Question
Can you please help me decipher how well DTE is doing financially? I'm looking at their financial statement and I'm unsure. I know they are
Can you please help me decipher how well DTE is doing financially? I'm looking at their financial statement and I'm unsure. I know they are doing well but how do you tell?
129.32+0.34 (+0.26%)
At close: 4:05PM EDT
128.99 -0.33 (-0.25%) After hours: 4:27PM EDT
Breakdown
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Total Revenue
13,702,000
14,212,000
12,607,000
10,630,000
10,337,000
Cost of Revenue
10,478,000
11,062,000
9,499,000
7,832,000
7,776,000
Gross Profit
3,224,000
3,150,000
3,108,000
2,798,000
2,561,000
Operating Expenses
Research Development
-
-
-
-
-
Selling General and Administrative
-
-
-
-
-
Total Operating Expenses
1,579,000
1,529,000
1,421,000
1,346,000
1,216,000
Operating Income or Loss
1,645,000
1,621,000
1,687,000
1,452,000
1,345,000
Interest Expense
595,000
559,000
536,000
472,000
450,000
Total Other Income/Expenses Net
141,000
142,000
124,000
105,000
42,000
Income Before Tax
1,204,000
1,216,000
1,287,000
1,105,000
950,000
Income Tax Expense
86,000
98,000
175,000
271,000
230,000
Income from Continuing Operations
1,118,000
1,118,000
1,112,000
834,000
720,000
Net Income
1,108,000
1,120,000
1,134,000
868,000
727,000
Net Income available to common shareholders
1,106,000
1,118,000
1,132,000
868,000
727,000
Reported EPS
Basic
-
6.18
6.32
4.84
4.05
Diluted
-
6.17
6.32
4.83
4.05
Weighted average shares outstanding
Basic
-
181,000
179,000
179,000
179,000
Diluted
-
181,000
179,000
179,000
179,000
EBITDA
-
2,899,000
2,853,000
2,553,000
2,252,000
This is the income statement.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
