DTE Energy has a total shareholder equity of $11.6B and total debt of $24.6B, which brings its debt-to-equity ratio to 212.1%. Its total assets and total liabilities are $49.8B and $38.2B respectively. DTE Energy's EBIT is $2.2B making its interest coverage ratio 2.8. It has cash and short-term investments of $2.0B.
Key information
212.1%
Debt to equity ratio
US$24.60b
Debt
Interest coverage ratio
2.8x
Cash
US$2.04b
Equity
US$11.60b
Total liabilities
US$38.21b
Total assets
US$49.81b
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DTE1 *'s short term assets ($5.6B) do not cover its short term liabilities ($6.8B).
Long Term Liabilities: DTE1 *'s short term assets ($5.6B) do not cover its long term liabilities ($31.4B).
Debt to Equity History and Analysis
Debt Level: DTE1 *'s net debt to equity ratio (194.5%) is considered high.
Reducing Debt: DTE1 *'s debt to equity ratio has increased from 144.7% to 212.1% over the past 5 years.
Debt Coverage: DTE1 *'s debt is not well covered by operating cash flow (13.8%).
Interest Coverage: DTE1 *'s interest payments on its debt are not well covered by EBIT (2.8x coverage).