DT Midstream Inc

NYSE DTM

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DT Midstream Inc Current Liabilities Ratio 5 year CAGR for the quarter ending March 31, 2024

DT Midstream Inc Current Liabilities Ratio 5 year CAGR is NA for the quarter ending March 31, 2024. The current liabilities ratio measures the proportion of a company's current liabilities in relation to its total assets. It is calculated by dividing current liabilities by total assets. This ratio indicates the percentage of a company's total assets that are financed by current liabilities, such as accounts payable and short-term debt. It helps assess the company's short-term solvency and its ability to meet immediate obligations. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • DT Midstream Inc Current Liabilities Ratio for the quarter ending March 31, 2023 was 0.08, a 239.44% change year over year.
  • DT Midstream Inc Current Liabilities Ratio for the quarter ending March 31, 2022 was 0.02, a -94.19% change year over year.
  • DT Midstream Inc Current Liabilities Ratio for the quarter ending March 31, 2021 was 0.39.
NYSE: DTM

DT Midstream Inc

CEO Mr. Robert C. Skaggs Jr.
IPO Date July 1, 2021
Location United States
Headquarters 500 Woodward Avenue, Detroit, MI, United States, 48226-1279
Employees 402
Sector Energy
Industry Oil & gas midstream
Description

DT Midstream, Inc., together with its subsidiaries, provides integrated natural gas services in the United States. The company operates through two segments, Pipeline and Gathering. The Pipeline segment owns and operates interstate and intrastate natural gas pipelines, storage systems, and natural gas gathering lateral pipelines. This segment also engages in the transportation and storage of natural gas for intermediate and end-user customers. The Gathering segment owns and operates gas gathering systems. This segment is involved in the collection of natural gas for delivery to plants for treating, to gathering pipelines for further gathering, or to pipelines for transportation; and provision of associated ancillary services, including compression, dehydration, gas treatment, water impoundment, water transportation, water disposal, and sand mining. It serves natural gas producers, local distribution companies, electric power generators, industrials, and national marketers. The company was incorporated in 2021 and is headquartered in Detroit, Michigan.

StockViz Staff

September 19, 2024

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