DTE Accumulated Depreciation vs Deferred Long Term Liab Analysis

DTE Stock  USD 129.04  1.23  0.96%   
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 Accumulated Depreciation and its Deferred Long Term 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.

Accumulated Depreciation vs Deferred Long Term Liab

Accumulated Depreciation vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DTE Energy Accumulated Depreciation account and Deferred Long Term Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between DTE Energy's Accumulated Depreciation and Deferred Long Term Liab is -0.18. Overlapping area represents the amount of variation of Accumulated Depreciation that can explain the historical movement of Deferred Long Term 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 Accumulated Depreciation and Deferred Long Term 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 Accumulated Depreciation of DTE Energy are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Accumulated Depreciation i.e., DTE Energy's Accumulated Depreciation and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

-0.18
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
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 Sales General And Administrative To Revenue is expected to grow to 0, whereas Selling General Administrative is forecasted to decline to about 7.7 M.
 2022 2023 2024 2025 (projected)
Gross Profit3.7B4.3B4.3B4.1B
Total Revenue19.2B12.7B12.5B8.5B

DTE Energy fundamental ratios Correlations

0.950.490.610.830.860.940.390.50.470.870.080.940.470.080.790.760.930.880.690.380.960.820.850.720.96
0.950.590.540.760.950.980.430.590.630.850.261.00.340.260.780.680.990.80.650.40.990.750.830.630.94
0.490.590.320.50.590.620.561.00.440.550.350.59-0.30.350.50.180.550.220.490.170.580.260.490.410.54
0.610.540.320.650.350.630.370.32-0.10.530.160.540.460.160.380.680.540.340.740.610.590.770.480.610.67
0.830.760.50.650.580.790.410.510.130.86-0.260.750.47-0.260.740.640.710.740.610.190.80.790.710.970.83
0.860.950.590.350.580.90.390.590.820.750.380.950.180.380.750.610.930.70.510.320.910.580.770.410.83
0.940.980.620.630.790.90.470.620.520.850.220.980.340.220.730.720.970.760.660.440.980.780.760.680.96
0.390.430.560.370.410.390.470.570.110.57-0.020.41-0.02-0.020.590.260.410.30.660.250.440.360.610.280.53
0.50.591.00.320.510.590.620.570.440.560.330.59-0.30.330.510.180.550.230.480.160.580.270.490.420.54
0.470.630.44-0.10.130.820.520.110.440.410.550.63-0.170.550.540.250.610.330.120.00.550.130.49-0.060.37
0.870.850.550.530.860.750.850.570.560.41-0.110.830.34-0.110.940.630.810.80.660.130.860.720.880.720.85
0.080.260.350.16-0.260.380.22-0.020.330.55-0.110.26-0.321.0-0.09-0.020.3-0.20.240.450.21-0.060.1-0.350.06
0.941.00.590.540.750.950.980.410.590.630.830.260.340.260.760.690.990.790.630.410.990.740.80.630.93
0.470.34-0.30.460.470.180.34-0.02-0.3-0.170.34-0.320.34-0.320.250.680.340.540.40.510.390.760.340.50.46
0.080.260.350.16-0.260.380.22-0.020.330.55-0.111.00.26-0.32-0.09-0.020.3-0.20.240.450.21-0.060.1-0.350.06
0.790.780.50.380.740.750.730.590.510.540.94-0.090.760.25-0.090.570.720.710.57-0.010.770.620.910.550.74
0.760.680.180.680.640.610.720.260.180.250.63-0.020.690.68-0.020.570.650.570.510.40.70.90.540.550.75
0.930.990.550.540.710.930.970.410.550.610.810.30.990.340.30.720.650.80.650.450.990.720.80.580.93
0.880.80.220.340.740.70.760.30.230.330.8-0.20.790.54-0.20.710.570.80.550.230.820.660.80.670.84
0.690.650.490.740.610.510.660.660.480.120.660.240.630.40.240.570.510.650.550.650.680.710.810.520.73
0.380.40.170.610.190.320.440.250.160.00.130.450.410.510.45-0.010.40.450.230.650.430.520.270.190.49
0.960.990.580.590.80.910.980.440.580.550.860.210.990.390.210.770.70.990.820.680.430.780.830.680.95
0.820.750.260.770.790.580.780.360.270.130.72-0.060.740.76-0.060.620.90.720.660.710.520.780.670.720.82
0.850.830.490.480.710.770.760.610.490.490.880.10.80.340.10.910.540.80.80.810.270.830.670.540.81
0.720.630.410.610.970.410.680.280.42-0.060.72-0.350.630.5-0.350.550.550.580.670.520.190.680.720.540.74
0.960.940.540.670.830.830.960.530.540.370.850.060.930.460.060.740.750.930.840.730.490.950.820.810.74
Click cells to compare fundamentals

DTE Energy Account Relationship Matchups

DTE Energy fundamental ratios Accounts

202020212022202320242025 (projected)
Common Stock Shares Outstanding193M194M196M206M207M181.3M
Total Assets45.5B39.7B42.7B44.8B48.8B29.2B
Short Long Term Debt Total19.7B18.3B19.2B21.0B2.6B2.4B
Other Current Liab1.2B1.3B1.3B1.1B1.1B1.0B
Total Current Liabilities2.7B6.3B5.2B5.9B5.1B3.5B
Total Stockholder Equity12.4B8.7B10.4B11.1B11.7B7.8B
Property Plant And Equipment Net28.1B27.0B28.9B28.3B31.1B17.2B
Current Deferred Revenue368M311M2.4B380M20M19M
Net Debt19.1B18.2B19.2B20.9B2.6B2.4B
Retained Earnings7.2B3.4B3.8B4.4B4.9B3.9B
Accounts Payable1B1.4B1.6B1.4B1.4B951.1M
Cash514M28M33M26M24M22.8M
Non Current Assets Total42.0B36.4B38.5B41.2B45.2B26.1B
Non Currrent Assets Other144M2.3B4.8B7.8B11.7B12.3B
Cash And Short Term Investments514M28M33M26M24M22.8M
Net Receivables1.5B1.8B2.2B1.8B1.8B1.6B
Common Stock Total Equity5.2B5.4B5.4B6.7B7.6B8.0B
Liabilities And Stockholders Equity45.5B39.7B42.7B44.8B48.8B29.2B
Non Current Liabilities Total30.2B24.7B27.1B27.8B33.2B16.7B
Inventory716M858M942M1.1B1.2B722.9M
Other Current Assets774M601M1.0B672M511M546.6M
Other Stockholder Equity164M10.1B8M7.4B6.7B4.9B
Total Liab32.9B31.0B32.3B33.7B37.1B21.3B
Property Plant And Equipment Gross28.1B37.1B39.3B37.4B41.0B43.1B
Total Current Assets3.5B3.3B4.2B3.5B3.6B3.1B
Accumulated Other Comprehensive Income(137M)(112M)(62M)(67M)(26M)(27.3M)
Short Term Debt523M3.6B2.3B3.4B2.6B1.4B
Common Stock5.4B5.4B6.7B6.7B6.8B4.1B
Other Liab10.0B11.1B10.1B10.2B11.7B6.7B
Other Assets6.3B7.0B6.8B4.9B5.6B5.4B
Long Term Debt19.0B14.5B16.9B17.4B20.7B11.3B
Property Plant Equipment25.3B28.0B26.9B28.8B33.1B17.7B
Intangible Assets2.3B177M166M156M144M136.8M
Retained Earnings Total Equity6.6B7.2B3.4B3.8B4.4B4.6B
Deferred Long Term Liab4.2B4.1B3.5B4.1B4.8B5.0B
Net Tangible Assets11.7B12.4B8.7B10.4B9.4B11.4B

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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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Multi-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.
Quarterly Earnings Growth
(0.30)
Dividend Share
4.15
Earnings Share
6.77
Revenue Per Share
60.179
Quarterly Revenue Growth
0.012
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.