DTE
Price:
$124.6
Market Cap:
$25.80B
DTE Energy Company engages in the utility operations. The company's Electric segment generates, purchases, distributes, and sells electricity to approximately 2.3 million residential, commercial, and industrial customers in southeastern Michigan. It generates electricity through fossil-fuel, hydroelectric pumped storage, and nuclear plants, as well as wind and other renewable assets. This segment owns and operates approximately 698 distribution substations and 449,800 line transformers. The company's Gas segment purchases, stores, transports, distributes, and sells natural gas to approximately 1.3 million residential, commercial, and industrial customers throughout Michigan; and sells storag...[Read more]
Industry
Regulated Electric
IPO Date
1970-01-02
Stock Exchange
NYSE
Ticker
DTE
According to DTE Energy Company’s latest financial reports and current stock price. The company's current Current Ratio is 0.83. This represents a change of 15.05% compared to the average of 0.72 of the last 4 quarters.
The mean historical Current Ratio of DTE Energy Company over the last ten years is 0.92. The current 0.83 Current Ratio has changed 8.91% with respect to the historical average. Over the past ten years (40 quarters), DTE's Current Ratio was at its highest in in the June 2021 quarter at 1.71. The Current Ratio was at its lowest in in the December 2021 quarter at 0.52.
Average
0.92
Median
0.91
Minimum
0.52
Maximum
1.30
Discovering the peaks and valleys of DTE Energy Company Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 68.36%
Maximum Annual Current Ratio = 1.30
Minimum Annual Increase = -59.79%
Minimum Annual Current Ratio = 0.52
Year | Current Ratio | Change |
---|---|---|
2023 | 0.60 | -25.55% |
2022 | 0.81 | 54.59% |
2021 | 0.52 | -59.79% |
2020 | 1.30 | 68.36% |
2019 | 0.77 | 5.11% |
2018 | 0.73 | -32.96% |
2017 | 1.10 | -3.33% |
2016 | 1.13 | 11.27% |
2015 | 1.02 | -14.97% |
2014 | 1.20 | 36.14% |
The current Current Ratio of DTE Energy Company (DTE) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
0.64
5-year avg
0.80
10-year avg
0.92
DTE Energy Company’s Current Ratio is less than Alliant Energy Corporation (0.86), greater than Ameren Corporation (0.63), less than CenterPoint Energy, Inc. (1.11), greater than Pinnacle West Capital Corporation (0.71), greater than FirstEnergy Corp. (0.56), less than Edison International (0.88), greater than Public Service Enterprise Group Incorporated (0.68), less than CMS Energy Corporation (1.23), greater than Evergy, Inc. (0.55), less than Entergy Corporation (0.89), less than MGE Energy, Inc. (1.41),
Company | Current Ratio | Market cap |
---|---|---|
0.86 | $16.25B | |
0.63 | $25.04B | |
1.11 | $20.81B | |
0.71 | $10.57B | |
0.56 | $24.08B | |
0.88 | $33.48B | |
0.68 | $46.04B | |
1.23 | $20.77B | |
0.55 | $14.78B | |
0.89 | $32.39B | |
1.41 | $3.77B |
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