DTE Stock  USD 126.08  0.63  0.50%   
Based on the key measurements obtained from DTE Energy's financial statements, DTE Energy may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, DTE Energy's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Common Stock Total Equity is expected to grow to about 8 B, whereas Total Assets are forecasted to decline to about 28.3 B. Key indicators impacting DTE Energy's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.10.1096
Significantly Down
Very volatile
Return On Assets0.03120.0312
Slightly Down
Very volatile
Return On Equity0.110.1264
Fairly Down
Slightly volatile
Debt Equity Ratio1.121.8852
Way Down
Slightly volatile
Operating Income1.4 B2.2 B
Way Down
Very volatile
Current Ratio1.050.6016
Way Up
Slightly volatile
Investors should never underestimate DTE Energy's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor DTE Energy's cash flow, debt, and profitability to make informed and accurate decisions about investing in DTE Energy.

Cash And Equivalents

36.05 Million

  
Understanding current and past DTE Energy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of DTE Energy's financial statements are interrelated, with each one affecting the others. For example, an increase in DTE Energy's assets may result in an increase in income on the income statement.
Please note, the presentation of DTE Energy's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, DTE Energy's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of DTE Energy's management manipulating its earnings.

DTE Energy Stock Summary

DTE Energy competes with Alliant Energy, Exelon, Evergy,, Pinnacle West, and MGE Energy. The companys Electric segment generates, purchases, distributes, and sells electricity to approximately 2.3 million residential, commercial, and industrial customers in southeastern Michigan. The company was founded in 1903 and is headquartered in Detroit, Michigan. Dte Energy operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. It employs 10400 people.
Specialization
Utilities, Utilities - Regulated Electric
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS2333311072
CUSIP233331107 233331115 250847100
LocationMichigan; U.S.A
Business AddressOne Energy Plaza,
SectorMulti-Utilities
IndustryUtilities
BenchmarkDow Jones Industrial
Websitewww.dteenergy.com
Phone313 235 4000
CurrencyUSD - US Dollar

DTE Energy Key Financial Ratios

DTE Energy Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets41.9B45.5B39.7B42.7B44.8B28.3B
Other Current Liab652M1.2B1.3B1.3B1.1B1.0B
Net Debt17.5B19.1B18.2B19.2B20.9B10.9B
Retained Earnings6.6B7.2B3.4B3.8B4.4B3.8B
Accounts Payable1.1B1B1.4B1.6B1.4B931.3M
Cash93M514M28M33M26M24.7M
Net Receivables1.9B1.5B1.8B2.2B1.8B1.6B
Inventory759M716M858M942M1.1B700.6M
Other Current Assets214M774M601M1.0B672M546.1M
Total Liab30.0B32.9B31.0B32.3B33.7B20.6B
Total Current Assets3.1B3.5B3.3B4.2B3.5B3.1B
Short Term Debt1.5B523M3.6B2.3B3.4B3.6B
Common Stock5.2B5.4B5.4B6.7B6.7B4.0B
Other Liab10.0B11.1B10.1B10.2B11.7B6.7B
Other Assets6.3B7.0B6.8B4.9B5.6B5.4B
Long Term Debt15.9B19.0B14.5B16.9B17.4B10.8B
Intangible Assets2.4B2.3B177M166M156M148.2M
Net Tangible Assets11.7B12.4B8.7B10.4B9.4B11.4B

DTE Energy Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense641M720M630M675M791M830.6M
Total Revenue12.7B12.2B15.0B19.2B12.7B8.4B
Gross Profit3.4B3.9B3.3B3.7B4.3B4.1B
Operating Income1.7B2.0B1.5B1.7B2.2B1.4B
Ebit1.7B1.7B1.3B1.8B2.4B1.4B
Ebitda3.1B3.0B2.7B3.3B4.0B2.7B
Net Income1.2B1.4B907M1.1B1.4B702.3M
Income Tax Expense152M167M(130M)29M169M177.5M
Cost Of Revenue9.3B8.3B11.6B15.6B8.4B5.8B
Income Before Tax1.3B1.5B656M1.1B1.6B956.7M
Minority Interest(22M)(2M)3M(10M)1M0.0
Tax Provision152M167M(130M)29M169M103.2M
Interest Income17M38M22M46M57M58.8M
Non Recurring15M35M33M(5M)(4.5M)(4.3M)
Net Interest Income(624M)(682M)(608M)(629M)(734M)(770.7M)

DTE Energy Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory59M45M(153M)(98M)(110M)(104.5M)
Change In Cash17M423M(481M)8M7.2M7.6M
Free Cash Flow(348M)(160M)(705M)(1.4B)(714M)(678.3M)
Other Non Cash Items26M(48M)(36M)133M(29M)(27.6M)
Dividends Paid692M760M791M685M752M491.3M
Capital Expenditures3.0B3.9B3.8B3.4B3.9B4.1B
Net Income1.2B1.4B903M1.1B1.4B786.3M
End Period Cash Flow93M516M35M43M51M48.5M
Depreciation1.3B1.4B1.5B1.5B1.6B1.2B
Change To Netincome354M392M316M33M38.0M36.1M
Investments(243M)(98M)(63M)(3.4B)(3.9B)(3.7B)
Net Borrowings3.2B2.0B1.3B988M1.1B1.2B
Change Receivables49M111M(146M)(352M)(316.8M)(301.0M)

DTE Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining DTE Energy's current stock value. Our valuation model uses many indicators to compare DTE Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across DTE Energy competition to find correlations between indicators driving DTE Energy's intrinsic value. More Info.
DTE Energy is one of the top stocks in return on equity category among its peers. It is rated # 3 in return on asset category among its peers reporting about  0.22  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for DTE Energy is roughly  4.61 . At present, DTE Energy's Return On Equity is projected to increase slightly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value DTE Energy by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

DTE Energy Systematic Risk

DTE Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. DTE Energy volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on DTE Energy correlated with the market. If Beta is less than 0 DTE Energy generally moves in the opposite direction as compared to the market. If DTE Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one DTE Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of DTE Energy is generally in the same direction as the market. If Beta > 1 DTE Energy moves generally in the same direction as, but more than the movement of the benchmark.

DTE Energy Thematic Clasifications

DTE Energy is part of Utilities investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Utilities industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
UtilitiesView
This theme covers USA Equities from Utilities industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in DTE Energy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various DTE Energy's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of DTE Energy growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.78

At present, DTE Energy's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

DTE Energy November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of DTE Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of DTE Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of DTE Energy based on widely used predictive technical indicators. In general, we focus on analyzing DTE Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build DTE Energy's daily price indicators and compare them against related drivers.

Complementary Tools for DTE Stock analysis

When running DTE Energy's price analysis, check to measure DTE Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DTE Energy is operating at the current time. Most of DTE Energy's value examination focuses on studying past and present price action to predict the probability of DTE Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DTE Energy's price. Additionally, you may evaluate how the addition of DTE Energy to your portfolios can decrease your overall portfolio volatility.
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