DTE Stock Based Compensation vs Investments Analysis

DTG Stock  USD 19.54  0.05  0.26%   
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 Stock Based Compensation and its Investments 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 more detail on how to invest in DTE Stock please use our How to Invest in DTE Energy guide.

Stock Based Compensation vs Investments

Stock Based Compensation vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DTE Energy Stock Based Compensation account and Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between DTE Energy's Stock Based Compensation and Investments is -0.37. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Investments 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 Stock Based Compensation and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of DTE Energy are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Stock Based Compensation i.e., DTE Energy's Stock Based Compensation and Investments go up and down completely randomly.

Correlation Coefficient

-0.37
Relationship DirectionNegative 
Relationship StrengthInsignificant

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
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 more detail on how to invest in DTE Stock please use our How to Invest in DTE Energy guide.At this time, DTE Energy's Enterprise Value Over EBITDA is most likely to slightly grow in the upcoming years. The DTE Energy's current Enterprise Value Multiple is estimated to increase to 7.84, while Tax Provision is forecasted to increase to (111.2 M).
 2021 2022 2023 2024 (projected)
Interest Expense669M717M853M597.5M
Depreciation And Amortization1.4B1.5B1.1B1.1B

DTE Energy fundamental ratios Correlations

0.980.330.66-0.030.980.570.731.00.110.750.480.770.80.16-0.190.16-0.090.860.690.780.580.510.740.230.22
0.980.330.720.061.00.470.760.980.250.750.610.820.890.15-0.340.15-0.190.930.670.850.690.560.780.340.12
0.330.330.38-0.740.330.270.460.33-0.540.710.20.530.29-0.040.1-0.04-0.230.450.840.370.230.20.20.41-0.19
0.660.720.38-0.020.720.030.880.660.230.690.790.810.82-0.25-0.53-0.25-0.150.780.540.630.370.520.760.48-0.03
-0.030.06-0.74-0.020.05-0.2-0.13-0.030.84-0.330.07-0.030.230.36-0.40.360.08-0.02-0.60.190.250.1-0.030.1-0.01
0.981.00.330.720.050.460.760.980.250.750.620.820.890.13-0.350.13-0.190.930.670.850.690.570.790.340.12
0.570.470.270.03-0.20.460.180.58-0.410.59-0.250.270.230.510.640.510.420.280.520.480.220.210.1-0.30.5
0.730.760.460.88-0.130.760.180.720.210.740.630.80.82-0.19-0.42-0.19-0.050.760.710.660.40.740.780.51-0.1
1.00.980.330.66-0.030.980.580.720.110.760.480.770.810.17-0.190.17-0.090.860.690.790.590.510.740.230.22
0.110.25-0.540.230.840.25-0.410.210.11-0.210.440.20.450.02-0.770.02-0.20.26-0.360.290.440.360.320.36-0.24
0.750.750.710.69-0.330.750.590.740.76-0.210.340.870.750.180.010.180.010.790.870.820.430.420.60.340.16
0.480.610.20.790.070.62-0.250.630.480.440.340.560.69-0.42-0.78-0.42-0.50.710.320.460.550.460.70.46-0.2
0.770.820.530.81-0.030.820.270.80.770.20.870.560.90.07-0.410.07-0.250.920.730.870.590.460.790.620.01
0.80.890.290.820.230.890.230.820.810.450.750.690.90.09-0.550.09-0.150.90.560.920.640.640.780.520.05
0.160.15-0.04-0.250.360.130.51-0.190.170.020.18-0.420.070.090.331.00.110.06-0.020.410.3-0.19-0.290.04-0.03
-0.19-0.340.1-0.53-0.4-0.350.64-0.42-0.19-0.770.01-0.78-0.41-0.550.330.330.59-0.50.05-0.29-0.45-0.27-0.56-0.620.43
0.160.15-0.04-0.250.360.130.51-0.190.170.020.18-0.420.070.091.00.330.110.06-0.020.410.3-0.19-0.290.04-0.03
-0.09-0.19-0.23-0.150.08-0.190.42-0.05-0.09-0.20.01-0.5-0.25-0.150.110.590.11-0.43-0.17-0.09-0.570.23-0.34-0.620.61
0.860.930.450.78-0.020.930.280.760.860.260.790.710.920.90.06-0.50.06-0.430.70.860.760.430.860.54-0.07
0.690.670.840.54-0.60.670.520.710.69-0.360.870.320.730.56-0.020.05-0.02-0.170.70.610.420.460.570.390.0
0.780.850.370.630.190.850.480.660.790.290.820.460.870.920.41-0.290.41-0.090.860.610.710.510.610.450.07
0.580.690.230.370.250.690.220.40.590.440.430.550.590.640.3-0.450.3-0.570.760.420.710.340.520.55-0.38
0.510.560.20.520.10.570.210.740.510.360.420.460.460.64-0.19-0.27-0.190.230.430.460.510.340.440.260.07
0.740.780.20.76-0.030.790.10.780.740.320.60.70.790.78-0.29-0.56-0.29-0.340.860.570.610.520.440.420.03
0.230.340.410.480.10.34-0.30.510.230.360.340.460.620.520.04-0.620.04-0.620.540.390.450.550.260.42-0.62
0.220.12-0.19-0.03-0.010.120.5-0.10.22-0.240.16-0.20.010.05-0.030.43-0.030.61-0.070.00.07-0.380.070.03-0.62
Click cells to compare fundamentals

DTE Energy Account Relationship Matchups

DTE Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets42.3B45.5B39.7B42.7B44.8B47.0B
Short Long Term Debt Total17.6B19.6B18.3B19.2B21.0B22.0B
Other Current Liab994M1.2B1.3B1.3B1.1B908.5M
Total Current Liabilities4.0B2.7B6.3B5.2B5.9B3.2B
Total Stockholder Equity11.7B12.4B8.7B10.4B11.1B10.8B
Net Debt17.5B19.1B18.2B19.2B20.9B22.0B
Retained Earnings6.6B7.2B3.4B3.8B4.4B4.3B
Accounts Payable1.1B1B1.4B1.6B1.4B1.1B
Non Current Assets Total39.2B42.0B36.4B38.5B41.2B43.3B
Liabilities And Stockholders Equity42.3B45.5B39.7B42.7B44.8B47.0B
Other Stockholder Equity(148M)(137M)8M6.7B6.0B7.2B
Total Liab30.4B32.9B31.0B32.3B33.7B18.2B
Accumulated Other Comprehensive Income(148M)(137M)(112M)(62M)(67M)(63.7M)
Short Term Debt1.5B523M3.6B2.3B3.4B3.6B
Common Stock5.2B5.4B5.4B6.7B6.7B4.4B
Property Plant And Equipment Net25.5B24.6B27.0B28.9B28.3B24.3B
Cash93M474M35M43M26M24.7M
Other Assets4.8B4.8B4.8B(2.0B)(2.3B)(2.2B)
Cash And Short Term Investments93M474M35M43M26M24.7M
Common Stock Shares Outstanding185M193M194M196M206M195.6M
Total Current Assets3.1B3.5B3.3B4.2B3.5B3.2B
Non Current Liabilities Total26.4B30.2B24.7B27.1B27.8B23.0B
Non Currrent Assets Other2.5B9.8B2.2B4.9B10.4B11.0B
Inventory759M708M858M942M1.1B891.8M
Other Current Assets347M776M729M1.2B827M656.7M
Intangible Assets2.4B199M177M166M156M148.2M
Current Deferred Revenue172M379M210M171M2.4B199.5M
Long Term Debt15.9B19.0B14.5B16.9B19.4B16.6B
Long Term Debt Total15.9B19.0B14.5B16.9B19.4B16.6B
Property Plant Equipment3.9B4.3B805M28.8B33.1B34.7B

Currently Active Assets on Macroaxis

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 more detail on how to invest in DTE Stock please use our How to Invest in DTE Energy guide.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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.