DTE Intangible Assets vs Other Current Liab Analysis

DTB Stock  USD 18.81  0.11  0.59%   
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 Other Current Liab 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 information on how to trade DTE Stock refer to our How to Trade DTE Stock guide.

Intangible Assets vs Other Current Liab

Intangible Assets vs Other Current Liab 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 Other Current Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between DTE Energy's Intangible Assets and Other Current Liab is -0.22. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Other Current Liab 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 Intangible Assets and Other Current Liab 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 are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Intangible Assets i.e., DTE Energy's Intangible Assets and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.22
Relationship DirectionNegative 
Relationship StrengthInsignificant

Intangible Assets

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

Other Current Liab

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 information on how to trade DTE Stock refer to our How to Trade DTE Stock guide.The current year's Tax Provision is expected to grow to about (111.2 M). In addition to that, Discontinued Operations is expected to decline to about 93.6 M
 2022 2023 2024 2025 (projected)
Interest Expense717M853M951M616.2M
Depreciation And Amortization1.5B1.1B1.7B1.1B

DTE Energy fundamental ratios Correlations

0.560.360.630.020.560.540.731.00.160.750.430.770.80.08-0.390.08-0.20.870.710.790.670.560.730.320.13
0.560.290.68-0.021.00.480.590.56-0.070.640.370.580.490.29-0.120.290.360.460.460.480.10.280.250.150.26
0.360.290.39-0.690.290.280.490.35-0.470.720.30.550.35-0.07-0.03-0.07-0.290.480.850.420.280.240.290.45-0.22
0.630.680.39-0.010.690.040.860.630.280.670.910.760.75-0.27-0.5-0.27-0.070.730.540.580.360.530.630.48-0.04
0.02-0.02-0.69-0.01-0.03-0.19-0.080.020.79-0.250.080.040.260.33-0.520.330.060.05-0.530.230.270.130.070.14-0.03
0.561.00.290.69-0.030.470.60.56-0.070.640.380.580.490.28-0.120.280.360.460.460.480.090.280.250.150.26
0.540.480.280.04-0.190.470.180.54-0.460.57-0.220.270.230.50.40.50.370.270.510.430.210.220.11-0.260.48
0.730.590.490.86-0.080.60.180.730.280.770.730.820.82-0.23-0.45-0.23-0.10.780.740.690.460.760.750.56-0.14
1.00.560.350.630.020.560.540.730.160.750.430.780.810.09-0.390.09-0.20.870.710.790.680.560.730.320.13
0.16-0.07-0.470.280.79-0.07-0.460.280.16-0.120.430.270.47-0.17-0.74-0.17-0.190.31-0.270.310.420.410.410.38-0.24
0.750.640.720.67-0.250.640.570.770.75-0.120.530.890.80.1-0.250.1-0.070.820.890.850.510.480.680.440.08
0.430.370.30.910.080.38-0.220.730.430.430.530.690.72-0.41-0.62-0.41-0.250.680.380.530.40.430.670.53-0.18
0.770.580.550.760.040.580.270.820.780.270.890.690.93-0.01-0.58-0.01-0.280.940.760.90.670.530.830.69-0.06
0.80.490.350.750.260.490.230.820.810.470.80.720.930.01-0.680.01-0.230.920.620.950.710.660.840.6-0.03
0.080.29-0.07-0.270.330.280.5-0.230.09-0.170.1-0.41-0.010.01-0.031.00.12-0.02-0.060.260.17-0.22-0.31-0.01-0.01
-0.39-0.12-0.03-0.5-0.52-0.120.4-0.45-0.39-0.74-0.25-0.62-0.58-0.68-0.03-0.030.61-0.65-0.11-0.58-0.67-0.27-0.55-0.750.5
0.080.29-0.07-0.270.330.280.5-0.230.09-0.170.1-0.41-0.010.011.0-0.030.12-0.02-0.060.260.17-0.22-0.31-0.01-0.01
-0.20.36-0.29-0.070.060.360.37-0.1-0.2-0.19-0.07-0.25-0.28-0.230.120.610.12-0.44-0.24-0.21-0.590.1-0.39-0.640.62
0.870.460.480.730.050.460.270.780.870.310.820.680.940.92-0.02-0.65-0.02-0.440.740.90.810.50.880.62-0.13
0.710.460.850.54-0.530.460.510.740.71-0.270.890.380.760.62-0.06-0.11-0.06-0.240.740.660.490.50.620.46-0.05
0.790.480.420.580.230.480.430.690.790.310.850.530.90.950.26-0.580.26-0.210.90.660.780.570.740.55-0.03
0.670.10.280.360.270.090.210.460.680.420.510.40.670.710.17-0.670.17-0.590.810.490.780.420.650.6-0.39
0.560.280.240.530.130.280.220.760.560.410.480.430.530.66-0.22-0.27-0.220.10.50.50.570.420.50.340.02
0.730.250.290.630.070.250.110.750.730.410.680.670.830.84-0.31-0.55-0.31-0.390.880.620.740.650.50.54-0.08
0.320.150.450.480.140.15-0.260.560.320.380.440.530.690.6-0.01-0.75-0.01-0.640.620.460.550.60.340.54-0.63
0.130.26-0.22-0.04-0.030.260.48-0.140.13-0.240.08-0.18-0.06-0.03-0.010.5-0.010.62-0.13-0.05-0.03-0.390.02-0.08-0.63
Click cells to compare fundamentals

DTE Energy Account Relationship Matchups

DTE Energy fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets45.5B39.7B42.7B44.8B51.5B54.0B
Short Long Term Debt Total19.6B18.3B19.2B21.0B2.6B2.4B
Other Current Liab1.2B1.3B1.3B1.1B1.2B908.5M
Total Current Liabilities2.7B6.3B5.2B5.9B4.0B3.2B
Total Stockholder Equity12.4B8.7B10.4B11.1B11.7B10.8B
Net Debt19.1B18.2B19.2B20.9B2.6B2.4B
Retained Earnings7.2B3.4B3.8B4.4B4.9B4.3B
Accounts Payable1B1.4B1.6B1.4B1.4B1.1B
Non Current Assets Total42.0B36.4B38.5B41.2B47.4B49.8B
Liabilities And Stockholders Equity45.5B39.7B42.7B44.8B48.8B51.3B
Other Stockholder Equity(123M)(3.8B)8M6.7B6.0B6.5B
Total Liab32.9B31.0B32.3B33.7B37.1B19.2B
Accumulated Other Comprehensive Income(137M)(112M)(62M)(67M)(26M)(24.7M)
Short Term Debt523M3.6B2.3B3.4B2.6B1.6B
Common Stock5.4B5.4B6.7B6.7B6.8B4.6B
Property Plant And Equipment Net24.6B27.0B28.9B28.3B32.5B24.3B
Cash474M35M43M26M29.9M28.4M
Other Assets4.8B4.4B160K(2.0B)(1.8B)(1.7B)
Cash And Short Term Investments474M35M43M26M29.9M28.4M
Common Stock Shares Outstanding193M194M196M206M207M197.0M
Total Current Assets3.5B3.3B4.2B3.5B4.1B3.2B
Non Current Liabilities Total30.2B24.7B27.1B27.8B33.2B23.9B
Non Currrent Assets Other9.8B2.2B4.9B10.4B12.0B12.6B
Inventory708M858M942M1.1B1.2B891.8M
Other Current Assets774M729M1.2B827M951.1M656.5M
Intangible Assets199M177M166M156M140.4M133.4M
Current Deferred Revenue379M210M171M2.4B241.5M229.4M
Long Term Debt15.9B19.0B14.5B16.9B19.4B15.2B
Long Term Debt Total15.9B19.0B14.5B16.9B19.4B15.2B
Property Plant Equipment3.9B4.3B26.9B28.8B33.1B34.7B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 information on how to trade DTE Stock refer to our How to Trade DTE Stock guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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.