Discontinued — last reported Q4 '23
Energy Trading — Interest Expense
DTE Energy Energy Trading — Interest Expense remained flat by 0.0% to $4.50M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 5.9%, from $4.25M to $4.50M. Over 2 years (FY 2021 to FY 2023), Energy Trading — Interest Expense shows an upward trend with a 89.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
High interest expense relative to income may indicate excessive leverage or high costs of capital for trading activities.
Detailed definition
This metric captures the cost of debt financing specifically allocated to the energy trading segment. It reflects the se...
Peer comparison
Interest expenses in trading segments are often tied to credit facilities used to support margin requirements for derivatives.
dte_segment_energy_trading_interest_expenseHistorical Data
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $5.00M | $17.00M | $18.00M |
| YoY Change | — | +240.0% | +5.9% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is DTE Energy's energy trading — interest expense?
- DTE Energy (DTE) reported energy trading — interest expense of $4.50M in Q4 2023.
- How has DTE Energy's energy trading — interest expense changed year-over-year?
- DTE Energy's energy trading — interest expense increased by 5.9% year-over-year, from $4.25M to $4.50M.
- What is the long-term trend for DTE Energy's energy trading — interest expense?
- Over 2 years (2021 to 2023), DTE Energy's energy trading — interest expense has grown at a 89.7% compound annual growth rate (CAGR), from $5.00M to $18.00M.
- What does energy trading — interest expense mean?
- The cost of interest paid on debt used to support the energy trading segment's operations.