DTE Accounts Payable vs Good Will Analysis

DTW Stock  USD 22.85  0.16  0.71%   
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 Accounts Payable and its Good Will 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.

Accounts Payable vs Good Will

Accounts Payable vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DTE Energy Accounts Payable account and Good Will. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between DTE Energy's Accounts Payable and Good Will is -0.1. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Good Will 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 Accounts Payable and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of DTE Energy Co are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Accounts Payable i.e., DTE Energy's Accounts Payable and Good Will go up and down completely randomly.

Correlation Coefficient

-0.1
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents DTE Energy obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of DTE Energy are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
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 2025. Tax Provision is likely to climb to about (111.2 M) in 2025
 2022 2023 2024 2025 (projected)
Interest Expense717M853M951M616.2M
Depreciation And Amortization1.5B1.7B1.7B1.1B

DTE Energy fundamental ratios Correlations

0.490.670.6-0.090.490.540.720.99-0.080.780.430.770.770.040.20.04-0.240.870.750.7-0.450.640.840.820.76
0.490.510.65-0.090.970.470.560.49-0.250.640.360.550.460.270.030.270.370.420.460.43-0.190.570.230.560.37
0.670.510.59-0.540.50.380.680.66-0.360.840.40.720.54-0.030.5-0.03-0.260.660.910.51-0.470.610.520.60.54
0.60.650.59-0.050.650.020.850.60.120.670.920.750.73-0.310.27-0.31-0.080.710.540.53-0.580.550.460.610.64
-0.09-0.09-0.54-0.05-0.03-0.19-0.08-0.040.79-0.250.080.040.280.32-0.820.320.060.05-0.550.3-0.19-0.070.180.220.08
0.490.970.50.65-0.030.470.60.52-0.20.640.380.580.520.26-0.040.260.360.460.440.54-0.20.630.30.60.44
0.540.470.380.02-0.190.470.180.55-0.560.57-0.220.270.240.490.120.490.370.270.50.420.20.260.360.50.36
0.720.560.680.85-0.080.60.180.730.130.770.730.820.82-0.240.31-0.24-0.10.780.730.68-0.430.760.60.740.88
0.990.490.660.6-0.040.520.550.73-0.060.780.440.790.80.050.150.05-0.230.880.730.76-0.450.660.860.850.78
-0.08-0.25-0.360.120.79-0.2-0.560.13-0.06-0.230.320.170.32-0.1-0.5-0.1-0.280.19-0.360.22-0.370.020.260.160.19
0.780.640.840.67-0.250.640.570.770.78-0.230.530.890.790.10.390.1-0.070.820.880.78-0.510.590.640.870.69
0.430.360.40.920.080.38-0.220.730.440.320.530.680.71-0.420.24-0.42-0.250.680.370.49-0.670.310.420.510.53
0.770.550.720.750.040.580.270.820.790.170.890.680.93-0.030.19-0.03-0.280.940.750.84-0.720.680.760.90.74
0.770.460.540.730.280.520.240.820.80.320.790.710.930.00.020.0-0.210.920.580.92-0.70.620.770.940.82
0.040.27-0.03-0.310.320.260.49-0.240.05-0.10.1-0.42-0.030.0-0.621.00.12-0.03-0.070.230.06-0.070.140.27-0.22
0.20.030.50.27-0.82-0.040.120.310.15-0.50.390.240.190.02-0.62-0.62-0.010.150.62-0.11-0.010.11-0.05-0.030.25
0.040.27-0.03-0.310.320.260.49-0.240.05-0.10.1-0.42-0.030.01.0-0.620.12-0.03-0.070.230.06-0.070.140.27-0.22
-0.240.37-0.26-0.080.060.360.37-0.1-0.23-0.28-0.07-0.25-0.28-0.210.12-0.010.12-0.44-0.24-0.140.52-0.05-0.49-0.130.02
0.870.420.660.710.050.460.270.780.880.190.820.680.940.92-0.030.15-0.03-0.440.720.85-0.710.590.90.890.73
0.750.460.910.54-0.550.440.50.730.73-0.360.880.370.750.58-0.070.62-0.07-0.240.720.55-0.360.620.60.660.65
0.70.430.510.530.30.540.420.680.760.220.780.490.840.920.23-0.110.23-0.140.850.55-0.580.570.790.950.73
-0.45-0.19-0.47-0.58-0.19-0.20.2-0.43-0.45-0.37-0.51-0.67-0.72-0.70.06-0.010.060.52-0.71-0.36-0.58-0.3-0.53-0.61-0.33
0.640.570.610.55-0.070.630.260.760.660.020.590.310.680.62-0.070.11-0.07-0.050.590.620.57-0.30.470.610.72
0.840.230.520.460.180.30.360.60.860.260.640.420.760.770.14-0.050.14-0.490.90.60.79-0.530.470.820.68
0.820.560.60.610.220.60.50.740.850.160.870.510.90.940.27-0.030.27-0.130.890.660.95-0.610.610.820.76
0.760.370.540.640.080.440.360.880.780.190.690.530.740.82-0.220.25-0.220.020.730.650.73-0.330.720.680.76
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 Liab1.2B1.3B1.3B1.1B1.2B912.8M
Total Current Liabilities2.7B6.3B5.2B5.9B4.0B3.3B
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(148M)(137M)8M6.7B6.0B5.6B
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 Net24.6B27.0B28.9B28.3B32.5B23.7B
Cash474M35M43M26M29.9M28.4M
Other Assets4.8B4.4B160K4.3B5.0B3.6B
Cash And Short Term Investments474M35M43M26M29.9M28.4M
Common Stock Shares Outstanding193M194M196M206M207M197.0M
Total Current Assets3.5B3.3B4.2B3.5B4.1B3.2B
Non Current Liabilities Total30.2B24.7B27.1B27.8B33.2B23.2B
Net Tangible Assets11.7B12.4B8.7B10.4B9.4B11.6B
Current Deferred Revenue379M210M171M2.4B241.5M320.8M
Non Currrent Assets Other9.8B2.2B4.9B10.4B12.0B12.6B
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
Inventory708M858M942M1.1B1.2B887.2M
Other Current Assets774M729M1.2B802M922.3M667.6M
Property Plant And Equipment Gross35.1B411M37.1B39.3B45.2B28.1B
Non Current Liabilities Other10.1B11.2B10.1B10.2B11.8B9.1B
Intangible Assets199M177M166M156M140.4M133.4M
Property Plant Equipment25.3B28.0B26.9B28.8B33.1B23.6B

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