DT Midstream Balance Sheet Health

Financial Health criteria checks 2/6

DT Midstream has a total shareholder equity of $4.3B and total debt of $3.2B, which brings its debt-to-equity ratio to 75.5%. Its total assets and total liabilities are $9.0B and $4.7B respectively. DT Midstream's EBIT is $467.0M making its interest coverage ratio 3.1. It has cash and short-term investments of $56.0M.

Key information

75.5%

Debt to equity ratio

US$3.23b

Debt

Interest coverage ratio3.1x
CashUS$56.00m
EquityUS$4.28b
Total liabilitiesUS$4.70b
Total assetsUS$8.98b

Recent financial health updates

Recent updates

Is DT Midstream (NYSE:DTM) Using Too Much Debt?

Mar 17
Is DT Midstream (NYSE:DTM) Using Too Much Debt?

DT Midstream (NYSE:DTM) Has Announced That It Will Be Increasing Its Dividend To $0.735

Feb 28
DT Midstream (NYSE:DTM) Has Announced That It Will Be Increasing Its Dividend To $0.735

There Is A Reason DT Midstream, Inc.'s (NYSE:DTM) Price Is Undemanding

Feb 18
There Is A Reason DT Midstream, Inc.'s (NYSE:DTM) Price Is Undemanding

DT Midstream: A 5.2% Dividend With A 41% Payout Ratio

Feb 14

DT Midstream's (NYSE:DTM) Returns Have Hit A Wall

Jan 27
DT Midstream's (NYSE:DTM) Returns Have Hit A Wall

Are Investors Undervaluing DT Midstream, Inc. (NYSE:DTM) By 24%?

Jan 06
Are Investors Undervaluing DT Midstream, Inc. (NYSE:DTM) By 24%?

Enterprise Products Partners And DT Midstream: 2 Pipeline Stocks For Cash Flow

Nov 27

DT Midstream Goes Natural (Gas)

Oct 22

DT Midstream: Overlooked With Attractive Yield And No Debt Maturities Until 2028

Oct 10

Capital Allocation Trends At DT Midstream (NYSE:DTM) Aren't Ideal

Oct 10
Capital Allocation Trends At DT Midstream (NYSE:DTM) Aren't Ideal

Estimating The Intrinsic Value Of DT Midstream, Inc. (NYSE:DTM)

Sep 21
Estimating The Intrinsic Value Of DT Midstream, Inc. (NYSE:DTM)

DT Midstream: Strong Operational Performance Doesn't Make For A Buy Yet

Sep 16

DT Midstream: New Growth Projects And A High Yield

Aug 29

Be Wary Of DT Midstream (NYSE:DTM) And Its Returns On Capital

Jun 30
Be Wary Of DT Midstream (NYSE:DTM) And Its Returns On Capital

Estimating The Intrinsic Value Of DT Midstream, Inc. (NYSE:DTM)

Jun 06
Estimating The Intrinsic Value Of DT Midstream, Inc. (NYSE:DTM)

DT Midstream: Asset Optimization Fostering Growth

May 29

Here's What Analysts Are Forecasting For DT Midstream, Inc. (NYSE:DTM) Following Its Earnings Miss

May 05
Here's What Analysts Are Forecasting For DT Midstream, Inc. (NYSE:DTM) Following Its Earnings Miss

There Are Reasons To Feel Uneasy About DT Midstream's (NYSE:DTM) Returns On Capital

Mar 10
There Are Reasons To Feel Uneasy About DT Midstream's (NYSE:DTM) Returns On Capital

DT Midstream Q4 2022 Earnings Preview

Feb 15

Calculating The Intrinsic Value Of DT Midstream, Inc. (NYSE:DTM)

Feb 06
Calculating The Intrinsic Value Of DT Midstream, Inc. (NYSE:DTM)

DT Midstream: Higher Dividends Are Very Likely Coming Soon (Rating Upgrade)

Jan 09

DT Midstream, Inc.'s (NYSE:DTM) Price Is Out Of Tune With Earnings

Jan 06
DT Midstream, Inc.'s (NYSE:DTM) Price Is Out Of Tune With Earnings

DT Midstream goes ex dividend tomorrow

Dec 15

Do DT Midstream's (NYSE:DTM) Earnings Warrant Your Attention?

Nov 25
Do DT Midstream's (NYSE:DTM) Earnings Warrant Your Attention?

DT Midstream Q3 2022 Earnings Preview

Oct 27

An Intrinsic Calculation For DT Midstream, Inc. (NYSE:DTM) Suggests It's 34% Undervalued

Oct 21
An Intrinsic Calculation For DT Midstream, Inc. (NYSE:DTM) Suggests It's 34% Undervalued

DT Midstream closes on purchase of additional ownership in millennium pipeline

Oct 07

DT Midstream to raise ownership stake in Millennium Pipeline

Sep 29

DT Midstream: Stability, Growth, And LNG Potential

Aug 25

Do DT Midstream's (NYSE:DTM) Earnings Warrant Your Attention?

Aug 25
Do DT Midstream's (NYSE:DTM) Earnings Warrant Your Attention?

DT Midstream Q2 2022 Earnings Preview

Aug 02

DT Midstream (NYSE:DTM) Will Be Hoping To Turn Its Returns On Capital Around

Jul 23
DT Midstream (NYSE:DTM) Will Be Hoping To Turn Its Returns On Capital Around

Is There An Opportunity With DT Midstream, Inc.'s (NYSE:DTM) 40% Undervaluation?

Jun 17
Is There An Opportunity With DT Midstream, Inc.'s (NYSE:DTM) 40% Undervaluation?

An Intrinsic Calculation For DT Midstream, Inc. (NYSE:DTM) Suggests It's 25% Undervalued

Feb 28
An Intrinsic Calculation For DT Midstream, Inc. (NYSE:DTM) Suggests It's 25% Undervalued

DT Midstream: The Near 5% Yield Could Turn Into A 10%+ Yield One Day

Jan 22

Are Investors Undervaluing DT Midstream, Inc. (NYSE:DTM) By 26%?

Nov 22
Are Investors Undervaluing DT Midstream, Inc. (NYSE:DTM) By 26%?

Financial Position Analysis

Short Term Liabilities: DTM's short term assets ($272.0M) do not cover its short term liabilities ($434.0M).

Long Term Liabilities: DTM's short term assets ($272.0M) do not cover its long term liabilities ($4.3B).


Debt to Equity History and Analysis

Debt Level: DTM's net debt to equity ratio (74.2%) is considered high.

Reducing Debt: DTM's debt to equity ratio has increased from 64.6% to 75.5% over the past 5 years.

Debt Coverage: DTM's debt is well covered by operating cash flow (24.7%).

Interest Coverage: DTM's interest payments on its debt are well covered by EBIT (3.1x coverage).


Balance Sheet


Discover healthy companies

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.