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

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!