DTE Accumulated Depreciation vs Common Stock Analysis

DTW Stock

USD 22.89 0.17 0.75%

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 Common Stock 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.

Accumulated Depreciation vs Common Stock

Accumulated Depreciation vs Common Stock 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 Common Stock. At this time, the significance of the direction appears to have no relationship.

The correlation between DTE Energy's Accumulated Depreciation and Common Stock is 0.0. Overlapping area represents the amount of variation of Accumulated Depreciation that can explain the historical movement of Common Stock 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 Accumulated Depreciation and Common Stock 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 Co are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Accumulated Depreciation i.e., DTE Energy's Accumulated Depreciation and Common Stock go up and down completely randomly.

Correlation Coefficient

0.0

Relationship Direction	Flat
Relationship Strength	Insignificant

View All Relationships

Accumulated Depreciation

Accumulated depreciation is the total amount of depreciation for DTE Energy Co 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.

Common Stock

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 Expense	717M	853M	951M	616.2M
Depreciation And Amortization	1.5B	1.7B	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	Net Tangible Assets	Current Deferred Revenue	Non Currrent Assets Other	Long Term Debt	Net Receivables
Total Assets		0.49	0.67	0.6	-0.09	0.49	0.54	0.72	0.99	-0.08	0.78	0.43	0.77	0.77	0.04	0.2	0.04	-0.24	0.87	0.75	0.7	-0.45	0.64	0.84	0.82	0.76
Short Long Term Debt Total	0.49		0.51	0.65	-0.09	0.97	0.47	0.56	0.49	-0.25	0.64	0.36	0.55	0.46	0.27	0.03	0.27	0.37	0.42	0.46	0.43	-0.19	0.57	0.23	0.56	0.37
Other Current Liab	0.67	0.51		0.59	-0.54	0.5	0.38	0.68	0.66	-0.36	0.84	0.4	0.72	0.54	-0.03	0.5	-0.03	-0.26	0.66	0.91	0.51	-0.47	0.61	0.52	0.6	0.54
Total Current Liabilities	0.6	0.65	0.59		-0.05	0.65	0.02	0.85	0.6	0.12	0.67	0.92	0.75	0.73	-0.31	0.27	-0.31	-0.08	0.71	0.54	0.53	-0.58	0.55	0.46	0.61	0.64
Total Stockholder Equity	-0.09	-0.09	-0.54	-0.05		-0.03	-0.19	-0.08	-0.04	0.79	-0.25	0.08	0.04	0.28	0.32	-0.82	0.32	0.06	0.05	-0.55	0.3	-0.19	-0.07	0.18	0.22	0.08
Net Debt	0.49	0.97	0.5	0.65	-0.03		0.47	0.6	0.52	-0.2	0.64	0.38	0.58	0.52	0.26	-0.04	0.26	0.36	0.46	0.44	0.54	-0.2	0.63	0.3	0.6	0.44
Retained Earnings	0.54	0.47	0.38	0.02	-0.19	0.47		0.18	0.55	-0.56	0.57	-0.22	0.27	0.24	0.49	0.12	0.49	0.37	0.27	0.5	0.42	0.2	0.26	0.36	0.5	0.36
Accounts Payable	0.72	0.56	0.68	0.85	-0.08	0.6	0.18		0.73	0.13	0.77	0.73	0.82	0.82	-0.24	0.31	-0.24	-0.1	0.78	0.73	0.68	-0.43	0.76	0.6	0.74	0.88
Non Current Assets Total	0.99	0.49	0.66	0.6	-0.04	0.52	0.55	0.73		-0.06	0.78	0.44	0.79	0.8	0.05	0.15	0.05	-0.23	0.88	0.73	0.76	-0.45	0.66	0.86	0.85	0.78
Other Stockholder Equity	-0.08	-0.25	-0.36	0.12	0.79	-0.2	-0.56	0.13	-0.06		-0.23	0.32	0.17	0.32	-0.1	-0.5	-0.1	-0.28	0.19	-0.36	0.22	-0.37	0.02	0.26	0.16	0.19
Total Liab	0.78	0.64	0.84	0.67	-0.25	0.64	0.57	0.77	0.78	-0.23		0.53	0.89	0.79	0.1	0.39	0.1	-0.07	0.82	0.88	0.78	-0.51	0.59	0.64	0.87	0.69
Short Term Debt	0.43	0.36	0.4	0.92	0.08	0.38	-0.22	0.73	0.44	0.32	0.53		0.68	0.71	-0.42	0.24	-0.42	-0.25	0.68	0.37	0.49	-0.67	0.31	0.42	0.51	0.53
Common Stock	0.77	0.55	0.72	0.75	0.04	0.58	0.27	0.82	0.79	0.17	0.89	0.68		0.93	-0.03	0.19	-0.03	-0.28	0.94	0.75	0.84	-0.72	0.68	0.76	0.9	0.74
Property Plant And Equipment Net	0.77	0.46	0.54	0.73	0.28	0.52	0.24	0.82	0.8	0.32	0.79	0.71	0.93		0.0	0.02	0.0	-0.21	0.92	0.58	0.92	-0.7	0.62	0.77	0.94	0.82
Cash	0.04	0.27	-0.03	-0.31	0.32	0.26	0.49	-0.24	0.05	-0.1	0.1	-0.42	-0.03	0.0		-0.62	1.0	0.12	-0.03	-0.07	0.23	0.06	-0.07	0.14	0.27	-0.22
Other Assets	0.2	0.03	0.5	0.27	-0.82	-0.04	0.12	0.31	0.15	-0.5	0.39	0.24	0.19	0.02	-0.62		-0.62	-0.01	0.15	0.62	-0.11	-0.01	0.11	-0.05	-0.03	0.25
Cash And Short Term Investments	0.04	0.27	-0.03	-0.31	0.32	0.26	0.49	-0.24	0.05	-0.1	0.1	-0.42	-0.03	0.0	1.0	-0.62		0.12	-0.03	-0.07	0.23	0.06	-0.07	0.14	0.27	-0.22
Good Will	-0.24	0.37	-0.26	-0.08	0.06	0.36	0.37	-0.1	-0.23	-0.28	-0.07	-0.25	-0.28	-0.21	0.12	-0.01	0.12		-0.44	-0.24	-0.14	0.52	-0.05	-0.49	-0.13	0.02
Common Stock Shares Outstanding	0.87	0.42	0.66	0.71	0.05	0.46	0.27	0.78	0.88	0.19	0.82	0.68	0.94	0.92	-0.03	0.15	-0.03	-0.44		0.72	0.85	-0.71	0.59	0.9	0.89	0.73
Total Current Assets	0.75	0.46	0.91	0.54	-0.55	0.44	0.5	0.73	0.73	-0.36	0.88	0.37	0.75	0.58	-0.07	0.62	-0.07	-0.24	0.72		0.55	-0.36	0.62	0.6	0.66	0.65
Non Current Liabilities Total	0.7	0.43	0.51	0.53	0.3	0.54	0.42	0.68	0.76	0.22	0.78	0.49	0.84	0.92	0.23	-0.11	0.23	-0.14	0.85	0.55		-0.58	0.57	0.79	0.95	0.73
Net Tangible Assets	-0.45	-0.19	-0.47	-0.58	-0.19	-0.2	0.2	-0.43	-0.45	-0.37	-0.51	-0.67	-0.72	-0.7	0.06	-0.01	0.06	0.52	-0.71	-0.36	-0.58		-0.3	-0.53	-0.61	-0.33
Current Deferred Revenue	0.64	0.57	0.61	0.55	-0.07	0.63	0.26	0.76	0.66	0.02	0.59	0.31	0.68	0.62	-0.07	0.11	-0.07	-0.05	0.59	0.62	0.57	-0.3		0.47	0.61	0.72
Non Currrent Assets Other	0.84	0.23	0.52	0.46	0.18	0.3	0.36	0.6	0.86	0.26	0.64	0.42	0.76	0.77	0.14	-0.05	0.14	-0.49	0.9	0.6	0.79	-0.53	0.47		0.82	0.68
Long Term Debt	0.82	0.56	0.6	0.61	0.22	0.6	0.5	0.74	0.85	0.16	0.87	0.51	0.9	0.94	0.27	-0.03	0.27	-0.13	0.89	0.66	0.95	-0.61	0.61	0.82		0.76
Net Receivables	0.76	0.37	0.54	0.64	0.08	0.44	0.36	0.88	0.78	0.19	0.69	0.53	0.74	0.82	-0.22	0.25	-0.22	0.02	0.73	0.65	0.73	-0.33	0.72	0.68	0.76

Click cells to compare fundamentals

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	912.8M
Total Current Liabilities	2.7B	6.3B	5.2B	5.9B	4.0B	3.3B
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	(148M)	(137M)	8M	6.7B	6.0B	5.6B
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	23.7B
Cash	474M	35M	43M	26M	29.9M	28.4M
Other Assets	4.8B	4.4B	160K	4.3B	5.0B	3.6B
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	23.2B
Net Tangible Assets	11.7B	12.4B	8.7B	10.4B	9.4B	11.6B
Current Deferred Revenue	379M	210M	171M	2.4B	241.5M	320.8M
Non Currrent Assets Other	9.8B	2.2B	4.9B	10.4B	12.0B	12.6B
Long Term Debt	15.9B	19.0B	14.5B	16.9B	19.4B	13.3B
Common Stock Total Equity	5.2B	5.4M	5.4B	6.7B	7.6B	4.5B
Retained Earnings Total Equity	6.6B	7.2B	3.4B	3.8B	4.4B	5.5B
Long Term Debt Total	15.9B	19.0B	14.5B	16.9B	19.4B	13.3B
Inventory	708M	858M	942M	1.1B	1.2B	887.2M
Other Current Assets	774M	729M	1.2B	802M	922.3M	667.6M
Property Plant And Equipment Gross	35.1B	411M	37.1B	39.3B	45.2B	28.1B
Non Current Liabilities Other	10.1B	11.2B	10.1B	10.2B	11.8B	9.1B
Intangible Assets	199M	177M	166M	156M	140.4M	133.4M
Property Plant Equipment	25.3B	28.0B	26.9B	28.8B	33.1B	23.6B

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.

CRM	Salesforce
C	Citigroup
GM	General Motors

Additional 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

DTE Accumulated Depreciation vs Common Stock Analysis

Accumulated Depreciation vs Common Stock

Accumulated Depreciation vs Common Stock Correlation Analysis

Correlation Coefficient

Accumulated Depreciation

Common Stock

DTE Energy fundamental ratios Correlations

DTE Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

DTE Energy fundamental ratios Accounts

Also Currently Popular

Additional Tools for DTE Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Net Debt	+ 0.97	Short Long Term Debt Total
Long Term Debt	+ 0.95	Non Current Liabilities Total
Common Stock Shares Outstanding	+ 0.94	Common Stock
Long Term Debt	+ 0.94	Property Plant And Equipment Net

Other Assets	- 0.82	Total Stockholder Equity
Net Tangible Assets	- 0.72	Common Stock
Net Tangible Assets	- 0.71	Common Stock Shares Outstanding
Net Tangible Assets	- 0.7	Property Plant And Equipment Net
Net Tangible Assets	- 0.67	Short Term Debt
Cash And Short Term Investments	- 0.62	Other Assets