Discontinued — last reported Q4 '23
Energy Trading — D&A
DTE Energy Energy Trading — D&A remained flat by 0.0% to $1.00M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 20.0%, from $1.25M to $1.00M. Over 2 years (FY 2021 to FY 2023), Energy Trading — D&A shows a downward trend with a -18.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
Stable or low depreciation suggests a low-asset-intensity business model, which is typical for trading-focused operations.
Detailed definition
This represents the non-cash expense allocated to the energy trading segment to account for the wear and tear of its phy...
Peer comparison
Trading segments generally have lower depreciation expenses compared to generation or distribution utility segments.
dte_segment_energy_trading_depreciation_and_amortizationHistorical Data
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $6.00M | $5.00M | $4.00M |
| YoY Change | — | -16.7% | -20.0% |
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Frequently Asked Questions
- What is DTE Energy's energy trading — d&a?
- DTE Energy (DTE) reported energy trading — d&a of $1.00M in Q4 2023.
- How has DTE Energy's energy trading — d&a changed year-over-year?
- DTE Energy's energy trading — d&a decreased by 20.0% year-over-year, from $1.25M to $1.00M.
- What is the long-term trend for DTE Energy's energy trading — d&a?
- Over 2 years (2021 to 2023), DTE Energy's energy trading — d&a has grown at a -18.4% compound annual growth rate (CAGR), from $6.00M to $4.00M.
- What does energy trading — d&a mean?
- The non-cash cost of using up physical assets over their useful life within the trading segment.