Deere Current Asset vs. Return On Asset
| DE Stock | USD 400.32 0.28 0.07% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.24 | 0.3234 |
|
| |||||
| Net Profit Margin | 0.15 | 0.1386 |
|
| |||||
| Operating Profit Margin | 0.21 | 0.1997 |
|
| |||||
| Pretax Profit Margin | 0.19 | 0.1767 |
|
| |||||
| Return On Assets | 0.0744 | 0.0709 |
|
| |||||
| Return On Equity | 0.34 | 0.3235 |
|
|
For Deere profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Deere to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Deere Company utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Deere's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Deere Company over time as well as its relative position and ranking within its peers.
Deere |
Is Deere's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Deere. If investors know Deere will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Deere listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.05) | Dividend Share 5.32 | Earnings Share 34.29 | Revenue Per Share 211.12 | Quarterly Revenue Growth (0.04) |
The market value of Deere Company is measured differently than its book value, which is the value of Deere that is recorded on the company's balance sheet. Investors also form their own opinion of Deere's value that differs from its market value or its book value, called intrinsic value, which is Deere's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Deere's market value can be influenced by many factors that don't directly affect Deere's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Deere's value and its price as these two are different measures arrived at by different means. Investors typically determine if Deere is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Deere's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Deere Company Return On Asset vs. Current Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Deere's current stock value. Our valuation model uses many indicators to compare Deere value to that of its competitors to determine the firm's financial worth. Deere Company is one of the top stocks in current asset category among related companies. It is rated # 2 in return on asset category among related companies . The ratio of Current Asset to Return On Asset for Deere Company is about 122,995,959,596 . The current year's Return On Assets is expected to grow to 0.07. Comparative valuation analysis is a catch-all model that can be used if you cannot value Deere by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Deere's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Deere's earnings, one of the primary drivers of an investment's value.Deere Return On Asset vs. Current Asset
Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Deere |
| = | 12.18 B |
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Deere |
| = | 0.099 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Deere Return On Asset Comparison
Deere is currently under evaluation in return on asset category among related companies.
Deere Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Deere, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Deere will eventually generate negative long term returns. The profitability progress is the general direction of Deere's change in net profit over the period of time. It can combine multiple indicators of Deere, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -2.8 B | -2.9 B | |
| Operating Income | 17.8 B | 18.7 B | |
| Income Before Tax | 15 B | 15.7 B | |
| Total Other Income Expense Net | 902.7 M | 947.8 M | |
| Net Income | 11.7 B | 12.3 B | |
| Income Tax Expense | 3.3 B | 3.5 B | |
| Net Income Applicable To Common Shares | 11.7 B | 12.3 B | |
| Net Income From Continuing Ops | 11.7 B | 12.3 B | |
| Non Operating Income Net Other | 11.5 M | 12.1 M | |
| Interest Income | 846.4 M | 1.1 B | |
| Net Interest Income | -2.2 B | -2.3 B | |
| Change To Netincome | -219.6 M | -208.6 M | |
| Net Income Per Share | 19.14 | 20.09 | |
| Income Quality | 1.30 | 1.36 | |
| Net Income Per E B T | 0.78 | 0.46 |
Deere Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Deere. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Deere position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Deere's important profitability drivers and their relationship over time.
Use Deere in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Deere position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Deere will appreciate offsetting losses from the drop in the long position's value.Deere Pair Trading
Deere Company Pair Trading Analysis
The ability to find closely correlated positions to Deere could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Deere when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Deere - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Deere Company to buy it.
The correlation of Deere is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Deere moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Deere Company moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Deere can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Deere position
In addition to having Deere in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Cars Thematic Idea Now
Cars
Domestic and international companies involved in manufacturing and serving automobiles and trucks. The Cars theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Cars Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Investing Opportunities. Note that the Deere Company information on this page should be used as a complementary analysis to other Deere's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for Deere Stock analysis
When running Deere's price analysis, check to measure Deere's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Deere is operating at the current time. Most of Deere's value examination focuses on studying past and present price action to predict the probability of Deere's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Deere's price. Additionally, you may evaluate how the addition of Deere to your portfolios can decrease your overall portfolio volatility.
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |
To fully project Deere's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Deere Company at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Deere's income statement, its balance sheet, and the statement of cash flows.