DTE Energy Balance Sheet Health
Financial Health criteria checks 0/6
DTE Energy has a total shareholder equity of $11.1B and total debt of $23.0B, which brings its debt-to-equity ratio to 207.2%. Its total assets and total liabilities are $47.8B and $36.7B respectively. DTE Energy's EBIT is $2.2B making its interest coverage ratio 2.9. It has cash and short-term investments of $1.1B.
Key information
207.2%
Debt to equity ratio
US$23.03b
Debt
Interest coverage ratio | 2.9x |
Cash | US$1.08b |
Equity | US$11.11b |
Total liabilities | US$36.70b |
Total assets | US$47.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DTE1 *'s short term assets ($4.5B) do not cover its short term liabilities ($6.5B).
Long Term Liabilities: DTE1 *'s short term assets ($4.5B) do not cover its long term liabilities ($30.2B).
Debt to Equity History and Analysis
Debt Level: DTE1 *'s net debt to equity ratio (197.5%) is considered high.
Reducing Debt: DTE1 *'s debt to equity ratio has increased from 142.5% to 207.2% over the past 5 years.
Debt Coverage: DTE1 *'s debt is not well covered by operating cash flow (14.2%).
Interest Coverage: DTE1 *'s interest payments on its debt are not well covered by EBIT (2.9x coverage).