DTE Current Deferred Revenue vs Net Receivables Analysis

DTW Stock  USD 23.45  0.10  0.43%   
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 Current Deferred Revenue and its Net Receivables 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 tightly coupled 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.

Current Deferred Revenue vs Net Receivables

Current Deferred Revenue vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DTE Energy Current Deferred Revenue account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.
The correlation between DTE Energy's Current Deferred Revenue and Net Receivables is 0.82. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Net Receivables 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 Current Deferred Revenue and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of DTE Energy Co are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Current Deferred Revenue i.e., DTE Energy's Current Deferred Revenue and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Net Receivables

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 tightly coupled 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.At this time, DTE Energy's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 7.70 in 2024, whereas Selling General Administrative is likely to drop slightly above 424.2 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense669M717M853M597.5M
Depreciation And Amortization1.4B1.5B1.7B1.1B

DTE Energy fundamental ratios Correlations

0.920.030.63-0.150.920.580.710.99-0.220.790.480.770.770.150.180.15-0.130.850.750.66-0.380.680.820.810.76
0.92-0.080.680.061.00.470.760.960.00.750.610.820.90.170.020.17-0.190.930.640.86-0.490.720.880.90.83
0.03-0.08-0.13-0.36-0.080.37-0.330.02-0.590.03-0.13-0.29-0.320.10.20.10.11-0.13-0.01-0.180.22-0.55-0.05-0.16-0.35
0.630.68-0.13-0.070.680.010.870.630.080.690.790.80.8-0.270.3-0.27-0.170.760.540.55-0.610.550.470.660.71
-0.150.06-0.36-0.070.06-0.2-0.13-0.10.79-0.330.07-0.030.250.36-0.850.360.08-0.02-0.620.26-0.15-0.070.120.180.04
0.921.0-0.080.680.060.460.760.960.00.750.610.820.90.150.020.15-0.190.930.640.86-0.490.720.870.90.84
0.580.470.370.01-0.20.460.180.59-0.590.59-0.250.270.250.510.10.510.410.280.510.450.240.260.550.480.34
0.710.76-0.330.87-0.130.760.180.720.060.740.630.80.82-0.190.31-0.19-0.050.760.70.64-0.380.780.60.710.91
0.990.960.020.63-0.10.960.590.72-0.190.790.490.780.80.170.140.17-0.120.870.720.73-0.380.70.850.840.79
-0.220.0-0.590.080.790.0-0.590.06-0.19-0.380.330.050.24-0.03-0.54-0.03-0.260.07-0.470.11-0.320.010.030.090.12
0.790.750.030.69-0.330.750.590.740.79-0.380.340.870.740.190.380.190.010.790.870.73-0.430.610.690.840.68
0.480.61-0.130.790.070.61-0.250.630.490.330.340.560.67-0.380.21-0.38-0.50.710.310.41-0.670.310.360.490.55
0.770.82-0.290.8-0.030.820.270.80.780.050.870.560.90.080.180.08-0.250.920.710.8-0.690.740.730.90.74
0.770.9-0.320.80.250.90.250.820.80.240.740.670.90.12-0.040.12-0.120.90.510.89-0.660.70.740.940.84
0.150.170.1-0.270.360.150.51-0.190.17-0.030.19-0.380.080.12-0.621.00.060.09-0.010.38-0.02-0.060.490.36-0.07
0.180.020.20.3-0.850.020.10.310.14-0.540.380.210.18-0.04-0.62-0.62-0.010.130.61-0.190.010.11-0.18-0.050.15
0.150.170.1-0.270.360.150.51-0.190.17-0.030.19-0.380.080.121.0-0.620.060.09-0.010.38-0.02-0.060.490.36-0.07
-0.13-0.190.11-0.170.08-0.190.41-0.05-0.12-0.260.01-0.5-0.25-0.120.06-0.010.06-0.43-0.18-0.030.52-0.04-0.25-0.110.07
0.850.93-0.130.76-0.020.930.280.760.870.070.790.710.920.90.090.130.09-0.430.690.8-0.680.640.810.90.72
0.750.64-0.010.54-0.620.640.510.70.72-0.470.870.310.710.51-0.010.61-0.01-0.180.690.48-0.280.640.620.60.64
0.660.86-0.180.550.260.860.450.640.730.110.730.410.80.890.38-0.190.38-0.030.80.48-0.50.620.820.930.73
-0.38-0.490.22-0.61-0.15-0.490.24-0.38-0.38-0.32-0.43-0.67-0.69-0.66-0.020.01-0.020.52-0.68-0.28-0.5-0.29-0.39-0.58-0.33
0.680.72-0.550.55-0.070.720.260.780.70.010.610.310.740.7-0.060.11-0.06-0.040.640.640.62-0.290.620.620.82
0.820.88-0.050.470.120.870.550.60.850.030.690.360.730.740.49-0.180.49-0.250.810.620.82-0.390.620.860.71
0.810.9-0.160.660.180.90.480.710.840.090.840.490.90.940.36-0.050.36-0.110.90.60.93-0.580.620.860.76
0.760.83-0.350.710.040.840.340.910.790.120.680.550.740.84-0.070.15-0.070.070.720.640.73-0.330.820.710.76
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 Liab994M958M1.1B(1.1B)870M689.9M
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)8M6.7B6.0B5.6B
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 Net25.5B24.6B27.0B28.9B28.3B23.7B
Cash93M474M35M43M51M48.5M
Other Assets4.8B4.4B160K4.3B5.0B3.6B
Cash And Short Term Investments93M474M35M43M51M48.5M
Common Stock Shares Outstanding185M193M194M196M206M195.6M
Total Current Assets3.1B3.5B3.3B4.2B3.5B3.2B
Non Current Liabilities Total26.4B30.2B24.7B27.1B27.8B22.3B
Net Tangible Assets11.7B12.4B8.7B10.4B9.4B11.6B
Current Deferred Revenue172M379M210M171M2.4B320.8M
Non Currrent Assets Other2.5B9.8B2.2B4.9B5.2B5.5B
Long Term Debt15.9B19.0B14.5B16.9B19.4B13.3B
Net Receivables1.9B1.7B1.8B2.2B1.8B1.9B
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
Inventory759M708M858M942M1.1B887.2M
Other Current Assets476M347M647M594M1.0B616.2M
Property Plant And Equipment Gross35.1B411M37.1B39.3B45.2B28.1B
Non Current Liabilities Other10.1B11.2B10.1B10.2B11.8B9.1B
Intangible Assets2.4B199M177M166M156M148.2M
Property Plant Equipment25.3B28.0B26.9B28.8B33.1B23.6B

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