What is DTE Energy's energy trading — goodwill?

DTE Energy (DTE) reported energy trading — goodwill of $17.00M in Q4 2023.

What does energy trading — goodwill mean?

The intangible value recorded when the energy trading business was acquired for more than its net asset value.

Discontinued — last reported Q4 '23

Energy Trading — Goodwill

DTE Energy Energy Trading — Goodwill remained flat by 0.0% to $17.00M in Q4 2023 compared to the prior quarter.

Analysis

StatementSegment

CategoryMarket Position

SignalContext dependent

VolatilityStable

First reportedQ4 2016

Last reportedQ4 2023

Rolls up toGoodwill

How to read this metric

Stable or increasing goodwill suggests successful integration and sustained value of acquisitions, while a decrease indicates potential impairment charges.

Detailed definition

This represents the excess of the purchase price over the fair value of identifiable net assets acquired in business com...

Peer comparison

Standard accounting line item for companies that have grown through M&A; peers report this as a non-current asset.

Metric ID: dte_segment_energy_trading_goodwill

Historical Data

3 periods

	Q4 '21	Q4 '22	Q4 '23
Value	$17.00M	$17.00M	$17.00M
QoQ Change	—	+0.0%	+0.0%
YoY Change	—	+0.0%	+0.0%

Range$17.00M – $17.00M

Avg YoY Growth+0.0%

Median YoY Growth+0.0%

Current Streak2+ quarters growth

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Frequently Asked Questions

What is DTE Energy's energy trading — goodwill?: DTE Energy (DTE) reported energy trading — goodwill of $17.00M in Q4 2023.
What does energy trading — goodwill mean?: The intangible value recorded when the energy trading business was acquired for more than its net asset value.