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
Does DTE Energy (NYSE:DTE) Have A Healthy Balance Sheet?
May 11
These 4 Measures Indicate That DTE Energy (NYSE:DTE) Is Using Debt Extensively
Oct 10DTE Energy (NYSE:DTE) Has A Somewhat Strained Balance Sheet
Jun 27Is DTE Energy (NYSE:DTE) Using Too Much Debt?
Mar 12DTE Energy (NYSE:DTE) Seems To Be Using A Lot Of Debt
Aug 24Is DTE Energy (NYSE:DTE) A Risky Investment?
May 25Recent updates
DTE Energy: Common Shares Are Overvalued, Consider The High-Yield Baby Bonds Instead
May 13Does DTE Energy (NYSE:DTE) Have A Healthy Balance Sheet?
May 11We think DTE Energy Company's (NYSE:DTE) CEO May Struggle To See Much Of A Pay Rise This Year
Apr 26DTE Energy: A Much-Improved Growth Story With A Better Valuation (Rating Upgrade)
Apr 16DTE Energy's (NYSE:DTE) Dividend Will Be $1.02
Mar 10DTE Energy (NYSE:DTE) Strong Profits May Be Masking Some Underlying Issues
Feb 15DTE Energy (NYSE:DTE) Has Announced A Dividend Of $1.02
Feb 05DTE Energy Company's (NYSE:DTE) Share Price Could Signal Some Risk
Jan 29Calculating The Fair Value Of DTE Energy Company (NYSE:DTE)
Jan 08DTE Energy: Delivering To Shareholders
Dec 22DTE Energy Company Should Keep Growing In 2024
Dec 14DTE Energy's (NYSE:DTE) Dividend Will Be Increased To $1.02
Dec 12DTE Energy: Valuation Has Improved Compared To Peers, Presenting Opportunity
Oct 13These 4 Measures Indicate That DTE Energy (NYSE:DTE) Is Using Debt Extensively
Oct 10Calculating The Intrinsic Value Of DTE Energy Company (NYSE:DTE)
Sep 01Analysts Just Made A Major Revision To Their DTE Energy Company (NYSE:DTE) Revenue Forecasts
Aug 11DTE Energy: Adversely Impacted By Cooler Temperatures, But Remains Stable Overall
Aug 07DTE Energy (NYSE:DTE) Has A Somewhat Strained Balance Sheet
Jun 27DTE Energy Is Offering A Nearly 8-Year High Dividend Yield Of 3.6%
May 26Estimating The Intrinsic Value Of DTE Energy Company (NYSE:DTE)
May 22Newsflash: DTE Energy Company (NYSE:DTE) Analysts Have Been Trimming Their Revenue Forecasts
May 04Is DTE Energy (NYSE:DTE) Using Too Much Debt?
Mar 12DTE Energy Q4 2022 Earnings Preview
Feb 22DTE Energy Company's (NYSE:DTE) Intrinsic Value Is Potentially 23% Below Its Share Price
Feb 06DTE Energy (NYSE:DTE) Is Increasing Its Dividend To $0.9525
Dec 09DTE Energy declares $0.9525 dividend
Nov 14DTE Energy (NYSE:DTE) Is Paying Out A Larger Dividend Than Last Year
Nov 14DTE Energy Q3 2022 Earnings Preview
Oct 26Calculating The Fair Value Of DTE Energy Company (NYSE:DTE)
Oct 24DTE Energy Is A Haven But Offering A 10-Year-Low Dividend Yield Of 2.6%
Sep 12DTE Energy (NYSE:DTE) Seems To Be Using A Lot Of Debt
Aug 24DTE Energy Non-GAAP EPS misses estimates, raises 2022 operating EPS guidance
Jul 28A Look At The Intrinsic Value Of DTE Energy Company (NYSE:DTE)
Jul 25DTE Energy: Slow And Steady Dividend Grower
Jun 30Is DTE Energy (NYSE:DTE) A Risky Investment?
May 25Financial Position Analysis
Short Term Liabilities: DTE's short term assets ($3.8B) do not cover its short term liabilities ($5.0B).
Long Term Liabilities: DTE's short term assets ($3.8B) do not cover its long term liabilities ($29.7B).
Debt to Equity History and Analysis
Debt Level: DTE's net debt to equity ratio (191.7%) is considered high.
Reducing Debt: DTE's debt to equity ratio has increased from 130.9% to 196.1% over the past 5 years.
Debt Coverage: DTE's debt is not well covered by operating cash flow (15.2%).
Interest Coverage: DTE's interest payments on its debt are not well covered by EBIT (2.8x coverage).