DTE Energy Balance Sheet Health
Financial Health criteria checks 0/6
DTE Energy has a total shareholder equity of $11.2B and total debt of $21.9B, which brings its debt-to-equity ratio to 196.1%. Its total assets and total liabilities are $45.9B and $34.7B respectively. DTE Energy's EBIT is $2.1B making its interest coverage ratio 2.8. It has cash and short-term investments of $492.0M.
Key information
196.1%
Debt to equity ratio
US$21.92b
Debt
Interest coverage ratio | 2.8x |
Cash | US$492.00m |
Equity | US$11.18b |
Total liabilities | US$34.72b |
Total assets | US$45.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DGY's short term assets ($3.8B) do not cover its short term liabilities ($5.0B).
Long Term Liabilities: DGY's short term assets ($3.8B) do not cover its long term liabilities ($29.7B).
Debt to Equity History and Analysis
Debt Level: DGY's net debt to equity ratio (191.7%) is considered high.
Reducing Debt: DGY's debt to equity ratio has increased from 130.9% to 196.1% over the past 5 years.
Debt Coverage: DGY's debt is not well covered by operating cash flow (15.2%).
Interest Coverage: DGY's interest payments on its debt are not well covered by EBIT (2.8x coverage).