DTE Net Receivables vs Accumulated Depreciation 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 Net Receivables and its Accumulated Depreciation 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.

Net Receivables vs Accumulated Depreciation

Net Receivables vs Accumulated Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DTE Energy Net Receivables account and Accumulated Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between DTE Energy's Net Receivables and Accumulated Depreciation is -0.1. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Accumulated Depreciation 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 Net Receivables and Accumulated Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of DTE Energy are associated (or correlated) with its Accumulated Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accumulated Depreciation has no effect on the direction of Net Receivables i.e., DTE Energy's Net Receivables and Accumulated Depreciation go up and down completely randomly.

Correlation Coefficient

-0.1

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Receivables

Accumulated Depreciation

Accumulated depreciation is the total amount of depreciation for DTE Energy fixed asset that has been charged to DTE Energy expense since that asset was acquired and made available for DTE Energy use. The accumulated depreciation account is DTE Energy asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by DTE Energy.

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 Expense	717M	853M	951M	616.2M
Depreciation And Amortization	1.5B	1.1B	1.7B	1.1B

Interest Expense Depreciation And Amortization

DTE Energy fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Other Stockholder Equity	Total Liab	Short Term Debt	Common Stock	Property Plant And Equipment Net	Cash	Other Assets	Cash And Short Term Investments	Good Will	Common Stock Shares Outstanding	Total Current Assets	Non Current Liabilities Total	Non Currrent Assets Other	Net Receivables	Inventory	Other Current Assets	Intangible Assets
Total Assets		0.56	0.36	0.63	0.02	0.56	0.54	0.73	1.0	0.16	0.75	0.43	0.77	0.8	0.08	-0.39	0.08	-0.2	0.87	0.71	0.79	0.67	0.56	0.73	0.32	0.13
Short Long Term Debt Total	0.56		0.29	0.68	-0.02	1.0	0.48	0.59	0.56	-0.07	0.64	0.37	0.58	0.49	0.29	-0.12	0.29	0.36	0.46	0.46	0.48	0.1	0.28	0.25	0.15	0.26
Other Current Liab	0.36	0.29		0.39	-0.69	0.29	0.28	0.49	0.35	-0.47	0.72	0.3	0.55	0.35	-0.07	-0.03	-0.07	-0.29	0.48	0.85	0.42	0.28	0.24	0.29	0.45	-0.22
Total Current Liabilities	0.63	0.68	0.39		-0.01	0.69	0.04	0.86	0.63	0.28	0.67	0.91	0.76	0.75	-0.27	-0.5	-0.27	-0.07	0.73	0.54	0.58	0.36	0.53	0.63	0.48	-0.04
Total Stockholder Equity	0.02	-0.02	-0.69	-0.01		-0.03	-0.19	-0.08	0.02	0.79	-0.25	0.08	0.04	0.26	0.33	-0.52	0.33	0.06	0.05	-0.53	0.23	0.27	0.13	0.07	0.14	-0.03
Net Debt	0.56	1.0	0.29	0.69	-0.03		0.47	0.6	0.56	-0.07	0.64	0.38	0.58	0.49	0.28	-0.12	0.28	0.36	0.46	0.46	0.48	0.09	0.28	0.25	0.15	0.26
Retained Earnings	0.54	0.48	0.28	0.04	-0.19	0.47		0.18	0.54	-0.46	0.57	-0.22	0.27	0.23	0.5	0.4	0.5	0.37	0.27	0.51	0.43	0.21	0.22	0.11	-0.26	0.48
Accounts Payable	0.73	0.59	0.49	0.86	-0.08	0.6	0.18		0.73	0.28	0.77	0.73	0.82	0.82	-0.23	-0.45	-0.23	-0.1	0.78	0.74	0.69	0.46	0.76	0.75	0.56	-0.14
Non Current Assets Total	1.0	0.56	0.35	0.63	0.02	0.56	0.54	0.73		0.16	0.75	0.43	0.78	0.81	0.09	-0.39	0.09	-0.2	0.87	0.71	0.79	0.68	0.56	0.73	0.32	0.13
Other Stockholder Equity	0.16	-0.07	-0.47	0.28	0.79	-0.07	-0.46	0.28	0.16		-0.12	0.43	0.27	0.47	-0.17	-0.74	-0.17	-0.19	0.31	-0.27	0.31	0.42	0.41	0.41	0.38	-0.24
Total Liab	0.75	0.64	0.72	0.67	-0.25	0.64	0.57	0.77	0.75	-0.12		0.53	0.89	0.8	0.1	-0.25	0.1	-0.07	0.82	0.89	0.85	0.51	0.48	0.68	0.44	0.08
Short Term Debt	0.43	0.37	0.3	0.91	0.08	0.38	-0.22	0.73	0.43	0.43	0.53		0.69	0.72	-0.41	-0.62	-0.41	-0.25	0.68	0.38	0.53	0.4	0.43	0.67	0.53	-0.18
Common Stock	0.77	0.58	0.55	0.76	0.04	0.58	0.27	0.82	0.78	0.27	0.89	0.69		0.93	-0.01	-0.58	-0.01	-0.28	0.94	0.76	0.9	0.67	0.53	0.83	0.69	-0.06
Property Plant And Equipment Net	0.8	0.49	0.35	0.75	0.26	0.49	0.23	0.82	0.81	0.47	0.8	0.72	0.93		0.01	-0.68	0.01	-0.23	0.92	0.62	0.95	0.71	0.66	0.84	0.6	-0.03
Cash	0.08	0.29	-0.07	-0.27	0.33	0.28	0.5	-0.23	0.09	-0.17	0.1	-0.41	-0.01	0.01		-0.03	1.0	0.12	-0.02	-0.06	0.26	0.17	-0.22	-0.31	-0.01	-0.01
Other Assets	-0.39	-0.12	-0.03	-0.5	-0.52	-0.12	0.4	-0.45	-0.39	-0.74	-0.25	-0.62	-0.58	-0.68	-0.03		-0.03	0.61	-0.65	-0.11	-0.58	-0.67	-0.27	-0.55	-0.75	0.5
Cash And Short Term Investments	0.08	0.29	-0.07	-0.27	0.33	0.28	0.5	-0.23	0.09	-0.17	0.1	-0.41	-0.01	0.01	1.0	-0.03		0.12	-0.02	-0.06	0.26	0.17	-0.22	-0.31	-0.01	-0.01
Good Will	-0.2	0.36	-0.29	-0.07	0.06	0.36	0.37	-0.1	-0.2	-0.19	-0.07	-0.25	-0.28	-0.23	0.12	0.61	0.12		-0.44	-0.24	-0.21	-0.59	0.1	-0.39	-0.64	0.62
Common Stock Shares Outstanding	0.87	0.46	0.48	0.73	0.05	0.46	0.27	0.78	0.87	0.31	0.82	0.68	0.94	0.92	-0.02	-0.65	-0.02	-0.44		0.74	0.9	0.81	0.5	0.88	0.62	-0.13
Total Current Assets	0.71	0.46	0.85	0.54	-0.53	0.46	0.51	0.74	0.71	-0.27	0.89	0.38	0.76	0.62	-0.06	-0.11	-0.06	-0.24	0.74		0.66	0.49	0.5	0.62	0.46	-0.05
Non Current Liabilities Total	0.79	0.48	0.42	0.58	0.23	0.48	0.43	0.69	0.79	0.31	0.85	0.53	0.9	0.95	0.26	-0.58	0.26	-0.21	0.9	0.66		0.78	0.57	0.74	0.55	-0.03
Non Currrent Assets Other	0.67	0.1	0.28	0.36	0.27	0.09	0.21	0.46	0.68	0.42	0.51	0.4	0.67	0.71	0.17	-0.67	0.17	-0.59	0.81	0.49	0.78		0.42	0.65	0.6	-0.39
Net Receivables	0.56	0.28	0.24	0.53	0.13	0.28	0.22	0.76	0.56	0.41	0.48	0.43	0.53	0.66	-0.22	-0.27	-0.22	0.1	0.5	0.5	0.57	0.42		0.5	0.34	0.02
Inventory	0.73	0.25	0.29	0.63	0.07	0.25	0.11	0.75	0.73	0.41	0.68	0.67	0.83	0.84	-0.31	-0.55	-0.31	-0.39	0.88	0.62	0.74	0.65	0.5		0.54	-0.08
Other Current Assets	0.32	0.15	0.45	0.48	0.14	0.15	-0.26	0.56	0.32	0.38	0.44	0.53	0.69	0.6	-0.01	-0.75	-0.01	-0.64	0.62	0.46	0.55	0.6	0.34	0.54		-0.63
Intangible Assets	0.13	0.26	-0.22	-0.04	-0.03	0.26	0.48	-0.14	0.13	-0.24	0.08	-0.18	-0.06	-0.03	-0.01	0.5	-0.01	0.62	-0.13	-0.05	-0.03	-0.39	0.02	-0.08	-0.63

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DTE Energy Account Relationship Matchups

DTE Energy fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	45.5B	39.7B	42.7B	44.8B	51.5B	54.0B
Short Long Term Debt Total	19.6B	18.3B	19.2B	21.0B	2.6B	2.4B
Other Current Liab	1.2B	1.3B	1.3B	1.1B	1.2B	908.5M
Total Current Liabilities	2.7B	6.3B	5.2B	5.9B	4.0B	3.2B
Total Stockholder Equity	12.4B	8.7B	10.4B	11.1B	11.7B	10.8B
Net Debt	19.1B	18.2B	19.2B	20.9B	2.6B	2.4B
Retained Earnings	7.2B	3.4B	3.8B	4.4B	4.9B	4.3B
Accounts Payable	1B	1.4B	1.6B	1.4B	1.4B	1.1B
Non Current Assets Total	42.0B	36.4B	38.5B	41.2B	47.4B	49.8B
Liabilities And Stockholders Equity	45.5B	39.7B	42.7B	44.8B	48.8B	51.3B
Other Stockholder Equity	(123M)	(3.8B)	8M	6.7B	6.0B	6.5B
Total Liab	32.9B	31.0B	32.3B	33.7B	37.1B	19.2B
Accumulated Other Comprehensive Income	(137M)	(112M)	(62M)	(67M)	(26M)	(24.7M)
Short Term Debt	523M	3.6B	2.3B	3.4B	2.6B	1.6B
Common Stock	5.4B	5.4B	6.7B	6.7B	6.8B	4.6B
Property Plant And Equipment Net	24.6B	27.0B	28.9B	28.3B	32.5B	24.3B
Cash	474M	35M	43M	26M	29.9M	28.4M
Other Assets	4.8B	4.4B	160K	(2.0B)	(1.8B)	(1.7B)
Cash And Short Term Investments	474M	35M	43M	26M	29.9M	28.4M
Common Stock Shares Outstanding	193M	194M	196M	206M	207M	197.0M
Total Current Assets	3.5B	3.3B	4.2B	3.5B	4.1B	3.2B
Non Current Liabilities Total	30.2B	24.7B	27.1B	27.8B	33.2B	23.9B
Non Currrent Assets Other	9.8B	2.2B	4.9B	10.4B	12.0B	12.6B
Inventory	708M	858M	942M	1.1B	1.2B	891.8M
Other Current Assets	774M	729M	1.2B	827M	951.1M	656.5M
Intangible Assets	199M	177M	166M	156M	140.4M	133.4M
Current Deferred Revenue	379M	210M	171M	2.4B	241.5M	229.4M
Long Term Debt	15.9B	19.0B	14.5B	16.9B	19.4B	15.2B
Long Term Debt Total	15.9B	19.0B	14.5B	16.9B	19.4B	15.2B
Property Plant Equipment	3.9B	4.3B	26.9B	28.8B	33.1B	34.7B

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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:

How To Invest In DTE

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Is DTE Stock a good investment?

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What is DTE Energy's Net Worth?

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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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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.

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DTE Net Receivables vs Accumulated Depreciation Analysis

Net Receivables vs Accumulated Depreciation

Net Receivables vs Accumulated Depreciation Correlation Analysis

Correlation Coefficient

Net Receivables

Accumulated Depreciation

DTE Energy fundamental ratios Correlations

DTE Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

DTE Energy fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 0.95	Property Plant And Equipment Net
Common Stock Shares Outstanding	+ 0.94	Common Stock
Property Plant And Equipment Net	+ 0.93	Common Stock

Other Current Assets	- 0.75	Other Assets
Other Assets	- 0.74	Other Stockholder Equity
Total Stockholder Equity	- 0.69	Other Current Liab
Other Assets	- 0.68	Property Plant And Equipment Net
Non Currrent Assets Other	- 0.67	Other Assets
Common Stock Shares Outstanding	- 0.65	Other Assets