Current Ratio
Updated 440h ago
Sector Performance
30th percentileDTE
0.95x
Sector Median
1.20x
Sector Avg
2.57x
Deep Analysis
The current ratio of 0.95x means that for every $1 of short-term liabilities, the company has only $0.95 in current assets, indicating it may struggle to cover immediate obligations.
Among sector peers, this is below the median of 1.21x and places the company at the 30th percentile, meaning 70% of peers have stronger liquidity. Over the last eight quarters the trend direction is increasing, but the most recent quarter-over-quarter change is a decline of -26.4% from 1.29x to 0.95x; year-over-year change is not available. The combination of a current ratio under 1.0 (a liquidity risk) with a long-term upward trend that recently reversed sharply creates mixed signals for investors. This metric both supports and contradicts the overall NEUTRAL verdict: the below‑median level aligns with caution, while the recent drop highlights near‑term pressure that the increasing long‑term trend had previously mitigated.
Frequently Asked Questions
What does the Current Ratio tell investors about DTE?
Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.
How is the Current Ratio calculated?
Current Ratio is calculated as: Current Assets / Current Liabilities.
Who are DTE's closest peers by Current Ratio?
The closest peers by Current Ratio include: SPG (0.41x), CHTR (0.40x), USB (0.40x), GEN (0.40x), DRI (0.39x).
The Formula
Current Assets / Current Liabilities
Why It Matters
Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.
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0.95x
Sector Median
1.20x
Sector Avg
2.57x
How DTE's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.